International Assets Investment Management LLC Acquires 10,650 Shares of BlackRock Corporate High Yield Fund, Inc. $HYT

International Assets Investment Management LLC increased its holdings in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 8.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,527 shares of the investment management company’s stock after buying an additional 10,650 shares during the period. International Assets Investment Management LLC’s holdings in BlackRock Corporate High Yield Fund were worth $1,341,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of HYT. Presper Financial Architects LLC bought a new stake in shares of BlackRock Corporate High Yield Fund during the second quarter worth approximately $800,000. Invesco Ltd. raised its stake in shares of BlackRock Corporate High Yield Fund by 5.9% during the first quarter. Invesco Ltd. now owns 1,310,147 shares of the investment management company’s stock worth $12,551,000 after buying an additional 72,442 shares during the last quarter. Smith Asset Management Co. LLC bought a new stake in shares of BlackRock Corporate High Yield Fund during the first quarter worth approximately $620,000. Ramiah Investment Group bought a new stake in shares of BlackRock Corporate High Yield Fund during the first quarter worth approximately $492,000. Finally, J.W. Cole Advisors Inc. raised its stake in shares of BlackRock Corporate High Yield Fund by 44.0% during the first quarter. J.W. Cole Advisors Inc. now owns 123,844 shares of the investment management company’s stock worth $1,186,000 after buying an additional 37,837 shares during the last quarter.

BlackRock Corporate High Yield Fund Price Performance

HYT opened at $9.21 on Monday. BlackRock Corporate High Yield Fund, Inc. has a fifty-two week low of $7.84 and a fifty-two week high of $10.05. The firm has a 50 day simple moving average of $9.51 and a 200 day simple moving average of $9.55.

BlackRock Corporate High Yield Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Wednesday, October 15th will be paid a $0.0779 dividend. This represents a c) annualized dividend and a yield of 10.1%. The ex-dividend date of this dividend is Wednesday, October 15th.

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.