Cetera Investment Advisers Grows Stock Position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Cetera Investment Advisers increased its holdings in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 2.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 269,937 shares of the investment management company’s stock after buying an additional 7,164 shares during the quarter. Cetera Investment Advisers’ holdings in BlackRock Corporate High Yield Fund were worth $2,616,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Pathway Financial Advisers LLC lifted its position in BlackRock Corporate High Yield Fund by 2.7% during the second quarter. Pathway Financial Advisers LLC now owns 178,666 shares of the investment management company’s stock worth $1,731,000 after buying an additional 4,757 shares during the period. J.W. Cole Advisors Inc. purchased a new position in BlackRock Corporate High Yield Fund during the second quarter worth about $158,000. Choreo LLC purchased a new position in BlackRock Corporate High Yield Fund during the second quarter worth about $518,000. Cullen Frost Bankers Inc. lifted its position in BlackRock Corporate High Yield Fund by 100.0% during the second quarter. Cullen Frost Bankers Inc. now owns 10,000 shares of the investment management company’s stock worth $97,000 after buying an additional 5,000 shares during the period. Finally, Private Advisor Group LLC lifted its position in BlackRock Corporate High Yield Fund by 8.2% during the second quarter. Private Advisor Group LLC now owns 234,970 shares of the investment management company’s stock worth $2,277,000 after buying an additional 17,820 shares during the period.

BlackRock Corporate High Yield Fund Trading Up 0.3 %

NYSE HYT opened at $9.99 on Friday. The business’s 50-day moving average price is $9.92 and its 200 day moving average price is $9.79. BlackRock Corporate High Yield Fund, Inc. has a twelve month low of $8.18 and a twelve month high of $10.16.

BlackRock Corporate High Yield Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be paid a dividend of $0.0779 per share. The ex-dividend date is Tuesday, October 15th. This represents a $0.93 annualized dividend and a yield of 9.36%.

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.