Corient Private Wealth LLC Sells 177,434 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Corient Private Wealth LLC decreased its stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 88.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,248 shares of the investment management company’s stock after selling 177,434 shares during the quarter. Corient Private Wealth LLC’s holdings in BlackRock Corporate High Yield Fund were worth $228,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in HYT. Commonwealth Equity Services LLC raised its position in shares of BlackRock Corporate High Yield Fund by 12.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 363,340 shares of the investment management company’s stock valued at $3,564,000 after purchasing an additional 41,563 shares during the period. Private Advisor Group LLC increased its stake 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 buying an additional 21,639 shares in the last quarter. MML Investors Services LLC raised 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 acquiring an additional 74,997 shares during the period. Whipplewood Advisors LLC purchased a new position in shares of BlackRock Corporate High Yield Fund in the fourth quarter valued at about $2,325,000. Finally, Steward Partners Investment Advisory LLC lifted its position in shares of BlackRock Corporate High Yield Fund by 358.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 196,846 shares of the investment management company’s stock valued at $1,931,000 after acquiring an additional 153,940 shares in the last quarter.

BlackRock Corporate High Yield Fund Trading Down 0.2 %

NYSE:HYT opened at $9.57 on Wednesday. The stock has a 50-day moving average price of $9.77 and a 200 day moving average price of $9.84. BlackRock Corporate High Yield Fund, Inc. has a 12-month low of $9.21 and a 12-month high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were issued a dividend of $0.0779 per share. This represents a $0.93 dividend on an annualized basis and a yield of 9.77%. The ex-dividend date of this dividend was 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.