Capital Investment Advisors LLC Decreases Holdings in BlackRock Corporate High Yield Fund, Inc. $HYT

Capital Investment Advisors LLC cut its stake in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 4.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 123,730 shares of the investment management company’s stock after selling 5,673 shares during the period. Capital Investment Advisors LLC’s holdings in BlackRock Corporate High Yield Fund were worth $1,206,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. US Bancorp DE increased its stake in shares of BlackRock Corporate High Yield Fund by 300.0% in the 1st quarter. US Bancorp DE now owns 4,000 shares of the investment management company’s stock worth $38,000 after purchasing an additional 3,000 shares in the last quarter. Elequin Capital LP purchased a new stake in shares of BlackRock Corporate High Yield Fund in the 1st quarter worth $43,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of BlackRock Corporate High Yield Fund in the 2nd quarter worth $96,000. Saxony Capital Management LLC purchased a new stake in shares of BlackRock Corporate High Yield Fund in the 1st quarter worth $97,000. Finally, Spire Wealth Management increased its stake in shares of BlackRock Corporate High Yield Fund by 12.2% in the 1st quarter. Spire Wealth Management now owns 10,342 shares of the investment management company’s stock worth $99,000 after purchasing an additional 1,123 shares in the last quarter.

BlackRock Corporate High Yield Fund Stock Performance

NYSE:HYT opened at $9.51 on Thursday. BlackRock Corporate High Yield Fund, Inc. has a one year low of $7.84 and a one year high of $10.11. The business has a fifty day moving average price of $9.60 and a 200-day moving average price of $9.56.

BlackRock Corporate High Yield Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $0.0779 dividend. This represents a c) annualized dividend and a dividend yield of 9.8%. The ex-dividend date was Monday, September 15th.

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.