Janney Montgomery Scott LLC Has $1.43 Million Position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Janney Montgomery Scott LLC boosted its holdings in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 5.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 145,958 shares of the investment management company’s stock after acquiring an additional 7,242 shares during the period. Janney Montgomery Scott LLC’s holdings in BlackRock Corporate High Yield Fund were worth $1,432,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. CWM LLC increased its stake in shares of BlackRock Corporate High Yield Fund by 17.5% in the 3rd quarter. CWM LLC now owns 7,221 shares of the investment management company’s stock valued at $73,000 after acquiring an additional 1,074 shares during the last quarter. Concourse Financial Group Securities Inc. boosted its position in shares of BlackRock Corporate High Yield Fund by 77.2% during the third quarter. Concourse Financial Group Securities Inc. now owns 8,682 shares of the investment management company’s stock worth $87,000 after purchasing an additional 3,782 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of BlackRock Corporate High Yield Fund in the 2nd quarter valued at $106,000. Tyler Stone Wealth Management increased its position in shares of BlackRock Corporate High Yield Fund by 100.0% in the 3rd quarter. Tyler Stone Wealth Management now owns 10,648 shares of the investment management company’s stock valued at $107,000 after buying an additional 5,324 shares in the last quarter. Finally, Magnus Financial Group LLC bought a new position in BlackRock Corporate High Yield Fund during the fourth quarter worth about $128,000.

BlackRock Corporate High Yield Fund Stock Performance

Shares of BlackRock Corporate High Yield Fund stock opened at $9.88 on Tuesday. The stock’s 50-day moving average is $9.83 and its 200-day moving average is $9.87. BlackRock Corporate High Yield Fund, Inc. has a one year low of $9.21 and a one year high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a dividend of $0.0779 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.47%.

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.