PGIM High Yield Bond Fund, Inc. (NYSE:ISD) Shares Bought by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its position in PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 8.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 630,031 shares of the company’s stock after buying an additional 48,558 shares during the quarter. Commonwealth Equity Services LLC’s holdings in PGIM High Yield Bond Fund were worth $8,619,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Concurrent Investment Advisors LLC lifted its holdings in PGIM High Yield Bond Fund by 14.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 21,808 shares of the company’s stock valued at $298,000 after acquiring an additional 2,731 shares during the last quarter. FSA Wealth Management LLC acquired a new stake in PGIM High Yield Bond Fund during the third quarter valued at approximately $68,000. IHT Wealth Management LLC boosted its holdings in PGIM High Yield Bond Fund by 67.8% during the third quarter. IHT Wealth Management LLC now owns 17,916 shares of the company’s stock worth $250,000 after buying an additional 7,240 shares in the last quarter. Aviance Capital Partners LLC grew its position in PGIM High Yield Bond Fund by 17.3% in the fourth quarter. Aviance Capital Partners LLC now owns 49,978 shares of the company’s stock worth $684,000 after buying an additional 7,358 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in shares of PGIM High Yield Bond Fund in the third quarter valued at $322,000.

PGIM High Yield Bond Fund Trading Up 1.1 %

Shares of NYSE:ISD opened at $14.19 on Thursday. The stock has a fifty day moving average of $14.01 and a 200-day moving average of $13.94. PGIM High Yield Bond Fund, Inc. has a one year low of $12.21 and a one year high of $14.49.

PGIM High Yield Bond Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.105 per share. This represents a dividend yield of 9.08%. The ex-dividend date of this dividend is Thursday, March 13th.

PGIM High Yield Bond Fund Company Profile

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).