Sii Investments Inc. WI reduced its stake in Blackrock Corporate High Yield Fund Inc (NYSE:HYT) by 8.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 31,982 shares of the investment management company’s stock after selling 2,855 shares during the quarter. Sii Investments Inc. WI’s holdings in Blackrock Corporate High Yield Fund were worth $349,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Blackrock Corporate High Yield Fund in the second quarter worth approximately $196,000. SG Americas Securities LLC lifted its stake in shares of Blackrock Corporate High Yield Fund by 210.3% in the second quarter. SG Americas Securities LLC now owns 94,477 shares of the investment management company’s stock worth $1,035,000 after acquiring an additional 64,027 shares during the period. CLS Investments LLC lifted its stake in shares of Blackrock Corporate High Yield Fund by 21.6% in the second quarter. CLS Investments LLC now owns 317,398 shares of the investment management company’s stock worth $3,479,000 after acquiring an additional 56,291 shares during the period. Sigma Planning Corp lifted its stake in shares of Blackrock Corporate High Yield Fund by 4.1% in the second quarter. Sigma Planning Corp now owns 12,254 shares of the investment management company’s stock worth $134,000 after acquiring an additional 482 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Blackrock Corporate High Yield Fund by 1.9% in the second quarter. JPMorgan Chase & Co. now owns 3,097,233 shares of the investment management company’s stock worth $33,946,000 after acquiring an additional 57,692 shares during the period.

Blackrock Corporate High Yield Fund Inc (HYT) opened at 11.33 on Friday. Blackrock Corporate High Yield Fund Inc has a 1-year low of $9.86 and a 1-year high of $11.39. The company has a 50 day moving average price of $11.16 and a 200-day moving average price of $11.10.

The business also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, October 16th will be issued a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a yield of 7.41%. The ex-dividend date is Friday, October 13th.

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Blackrock Corporate High Yield Fund 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.

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

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