Parametric Portfolio Associates LLC Purchases 193,026 Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT)

Parametric Portfolio Associates LLC grew its holdings in BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) by 15.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,411,998 shares of the investment management company’s stock after purchasing an additional 193,026 shares during the period. Parametric Portfolio Associates LLC owned approximately 1.12% of BlackRock Corporate High Yield Fund worth $15,956,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of BlackRock Corporate High Yield Fund by 1.9% in the third quarter. JPMorgan Chase & Co. now owns 3,155,811 shares of the investment management company’s stock valued at $35,440,000 after purchasing an additional 58,578 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of BlackRock Corporate High Yield Fund by 31.6% in the third quarter. Wells Fargo & Company MN now owns 1,355,190 shares of the investment management company’s stock valued at $15,313,000 after purchasing an additional 325,728 shares in the last quarter. Vident Investment Advisory LLC lifted its holdings in shares of BlackRock Corporate High Yield Fund by 9.6% in the third quarter. Vident Investment Advisory LLC now owns 728,860 shares of the investment management company’s stock valued at $8,236,000 after purchasing an additional 63,990 shares in the last quarter. CLS Investments LLC lifted its holdings in shares of BlackRock Corporate High Yield Fund by 11.3% in the third quarter. CLS Investments LLC now owns 353,346 shares of the investment management company’s stock valued at $3,993,000 after purchasing an additional 35,948 shares in the last quarter. Finally, Robinson Capital Management LLC lifted its holdings in shares of BlackRock Corporate High Yield Fund by 41.9% in the second quarter. Robinson Capital Management LLC now owns 253,919 shares of the investment management company’s stock valued at $2,783,000 after purchasing an additional 75,000 shares in the last quarter.

Shares of BlackRock Corporate High Yield Fund, Inc. (NYSE HYT) opened at $10.98 on Friday. BlackRock Corporate High Yield Fund, Inc. has a 1-year low of $10.60 and a 1-year high of $11.47.

The firm also recently announced a monthly dividend, which was paid on Tuesday, January 9th. Stockholders of record on Friday, December 29th were issued a $0.07 dividend. The ex-dividend date was Thursday, December 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 7.65%.

In other BlackRock Corporate High Yield Fund news, Director Catherine A. Lynch bought 4,826 shares of BlackRock Corporate High Yield Fund stock in a transaction dated Tuesday, December 26th. The stock was bought at an average price of $10.98 per share, for a total transaction of $52,989.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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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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