Robbins Farley Raises Position in BlackRock Corporate High Yield Fund, Inc. $HYT

Robbins Farley raised its holdings in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 3.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 95,851 shares of the investment management company’s stock after acquiring an additional 2,847 shares during the quarter. Robbins Farley’s holdings in BlackRock Corporate High Yield Fund were worth $935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Invesco Ltd. boosted its stake in shares of BlackRock Corporate High Yield Fund by 5.9% during the 1st quarter. Invesco Ltd. now owns 1,310,147 shares of the investment management company’s stock worth $12,551,000 after acquiring an additional 72,442 shares during the last quarter. LPL Financial LLC lifted its stake in shares of BlackRock Corporate High Yield Fund by 2.2% during the 1st quarter. LPL Financial LLC now owns 954,053 shares of the investment management company’s stock valued at $9,140,000 after buying an additional 20,928 shares in the last quarter. Cetera Investment Advisers boosted its holdings in BlackRock Corporate High Yield Fund by 6.6% in the 1st quarter. Cetera Investment Advisers now owns 292,030 shares of the investment management company’s stock worth $2,798,000 after buying an additional 18,181 shares during the period. Private Advisor Group LLC boosted its holdings in BlackRock Corporate High Yield Fund by 1.7% in the 1st quarter. Private Advisor Group LLC now owns 276,832 shares of the investment management company’s stock worth $2,652,000 after buying an additional 4,690 shares during the period. Finally, Pathway Financial Advisers LLC boosted its holdings in BlackRock Corporate High Yield Fund by 1.6% in the 1st quarter. Pathway Financial Advisers LLC now owns 194,050 shares of the investment management company’s stock worth $1,859,000 after buying an additional 3,039 shares during the period.

BlackRock Corporate High Yield Fund Stock Up 0.4%

Shares of BlackRock Corporate High Yield Fund stock opened at $9.44 on Tuesday. The company has a fifty day moving average of $9.61 and a 200 day moving average of $9.56. BlackRock Corporate High Yield Fund, Inc. has a fifty-two week low of $7.84 and a fifty-two week high of $10.11.

BlackRock Corporate High Yield Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.0779 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a c) annualized dividend and a yield of 9.9%.

BlackRock Corporate High Yield Fund Profile

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.