Kesler Norman & Wride LLC Sells 2,676 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Kesler Norman & Wride LLC cut its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 7.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,397 shares of the investment management company’s stock after selling 2,676 shares during the period. Kesler Norman & Wride LLC’s holdings in BlackRock Corporate High Yield Fund were worth $308,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Truist Financial Corp boosted its stake in shares of BlackRock Corporate High Yield Fund by 75.1% during the 4th quarter. Truist Financial Corp now owns 25,743 shares of the investment management company’s stock worth $253,000 after acquiring an additional 11,042 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in BlackRock Corporate High Yield Fund by 20.7% during the third quarter. Sanctuary Advisors LLC now owns 13,239 shares of the investment management company’s stock valued at $131,000 after purchasing an additional 2,271 shares during the last quarter. Atria Wealth Solutions Inc. raised its position in shares of BlackRock Corporate High Yield Fund by 4.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 65,055 shares of the investment management company’s stock valued at $638,000 after purchasing an additional 2,530 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of BlackRock Corporate High Yield Fund by 5.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 145,958 shares of the investment management company’s stock worth $1,432,000 after buying an additional 7,242 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its holdings 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 worth $3,564,000 after buying an additional 41,563 shares during the period.

BlackRock Corporate High Yield Fund Trading Down 0.2 %

Shares of HYT opened at $9.58 on Thursday. BlackRock Corporate High Yield Fund, Inc. has a one year low of $9.21 and a one year high of $10.16. The company’s fifty day moving average price is $9.76 and its 200 day moving average price is $9.84.

BlackRock Corporate High Yield Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were paid a $0.0779 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.76%.

About BlackRock Corporate High Yield Fund

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.