Stonebrook Private Inc. Purchases Shares of 12,173 PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Stonebrook Private Inc. acquired a new position in shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 12,173 shares of the company’s stock, valued at approximately $150,000.

A number of other large investors have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. raised its stake in PGIM High Yield Bond Fund by 1.1% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 117,440 shares of the company’s stock valued at $1,447,000 after buying an additional 1,326 shares in the last quarter. Stolper Co raised its position in shares of PGIM High Yield Bond Fund by 4.7% during the 4th quarter. Stolper Co now owns 33,918 shares of the company’s stock worth $418,000 after acquiring an additional 1,524 shares in the last quarter. Wolverine Asset Management LLC purchased a new stake in PGIM High Yield Bond Fund during the fourth quarter worth approximately $82,000. Raymond James & Associates boosted its holdings in PGIM High Yield Bond Fund by 3.3% in the third quarter. Raymond James & Associates now owns 292,297 shares of the company’s stock valued at $3,443,000 after purchasing an additional 9,460 shares in the last quarter. Finally, UBS Group AG increased its stake in PGIM High Yield Bond Fund by 13.4% in the third quarter. UBS Group AG now owns 177,154 shares of the company’s stock valued at $2,087,000 after purchasing an additional 20,956 shares during the last quarter.

PGIM High Yield Bond Fund Stock Performance

Shares of NYSE:ISD opened at $12.52 on Tuesday. The firm has a 50 day simple moving average of $12.76 and a 200-day simple moving average of $12.35. PGIM High Yield Bond Fund, Inc. has a twelve month low of $10.98 and a twelve month high of $13.16.

PGIM High Yield Bond Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a $0.105 dividend. The ex-dividend date was Thursday, March 14th. This represents a yield of 9.6%.

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).