Mesirow Financial Investment Management Inc. Boosts Stock Holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Mesirow Financial Investment Management Inc. boosted its position in shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 19.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,700 shares of the investment management company’s stock after buying 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 quarter.

Other large investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its holdings in shares of BlackRock Corporate High Yield Fund by 2.6% during the 4th quarter. Geneos Wealth Management Inc. now owns 66,325 shares of the investment management company’s stock worth $651,000 after purchasing an additional 1,711 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of BlackRock Corporate High Yield Fund by 20.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 13,239 shares of the investment management company’s stock worth $131,000 after purchasing an additional 2,271 shares during the last quarter. Atria Wealth Solutions Inc. boosted its holdings in shares of BlackRock Corporate High Yield Fund by 4.0% during the 4th quarter. Atria Wealth Solutions Inc. now owns 65,055 shares of the investment management company’s stock worth $638,000 after purchasing an additional 2,530 shares during the last quarter. Robbins Farley boosted its holdings in shares of BlackRock Corporate High Yield Fund by 2.9% during the 4th quarter. Robbins Farley now owns 90,962 shares of the investment management company’s stock worth $892,000 after purchasing an additional 2,541 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in shares of BlackRock Corporate High Yield Fund by 12.9% during the 3rd 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 last quarter.

BlackRock Corporate High Yield Fund Stock Performance

Shares of BlackRock Corporate High Yield Fund stock opened at $9.84 on Friday. The stock’s 50 day simple moving average is $9.83 and its 200-day simple moving average is $9.88. BlackRock Corporate High Yield Fund, Inc. has a 1-year low of $9.21 and a 1-year high of $10.16.

BlackRock Corporate High Yield Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.0779 per share. This represents a $0.93 annualized dividend and a dividend yield of 9.50%. The ex-dividend date of this dividend is Friday, March 14th.

BlackRock Corporate High Yield Fund 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.