Melfa Wealth Management Inc. Buys 19,500 Shares of BlackRock Core Bond Trust $BHK

Melfa Wealth Management Inc. raised its stake in shares of BlackRock Core Bond Trust (NYSE:BHK) by 22.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 106,654 shares of the investment management company’s stock after purchasing an additional 19,500 shares during the period. Melfa Wealth Management Inc.’s holdings in BlackRock Core Bond Trust were worth $1,037,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Citadel Advisors LLC bought a new position in shares of BlackRock Core Bond Trust in the fourth quarter worth about $128,000. NBC Securities Inc. boosted its stake in shares of BlackRock Core Bond Trust by 105,500.0% in the first quarter. NBC Securities Inc. now owns 5,280 shares of the investment management company’s stock worth $57,000 after acquiring an additional 5,275 shares during the period. Farther Finance Advisors LLC bought a new position in shares of BlackRock Core Bond Trust in the first quarter worth about $27,000. ProVise Management Group LLC boosted its stake in shares of BlackRock Core Bond Trust by 2.3% in the first quarter. ProVise Management Group LLC now owns 121,149 shares of the investment management company’s stock worth $1,314,000 after acquiring an additional 2,675 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of BlackRock Core Bond Trust by 7.3% in the first quarter. LPL Financial LLC now owns 1,311,417 shares of the investment management company’s stock worth $14,229,000 after acquiring an additional 88,803 shares during the period.

BlackRock Core Bond Trust Stock Up 0.6%

NYSE BHK opened at $9.91 on Tuesday. The business has a 50-day moving average price of $9.70 and a 200-day moving average price of $9.97. BlackRock Core Bond Trust has a twelve month low of $9.41 and a twelve month high of $12.09.

BlackRock Core Bond Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.0746 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%.

BlackRock Core Bond Trust Company 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.