RDA Financial Network Has $1.67 Million Position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

RDA Financial Network raised its position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 0.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,659 shares of the investment management company’s stock after buying an additional 1,325 shares during the quarter. RDA Financial Network’s holdings in BlackRock Corporate High Yield Fund were worth $1,667,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Concourse Financial Group Securities Inc. grew its holdings in BlackRock Corporate High Yield Fund by 77.2% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 8,682 shares of the investment management company’s stock valued at $87,000 after buying an additional 3,782 shares in the last quarter. CWM LLC grew its holdings in BlackRock Corporate High Yield Fund by 17.5% in the 3rd quarter. CWM LLC now owns 7,221 shares of the investment management company’s stock valued at $73,000 after buying an additional 1,074 shares in the last quarter. Future Financial Wealth Managment LLC grew its holdings in BlackRock Corporate High Yield Fund by 4.5% in the 3rd quarter. Future Financial Wealth Managment LLC now owns 56,561 shares of the investment management company’s stock valued at $569,000 after buying an additional 2,417 shares in the last quarter. Brookstone Capital Management grew its holdings in shares of BlackRock Corporate High Yield Fund by 34.7% during the 3rd quarter. Brookstone Capital Management now owns 20,808 shares of the investment management company’s stock worth $209,000 after purchasing an additional 5,365 shares in the last quarter. Finally, Atomi Financial Group Inc. grew its holdings in shares of BlackRock Corporate High Yield Fund by 11.9% during the 3rd quarter. Atomi Financial Group Inc. now owns 23,000 shares of the investment management company’s stock worth $231,000 after purchasing an additional 2,450 shares in the last quarter.

BlackRock Corporate High Yield Fund Stock Up 0.7 %

Shares of NYSE HYT traded up $0.07 during mid-day trading on Tuesday, reaching $9.95. The company had a trading volume of 330,477 shares, compared to its average volume of 425,679. BlackRock Corporate High Yield Fund, Inc. has a one year low of $8.18 and a one year high of $10.16. The business’s 50-day simple moving average is $9.93 and its 200 day simple moving average is $9.79.

BlackRock Corporate High Yield Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a dividend of $0.0779 per share. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.39%. The ex-dividend date of this dividend is Tuesday, October 15th.

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.