Focused Wealth Management Inc buys $2.6 Million stake in Blackrock Corporate High Yield Fund Inc (HYT)

Blackrock Corporate High Yield Fund Inc (HYT) : Focused Wealth Management Inc scooped up 172,092 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 11, 2016. The investment management firm now holds a total of 258,507 shares of Blackrock Corporate High Yield Fund Inc which is valued at $2.6 Million.Blackrock Corporate High Yield Fund Inc makes up approximately 1.46% of Focused Wealth Management Inc’s portfolio.

Other Hedge Funds, Including , Sunbelt Securities added HYT to its portfolio by purchasing 5,561 company shares during the most recent quarter which is valued at $56,778. Blackrock Corporate High Yield Fund Inc makes up approx 0.07% of Sunbelt Securities’s portfolio.Neuberger Berman Group boosted its stake in HYT in the latest quarter, The investment management firm added 2,981 additional shares and now holds a total of 21,331 shares of Blackrock Corporate High Yield Fund Inc which is valued at $218,216.Cambridge Investment Research Advisors reduced its stake in HYT by selling 10,219 shares or 26.24% in the most recent quarter. The Hedge Fund company now holds 28,720 shares of HYT which is valued at $293,806. Blackrock Corporate High Yield Fund Inc makes up approx 0.01% of Cambridge Investment Research Advisors’s portfolio.Ifp Advisors Inc reduced its stake in HYT by selling 888 shares or 5.22% in the most recent quarter. The Hedge Fund company now holds 16,126 shares of HYT which is valued at $164,969. Blackrock Corporate High Yield Fund Inc makes up approx 0.01% of Ifp Advisors Inc’s portfolio.

Blackrock Corporate High Yield Fund Inc closed down -0.01 points or -0.10% at $10.2 with 3,36,379 shares getting traded on Monday. Post opening the session at $10.21, the shares hit an intraday low of $10.17 and an intraday high of $10.23 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

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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