Jackson Hole Capital Partners LLC Invests $99,000 in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Jackson Hole Capital Partners LLC acquired a new position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,045 shares of the investment management company’s stock, valued at approximately $99,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in BlackRock Corporate High Yield Fund by 64.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 31,359 shares of the investment management company’s stock worth $315,000 after buying an additional 12,326 shares during the period. Janney Montgomery Scott LLC lifted its holdings in BlackRock Corporate High Yield Fund by 4.7% during the third quarter. Janney Montgomery Scott LLC now owns 138,716 shares of the investment management company’s stock worth $1,395,000 after buying an additional 6,172 shares during the period. Tyler Stone Wealth Management lifted its holdings in 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 buying an additional 5,324 shares during the period. Prospera Financial Services Inc lifted its holdings in BlackRock Corporate High Yield Fund by 12.9% during the third quarter. Prospera Financial Services Inc now owns 22,264 shares of the investment management company’s stock worth $224,000 after buying an additional 2,547 shares during the period. Finally, Cornerstone Advisors LLC purchased a new stake in BlackRock Corporate High Yield Fund during the third quarter worth $628,000.

BlackRock Corporate High Yield Fund Stock Performance

BlackRock Corporate High Yield Fund stock opened at $9.84 on Monday. The business has a fifty day moving average of $9.83 and a two-hundred day moving average of $9.88. BlackRock Corporate High Yield Fund, Inc. has a twelve month low of $9.21 and a twelve month high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.0779 per share. The ex-dividend date is Friday, March 14th. This represents a $0.93 annualized dividend and a dividend yield of 9.50%.

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.