Janney Montgomery Scott LLC Grows Stock Position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Janney Montgomery Scott LLC raised its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 4.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,716 shares of the investment management company’s stock after buying an additional 6,172 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BlackRock Corporate High Yield Fund were worth $1,395,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Pathway Financial Advisers LLC boosted its position in shares of BlackRock Corporate High Yield Fund by 950.2% in the third quarter. Pathway Financial Advisers LLC now owns 1,876,286 shares of the investment management company’s stock worth $187,000 after acquiring an additional 1,697,620 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of BlackRock Corporate High Yield Fund in the 3rd quarter valued at $33,316,000. Cetera Investment Advisers grew its stake in shares of BlackRock Corporate High Yield Fund by 358.0% during the 1st quarter. Cetera Investment Advisers now owns 262,773 shares of the investment management company’s stock valued at $2,573,000 after buying an additional 205,393 shares during the period. Robbins Farley grew its stake in shares of BlackRock Corporate High Yield Fund by 864.1% during the 2nd quarter. Robbins Farley now owns 83,798 shares of the investment management company’s stock valued at $812,000 after buying an additional 75,106 shares during the period. Finally, Creekside Partners acquired a new stake in shares of BlackRock Corporate High Yield Fund during the 2nd quarter worth $587,000.

BlackRock Corporate High Yield Fund Trading Down 0.2 %

Shares of BlackRock Corporate High Yield Fund stock opened at $9.89 on Friday. The business’s fifty day moving average price is $9.95 and its 200 day moving average price is $9.83. BlackRock Corporate High Yield Fund, Inc. has a twelve month low of $8.55 and a twelve month high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.0779 per share. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.45%. The ex-dividend date is Friday, November 15th.

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.