Capital Investment Advisors LLC Sells 4,265 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Capital Investment Advisors LLC reduced its stake in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 2.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 155,350 shares of the investment management company’s stock after selling 4,265 shares during the period. Capital Investment Advisors LLC’s holdings in BlackRock Corporate High Yield Fund were worth $1,524,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. CWM LLC raised its stake 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 worth $73,000 after acquiring an additional 1,074 shares in the last quarter. Concourse Financial Group Securities Inc. raised its position 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 worth $87,000 after purchasing an additional 3,782 shares during the period. Tyler Stone Wealth Management lifted its stake in BlackRock Corporate High Yield Fund by 100.0% in the third 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 during the last quarter. Sanctuary Advisors LLC bought a new stake in BlackRock Corporate High Yield Fund in the second quarter worth $106,000. Finally, J.W. Cole Advisors Inc. bought a new position in shares of BlackRock Corporate High Yield Fund during the second quarter valued at about $158,000.

BlackRock Corporate High Yield Fund Trading Down 0.1 %

HYT opened at $9.76 on Wednesday. BlackRock Corporate High Yield Fund, Inc. has a 12 month low of $9.21 and a 12 month high of $10.16. The business’s 50-day moving average price is $9.86 and its 200-day moving average price is $9.87.

BlackRock Corporate High Yield Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a $0.0779 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.93 dividend on an annualized basis and a yield of 9.58%.

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.