Citadel Advisors LLC Buys Shares of 13,616 BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Citadel Advisors LLC purchased a new position in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 13,616 shares of the investment management company’s stock, valued at approximately $134,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Bank of America Corp DE boosted its position in BlackRock Corporate High Yield Fund by 6.2% during the fourth quarter. Bank of America Corp DE now owns 789,993 shares of the investment management company’s stock worth $7,750,000 after purchasing an additional 45,990 shares during the period. Truist Financial Corp lifted its stake in shares of BlackRock Corporate High Yield Fund by 75.1% in the fourth quarter. Truist Financial Corp now owns 25,743 shares of the investment management company’s stock worth $253,000 after buying an additional 11,042 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of BlackRock Corporate High Yield Fund by 21.2% during the 4th quarter. Wells Fargo & Company MN now owns 235,512 shares of the investment management company’s stock worth $2,310,000 after buying an additional 41,274 shares during the period. LPL Financial LLC boosted its holdings in shares of BlackRock Corporate High Yield Fund by 0.9% during the 4th quarter. LPL Financial LLC now owns 933,125 shares of the investment management company’s stock worth $9,154,000 after buying an additional 8,285 shares during the period. Finally, Atria Wealth Solutions Inc. grew its stake in BlackRock Corporate High Yield Fund by 4.0% in the 4th quarter. Atria Wealth Solutions Inc. now owns 65,055 shares of the investment management company’s stock valued at $638,000 after buying an additional 2,530 shares during the last quarter.

BlackRock Corporate High Yield Fund Stock Performance

HYT stock opened at $9.68 on Monday. The company has a 50-day moving average of $9.40 and a two-hundred day moving average of $9.66. BlackRock Corporate High Yield Fund, Inc. has a 52-week low of $7.84 and a 52-week high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $0.0779 dividend. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.66%. The ex-dividend date of this dividend is Friday, June 13th.

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.