Wells Fargo & Company MN increased its holdings in Blackrock Corporate High Yield Fund Inc (NYSE:HYT) by 9.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,029,462 shares of the investment management company’s stock after acquiring an additional 92,575 shares during the quarter. Wells Fargo & Company MN owned approximately 0.81% of Blackrock Corporate High Yield Fund worth $11,283,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Harbour Capital Advisors LLC boosted its holdings in Blackrock Corporate High Yield Fund by 996.0% in the second quarter. Harbour Capital Advisors LLC now owns 72,391 shares of the investment management company’s stock valued at $6,605,000 after purchasing an additional 65,786 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Blackrock Corporate High Yield Fund by 27.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 32,062 shares of the investment management company’s stock valued at $351,000 after purchasing an additional 7,000 shares in the last quarter. Bessemer Group Inc. grew its stake in Blackrock Corporate High Yield Fund by 0.6% during the 2nd quarter. Bessemer Group Inc. now owns 11,669 shares of the investment management company’s stock valued at $128,000 after purchasing an additional 73 shares in the last quarter. Edge Wealth Management LLC grew its stake in Blackrock Corporate High Yield Fund by 8.1% during the 2nd quarter. Edge Wealth Management LLC now owns 83,417 shares of the investment management company’s stock valued at $919,000 after purchasing an additional 6,251 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in Blackrock Corporate High Yield Fund by 2.2% during the 2nd quarter. IFP Advisors Inc now owns 16,192 shares of the investment management company’s stock valued at $177,000 after purchasing an additional 344 shares in the last quarter.

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Shares of Blackrock Corporate High Yield Fund Inc (NYSE HYT) opened at 11.28 on Tuesday. The firm’s 50-day moving average price is $11.13 and its 200-day moving average price is $11.09. Blackrock Corporate High Yield Fund Inc has a 52 week low of $9.86 and a 52 week high of $11.37.

The firm also recently declared a monthly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a $0.07 dividend. This represents a $0.84 annualized dividend and a yield of 7.45%. The ex-dividend date was Thursday, September 14th.

Blackrock Corporate High Yield Fund Company Profile

BlackRock Corporate High Yield Fund, Inc is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide shareholders with current income. The Trust’s secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed income securities, which are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality.

Institutional Ownership by Quarter for Blackrock Corporate High Yield Fund (NYSE:HYT)

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