Invesco Ltd. Purchases 72,442 Shares of BlackRock Corporate High Yield Fund, Inc. $HYT

Invesco Ltd. raised its position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 5.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,310,147 shares of the investment management company’s stock after buying an additional 72,442 shares during the quarter. Invesco Ltd.’s holdings in BlackRock Corporate High Yield Fund were worth $12,551,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Spire Wealth Management grew its position in BlackRock Corporate High Yield Fund by 12.2% in the first quarter. Spire Wealth Management now owns 10,342 shares of the investment management company’s stock valued at $99,000 after acquiring an additional 1,123 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of BlackRock Corporate High Yield Fund by 3.3% during the fourth quarter. Stifel Financial Corp now owns 40,033 shares of the investment management company’s stock worth $393,000 after purchasing an additional 1,287 shares during the last quarter. Robbins Farley grew its position in shares of BlackRock Corporate High Yield Fund by 2.2% in the 1st quarter. Robbins Farley now owns 93,004 shares of the investment management company’s stock valued at $891,000 after buying an additional 2,042 shares during the last quarter. Cullen Frost Bankers Inc. grew its position in shares of BlackRock Corporate High Yield Fund by 30.0% in the 1st quarter. Cullen Frost Bankers Inc. now owns 13,000 shares of the investment management company’s stock valued at $125,000 after buying an additional 3,000 shares during the last quarter. Finally, US Bancorp DE boosted its position in BlackRock Corporate High Yield Fund by 300.0% during the first quarter. US Bancorp DE now owns 4,000 shares of the investment management company’s stock valued at $38,000 after acquiring an additional 3,000 shares during the last quarter.

BlackRock Corporate High Yield Fund Stock Up 1.5%

Shares of HYT opened at $9.5050 on Friday. The firm’s fifty day simple moving average is $9.73 and its two-hundred day simple moving average is $9.62. BlackRock Corporate High Yield Fund, Inc. has a 12 month low of $7.84 and a 12 month high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be paid a dividend of $0.0779 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a c) annualized dividend and a yield of 9.8%.

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.