BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) Shares Purchased by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. boosted its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 19.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,700 shares of the investment management company’s stock after acquiring an additional 6,100 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in BlackRock Corporate High Yield Fund were worth $360,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new position in BlackRock Corporate High Yield Fund in the fourth quarter valued at approximately $1,575,000. Steward Partners Investment Advisory LLC raised its position in BlackRock Corporate High Yield Fund by 358.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 196,846 shares of the investment management company’s stock valued at $1,931,000 after purchasing an additional 153,940 shares during the period. Kovack Advisors Inc. raised its position in BlackRock Corporate High Yield Fund by 16.5% in the fourth quarter. Kovack Advisors Inc. now owns 58,510 shares of the investment management company’s stock valued at $574,000 after purchasing an additional 8,300 shares during the period. Whipplewood Advisors LLC purchased a new stake in BlackRock Corporate High Yield Fund in the fourth quarter valued at approximately $2,325,000. Finally, Private Advisor Group LLC raised its position in BlackRock Corporate High Yield Fund by 8.6% in the fourth quarter. Private Advisor Group LLC now owns 272,142 shares of the investment management company’s stock valued at $2,670,000 after purchasing an additional 21,639 shares during the period.

BlackRock Corporate High Yield Fund Price Performance

Shares of NYSE HYT opened at $9.84 on Friday. BlackRock Corporate High Yield Fund, Inc. has a 52-week low of $9.21 and a 52-week high of $10.16. The business’s 50 day moving average is $9.83 and its two-hundred day moving average is $9.88.

BlackRock Corporate High Yield Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.0779 dividend. This represents a $0.93 dividend on an annualized basis and a yield of 9.50%. The ex-dividend date of this dividend is Friday, March 14th.

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.