Morgan Stanley Has $19.11 Million Holdings in BlackRock Core Bond Trust (NYSE:BHK)

Morgan Stanley lessened its position in BlackRock Core Bond Trust (NYSE:BHK) by 9.2% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 1,444,492 shares of the investment management company’s stock after selling 146,577 shares during the period. Morgan Stanley’s holdings in BlackRock Core Bond Trust were worth $19,111,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in BHK. Reilly Financial Advisors LLC grew its stake in BlackRock Core Bond Trust by 126.5% in the first quarter. Reilly Financial Advisors LLC now owns 2,446 shares of the investment management company’s stock valued at $32,000 after acquiring an additional 1,366 shares during the period. Proequities Inc. acquired a new stake in BlackRock Core Bond Trust in the first quarter valued at approximately $36,000. CWM LLC grew its stake in BlackRock Core Bond Trust by 64.0% in the first quarter. CWM LLC now owns 5,077 shares of the investment management company’s stock valued at $67,000 after acquiring an additional 1,981 shares during the period. Rockefeller Capital Management L.P. grew its stake in BlackRock Core Bond Trust by 118.7% in the first quarter. Rockefeller Capital Management L.P. now owns 7,199 shares of the investment management company’s stock valued at $95,000 after acquiring an additional 3,907 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new stake in BlackRock Core Bond Trust in the first quarter valued at approximately $140,000.

Shares of NYSE:BHK opened at $15.51 on Wednesday. BlackRock Core Bond Trust has a 12-month low of $11.44 and a 12-month high of $15.76. The business’s 50 day moving average is $15.13 and its 200 day moving average is $14.66.

The business also recently announced a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a dividend of $0.068 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $0.82 annualized dividend and a dividend yield of 5.26%.

BlackRock Core Bond Trust Profile

BlackRock Core Bond Trust is a closed-ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade quality bonds, including corporate bonds, government and agency securities, and mortgage-related securities.

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Institutional Ownership by Quarter for BlackRock Core Bond Trust (NYSE:BHK)

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