HUB Investment Partners LLC Acquires 142,507 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

HUB Investment Partners LLC lifted its holdings in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 561.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 167,871 shares of the investment management company’s stock after purchasing an additional 142,507 shares during the quarter. HUB Investment Partners LLC’s holdings in BlackRock Corporate High Yield Fund were worth $1,647,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in HYT. Prospera Financial Services Inc increased its holdings in shares of BlackRock Corporate High Yield Fund by 12.9% during the third quarter. Prospera Financial Services Inc now owns 22,264 shares of the investment management company’s stock worth $224,000 after purchasing an additional 2,547 shares during the period. Cornerstone Advisors LLC bought a new position in shares of BlackRock Corporate High Yield Fund during the third quarter worth approximately $628,000. Creekside Partners increased its holdings in shares of BlackRock Corporate High Yield Fund by 17.1% during the third quarter. Creekside Partners now owns 70,969 shares of the investment management company’s stock worth $714,000 after purchasing an additional 10,381 shares during the period. Covenant Asset Management LLC increased its holdings in shares of BlackRock Corporate High Yield Fund by 2.3% during the third quarter. Covenant Asset Management LLC now owns 158,900 shares of the investment management company’s stock worth $1,599,000 after purchasing an additional 3,513 shares during the period. Finally, Walleye Capital LLC increased its holdings in shares of BlackRock Corporate High Yield Fund by 82.4% during the third quarter. Walleye Capital LLC now owns 35,373 shares of the investment management company’s stock worth $356,000 after purchasing an additional 15,981 shares during the period.

BlackRock Corporate High Yield Fund Stock Down 0.2 %

Shares of HYT opened at $9.59 on Friday. BlackRock Corporate High Yield Fund, Inc. has a 12 month low of $9.21 and a 12 month high of $10.16. The firm’s 50 day moving average is $9.80 and its 200-day moving average is $9.87.

BlackRock Corporate High Yield Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.0779 dividend. The ex-dividend date is Friday, March 14th. This represents a $0.93 dividend on an annualized basis and a yield of 9.75%.

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.