Gainplan LLC lowered its position in shares of Blackrock Corporate High Yield Fund Inc (NYSE:HYT) by 14.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,534 shares of the investment management company’s stock after selling 2,363 shares during the period. Blackrock Corporate High Yield Fund makes up 0.1% of Gainplan LLC’s portfolio, making the stock its 7th largest position. Gainplan LLC’s holdings in Blackrock Corporate High Yield Fund were worth $148,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Harbour Capital Advisors LLC increased its position 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 worth $6,605,000 after buying an additional 65,786 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Blackrock Corporate High Yield Fund by 27.9% in the second quarter. Janney Montgomery Scott LLC now owns 32,062 shares of the investment management company’s stock worth $351,000 after buying an additional 7,000 shares during the last quarter. Bessemer Group Inc. increased its position in Blackrock Corporate High Yield Fund by 0.6% in the second quarter. Bessemer Group Inc. now owns 11,669 shares of the investment management company’s stock worth $128,000 after buying an additional 73 shares during the last quarter. Edge Wealth Management LLC increased its position in Blackrock Corporate High Yield Fund by 8.1% in the second quarter. Edge Wealth Management LLC now owns 83,417 shares of the investment management company’s stock worth $919,000 after buying an additional 6,251 shares during the last quarter. Finally, IFP Advisors Inc increased its position in Blackrock Corporate High Yield Fund by 2.2% in the second quarter. IFP Advisors Inc now owns 16,192 shares of the investment management company’s stock worth $177,000 after buying an additional 344 shares during the last quarter.

Blackrock Corporate High Yield Fund Inc (HYT) opened at 11.03 on Friday. Blackrock Corporate High Yield Fund Inc has a 52-week low of $9.86 and a 52-week high of $11.37. The stock has a 50 day moving average of $11.11 and a 200-day moving average of $11.06.

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be paid a dividend of $0.07 per share. The ex-dividend date is Friday, August 11th. This represents a $0.84 dividend on an annualized basis and a yield of 7.62%.

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About Blackrock Corporate High Yield Fund

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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