Advisors Asset Management Inc. Has $3.75 Million Position in PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Advisors Asset Management Inc. decreased its holdings in shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 22.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 268,819 shares of the company’s stock after selling 76,096 shares during the period. Advisors Asset Management Inc.’s holdings in PGIM High Yield Bond Fund were worth $3,747,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. SteelPeak Wealth LLC grew its stake in shares of PGIM High Yield Bond Fund by 33.9% during the third quarter. SteelPeak Wealth LLC now owns 653,090 shares of the company’s stock worth $9,104,000 after purchasing an additional 165,394 shares during the period. International Assets Investment Management LLC grew its position in shares of PGIM High Yield Bond Fund by 1,294.0% during the 3rd quarter. International Assets Investment Management LLC now owns 241,594 shares of the company’s stock worth $3,368,000 after buying an additional 224,263 shares during the period. Raymond James & Associates increased its stake in shares of PGIM High Yield Bond Fund by 4.1% in the 3rd quarter. Raymond James & Associates now owns 454,752 shares of the company’s stock valued at $6,339,000 after acquiring an additional 18,025 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of PGIM High Yield Bond Fund in the 2nd quarter valued at approximately $258,000. Finally, Cetera Investment Advisers boosted its stake in PGIM High Yield Bond Fund by 8.3% during the 2nd quarter. Cetera Investment Advisers now owns 171,893 shares of the company’s stock worth $2,214,000 after acquiring an additional 13,116 shares during the last quarter.

PGIM High Yield Bond Fund Stock Up 0.1 %

Shares of NYSE:ISD opened at $13.88 on Friday. The company has a 50 day moving average price of $13.91 and a two-hundred day moving average price of $13.41. PGIM High Yield Bond Fund, Inc. has a 52 week low of $11.81 and a 52 week high of $14.43.

PGIM High Yield Bond Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a dividend of $0.105 per share. This represents a yield of 9.09%. The ex-dividend date of this dividend was Thursday, September 12th.

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).