Private Advisor Group LLC Acquires 15,533 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Private Advisor Group LLC lifted its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 6.6% in the third quarter, Holdings Channel reports. The fund owned 250,503 shares of the investment management company’s stock after purchasing an additional 15,533 shares during the quarter. Private Advisor Group LLC’s holdings in BlackRock Corporate High Yield Fund were worth $2,520,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Lake Street Private Wealth LLC raised its position in BlackRock Corporate High Yield Fund by 22.9% during the first quarter. Lake Street Private Wealth LLC now owns 401,550 shares of the investment management company’s stock valued at $3,931,000 after purchasing an additional 74,700 shares during the period. Commonwealth Equity Services LLC raised its holdings in BlackRock Corporate High Yield Fund by 2.2% during the 1st quarter. Commonwealth Equity Services LLC now owns 384,709 shares of the investment management company’s stock valued at $3,766,000 after buying an additional 8,256 shares during the period. Cetera Investment Advisers lifted its position in BlackRock Corporate High Yield Fund by 2.7% in the second quarter. Cetera Investment Advisers now owns 269,937 shares of the investment management company’s stock worth $2,616,000 after buying an additional 7,164 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in BlackRock Corporate High Yield Fund by 100.6% during the first quarter. Janney Montgomery Scott LLC now owns 188,002 shares of the investment management company’s stock worth $1,841,000 after buying an additional 94,261 shares during the period. Finally, Pathway Financial Advisers LLC increased its position in BlackRock Corporate High Yield Fund by 2.7% during the second quarter. Pathway Financial Advisers LLC now owns 178,666 shares of the investment management company’s stock valued at $1,731,000 after acquiring an additional 4,757 shares during the last quarter.

BlackRock Corporate High Yield Fund Stock Performance

BlackRock Corporate High Yield Fund stock opened at $9.87 on Tuesday. BlackRock Corporate High Yield Fund, Inc. has a 12-month low of $8.28 and a 12-month high of $10.16. The firm has a 50-day moving average price of $9.95 and a 200-day moving average price of $9.80.

BlackRock Corporate High Yield Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be given a dividend of $0.0779 per share. The ex-dividend date is Tuesday, October 15th. This represents a $0.93 annualized dividend and a dividend yield of 9.47%.

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.