BlackRock Corporate High Yield Fund, Inc. $HYT Shares Purchased by Rareview Capital LLC

Rareview Capital LLC increased its holdings in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 47.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 452,806 shares of the investment management company’s stock after purchasing an additional 145,607 shares during the period. BlackRock Corporate High Yield Fund makes up 2.0% of Rareview Capital LLC’s holdings, making the stock its 14th biggest position. Rareview Capital LLC’s holdings in BlackRock Corporate High Yield Fund were worth $3,876,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Rivernorth Capital Management LLC acquired a new stake in BlackRock Corporate High Yield Fund during the 1st quarter worth about $50,265,000. Invesco Ltd. boosted its stake in shares of BlackRock Corporate High Yield Fund by 12.5% in the fourth quarter. Invesco Ltd. now owns 1,632,966 shares of the investment management company’s stock worth $14,533,000 after buying an additional 181,883 shares during the last quarter. LPL Financial LLC boosted its stake in shares of BlackRock Corporate High Yield Fund by 12.9% in the fourth quarter. LPL Financial LLC now owns 1,363,639 shares of the investment management company’s stock worth $12,136,000 after buying an additional 156,073 shares during the last quarter. Absolute Investment Advisers LLC acquired a new stake in BlackRock Corporate High Yield Fund during the first quarter worth about $10,155,000. Finally, MML Investors Services LLC grew its holdings in BlackRock Corporate High Yield Fund by 0.9% during the second quarter. MML Investors Services LLC now owns 992,083 shares of the investment management company’s stock worth $9,673,000 after acquiring an additional 8,754 shares during the period.

BlackRock Corporate High Yield Fund Trading Down 0.2%

Shares of HYT stock opened at $8.25 on Friday. BlackRock Corporate High Yield Fund, Inc. has a twelve month low of $8.22 and a twelve month high of $9.61. The stock has a 50 day moving average of $8.39 and a 200 day moving average of $8.53.

BlackRock Corporate High Yield Fund Company Profile

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.