Hoylecohen LLC Sells 11,412 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Hoylecohen LLC decreased its position in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYTFree Report) by 43.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,943 shares of the investment management company’s stock after selling 11,412 shares during the period. Hoylecohen LLC’s holdings in BlackRock Corporate High Yield Fund were worth $141,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Huntington National Bank purchased a new stake in shares of BlackRock Corporate High Yield Fund during the third quarter valued at $26,000. Activest Wealth Management purchased a new stake in BlackRock Corporate High Yield Fund in the fourth quarter valued at approximately $30,000. McGlone Suttner Wealth Management Inc. acquired a new position in BlackRock Corporate High Yield Fund in the 4th quarter worth approximately $82,000. Camelot Portfolios LLC purchased a new position in BlackRock Corporate High Yield Fund during the 4th quarter worth approximately $106,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in BlackRock Corporate High Yield Fund during the 3rd quarter valued at approximately $102,000.

BlackRock Corporate High Yield Fund Stock Up 0.1 %

Shares of NYSE:HYT traded up $0.01 during midday trading on Friday, reaching $9.72. The company’s stock had a trading volume of 151,245 shares, compared to its average volume of 421,822. The stock has a fifty day moving average of $9.71 and a 200 day moving average of $9.48. BlackRock Corporate High Yield Fund, Inc. has a twelve month low of $8.18 and a twelve month high of $9.96.

BlackRock Corporate High Yield Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.0779 per share. The ex-dividend date is Tuesday, May 14th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.62%.

About BlackRock Corporate High Yield Fund

(Free Report)

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.

See Also

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

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