29,862 Shares in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Bought by Elm3 Financial Group LLC

Elm3 Financial Group LLC purchased a new position in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 29,862 shares of the investment management company’s stock, valued at approximately $293,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. CWM LLC grew its holdings in BlackRock Corporate High Yield Fund by 17.5% in the third quarter. CWM LLC now owns 7,221 shares of the investment management company’s stock worth $73,000 after purchasing an additional 1,074 shares during the period. Concourse Financial Group Securities Inc. increased its position in shares of BlackRock Corporate High Yield Fund by 77.2% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 8,682 shares of the investment management company’s stock valued at $87,000 after purchasing an additional 3,782 shares during the last quarter. Tyler Stone Wealth Management raised its position in BlackRock Corporate High Yield Fund by 100.0% in the third quarter. Tyler Stone Wealth Management now owns 10,648 shares of the investment management company’s stock worth $107,000 after acquiring an additional 5,324 shares during the period. Sanctuary Advisors LLC bought a new position in BlackRock Corporate High Yield Fund during the second quarter valued at $106,000. Finally, Magnus Financial Group LLC bought a new stake in BlackRock Corporate High Yield Fund in the 4th quarter valued at about $128,000.

BlackRock Corporate High Yield Fund Trading Down 0.2 %

Shares of NYSE HYT opened at $9.94 on Thursday. The stock has a fifty day moving average of $9.84 and a 200-day moving average of $9.87. BlackRock Corporate High Yield Fund, Inc. has a fifty-two week low of $9.21 and a fifty-two week high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.0779 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.93 dividend on an annualized basis and a yield of 9.41%.

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.