Wealth Enhancement Advisory Services LLC Sells 1,182 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Wealth Enhancement Advisory Services LLC decreased its stake in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 3.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,177 shares of the investment management company’s stock after selling 1,182 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in BlackRock Corporate High Yield Fund were worth $296,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Armis Advisers LLC purchased a new stake in BlackRock Corporate High Yield Fund in the 4th quarter worth $244,000. Waverly Advisors LLC acquired a new stake in shares of BlackRock Corporate High Yield Fund during the fourth quarter worth about $320,000. Cetera Investment Advisers lifted its position in shares of BlackRock Corporate High Yield Fund by 1.4% during the fourth quarter. Cetera Investment Advisers now owns 273,849 shares of the investment management company’s stock worth $2,686,000 after purchasing an additional 3,839 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of BlackRock Corporate High Yield Fund during the fourth quarter worth approximately $134,000. Finally, Baird Financial Group Inc. increased its stake in shares of BlackRock Corporate High Yield Fund by 7.6% during the fourth quarter. Baird Financial Group Inc. now owns 94,547 shares of the investment management company’s stock worth $928,000 after buying an additional 6,662 shares during the period.

BlackRock Corporate High Yield Fund Trading Down 0.8%

Shares of BlackRock Corporate High Yield Fund stock opened at $9.70 on Monday. The firm’s 50 day moving average is $9.48 and its two-hundred day moving average is $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 announced a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.0779 per share. The ex-dividend date is Friday, June 13th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.64%.

About BlackRock Corporate High Yield Fund

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.