PFG Investments LLC Sells 88,430 Shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY)

PFG Investments LLC trimmed its position in shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) by 79.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,630 shares of the real estate investment trust’s stock after selling 88,430 shares during the quarter. PFG Investments LLC’s holdings in Credit Suisse High Yield Bond Fund were worth $48,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Park Avenue Securities LLC lifted its position in Credit Suisse High Yield Bond Fund by 5.3% during the 4th quarter. Park Avenue Securities LLC now owns 486,464 shares of the real estate investment trust’s stock valued at $1,041,000 after acquiring an additional 24,667 shares during the period. D.A. Davidson & CO. purchased a new position in shares of Credit Suisse High Yield Bond Fund during the third quarter valued at approximately $39,000. Truist Financial Corp bought a new stake in shares of Credit Suisse High Yield Bond Fund in the 2nd quarter worth approximately $25,000. Finally, Integrated Advisors Network LLC bought a new position in Credit Suisse High Yield Bond Fund during the 3rd quarter valued at approximately $27,000.

Credit Suisse High Yield Bond Fund Stock Up 1.4 %

Shares of NYSEAMERICAN:DHY opened at $2.14 on Friday. Credit Suisse High Yield Bond Fund, Inc. has a 12-month low of $1.93 and a 12-month high of $2.27.

Credit Suisse High Yield Bond Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 24th. Investors of record on Thursday, January 16th were issued a dividend of $0.0155 per share. The ex-dividend date was Thursday, January 16th. This represents a $0.19 dividend on an annualized basis and a yield of 8.69%.

Insider Buying and Selling at Credit Suisse High Yield Bond Fund

In related news, insider Laura A. Defelice bought 56,801 shares of the company’s stock in a transaction on Tuesday, January 21st. The shares were acquired at an average price of $2.13 per share, with a total value of $120,986.13. Following the transaction, the insider now owns 66,653 shares of the company’s stock, valued at $141,970.89. The trade was a 576.54 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 14.35% of the stock is owned by corporate insiders.

Credit Suisse High Yield Bond Fund Profile

Credit Suisse High Yield Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years.