Orion Portfolio Solutions LLC Sells 2,354 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Orion Portfolio Solutions LLC lessened its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 2.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,335 shares of the investment management company’s stock after selling 2,354 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in BlackRock Corporate High Yield Fund were worth $989,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Bank of New York Mellon Corp bought a new stake in BlackRock Corporate High Yield Fund during the second quarter worth about $184,000. Atomi Financial Group Inc. increased its position in shares of BlackRock Corporate High Yield Fund by 9.6% during the 2nd quarter. Atomi Financial Group Inc. now owns 20,550 shares of the investment management company’s stock worth $199,000 after purchasing an additional 1,800 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of BlackRock Corporate High Yield Fund by 8.2% during the 2nd quarter. Private Advisor Group LLC now owns 234,970 shares of the investment management company’s stock worth $2,277,000 after purchasing an additional 17,820 shares in the last quarter. Cullen Frost Bankers Inc. boosted its holdings in shares of BlackRock Corporate High Yield Fund by 100.0% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 10,000 shares of the investment management company’s stock valued at $97,000 after buying an additional 5,000 shares during the last quarter. Finally, Choreo LLC acquired a new position in BlackRock Corporate High Yield Fund during the second quarter worth $518,000.

BlackRock Corporate High Yield Fund Stock Down 0.2 %

NYSE HYT opened at $9.96 on Monday. The firm’s fifty day moving average price is $9.91 and its two-hundred day moving average price is $9.85. BlackRock Corporate High Yield Fund, Inc. has a 1 year low of $9.13 and a 1 year high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 16th will be paid a $0.0779 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.93 annualized dividend and a yield of 9.39%.

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.