Concourse Financial Group Securities Inc. Has $113,000 Holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Concourse Financial Group Securities Inc. raised its stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 31.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,455 shares of the investment management company’s stock after purchasing an additional 2,773 shares during the period. Concourse Financial Group Securities Inc.’s holdings in BlackRock Corporate High Yield Fund were worth $113,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Truist Financial Corp lifted its position in BlackRock Corporate High Yield Fund by 75.1% in the fourth quarter. Truist Financial Corp now owns 25,743 shares of the investment management company’s stock worth $253,000 after purchasing an additional 11,042 shares during the period. LPL Financial LLC lifted its holdings in shares of BlackRock Corporate High Yield Fund by 0.9% during the 4th quarter. LPL Financial LLC now owns 933,125 shares of the investment management company’s stock worth $9,154,000 after acquiring an additional 8,285 shares during the period. Sanctuary Advisors LLC boosted its position in shares of BlackRock Corporate High Yield Fund by 20.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 13,239 shares of the investment management company’s stock valued at $131,000 after acquiring an additional 2,271 shares in the last quarter. Atria Wealth Solutions Inc. increased its stake in BlackRock Corporate High Yield Fund by 4.0% in the fourth quarter. Atria Wealth Solutions Inc. now owns 65,055 shares of the investment management company’s stock valued at $638,000 after acquiring an additional 2,530 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in BlackRock Corporate High Yield Fund by 5.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 145,958 shares of the investment management company’s stock worth $1,432,000 after purchasing an additional 7,242 shares in the last quarter.

BlackRock Corporate High Yield Fund Stock Up 1.1 %

NYSE HYT opened at $9.50 on Friday. BlackRock Corporate High Yield Fund, Inc. has a 1-year low of $7.84 and a 1-year high of $10.16. The stock’s 50 day moving average is $9.47 and its two-hundred day moving average is $9.73.

BlackRock Corporate High Yield Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a $0.0779 dividend. This represents a $0.93 annualized dividend and a yield of 9.85%. The ex-dividend date of this dividend is Tuesday, April 15th.

About BlackRock Corporate High Yield Fund

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.