Wealth Enhancement Advisory Services LLC Has $315,000 Position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Wealth Enhancement Advisory Services LLC lifted its stake in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 64.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,359 shares of the investment management company’s stock after acquiring an additional 12,326 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in BlackRock Corporate High Yield Fund were worth $315,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Pathway Financial Advisers LLC raised its holdings in BlackRock Corporate High Yield Fund by 950.2% during the third quarter. Pathway Financial Advisers LLC now owns 1,876,286 shares of the investment management company’s stock worth $187,000 after buying an additional 1,697,620 shares during the last quarter. International Assets Investment Management LLC acquired a new position in BlackRock Corporate High Yield Fund during the third quarter worth $33,316,000. Lake Street Private Wealth LLC raised its holdings in BlackRock Corporate High Yield Fund by 0.9% during the third quarter. Lake Street Private Wealth LLC now owns 438,300 shares of the investment management company’s stock worth $4,409,000 after buying an additional 3,800 shares during the last quarter. Private Advisor Group LLC raised its holdings in BlackRock Corporate High Yield Fund by 6.6% during the third quarter. Private Advisor Group LLC now owns 250,503 shares of the investment management company’s stock worth $2,520,000 after buying an additional 15,533 shares during the last quarter. Finally, RDA Financial Network raised its holdings in BlackRock Corporate High Yield Fund by 0.8% during the third quarter. RDA Financial Network now owns 165,659 shares of the investment management company’s stock worth $1,667,000 after buying an additional 1,325 shares during the last quarter.

BlackRock Corporate High Yield Fund Stock Performance

HYT opened at $9.99 on Monday. The company’s fifty day moving average price is $9.95 and its two-hundred day moving average price is $9.83. BlackRock Corporate High Yield Fund, Inc. has a 1-year low of $8.55 and a 1-year high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.0779 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.93 annualized dividend and a dividend yield of 9.36%.

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.