International Assets Investment Management LLC Acquires Shares of 335,159 BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

International Assets Investment Management LLC acquired a new position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 335,159 shares of the investment management company’s stock, valued at approximately $33,316,000.

Several other large investors also recently made changes to their positions in HYT. Lake Street Private Wealth LLC lifted its position in BlackRock Corporate High Yield Fund by 0.9% during the 3rd quarter. Lake Street Private Wealth LLC now owns 438,300 shares of the investment management company’s stock worth $4,409,000 after buying an additional 3,800 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of BlackRock Corporate High Yield Fund by 2.2% in the first quarter. Commonwealth Equity Services LLC now owns 384,709 shares of the investment management company’s stock worth $3,766,000 after acquiring an additional 8,256 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of BlackRock Corporate High Yield Fund by 2.7% during the second quarter. Cetera Investment Advisers now owns 269,937 shares of the investment management company’s stock worth $2,616,000 after purchasing an additional 7,164 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of BlackRock Corporate High Yield Fund by 6.6% during the third quarter. Private Advisor Group LLC now owns 250,503 shares of the investment management company’s stock valued at $2,520,000 after purchasing an additional 15,533 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of 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 valued at $1,841,000 after purchasing an additional 94,261 shares during the last quarter.

BlackRock Corporate High Yield Fund Stock Down 0.2 %

NYSE:HYT opened at $9.87 on Tuesday. The stock’s fifty day moving average price is $9.95 and its two-hundred day moving average price is $9.80. BlackRock Corporate High Yield Fund, Inc. has a 52-week low of $8.28 and a 52-week high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a $0.0779 dividend. This represents a $0.93 annualized dividend and a yield of 9.47%. The ex-dividend date of this dividend is Tuesday, October 15th.

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.