Creekside Partners Grows Stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Creekside Partners increased its position in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 17.1% in the third quarter, HoldingsChannel reports. The firm owned 70,969 shares of the investment management company’s stock after purchasing an additional 10,381 shares during the quarter. Creekside Partners’ holdings in BlackRock Corporate High Yield Fund were worth $714,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Pathway Financial Advisers LLC increased its holdings in shares of BlackRock Corporate High Yield Fund by 950.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 1,876,286 shares of the investment management company’s stock worth $187,000 after purchasing an additional 1,697,620 shares in the last quarter. Lake Street Private Wealth LLC lifted its position in BlackRock Corporate High Yield Fund by 0.9% during the third quarter. Lake Street Private Wealth LLC now owns 438,300 shares of the investment management company’s stock valued at $4,409,000 after purchasing an additional 3,800 shares in the last quarter. International Assets Investment Management LLC purchased a new position in BlackRock Corporate High Yield Fund during the third quarter valued at $33,316,000. Cetera Investment Advisers lifted its position in BlackRock Corporate High Yield Fund by 2.7% during the second quarter. Cetera Investment Advisers now owns 269,937 shares of the investment management company’s stock valued at $2,616,000 after purchasing an additional 7,164 shares in the last quarter. Finally, Private Advisor Group LLC lifted its position in BlackRock Corporate High Yield Fund by 6.6% during the third quarter. Private Advisor Group LLC now owns 250,503 shares of the investment management company’s stock valued at $2,520,000 after purchasing an additional 15,533 shares in the last quarter.

BlackRock Corporate High Yield Fund Trading Down 0.5 %

NYSE HYT opened at $9.83 on Thursday. The business’s fifty day moving average is $9.94 and its 200 day moving average is $9.84. BlackRock Corporate High Yield Fund, Inc. has a fifty-two week low of $8.55 and a fifty-two week high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be given a $0.0779 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.93 annualized dividend and a dividend yield of 9.51%.

About BlackRock Corporate High Yield Fund

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.