Creekside Partners Makes New $587,000 Investment in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Creekside Partners purchased a new stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 60,588 shares of the investment management company’s stock, valued at approximately $587,000.

Other institutional investors have also modified their holdings of the company. B. Riley Wealth Advisors Inc. acquired a new position in BlackRock Corporate High Yield Fund during the 4th quarter valued at approximately $97,000. Cullen Frost Bankers Inc. grew its position in shares of BlackRock Corporate High Yield Fund by 100.0% during the second quarter. Cullen Frost Bankers Inc. now owns 10,000 shares of the investment management company’s stock worth $97,000 after acquiring an additional 5,000 shares during the last quarter. Hartline Investment Corp bought a new position in shares of BlackRock Corporate High Yield Fund during the first quarter worth about $121,000. Concourse Financial Group Securities Inc. increased its holdings in shares of BlackRock Corporate High Yield Fund by 132.5% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 12,485 shares of the investment management company’s stock worth $122,000 after acquiring an additional 7,114 shares during the period. Finally, Cornerstone Wealth Group LLC bought a new stake in BlackRock Corporate High Yield Fund in the 1st quarter valued at about $132,000.

BlackRock Corporate High Yield Fund Price Performance

BlackRock Corporate High Yield Fund stock opened at $10.10 on Wednesday. The firm has a 50-day moving average price of $9.89 and a two-hundred day moving average price of $9.78. BlackRock Corporate High Yield Fund, Inc. has a 52-week low of $8.18 and a 52-week high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 9.26%. 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.