B. Riley Wealth Advisors Inc. Purchases 143,542 Shares of BlackRock Core Bond Trust (NYSE:BHK)

B. Riley Wealth Advisors Inc. increased its position in shares of BlackRock Core Bond Trust (NYSE:BHK – Get Rating) by 181.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 222,657 shares of the investment management company’s stock after buying an additional 143,542 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in BlackRock Core Bond Trust were worth $2,227,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of BHK. Karpus Management Inc. bought a new stake in shares of BlackRock Core Bond Trust during the 2nd quarter worth $7,136,000. Penserra Capital Management LLC acquired a new position in BlackRock Core Bond Trust during the 3rd quarter valued at $3,252,000. LPL Financial LLC raised its stake in BlackRock Core Bond Trust by 59.9% during the 2nd quarter. LPL Financial LLC now owns 519,956 shares of the investment management company’s stock valued at $5,886,000 after purchasing an additional 194,759 shares during the last quarter. Rivernorth Capital Management LLC acquired a new position in BlackRock Core Bond Trust during the 1st quarter valued at $2,522,000. Finally, Cetera Investment Advisers acquired a new position in BlackRock Core Bond Trust during the 1st quarter valued at $1,345,000.

BlackRock Core Bond Trust Trading Up 1.5 %

NYSE:BHK opened at $10.67 on Friday. BlackRock Core Bond Trust has a one year low of $9.50 and a one year high of $13.19. The company has a fifty day moving average price of $11.07 and a 200 day moving average price of $10.77.

BlackRock Core Bond Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, March 31st. Investors of record on Wednesday, March 15th will be paid a dividend of $0.075 per share. This represents a $0.90 annualized dividend and a yield of 8.43%. The ex-dividend date of this dividend is Tuesday, March 14th.

About BlackRock Core Bond Trust

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BlackRock Core Bond Trust operates as a closed-end investment fund. The firm intends to provide current income and capital appreciation. Its investments include a broad range of bonds, including corporate bonds, US government and agency securities and mortgage-related securities. The company was founded on November 30, 2001 and is headquartered in Wilmington, DE.