Cetera Advisors LLC lifted its stake in PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Free Report) by 5.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 76,416 shares of the company’s stock after purchasing an additional 3,996 shares during the quarter. Cetera Advisors LLC’s holdings in PGIM High Yield Bond Fund were worth $993,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently bought and sold shares of the company. Principal Securities Inc. purchased a new stake in PGIM High Yield Bond Fund during the 4th quarter valued at $33,000. Wolverine Asset Management LLC bought a new stake in PGIM High Yield Bond Fund in the 4th quarter worth about $82,000. PNC Financial Services Group Inc. lifted its stake in PGIM High Yield Bond Fund by 210.9% during the 4th quarter. PNC Financial Services Group Inc. now owns 10,025 shares of the company’s stock valued at $124,000 after acquiring an additional 6,800 shares during the period. Nomura Holdings Inc. purchased a new stake in shares of PGIM High Yield Bond Fund during the 4th quarter valued at about $126,000. Finally, Flow State Investments L.P. bought a new stake in shares of PGIM High Yield Bond Fund in the fourth quarter worth approximately $131,000.
PGIM High Yield Bond Fund Stock Up 0.1 %
PGIM High Yield Bond Fund stock traded up $0.02 during midday trading on Friday, reaching $13.40. 87,813 shares of the company traded hands, compared to its average volume of 125,580. PGIM High Yield Bond Fund, Inc. has a 12 month low of $10.98 and a 12 month high of $13.57. The business has a 50 day moving average of $13.04 and a two-hundred day moving average of $12.83.
PGIM High Yield Bond Fund Dividend Announcement
The company also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were paid a $0.105 dividend. The ex-dividend date was Thursday, June 13th. This represents a dividend yield of 9.91%.
About PGIM High Yield Bond Fund
PGIM High Yield Bond Fund, Inc is a close ended fixed income mutual fund launched and managed by Prudential Investments LLC. The fund is co-managed by Prudential Investment Management, Inc It invests in the fixed income markets of the United States. The fund primarily invests in a diversified portfolio of high yield fixed income instruments that are rated below investment grade (Ba1 or lower by Moody’s Investors Service, Inc or BB+ or lower by Standard & Poor’s Ratings Services).
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