Fiera Capital Corp Sells 2,478 Shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Fiera Capital Corp lessened its position in PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 4.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 59,286 shares of the company’s stock after selling 2,478 shares during the quarter. Fiera Capital Corp’s holdings in PGIM High Yield Bond Fund were worth $826,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers increased its stake in PGIM High Yield Bond Fund by 169.3% in the 1st quarter. Cetera Investment Advisers now owns 158,777 shares of the company’s stock valued at $2,063,000 after buying an additional 99,821 shares during the last quarter. Cetera Advisors LLC boosted its position in PGIM High Yield Bond Fund by 5.5% during the first quarter. Cetera Advisors LLC now owns 76,416 shares of the company’s stock valued at $993,000 after purchasing an additional 3,996 shares during the last quarter. Clean Yield Group acquired a new position in PGIM High Yield Bond Fund during the first quarter valued at approximately $26,000. SteelPeak Wealth LLC grew its stake in PGIM High Yield Bond Fund by 117.4% in the second quarter. SteelPeak Wealth LLC now owns 487,696 shares of the company’s stock valued at $6,282,000 after purchasing an additional 263,316 shares in the last quarter. Finally, Raymond James & Associates increased its position in shares of PGIM High Yield Bond Fund by 35.2% during the 2nd quarter. Raymond James & Associates now owns 436,727 shares of the company’s stock worth $5,625,000 after purchasing an additional 113,585 shares during the last quarter.

PGIM High Yield Bond Fund Price Performance

NYSE ISD opened at $14.34 on Monday. PGIM High Yield Bond Fund, Inc. has a 12 month low of $11.42 and a 12 month high of $14.35. The stock has a 50 day moving average of $13.94 and a 200-day moving average of $13.35.

PGIM High Yield Bond Fund Dividend Announcement

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

About PGIM High Yield Bond Fund

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).