BHK - Shares of Blackrock Core Bond Trust (BHK) Rise to a New 52-Week High
Blackrock Core Bond Trust (NYSE:BHK) traded at a new 52-week high today of $16.90. This new high was reached on below average trading volume as 58,000 shares traded hands, while the average 30-day volume is approximately 109,000 shares.
Blackrock Core Bond Trust (NYSE:BHK) defies analysts with a current price ($16.86) 2.8% above its average consensus price target of $16.38.
Blackrock Core Bond Trust is a closed-end management investment company. Its objective is to provide current income and capital appreciation. The trust seeks to achieve its investment objective by investing a majority of its managed assets in bonds that are investment grade quality at the time of investment. The trust's investments will include a broad range of bonds, including corporate bonds, U.S. government and agency securities and mortgage-related securities.
Blackrock Core Bond Trust share prices have moved between a 52-week high of $16.90 and a 52-week low of $14.97 and are now trading 13% above that low price at $16.86 per share.
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