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

Commonwealth Equity Services LLC grew its holdings in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 12.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 363,340 shares of the investment management company’s stock after acquiring an additional 41,563 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock Corporate High Yield Fund were worth $3,564,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Truist Financial Corp boosted its stake in BlackRock Corporate High Yield Fund by 75.1% during the fourth quarter. Truist Financial Corp now owns 25,743 shares of the investment management company’s stock worth $253,000 after acquiring an additional 11,042 shares in the last quarter. Sanctuary Advisors LLC raised its holdings in shares of BlackRock Corporate High Yield Fund by 20.7% during the third quarter. Sanctuary Advisors LLC now owns 13,239 shares of the investment management company’s stock valued at $131,000 after purchasing an additional 2,271 shares during the period. Atria Wealth Solutions Inc. boosted its position in shares of BlackRock Corporate High Yield Fund by 4.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 65,055 shares of the investment management company’s stock worth $638,000 after purchasing an additional 2,530 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of BlackRock Corporate High Yield Fund by 5.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 145,958 shares of the investment management company’s stock valued at $1,432,000 after buying an additional 7,242 shares during the period. Finally, HighTower Advisors LLC increased its position in BlackRock Corporate High Yield Fund by 80.1% in the 3rd quarter. HighTower Advisors LLC now owns 143,237 shares of the investment management company’s stock valued at $1,438,000 after buying an additional 63,720 shares in the last quarter.

BlackRock Corporate High Yield Fund Trading Up 0.1 %

Shares of NYSE:HYT opened at $9.61 on Tuesday. BlackRock Corporate High Yield Fund, Inc. has a 52-week low of $9.21 and a 52-week high of $10.16. The business’s 50 day simple moving average is $9.79 and its two-hundred day simple moving average is $9.86.

BlackRock Corporate High Yield Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a $0.0779 dividend. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.73%. The ex-dividend date is Friday, March 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.