Patten Group Inc. Grows Position in BlackRock Core Bond Trust (NYSE:BHK)

Patten Group Inc. increased its position in BlackRock Core Bond Trust (NYSE:BHK) by 6.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 60,699 shares of the investment management company’s stock after purchasing an additional 3,740 shares during the quarter. Patten Group Inc.’s holdings in BlackRock Core Bond Trust were worth $635,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Dynamic Advisor Solutions LLC lifted its stake in shares of BlackRock Core Bond Trust by 12.0% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 303,989 shares of the investment management company’s stock valued at $3,180,000 after purchasing an additional 32,538 shares during the period. Private Advisor Group LLC lifted its stake in shares of BlackRock Core Bond Trust by 5.6% in the 4th quarter. Private Advisor Group LLC now owns 250,649 shares of the investment management company’s stock valued at $2,622,000 after purchasing an additional 13,279 shares during the period. Fiera Capital Corp lifted its stake in shares of BlackRock Core Bond Trust by 5.7% in the 3rd quarter. Fiera Capital Corp now owns 225,190 shares of the investment management company’s stock valued at $2,711,000 after purchasing an additional 12,110 shares during the period. Private Trust Co. NA lifted its stake in shares of BlackRock Core Bond Trust by 1.9% in the 4th quarter. Private Trust Co. NA now owns 118,524 shares of the investment management company’s stock valued at $1,240,000 after purchasing an additional 2,225 shares during the period. Finally, Ibex Wealth Advisors purchased a new position in shares of BlackRock Core Bond Trust in the 4th quarter valued at approximately $1,110,000.

BlackRock Core Bond Trust Stock Performance

BHK opened at $10.78 on Wednesday. The business has a 50 day moving average of $10.48 and a 200-day moving average of $11.13. BlackRock Core Bond Trust has a 52 week low of $10.09 and a 52 week high of $12.10.

BlackRock Core Bond Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a dividend of $0.0746 per share. This represents a $0.90 dividend on an annualized basis and a yield of 8.31%. The ex-dividend date is Friday, March 14th.

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.