Raymond James Financial Services Advisors Inc. trimmed its stake in shares of Blackrock Corporate High Yield Fund Inc (NYSE:HYT) by 6.1% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 30,722 shares of the investment management company’s stock after selling 1,988 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Blackrock Corporate High Yield Fund were worth $337,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in HYT. Blue Chip Partners Inc. bought a new stake in shares of Blackrock Corporate High Yield Fund during the 2nd quarter valued at $102,000. Bessemer Group Inc. raised its stake in shares of Blackrock Corporate High Yield Fund by 0.6% during the 2nd quarter. Bessemer Group Inc. now owns 11,669 shares of the investment management company’s stock valued at $128,000 after purchasing an additional 73 shares during the period. Sigma Planning Corp raised its stake in shares of Blackrock Corporate High Yield Fund by 4.1% during the 2nd quarter. Sigma Planning Corp now owns 12,254 shares of the investment management company’s stock valued at $134,000 after purchasing an additional 482 shares during the period. Ares Management LLC bought a new stake in shares of Blackrock Corporate High Yield Fund during the 2nd quarter valued at $164,000. Finally, PNC Financial Services Group Inc. increased its stake in Blackrock Corporate High Yield Fund by 8.2% in the 2nd quarter. PNC Financial Services Group Inc. now owns 15,561 shares of the investment management company’s stock worth $170,000 after acquiring an additional 1,176 shares during the last quarter.

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Blackrock Corporate High Yield Fund Inc (NYSE:HYT) opened at $11.14 on Wednesday. Blackrock Corporate High Yield Fund Inc has a one year low of $9.86 and a one year high of $11.47.

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be paid a $0.07 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.84 dividend on an annualized basis and a yield of 7.54%.

About Blackrock Corporate High Yield Fund

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.

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

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