Sunbelt Securities Inc. Purchases New Position in Blackrock Corporate High Yield Fund Inc (HYT)

Sunbelt Securities Inc. purchased a new position in shares of Blackrock Corporate High Yield Fund Inc (NYSE:HYT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 13,942 shares of the investment management company’s stock, valued at approximately $158,000.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new position in Blackrock Corporate High Yield Fund during the 2nd quarter worth approximately $196,000. SG Americas Securities LLC grew its stake in Blackrock Corporate High Yield Fund by 210.3% during the 2nd quarter. SG Americas Securities LLC now owns 94,477 shares of the investment management company’s stock worth $1,035,000 after buying an additional 64,027 shares during the last quarter. NINE MASTS CAPITAL Ltd grew its stake in Blackrock Corporate High Yield Fund by 129.7% during the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 75,100 shares of the investment management company’s stock worth $823,000 after buying an additional 42,400 shares during the last quarter. CLS Investments LLC grew its stake in Blackrock Corporate High Yield Fund by 21.6% during the 2nd quarter. CLS Investments LLC now owns 317,398 shares of the investment management company’s stock worth $3,479,000 after buying an additional 56,291 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Blackrock Corporate High Yield Fund by 1.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,097,233 shares of the investment management company’s stock worth $33,946,000 after buying an additional 57,692 shares during the last quarter.

Blackrock Corporate High Yield Fund Inc (HYT) traded up $0.01 during trading hours on Friday, reaching $11.07. The company had a trading volume of 104,378 shares, compared to its average volume of 375,135. Blackrock Corporate High Yield Fund Inc has a 12-month low of $9.86 and a 12-month high of $11.47.

The company also recently declared a monthly dividend, which will be paid on Thursday, November 30th. Investors of record on Wednesday, November 15th will be paid a dividend of $0.07 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.84 dividend on an annualized basis and a yield of 7.59%.

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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.

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

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