Pathstone Holdings LLC Decreases Stock Holdings in PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Pathstone Holdings LLC lowered its position in PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 27.0% during the third quarter, HoldingsChannel.com reports. The fund owned 575,798 shares of the company’s stock after selling 212,609 shares during the quarter. Pathstone Holdings LLC’s holdings in PGIM High Yield Bond Fund were worth $8,027,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SteelPeak Wealth LLC grew its stake in PGIM High Yield Bond Fund by 117.4% in the 2nd quarter. SteelPeak Wealth LLC now owns 487,696 shares of the company’s stock valued at $6,282,000 after acquiring an additional 263,316 shares during the last quarter. International Assets Investment Management LLC raised 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 purchasing an additional 224,263 shares during the last quarter. Raymond James & Associates lifted its stake in PGIM High Yield Bond Fund by 35.2% in the 2nd quarter. Raymond James & Associates now owns 436,727 shares of the company’s stock valued at $5,625,000 after buying an additional 113,585 shares in the last quarter. Cetera Investment Advisers increased its position in PGIM High Yield Bond Fund by 169.3% during the first quarter. Cetera Investment Advisers now owns 158,777 shares of the company’s stock worth $2,063,000 after buying an additional 99,821 shares in the last quarter. Finally, Shaker Financial Services LLC raised its holdings in shares of PGIM High Yield Bond Fund by 28.6% in the second quarter. Shaker Financial Services LLC now owns 208,631 shares of the company’s stock worth $2,687,000 after acquiring an additional 46,451 shares during the last quarter.

PGIM High Yield Bond Fund Stock Up 0.2 %

ISD opened at $13.84 on Friday. The business’s fifty day simple moving average is $13.91 and its 200 day simple moving average is $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 company 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 dividend yield of 9.09%. The ex-dividend date was Thursday, September 12th.

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).