Orion Portfolio Solutions LLC Sells 1,203 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Orion Portfolio Solutions LLC trimmed its position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 1.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,132 shares of the investment management company’s stock after selling 1,203 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in BlackRock Corporate High Yield Fund were worth $953,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. LPL Financial LLC raised its stake in shares of BlackRock Corporate High Yield Fund by 0.9% in the 4th quarter. LPL Financial LLC now owns 933,125 shares of the investment management company’s stock valued at $9,154,000 after buying an additional 8,285 shares in the last quarter. Commonwealth Equity Services LLC raised its position in BlackRock Corporate High Yield Fund by 12.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 363,340 shares of the investment management company’s stock worth $3,564,000 after purchasing an additional 41,563 shares in the last quarter. Private Advisor Group LLC lifted its stake in BlackRock Corporate High Yield Fund by 8.6% during the fourth 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 during the period. MML Investors Services LLC boosted its holdings in 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 purchasing an additional 74,997 shares in the last quarter. Finally, Whipplewood Advisors LLC bought a new stake in shares of BlackRock Corporate High Yield Fund in the 4th quarter valued at approximately $2,325,000.

BlackRock Corporate High Yield Fund Stock Performance

BlackRock Corporate High Yield Fund stock opened at $8.70 on Friday. The business has a 50 day simple moving average of $9.73 and a 200 day simple moving average of $9.83. BlackRock Corporate High Yield Fund, Inc. has a one year low of $8.57 and a one year high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be paid a $0.0779 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $0.93 annualized dividend and a dividend yield of 10.75%.

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.