International Assets Investment Management LLC Buys 1,625 Shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

International Assets Investment Management LLC grew its stake in shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 10.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,331 shares of the company’s stock after buying an additional 1,625 shares during the quarter. International Assets Investment Management LLC’s holdings in PGIM High Yield Bond Fund were worth $223,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Robinson Capital Management LLC grew its stake in shares of PGIM High Yield Bond Fund by 6.4% during the fourth quarter. Robinson Capital Management LLC now owns 36,807 shares of the company’s stock worth $456,000 after buying an additional 2,208 shares during the last quarter. Cetera Advisors LLC grew its stake in shares of 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 worth $993,000 after buying an additional 3,996 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of PGIM High Yield Bond Fund by 210.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,025 shares of the company’s stock worth $124,000 after buying an additional 6,800 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of PGIM High Yield Bond Fund by 169.3% in the first quarter. Cetera Investment Advisers now owns 158,777 shares of the company’s stock worth $2,063,000 after purchasing an additional 99,821 shares during the last quarter. Finally, Principal Securities Inc. bought a new stake in shares of PGIM High Yield Bond Fund in the fourth quarter worth $33,000.

PGIM High Yield Bond Fund Price Performance

Shares of PGIM High Yield Bond Fund stock opened at $13.85 on Friday. PGIM High Yield Bond Fund, Inc. has a twelve month low of $10.98 and a twelve month high of $13.91. The company’s fifty day moving average is $13.34 and its 200 day moving average is $12.94.

PGIM High Yield Bond Fund Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a $0.105 dividend. The ex-dividend date was Thursday, June 13th. This represents a dividend yield of 9.91%.

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).