Carnegie Capital Asset Management LLC continued to hold its position in Blackrock Corporate High Yield Fund Inc (NYSE:HYT) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,928 shares of the investment management company’s stock at the close of the second quarter. Carnegie Capital Asset Management LLC’s holdings in Blackrock Corporate High Yield Fund were worth $157,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HYT. JPMorgan Chase & Co. raised its position in shares of Blackrock Corporate High Yield Fund by 1.9% in the second quarter. JPMorgan Chase & Co. now owns 3,097,233 shares of the investment management company’s stock worth $33,946,000 after acquiring an additional 57,692 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Blackrock Corporate High Yield Fund by 9.9% during the 2nd quarter. Wells Fargo & Company MN now owns 1,029,462 shares of the investment management company’s stock worth $11,283,000 after acquiring an additional 92,575 shares in the last quarter. CLS Investments LLC boosted its stake in shares of Blackrock Corporate High Yield Fund by 21.6% during the 2nd quarter. CLS Investments LLC now owns 317,398 shares of the investment management company’s stock worth $3,479,000 after acquiring an additional 56,291 shares in the last quarter. Citigroup Inc. boosted its stake in shares of Blackrock Corporate High Yield Fund by 70.8% during the 2nd quarter. Citigroup Inc. now owns 202,734 shares of the investment management company’s stock worth $2,222,000 after acquiring an additional 84,019 shares in the last quarter. Finally, Wedbush Securities Inc. boosted its stake in shares of Blackrock Corporate High Yield Fund by 14.8% during the 2nd quarter. Wedbush Securities Inc. now owns 129,928 shares of the investment management company’s stock worth $1,424,000 after acquiring an additional 16,796 shares in the last quarter.

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Shares of Blackrock Corporate High Yield Fund Inc (HYT) opened at 11.30 on Monday. Blackrock Corporate High Yield Fund Inc has a 1-year low of $9.86 and a 1-year high of $11.37. The stock’s 50 day moving average is $11.12 and its 200 day moving average is $11.06.

The firm also recently announced a monthly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a dividend of $0.07 per share. This represents a $0.84 annualized dividend and a yield of 7.43%. The ex-dividend date was Thursday, September 14th.

Blackrock Corporate High Yield Fund Profile

BlackRock Corporate High Yield Fund, Inc is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide shareholders with current income. The Trust’s secondary investment objective is to provide shareholders with capital appreciation. The Trust seeks to achieve its objectives by investing primarily in a diversified portfolio of fixed income securities, which are rated below investment grade or, if unrated, are considered by the investment advisor to be of comparable quality.

Institutional Ownership by Quarter for Blackrock Corporate High Yield Fund (NYSE:HYT)

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