Creekside Partners Acquires 10,381 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Creekside Partners raised its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 17.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,969 shares of the investment management company’s stock after acquiring an additional 10,381 shares during the period. Creekside Partners’ holdings in BlackRock Corporate High Yield Fund were worth $714,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. CWM LLC increased its holdings in shares of BlackRock Corporate High Yield Fund by 17.5% during the third quarter. CWM LLC now owns 7,221 shares of the investment management company’s stock valued at $73,000 after acquiring an additional 1,074 shares in the last quarter. Concourse Financial Group Securities Inc. lifted its position in shares of BlackRock Corporate High Yield Fund by 77.2% during 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 during the last quarter. Cullen Frost Bankers Inc. lifted its holdings in BlackRock Corporate High Yield Fund by 100.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 10,000 shares of the investment management company’s stock worth $97,000 after purchasing an additional 5,000 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in BlackRock Corporate High Yield Fund during the 2nd quarter worth about $106,000. Finally, Tyler Stone Wealth Management lifted its holdings in BlackRock Corporate High Yield Fund by 100.0% during the 3rd quarter. Tyler Stone Wealth Management now owns 10,648 shares of the investment management company’s stock worth $107,000 after purchasing an additional 5,324 shares in the last quarter.

BlackRock Corporate High Yield Fund Stock Performance

Shares of NYSE HYT opened at $9.83 on Thursday. The stock’s 50-day simple moving average is $9.94 and its two-hundred day simple moving average is $9.84. BlackRock Corporate High Yield Fund, Inc. has a twelve month low of $8.55 and a twelve month high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.0779 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.93 annualized dividend and a yield of 9.51%.

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.