TrueMark Investments LLC Purchases New Stake in BlackRock Corporate High Yield Fund, Inc. $HYT

TrueMark Investments LLC acquired a new position in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 135,896 shares of the investment management company’s stock, valued at approximately $1,158,000.

Several other large investors have also recently bought and sold shares of HYT. Creative Planning lifted its holdings in BlackRock Corporate High Yield Fund by 6.8% in the third quarter. Creative Planning now owns 17,109 shares of the investment management company’s stock valued at $163,000 after acquiring an additional 1,086 shares during the period. Granite Investment Partners LLC grew its stake in shares of BlackRock Corporate High Yield Fund by 2.1% during the 4th quarter. Granite Investment Partners LLC now owns 56,123 shares of the investment management company’s stock worth $499,000 after purchasing an additional 1,174 shares during the period. Mariner LLC grew its stake in shares of BlackRock Corporate High Yield Fund by 7.0% during the 4th quarter. Mariner LLC now owns 20,275 shares of the investment management company’s stock worth $180,000 after purchasing an additional 1,321 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of BlackRock Corporate High Yield Fund by 47.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 4,354 shares of the investment management company’s stock valued at $39,000 after purchasing an additional 1,399 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of BlackRock Corporate High Yield Fund by 6.8% in the 4th quarter. Stratos Wealth Partners LTD. now owns 26,080 shares of the investment management company’s stock valued at $232,000 after purchasing an additional 1,665 shares in the last quarter.

BlackRock Corporate High Yield Fund Trading Down 0.3%

Shares of NYSE HYT opened at $8.45 on Thursday. BlackRock Corporate High Yield Fund, Inc. has a 52 week low of $8.22 and a 52 week high of $9.88. The firm has a 50-day moving average price of $8.59 and a 200 day moving average price of $8.74.

BlackRock Corporate High Yield Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.0779 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 11.1%.

About BlackRock Corporate High Yield Fund

BlackRock Corporate High Yield Fund (NYSE: HYT) is a diversified, closed-end management investment company designed to offer investors exposure to the credit market’s higher-yielding segment. The fund primarily seeks to generate high current income by investing in below-investment-grade corporate debt securities across a broad range of industries. It may also allocate a portion of its assets to investment-grade bonds and cash equivalents, allowing for flexible portfolio positioning in response to market conditions.

HYT’s investment strategy emphasizes bottom-up credit research, focusing on issuers with strong cash flow potential and sound balance sheets relative to their high-yield peers.