Sigma Planning Corp Has $438,000 Holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Sigma Planning Corp cut its stake in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 50.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,453 shares of the investment management company’s stock after selling 47,562 shares during the period. Sigma Planning Corp’s holdings in BlackRock Corporate High Yield Fund were worth $438,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in HYT. Uncommon Cents Investing LLC grew its stake in shares of BlackRock Corporate High Yield Fund by 6.5% during the third quarter. Uncommon Cents Investing LLC now owns 40,102 shares of the investment management company’s stock worth $346,000 after purchasing an additional 2,435 shares during the period. Lake Street Financial LLC grew its stake in BlackRock Corporate High Yield Fund by 27.4% in the third quarter. Lake Street Financial LLC now owns 239,500 shares of the investment management company’s stock valued at $2,069,000 after acquiring an additional 51,550 shares during the period. Commonwealth Equity Services LLC grew its stake in BlackRock Corporate High Yield Fund by 16.5% in the third quarter. Commonwealth Equity Services LLC now owns 372,920 shares of the investment management company’s stock valued at $3,218,000 after acquiring an additional 52,756 shares during the period. Cambridge Investment Research Advisors Inc. grew its stake in BlackRock Corporate High Yield Fund by 1.1% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 126,306 shares of the investment management company’s stock valued at $1,090,000 after acquiring an additional 1,359 shares during the period. Finally, Robbins Farley acquired a new position in BlackRock Corporate High Yield Fund in the third quarter valued at about $75,000.

BlackRock Corporate High Yield Fund Price Performance

NYSE:HYT opened at $9.60 on Friday. BlackRock Corporate High Yield Fund, Inc. has a 1 year low of $8.18 and a 1 year high of $9.91. The stock has a 50-day moving average price of $9.67 and a two-hundred day moving average price of $9.28.

BlackRock Corporate High Yield Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be paid a $0.0779 dividend. The ex-dividend date is Friday, April 12th. This represents a $0.93 dividend on an annualized basis and a yield of 9.74%.

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.