Blackrock Corporate High Yield Fund VI Inc Q4 2017 Institutional Investor Sentiment Better Than Expected

April 17, 2018 - By Marie Mckinney

Sentiment for Blackrock Corporate High Yield Fund VI Inc (NYSE:HYT)

Blackrock Corporate High Yield Fund VI Inc (NYSE:HYT) institutional sentiment increased to 1.6 in 2017 Q4. Its up 0.34, from 1.26 in 2017Q3. The ratio is more positive, as 56 investment managers started new or increased equity positions, while 35 cut down and sold their stock positions in Blackrock Corporate High Yield Fund VI Inc. The investment managers in our partner’s database now possess: 34.34 million shares, up from 34.22 million shares in 2017Q3. Also, the number of investment managers holding Blackrock Corporate High Yield Fund VI Inc in their top 10 equity positions increased from 2 to 3 for an increase of 1. Sold All: 9 Reduced: 26 Increased: 32 New Position: 24.

The stock increased 0.33% or $0.03 during the last trading session, reaching $10.65. About 286,695 shares traded. BlackRock Corporate High Yield Fund, Inc. (NYSE:HYT) has declined 2.50% since April 17, 2017 and is downtrending. It has underperformed by 14.05% the S&P500.

Oak Hill Advisors Lp holds 53.86% of its portfolio in BlackRock Corporate High Yield Fund, Inc. for 5.82 million shares. Arlington Capital Management Inc. owns 365,938 shares or 2.98% of their US portfolio. Moreover, New Vernon Investment Management Llc has 2.53% invested in the company for 221,638 shares. The Illinois-based Rivernorth Capital Management Llc has invested 2.46% in the stock. Focused Wealth Management Inc, a New York-based fund reported 529,941 shares.#img1#

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