Blackrock Corporate High Yield Fund Inc (HYT) Shares Sold by Morgan Stanley

Morgan Stanley cut its position in Blackrock Corporate High Yield Fund Inc (NYSE:HYT) by 1.5% during the third quarter, Holdings Channel reports. The fund owned 3,836,184 shares of the investment management company’s stock after selling 57,359 shares during the period. Morgan Stanley’s holdings in Blackrock Corporate High Yield Fund were worth $40,318,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. BB&T Securities LLC bought a new position in Blackrock Corporate High Yield Fund during the second quarter worth about $156,000. Raymond James & Associates boosted its position in Blackrock Corporate High Yield Fund by 27.4% during the second quarter. Raymond James & Associates now owns 34,295 shares of the investment management company’s stock worth $359,000 after purchasing an additional 7,373 shares during the period. Bramshill Investments LLC lifted its holdings in shares of Blackrock Corporate High Yield Fund by 13.1% in the second quarter. Bramshill Investments LLC now owns 348,493 shares of the investment management company’s stock worth $3,645,000 after buying an additional 40,435 shares in the last quarter. Cornerstone Wealth Management LLC lifted its holdings in shares of Blackrock Corporate High Yield Fund by 20.3% in the third quarter. Cornerstone Wealth Management LLC now owns 135,441 shares of the investment management company’s stock worth $11,860,000 after buying an additional 22,828 shares in the last quarter. Finally, Brave Asset Management Inc. lifted its holdings in shares of Blackrock Corporate High Yield Fund by 36.1% in the third quarter. Brave Asset Management Inc. now owns 24,700 shares of the investment management company’s stock worth $260,000 after buying an additional 6,550 shares in the last quarter.

Shares of Blackrock Corporate High Yield Fund stock opened at $9.83 on Friday. Blackrock Corporate High Yield Fund Inc has a 12-month low of $8.95 and a 12-month high of $11.07.

The company also recently declared a monthly dividend, which was paid on Wednesday, January 9th. Stockholders of record on Monday, December 31st were issued a $0.072 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 8.79%. The ex-dividend date of this dividend was Friday, December 28th.

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About Blackrock Corporate High Yield Fund

There is no company description available for BlackRock Corporate High Yield Fund, Inc

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

Want to see what other hedge funds are holding HYT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock Corporate High Yield Fund Inc (NYSE:HYT).

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

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