BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Shares Purchased by Private Advisor Group LLC

Private Advisor Group LLC boosted its position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 8.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 272,142 shares of the investment management company’s stock after buying an additional 21,639 shares during the period. Private Advisor Group LLC’s holdings in BlackRock Corporate High Yield Fund were worth $2,670,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Pathway Financial Advisers LLC lifted its stake in shares of BlackRock Corporate High Yield Fund by 950.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 1,876,286 shares of the investment management company’s stock worth $187,000 after acquiring an additional 1,697,620 shares during the period. International Assets Investment Management LLC acquired a new stake in BlackRock Corporate High Yield Fund in the third quarter valued at about $33,316,000. MML Investors Services LLC lifted its position in BlackRock Corporate High Yield Fund by 42.7% in the third quarter. MML Investors Services LLC now owns 250,496 shares of the investment management company’s stock valued at $2,520,000 after purchasing an additional 74,997 shares during the period. HighTower Advisors LLC boosted its holdings in BlackRock Corporate High Yield Fund by 80.1% in the 3rd quarter. HighTower Advisors LLC now owns 143,237 shares of the investment management company’s stock valued at $1,438,000 after purchasing an additional 63,720 shares in the last quarter. Finally, Cornerstone Advisors LLC acquired a new position in BlackRock Corporate High Yield Fund during the 3rd quarter worth approximately $628,000.

BlackRock Corporate High Yield Fund Price Performance

HYT opened at $9.78 on Tuesday. BlackRock Corporate High Yield Fund, Inc. has a 12 month low of $9.21 and a 12 month high of $10.16. The business has a 50 day simple moving average of $9.81 and a 200-day simple moving average of $9.88.

BlackRock Corporate High Yield Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.0779 dividend. This represents a $0.93 dividend on an annualized basis and a yield of 9.56%. The ex-dividend date of this dividend is Friday, February 14th.

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.