US Bancorp DE Lowers Stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

US Bancorp DE lessened its stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYTGet Rating) by 16.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,275 shares of the investment management company’s stock after selling 1,800 shares during the period. US Bancorp DE’s holdings in BlackRock Corporate High Yield Fund were worth $88,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Park Avenue Securities LLC purchased a new position in shares of BlackRock Corporate High Yield Fund during the second quarter worth approximately $381,000. GraniteShares Advisors LLC raised its position in BlackRock Corporate High Yield Fund by 3.0% during the 2nd quarter. GraniteShares Advisors LLC now owns 238,227 shares of the investment management company’s stock valued at $2,270,000 after purchasing an additional 6,861 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of BlackRock Corporate High Yield Fund by 20.8% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 73,138 shares of the investment management company’s stock worth $697,000 after buying an additional 12,588 shares during the period. HNP Capital LLC bought a new position in shares of BlackRock Corporate High Yield Fund during the 2nd quarter worth $1,008,000. Finally, AEGON USA Investment Management LLC increased its stake in shares of BlackRock Corporate High Yield Fund by 21.6% during the second quarter. AEGON USA Investment Management LLC now owns 49,995 shares of the investment management company’s stock valued at $476,000 after buying an additional 8,889 shares during the period.

BlackRock Corporate High Yield Fund Stock Down 0.5 %

NYSE:HYT opened at $8.61 on Thursday. BlackRock Corporate High Yield Fund, Inc. has a 1-year low of $8.13 and a 1-year high of $12.48. The company has a 50-day moving average of $8.76 and a 200 day moving average of $9.49.

BlackRock Corporate High Yield Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Tuesday, November 15th will be given a dividend of $0.0779 per share. The ex-dividend date of this dividend is Monday, November 14th. This represents a $0.93 annualized dividend and a yield of 10.86%.

BlackRock Corporate High Yield Fund Company Profile

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BlackRock Corporate High Yield Fund, Inc is a close ended fixed income mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in fixed income markets across the globe. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in bonds rated Ba or lower by Moody's Investors Service, Inc, or BB or lower by Standard & Poor's Corporation.

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Institutional Ownership by Quarter for BlackRock Corporate High Yield Fund (NYSE:HYT)

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