HighTower Advisors LLC Has $1.44 Million Position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

HighTower Advisors LLC boosted its position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 80.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 143,237 shares of the investment management company’s stock after buying an additional 63,720 shares during the quarter. HighTower Advisors LLC’s holdings in BlackRock Corporate High Yield Fund were worth $1,438,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of HYT. Pathway Financial Advisers LLC grew its stake in shares of BlackRock Corporate High Yield Fund by 950.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,876,286 shares of the investment management company’s stock worth $187,000 after acquiring an additional 1,697,620 shares in the last quarter. Lake Street Private Wealth LLC grew its position in BlackRock Corporate High Yield Fund by 0.9% in the third quarter. Lake Street Private Wealth LLC now owns 438,300 shares of the investment management company’s stock valued at $4,409,000 after purchasing an additional 3,800 shares in the last quarter. International Assets Investment Management LLC bought a new position in BlackRock Corporate High Yield Fund in the third quarter valued at $33,316,000. Cetera Investment Advisers increased its stake in BlackRock Corporate High Yield Fund by 2.7% in the 2nd quarter. Cetera Investment Advisers now owns 269,937 shares of the investment management company’s stock valued at $2,616,000 after buying an additional 7,164 shares during the last quarter. Finally, Private Advisor Group LLC lifted its position in BlackRock Corporate High Yield Fund by 6.6% during the 3rd quarter. Private Advisor Group LLC now owns 250,503 shares of the investment management company’s stock worth $2,520,000 after buying an additional 15,533 shares in the last quarter.

BlackRock Corporate High Yield Fund Stock Performance

Shares of NYSE HYT opened at $9.96 on Monday. The business has a 50-day moving average of $9.91 and a 200-day moving average of $9.85. BlackRock Corporate High Yield Fund, Inc. has a fifty-two week low of $9.13 and a fifty-two week high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 16th will be paid a $0.0779 dividend. The ex-dividend date is Monday, December 16th. This represents a $0.93 dividend on an annualized basis and a yield of 9.39%.

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.