10,300 Shares in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. bought a new position in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,300 shares of the investment management company’s stock, valued at approximately $97,000.

Several other large investors have also added to or reduced their stakes in the business. SeaCrest Wealth Management LLC raised its position in BlackRock Corporate High Yield Fund by 5.6% during the fourth quarter. SeaCrest Wealth Management LLC now owns 34,272 shares of the investment management company’s stock worth $328,000 after acquiring an additional 1,808 shares in the last quarter. RDA Financial Network raised its position in BlackRock Corporate High Yield Fund by 1.4% during the fourth quarter. RDA Financial Network now owns 152,559 shares of the investment management company’s stock worth $1,439,000 after acquiring an additional 2,050 shares in the last quarter. Kovack Advisors Inc. raised its position in BlackRock Corporate High Yield Fund by 8.4% during the fourth quarter. Kovack Advisors Inc. now owns 37,510 shares of the investment management company’s stock worth $354,000 after acquiring an additional 2,900 shares in the last quarter. Stratos Wealth Partners LTD. raised its position in BlackRock Corporate High Yield Fund by 26.6% during the fourth quarter. Stratos Wealth Partners LTD. now owns 14,245 shares of the investment management company’s stock worth $134,000 after acquiring an additional 2,996 shares in the last quarter. Finally, Activest Wealth Management bought a new stake in BlackRock Corporate High Yield Fund during the fourth quarter worth $30,000.

BlackRock Corporate High Yield Fund Stock Down 0.1 %

NYSE HYT opened at $9.69 on Friday. The firm’s fifty day moving average price is $9.73 and its two-hundred day moving average price is $9.64. BlackRock Corporate High Yield Fund, Inc. has a 1 year low of $8.18 and a 1 year high of $9.96.

BlackRock Corporate High Yield Fund Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were given a dividend of $0.0779 per share. This represents a $0.93 annualized dividend and a yield of 9.65%. The ex-dividend date was Friday, June 14th.

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.