Activest Wealth Management Lowers Stake in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Activest Wealth Management lessened its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 2.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 197,516 shares of the investment management company’s stock after selling 4,296 shares during the quarter. BlackRock Corporate High Yield Fund comprises about 0.6% of Activest Wealth Management’s holdings, making the stock its 23rd biggest position. Activest Wealth Management’s holdings in BlackRock Corporate High Yield Fund were worth $1,987,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. International Assets Investment Management LLC acquired a new position in shares of BlackRock Corporate High Yield Fund during the third quarter valued at approximately $33,316,000. Simplicity Wealth LLC acquired a new position in BlackRock Corporate High Yield Fund in the 2nd quarter valued at $364,000. Cetera Advisors LLC lifted its holdings in BlackRock Corporate High Yield Fund by 30.0% in the 1st quarter. Cetera Advisors LLC now owns 130,683 shares of the investment management company’s stock valued at $1,279,000 after purchasing an additional 30,141 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in BlackRock Corporate High Yield Fund by 4.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 138,716 shares of the investment management company’s stock worth $1,395,000 after purchasing an additional 6,172 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of BlackRock Corporate High Yield Fund by 358.0% during the first quarter. Cetera Investment Advisers now owns 262,773 shares of the investment management company’s stock worth $2,573,000 after buying an additional 205,393 shares in the last quarter.

BlackRock Corporate High Yield Fund Price Performance

Shares of NYSE HYT traded down $0.05 during mid-day trading on Thursday, reaching $9.83. The company’s stock had a trading volume of 12,595 shares, compared to its average volume of 434,161. BlackRock Corporate High Yield Fund, Inc. has a 1-year low of $8.55 and a 1-year high of $10.16. The stock has a 50-day moving average of $9.93 and a two-hundred day moving average of $9.84.

BlackRock Corporate High Yield Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.0779 per share. This represents a $0.93 annualized dividend and a dividend yield of 9.51%. The ex-dividend date is Friday, November 15th.

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.