Thrivent Financial for Lutherans Sells 17,521 Shares of BlackRock Core Bond Trust (NYSE:BHK)

Thrivent Financial for Lutherans trimmed its holdings in shares of BlackRock Core Bond Trust (NYSE:BHK) by 21.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 63,006 shares of the investment management company’s stock after selling 17,521 shares during the period. Thrivent Financial for Lutherans’ holdings in BlackRock Core Bond Trust were worth $759,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Fairscale Capital LLC bought a new stake in shares of BlackRock Core Bond Trust in the second quarter worth $35,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in BlackRock Core Bond Trust during the 3rd quarter valued at approximately $48,000. JTC Employer Solutions Trustee Ltd purchased a new position in shares of BlackRock Core Bond Trust in the third quarter worth $87,000. Gilman Hill Asset Management LLC purchased a new position in shares of BlackRock Core Bond Trust during the third quarter valued at about $120,000. Finally, Pinnacle Associates Ltd. increased its stake in BlackRock Core Bond Trust by 7.6% in the 3rd quarter. Pinnacle Associates Ltd. now owns 14,211 shares of the investment management company’s stock worth $171,000 after acquiring an additional 1,000 shares during the last quarter.

BlackRock Core Bond Trust Stock Up 0.3 %

Shares of NYSE:BHK opened at $11.23 on Wednesday. BlackRock Core Bond Trust has a 12 month low of $10.17 and a 12 month high of $12.10. The company has a 50-day moving average price of $11.52 and a 200 day moving average price of $11.23.

BlackRock Core Bond Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were given a $0.0746 dividend. This represents a $0.90 annualized dividend and a yield of 7.97%. The ex-dividend date of this dividend was Friday, November 15th.

About BlackRock Core Bond Trust

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.