J.W. Cole Advisors Inc. Buys 26,053 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

J.W. Cole Advisors Inc. boosted its stake in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 43.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,007 shares of the investment management company’s stock after buying an additional 26,053 shares during the period. J.W. Cole Advisors Inc.’s holdings in BlackRock Corporate High Yield Fund were worth $844,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Pathway Financial Advisers LLC increased its holdings in shares of BlackRock Corporate High Yield Fund by 950.2% during the third quarter. Pathway Financial Advisers LLC now owns 1,876,286 shares of the investment management company’s stock valued at $187,000 after acquiring an additional 1,697,620 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in BlackRock Corporate High Yield Fund during the 3rd quarter valued at about $33,316,000. MML Investors Services LLC increased its stake in BlackRock Corporate High Yield Fund by 42.7% during the 3rd quarter. MML Investors Services LLC now owns 250,496 shares of the investment management company’s stock valued at $2,520,000 after purchasing an additional 74,997 shares in the last quarter. HighTower Advisors LLC raised its holdings in BlackRock Corporate High Yield Fund by 80.1% in the third quarter. HighTower Advisors LLC now owns 143,237 shares of the investment management company’s stock worth $1,438,000 after buying an additional 63,720 shares during the last quarter. Finally, Cornerstone Advisors LLC bought a new position in shares of BlackRock Corporate High Yield Fund in the third quarter worth approximately $628,000.

BlackRock Corporate High Yield Fund Trading Down 1.1 %

NYSE:HYT opened at $9.80 on Wednesday. BlackRock Corporate High Yield Fund, Inc. has a 52 week low of $9.21 and a 52 week high of $10.16. The company’s 50 day moving average price is $9.83 and its 200-day moving average price is $9.88.

BlackRock Corporate High Yield Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.0779 dividend. This represents a $0.93 dividend on an annualized basis and a dividend yield of 9.54%. The ex-dividend date is Friday, February 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.