BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Shares Bought by Robbins Farley

Robbins Farley raised its position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 2.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 93,004 shares of the investment management company’s stock after purchasing an additional 2,042 shares during the quarter. Robbins Farley’s holdings in BlackRock Corporate High Yield Fund were worth $891,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in HYT. Whipplewood Advisors LLC acquired a new stake in shares of BlackRock Corporate High Yield Fund in the fourth quarter valued at approximately $2,325,000. Invesco Ltd. increased its stake in shares of BlackRock Corporate High Yield Fund by 18.2% in the fourth quarter. Invesco Ltd. now owns 1,237,705 shares of the investment management company’s stock valued at $12,142,000 after purchasing an additional 190,900 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of BlackRock Corporate High Yield Fund in the fourth quarter valued at approximately $1,575,000. Steward Partners Investment Advisory LLC increased its stake in shares of BlackRock Corporate High Yield Fund by 358.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 196,846 shares of the investment management company’s stock valued at $1,931,000 after purchasing an additional 153,940 shares during the period. Finally, Guggenheim Capital LLC increased its stake in shares of BlackRock Corporate High Yield Fund by 23.0% in the fourth quarter. Guggenheim Capital LLC now owns 775,043 shares of the investment management company’s stock valued at $7,603,000 after purchasing an additional 145,035 shares during the period.

BlackRock Corporate High Yield Fund Stock Performance

Shares of NYSE:HYT opened at $9.70 on Friday. The firm’s 50 day moving average is $9.48 and its two-hundred day moving average is $9.66. BlackRock Corporate High Yield Fund, Inc. has a 52 week low of $7.84 and a 52 week high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a $0.0779 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.93 annualized dividend and a dividend yield of 9.64%.

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.