BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Shares Purchased by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC raised its stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 4.3% during the fourth quarter, Holdings Channel reports. The firm owned 32,849 shares of the investment management company’s stock after purchasing an additional 1,362 shares during the period. Samalin Investment Counsel LLC’s holdings in BlackRock Corporate High Yield Fund were worth $322,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Whipplewood Advisors LLC acquired a new position in BlackRock Corporate High Yield Fund in the fourth quarter valued at $2,325,000. Raymond James Financial Inc. acquired a new position in shares of BlackRock Corporate High Yield Fund in the 4th quarter valued at about $1,575,000. Steward Partners Investment Advisory LLC increased its position in BlackRock Corporate High Yield Fund by 358.8% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 196,846 shares of the investment management company’s stock worth $1,931,000 after purchasing an additional 153,940 shares in the last quarter. HUB Investment Partners LLC raised its holdings in BlackRock Corporate High Yield Fund by 561.8% in the fourth quarter. HUB Investment Partners LLC now owns 167,871 shares of the investment management company’s stock valued at $1,647,000 after buying an additional 142,507 shares during the period. Finally, MML Investors Services LLC lifted its position in BlackRock Corporate High Yield Fund by 42.7% during the third quarter. MML Investors Services LLC now owns 250,496 shares of the investment management company’s stock valued at $2,520,000 after buying an additional 74,997 shares in the last quarter.

BlackRock Corporate High Yield Fund Price Performance

BlackRock Corporate High Yield Fund stock opened at $9.58 on Monday. The firm has a fifty day moving average of $9.79 and a 200-day moving average of $9.86. BlackRock Corporate High Yield Fund, Inc. has a 52-week low of $9.21 and a 52-week high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.0779 dividend. This represents a $0.93 annualized dividend and a yield of 9.76%. The ex-dividend date is Friday, March 14th.

BlackRock Corporate High Yield Fund Company 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.