237,009 Shares in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Purchased by Whipplewood Advisors LLC

Whipplewood Advisors LLC bought a new stake in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 237,009 shares of the investment management company’s stock, valued at approximately $2,325,000. BlackRock Corporate High Yield Fund accounts for about 1.3% of Whipplewood Advisors LLC’s investment portfolio, making the stock its 14th largest position.

Several other large investors have also modified their holdings of the business. Gladstone Institutional Advisory LLC bought a new position in shares of BlackRock Corporate High Yield Fund during the 4th quarter worth approximately $100,000. Tyler Stone Wealth Management increased its position in shares of BlackRock Corporate High Yield Fund by 100.0% during the third quarter. Tyler Stone Wealth Management now owns 10,648 shares of the investment management company’s stock worth $107,000 after purchasing an additional 5,324 shares in the last quarter. Magnus Financial Group LLC purchased a new stake in shares of BlackRock Corporate High Yield Fund during the 4th quarter valued at $128,000. Sanctuary Advisors LLC boosted its position in shares of BlackRock Corporate High Yield Fund by 20.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 13,239 shares of the investment management company’s stock worth $131,000 after purchasing an additional 2,271 shares in the last quarter. Finally, Pathway Financial Advisers LLC grew its stake in BlackRock Corporate High Yield Fund by 950.2% during the 3rd quarter. Pathway Financial Advisers LLC now owns 1,876,286 shares of the investment management company’s stock worth $187,000 after buying an additional 1,697,620 shares during the last quarter.

BlackRock Corporate High Yield Fund Price Performance

Shares of NYSE:HYT opened at $9.80 on Thursday. The business’s 50-day moving average is $9.81 and its 200 day moving average is $9.88. BlackRock Corporate High Yield Fund, Inc. has a 1 year low of $9.21 and a 1 year high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be issued a dividend of $0.0779 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.93 annualized dividend and a dividend yield of 9.54%.

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.