Commonwealth Equity Services LLC Has $3.56 Million Stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Commonwealth Equity Services LLC raised its stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 12.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 363,340 shares of the investment management company’s stock after buying an additional 41,563 shares during the quarter. Commonwealth Equity Services LLC’s holdings in BlackRock Corporate High Yield Fund were worth $3,564,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of HYT. Private Advisor Group LLC grew its position in BlackRock Corporate High Yield Fund by 8.6% in the 4th quarter. Private Advisor Group LLC now owns 272,142 shares of the investment management company’s stock worth $2,670,000 after purchasing an additional 21,639 shares in the last quarter. MML Investors Services LLC increased its position in shares of BlackRock Corporate High Yield Fund by 42.7% during 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 acquiring an additional 74,997 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of BlackRock Corporate High Yield Fund during the fourth quarter valued at approximately $2,325,000. Steward Partners Investment Advisory LLC lifted its holdings in BlackRock Corporate High Yield Fund by 358.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 196,846 shares of the investment management company’s stock worth $1,931,000 after acquiring an additional 153,940 shares during the period. Finally, RDA Financial Network grew its stake in BlackRock Corporate High Yield Fund by 6.0% in the 4th quarter. RDA Financial Network now owns 175,609 shares of the investment management company’s stock valued at $1,723,000 after purchasing an additional 9,950 shares during the period.

BlackRock Corporate High Yield Fund Trading Up 0.1 %

NYSE HYT opened at $9.61 on Tuesday. The business’s fifty day moving average is $9.79 and its 200-day moving average is $9.86. BlackRock Corporate High Yield Fund, Inc. has a one year low of $9.21 and a one year high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.0779 dividend. This represents a $0.93 annualized dividend and a yield of 9.73%. The ex-dividend date is Friday, March 14th.

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.