BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Shares Sold by Sigma Planning Corp

Sigma Planning Corp reduced its position in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 50.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor 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 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in HYT. McGowan Group Asset Management Inc. increased its position in BlackRock Corporate High Yield Fund by 3.0% in the third quarter. McGowan Group Asset Management Inc. now owns 3,381,559 shares of the investment management company’s stock worth $29,183,000 after buying an additional 99,663 shares during the period. Penserra Capital Management LLC acquired a new stake in BlackRock Corporate High Yield Fund in the third quarter worth $8,715,000. LPL Financial LLC increased its position in BlackRock Corporate High Yield Fund by 12.6% in the third quarter. LPL Financial LLC now owns 562,785 shares of the investment management company’s stock worth $4,857,000 after buying an additional 63,067 shares during the period. Commonwealth Equity Services LLC increased its position 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 worth $3,218,000 after buying an additional 52,756 shares during the period. Finally, Lake Street Financial LLC increased its position 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 worth $2,069,000 after buying an additional 51,550 shares during the period.

BlackRock Corporate High Yield Fund Stock Down 0.2 %

Shares of 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 business’s fifty day moving average price is $9.67 and its two-hundred day moving average price is $9.28.

BlackRock Corporate High Yield Fund Dividend Announcement

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

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.