BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Stock Holdings Lessened by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lowered its stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 64.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,108 shares of the investment management company’s stock after selling 43,657 shares during the period. Stratos Wealth Partners LTD.’s holdings in BlackRock Corporate High Yield Fund were worth $231,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of HYT. Raymond James Financial Inc. bought a new position in shares of BlackRock Corporate High Yield Fund in the fourth quarter valued at $1,575,000. Commonwealth Equity Services LLC increased its holdings in shares of BlackRock Corporate High Yield Fund by 12.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 363,340 shares of the investment management company’s stock valued at $3,564,000 after buying an additional 41,563 shares in the last quarter. HUB Investment Partners LLC increased its holdings in shares of BlackRock Corporate High Yield Fund by 561.8% in the fourth quarter. HUB Investment Partners LLC now owns 167,871 shares of the investment management company’s stock valued at $1,647,000 after buying an additional 142,507 shares in the last quarter. Samalin Investment Counsel LLC increased its holdings in shares of BlackRock Corporate High Yield Fund by 4.3% in the fourth quarter. Samalin Investment Counsel LLC now owns 32,849 shares of the investment management company’s stock valued at $322,000 after buying an additional 1,362 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of BlackRock Corporate High Yield Fund by 0.9% in the fourth quarter. LPL Financial LLC now owns 933,125 shares of the investment management company’s stock valued at $9,154,000 after buying an additional 8,285 shares in the last quarter.

BlackRock Corporate High Yield Fund Stock Down 0.5%

NYSE HYT opened at $9.72 on Thursday. BlackRock Corporate High Yield Fund, Inc. has a 1 year low of $7.84 and a 1 year high of $10.16. The business’s fifty day moving average is $9.69 and its two-hundred day moving average is $9.64.

BlackRock Corporate High Yield Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be issued a $0.0779 dividend. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $0.93 annualized dividend and a dividend yield of 9.62%.

BlackRock Corporate High Yield Fund 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.