Choreo LLC acquired a new stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 53,431 shares of the investment management company’s stock, valued at approximately $518,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Atomi Financial Group Inc. raised its stake in BlackRock Corporate High Yield Fund by 9.6% during the second quarter. Atomi Financial Group Inc. now owns 20,550 shares of the investment management company’s stock worth $199,000 after purchasing an additional 1,800 shares during the period. Cullen Frost Bankers Inc. raised its position in shares of BlackRock Corporate High Yield Fund by 100.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 10,000 shares of the investment management company’s stock worth $97,000 after buying an additional 5,000 shares during the period. Geneos Wealth Management Inc. raised its position in shares of BlackRock Corporate High Yield Fund by 14.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 42,995 shares of the investment management company’s stock worth $421,000 after buying an additional 5,347 shares during the period. Concourse Financial Group Securities Inc. boosted its holdings in BlackRock Corporate High Yield Fund by 132.5% in the first quarter. Concourse Financial Group Securities Inc. now owns 12,485 shares of the investment management company’s stock valued at $122,000 after acquiring an additional 7,114 shares during the last quarter. Finally, Kovack Advisors Inc. grew its position in BlackRock Corporate High Yield Fund by 20.5% during the first quarter. Kovack Advisors Inc. now owns 45,210 shares of the investment management company’s stock valued at $443,000 after acquiring an additional 7,700 shares during the period.
BlackRock Corporate High Yield Fund Stock Up 0.5 %
NYSE HYT opened at $10.09 on Monday. BlackRock Corporate High Yield Fund, Inc. has a 1-year low of $8.18 and a 1-year high of $10.10. The business’s 50-day simple moving average is $9.84 and its 200-day simple moving average is $9.76.
BlackRock Corporate High Yield Fund Announces Dividend
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.
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