RDA Financial Network Has $1.67 Million Stock Holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

RDA Financial Network lifted its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 0.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 165,659 shares of the investment management company’s stock after purchasing an additional 1,325 shares during the quarter. RDA Financial Network’s holdings in BlackRock Corporate High Yield Fund were worth $1,667,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HYT. B. Riley Wealth Advisors Inc. bought a new stake in BlackRock Corporate High Yield Fund in the 4th quarter valued at approximately $97,000. Nomura Holdings Inc. bought a new stake in BlackRock Corporate High Yield Fund in the 4th quarter valued at approximately $207,000. Brookstone Capital Management bought a new stake in shares of BlackRock Corporate High Yield Fund during the 1st quarter worth approximately $153,000. Cornerstone Wealth Group LLC bought a new stake in shares of BlackRock Corporate High Yield Fund during the 1st quarter worth approximately $132,000. Finally, Lake Street Private Wealth LLC raised its stake in shares of BlackRock Corporate High Yield Fund by 22.9% during the 1st quarter. Lake Street Private Wealth LLC now owns 401,550 shares of the investment management company’s stock worth $3,931,000 after purchasing an additional 74,700 shares in the last quarter.

BlackRock Corporate High Yield Fund Trading Up 0.7 %

Shares of BlackRock Corporate High Yield Fund stock traded up $0.07 on Tuesday, reaching $9.95. 330,477 shares of the company were exchanged, compared to its average volume of 425,679. BlackRock Corporate High Yield Fund, Inc. has a one year low of $8.18 and a one year high of $10.16. The company has a 50-day moving average of $9.93 and a 200 day moving average of $9.79.

BlackRock Corporate High Yield Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a dividend of $0.0779 per share. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.39%. The ex-dividend date is Tuesday, October 15th.

BlackRock Corporate High Yield Fund Company Profile

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.