BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its holdings in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 4.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 281,546 shares of the investment management company’s stock after buying an additional 12,684 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock Corporate High Yield Fund were worth $2,455,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. increased its position in shares of BlackRock Corporate High Yield Fund by 14.3% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 87,187 shares of the investment management company’s stock worth $939,000 after acquiring an additional 10,877 shares during the period. Cetera Investment Advisers increased its holdings in BlackRock Corporate High Yield Fund by 37.9% during the 1st quarter. Cetera Investment Advisers now owns 46,908 shares of the investment management company’s stock worth $505,000 after purchasing an additional 12,881 shares during the period. Merit Financial Group LLC acquired a new stake in BlackRock Corporate High Yield Fund in the 1st quarter valued at about $215,000. NewEdge Advisors LLC boosted its stake in shares of BlackRock Corporate High Yield Fund by 12.1% in the 1st quarter. NewEdge Advisors LLC now owns 83,402 shares of the investment management company’s stock valued at $898,000 after buying an additional 9,000 shares during the period. Finally, First Trust Advisors LP grew its position in shares of BlackRock Corporate High Yield Fund by 13.8% during the first quarter. First Trust Advisors LP now owns 134,659 shares of the investment management company’s stock worth $1,450,000 after buying an additional 16,351 shares in the last quarter.

BlackRock Corporate High Yield Fund Trading Down 0.9 %

Shares of BlackRock Corporate High Yield Fund stock opened at $9.15 on Thursday. BlackRock Corporate High Yield Fund, Inc. has a 52-week low of $8.13 and a 52-week high of $9.72. The company has a 50 day moving average of $8.99 and a 200 day moving average of $8.77.

BlackRock Corporate High Yield Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be given a dividend of $0.0779 per share. The ex-dividend date is Thursday, September 14th. This represents a $0.93 annualized dividend and a dividend yield of 10.22%.

BlackRock Corporate High Yield Fund Company Profile

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.