Concourse Financial Group Securities Inc. Buys 7,114 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Concourse Financial Group Securities Inc. increased its stake in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYTFree Report) by 132.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 12,485 shares of the investment management company’s stock after purchasing an additional 7,114 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in BlackRock Corporate High Yield Fund were worth $122,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Apexium Financial LP bought a new position in shares of BlackRock Corporate High Yield Fund during the 4th quarter valued at approximately $192,000. B. Riley Wealth Advisors Inc. purchased a new position in BlackRock Corporate High Yield Fund during the 4th quarter valued at $97,000. TCG Advisory Services LLC boosted its holdings in BlackRock Corporate High Yield Fund by 21.1% during the 4th quarter. TCG Advisory Services LLC now owns 38,791 shares of the investment management company’s stock valued at $366,000 after acquiring an additional 6,750 shares during the period. Kovack Advisors Inc. boosted its holdings in BlackRock Corporate High Yield Fund by 8.4% during the 4th quarter. Kovack Advisors Inc. now owns 37,510 shares of the investment management company’s stock valued at $354,000 after acquiring an additional 2,900 shares during the period. Finally, Activest Wealth Management purchased a new position in BlackRock Corporate High Yield Fund during the 4th quarter valued at $30,000.

BlackRock Corporate High Yield Fund Stock Performance

HYT opened at $9.71 on Tuesday. The business has a fifty day moving average of $9.73 and a 200 day moving average of $9.66. BlackRock Corporate High Yield Fund, Inc. has a 52-week low of $8.18 and a 52-week high of $9.96.

BlackRock Corporate High Yield Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, July 15th will be issued a dividend of $0.0779 per share. This represents a $0.93 dividend on an annualized basis and a yield of 9.63%. The ex-dividend date is Monday, July 15th.

BlackRock Corporate High Yield Fund Profile

(Free Report)

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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