BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Shares Purchased by Steward Partners Investment Advisory LLC

Steward Partners Investment Advisory LLC raised its position in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 358.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 196,846 shares of the investment management company’s stock after buying an additional 153,940 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in BlackRock Corporate High Yield Fund were worth $1,931,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Truist Financial Corp raised its stake in BlackRock Corporate High Yield Fund by 75.1% during the fourth quarter. Truist Financial Corp now owns 25,743 shares of the investment management company’s stock valued at $253,000 after buying an additional 11,042 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in shares of BlackRock Corporate High Yield Fund by 20.7% during the third quarter. Sanctuary Advisors LLC now owns 13,239 shares of the investment management company’s stock valued at $131,000 after purchasing an additional 2,271 shares during the last quarter. Atria Wealth Solutions Inc. grew its holdings in shares of BlackRock Corporate High Yield Fund by 4.0% during the fourth quarter. Atria Wealth Solutions Inc. now owns 65,055 shares of the investment management company’s stock valued at $638,000 after purchasing an additional 2,530 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of BlackRock Corporate High Yield Fund by 5.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 145,958 shares of the investment management company’s stock valued at $1,432,000 after purchasing an additional 7,242 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of BlackRock Corporate High Yield Fund by 80.1% during the third quarter. HighTower Advisors LLC now owns 143,237 shares of the investment management company’s stock valued at $1,438,000 after purchasing an additional 63,720 shares during the last quarter.

BlackRock Corporate High Yield Fund Stock Down 0.2 %

NYSE:HYT opened at $9.84 on Friday. The stock has a 50 day moving average of $9.83 and a 200-day moving average of $9.88. 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 Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.0779 per share. This represents a $0.93 annualized dividend and a dividend yield of 9.50%. The ex-dividend date is Friday, March 14th.

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.