PGIM High Yield Bond Fund, Inc. (NYSE:ISD) Shares Purchased by IHT Wealth Management LLC

IHT Wealth Management LLC raised its position in PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 67.8% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 17,916 shares of the company’s stock after buying an additional 7,240 shares during the quarter. IHT Wealth Management LLC’s holdings in PGIM High Yield Bond Fund were worth $250,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. SteelPeak Wealth LLC increased 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 acquiring an additional 165,394 shares during the period. Commonwealth Equity Services LLC increased its position in PGIM High Yield Bond Fund by 3.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 544,628 shares of the company’s stock worth $7,015,000 after purchasing an additional 17,288 shares during the period. Raymond James & Associates increased its position in PGIM High Yield Bond Fund by 4.1% during the 3rd quarter. Raymond James & Associates now owns 454,752 shares of the company’s stock worth $6,339,000 after purchasing an additional 18,025 shares during the period. Penserra Capital Management LLC acquired a new position in PGIM High Yield Bond Fund during the 3rd quarter worth approximately $5,007,000. Finally, International Assets Investment Management LLC grew its holdings in 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 worth $3,368,000 after acquiring an additional 224,263 shares during the period.

PGIM High Yield Bond Fund Stock Down 0.1 %

Shares of ISD stock opened at $14.18 on Wednesday. The business’s fifty day moving average price is $13.94 and its 200 day moving average price is $13.54. PGIM High Yield Bond Fund, Inc. has a 1-year low of $12.10 and a 1-year high of $14.43.

PGIM High Yield Bond Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.105 per share. The ex-dividend date is Thursday, December 12th. This represents a dividend yield of 8.88%.

PGIM High Yield Bond Fund 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).