PGIM High Yield Bond Fund, Inc. (NYSE:ISD) Stock Position Raised by SteelPeak Wealth LLC

SteelPeak Wealth LLC boosted its holdings in PGIM High Yield Bond Fund, Inc. (NYSE:ISDFree Report) by 7.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 698,968 shares of the company’s stock after acquiring an additional 45,878 shares during the period. SteelPeak Wealth LLC’s holdings in PGIM High Yield Bond Fund were worth $9,635,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ISD. Cetera Investment Advisers raised its position in shares of 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 purchasing an additional 13,116 shares during the period. Sanctuary Advisors LLC acquired a new stake in PGIM High Yield Bond Fund in the second quarter worth $258,000. Raymond James & Associates increased its position in PGIM High Yield Bond Fund by 4.1% in the third quarter. Raymond James & Associates now owns 454,752 shares of the company’s stock worth $6,339,000 after buying an additional 18,025 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of PGIM High Yield Bond Fund by 1,294.0% during the third quarter. International Assets Investment Management LLC now owns 241,594 shares of the company’s stock valued at $3,368,000 after acquiring an additional 224,263 shares during the period. Finally, Activest Wealth Management grew its position in shares of PGIM High Yield Bond Fund by 167.6% during the third quarter. Activest Wealth Management now owns 46,803 shares of the company’s stock worth $652,000 after acquiring an additional 29,314 shares during the last quarter.

PGIM High Yield Bond Fund Stock Down 0.6 %

ISD stock opened at $13.84 on Wednesday. The firm’s 50-day simple moving average is $13.86 and its 200 day simple moving average is $13.79. PGIM High Yield Bond Fund, Inc. has a fifty-two week low of $12.20 and a fifty-two week high of $14.43.

PGIM High Yield Bond Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.105 dividend. The ex-dividend date was Thursday, December 12th. This represents a dividend yield of 8.87%.

PGIM High Yield Bond Fund Company Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding ISD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PGIM High Yield Bond Fund, Inc. (NYSE:ISDFree Report).

Institutional Ownership by Quarter for PGIM High Yield Bond Fund (NYSE:ISD)

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