Future Financial Wealth Managment LLC Acquires 2,417 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Future Financial Wealth Managment LLC increased its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 4.5% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 56,561 shares of the investment management company’s stock after buying an additional 2,417 shares during the quarter. Future Financial Wealth Managment LLC’s holdings in BlackRock Corporate High Yield Fund were worth $569,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HYT. B. Riley Wealth Advisors Inc. bought a new stake in shares of BlackRock Corporate High Yield Fund during the 4th quarter valued at about $97,000. Cullen Frost Bankers Inc. grew its stake in shares of BlackRock Corporate High Yield Fund by 100.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 10,000 shares of the investment management company’s stock valued at $97,000 after purchasing an additional 5,000 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of BlackRock Corporate High Yield Fund during the 2nd quarter valued at about $106,000. Hartline Investment Corp bought a new stake in shares of BlackRock Corporate High Yield Fund during the 1st quarter valued at about $121,000. Finally, Concourse Financial Group Securities Inc. grew its stake in shares of BlackRock Corporate High Yield Fund by 132.5% during the 1st quarter. Concourse Financial Group Securities Inc. now owns 12,485 shares of the investment management company’s stock valued at $122,000 after purchasing an additional 7,114 shares during the period.

BlackRock Corporate High Yield Fund Trading Up 1.5 %

Shares of NYSE:HYT opened at $10.04 on Wednesday. The stock has a 50 day moving average of $9.91 and a 200 day moving average of $9.79. BlackRock Corporate High Yield Fund, Inc. has a 12-month low of $8.18 and a 12-month high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be paid a dividend of $0.0779 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.31%.

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.