Cls Investments buys $2,885,693 stake in Blackrock Corporate High Yield Fund Inc (HYT)

Blackrock Corporate High Yield Fund Inc (HYT) : Cls Investments scooped up 24,214 additional shares in Blackrock Corporate High Yield Fund Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 9, 2016. The investment management firm now holds a total of 282,634 shares of Blackrock Corporate High Yield Fund Inc which is valued at $2,885,693.Blackrock Corporate High Yield Fund Inc makes up approximately 0.12% of Cls Investments’s portfolio.

Other Hedge Funds, Including , Yorktown Management Research Co Inc boosted its stake in HYT in the latest quarter, The investment management firm added 60,000 additional shares and now holds a total of 435,000 shares of Blackrock Corporate High Yield Fund Inc which is valued at $4,450,050. Blackrock Corporate High Yield Fund Inc makes up approx 0.86% of Yorktown Management Research Co Inc’s portfolio.State Of Wisconsin Investment Board boosted its stake in HYT in the latest quarter, The investment management firm added 42,500 additional shares and now holds a total of 63,000 shares of Blackrock Corporate High Yield Fund Inc which is valued at $644,490.Sii Investments Incwi boosted its stake in HYT in the latest quarter, The investment management firm added 18,441 additional shares and now holds a total of 42,666 shares of Blackrock Corporate High Yield Fund Inc which is valued at $438,606. Blackrock Corporate High Yield Fund Inc makes up approx 0.04% of Sii Investments Incwi’s portfolio. Hl Financial Services sold out all of its stake in HYT during the most recent quarter. The investment firm sold 10,587 shares of HYT which is valued $108,834.

Blackrock Corporate High Yield Fund Inc (HYT) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $10.21 and reached the intraday high at $10.23. The bulls started the profit booking and pushed the shares to intraday low of $10.16. The trading session was marked by a volume range of 1,72,340 shares exchanging hands. The 52-week high of the shares is $11.39 and the 52-week low is $9.125. The market cap of the company stands at $376 M and there are 3,68,00,000 shares in public circulation.

BlackRock Corporate High Yield Fund Inc (the Trust) is a 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 under normal market conditions at least 80% of its assets in domestic and foreign high yield securities including high yield bonds corporate loans convertible debt securities and preferred securities which are below investment grade quality. The Trust may invest directly in such securities or synthetically through the use of derivatives. BlackRock Advisors LLC is the manager of the Trust.

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