Arlington Capital Management adds Blackrock Corporate High Yield Fund Inc (HYT) to its portfolio

Blackrock Corporate High Yield Fund Inc (HYT) : Arlington Capital Management added new position in Blackrock Corporate High Yield Fund Inc during the most recent quarter end. The investment management firm now holds 90,601 shares of Blackrock Corporate High Yield Fund Inc which is valued at $963,995 , the company said in a statement filed on Aug 2, 2016 with the SEC.Blackrock Corporate High Yield Fund Inc makes up approximately 0.50% of Arlington Capital Management’s portfolio.

Other Hedge Funds, Including , Ifc Holdings Incorporatedfl boosted its stake in HYT in the latest quarter, The investment management firm added 822 additional shares and now holds a total of 24,094 shares of Blackrock Corporate High Yield Fund Inc which is valued at $256,360. Blackrock Corporate High Yield Fund Inc makes up approx 0.03% of Ifc Holdings Incorporatedfl’s portfolio. Whittier Trust Co added HYT to its portfolio by purchasing 1,406 company shares during the most recent quarter which is valued at $15,129.Capital Investment Advisors reduced its stake in HYT by selling 58,578 shares or 5.94% in the most recent quarter. The Hedge Fund company now holds 927,276 shares of HYT which is valued at $10,042,399. Blackrock Corporate High Yield Fund Inc makes up approx 0.92% of Capital Investment Advisors’s portfolio. Eagle Asset Management Inc sold out all of its stake in HYT during the most recent quarter. The investment firm sold 331,253 shares of HYT which is valued $3,574,220.Raymond James Trust N.a. reduced its stake in HYT by selling 2,971 shares or 10.56% in the most recent quarter. The Hedge Fund company now holds 25,166 shares of HYT which is valued at $268,270. Blackrock Corporate High Yield Fund Inc makes up approx 0.02% of Raymond James Trust N.a.’s portfolio.

Blackrock Corporate High Yield Fund Inc opened for trading at $10.79 and hit $10.84 on the upside on Monday, eventually ending the session at $10.8, with a gain of 0.09% or 0.01 points. The heightened volatility saw the trading volume jump to 3,32,789 shares. Company has a market cap of $397 M.

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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