Cetera Investment Advisers Sells 79,301 Shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY)

Cetera Investment Advisers cut its holdings in shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) by 70.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,608 shares of the real estate investment trust’s stock after selling 79,301 shares during the quarter. Cetera Investment Advisers’ holdings in Credit Suisse High Yield Bond Fund were worth $72,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in shares of Credit Suisse High Yield Bond Fund in the 4th quarter valued at about $197,000. LPL Financial LLC raised its holdings in shares of Credit Suisse High Yield Bond Fund by 10.0% in the 4th quarter. LPL Financial LLC now owns 811,454 shares of the real estate investment trust’s stock valued at $1,737,000 after purchasing an additional 73,600 shares during the period. Apollon Wealth Management LLC bought a new stake in shares of Credit Suisse High Yield Bond Fund in the 4th quarter valued at about $92,000. Avantax Advisory Services Inc. bought a new stake in shares of Credit Suisse High Yield Bond Fund in the 4th quarter valued at about $50,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Credit Suisse High Yield Bond Fund in the 4th quarter valued at about $26,000.

Credit Suisse High Yield Bond Fund Stock Down 0.5%

Shares of DHY stock opened at $2.04 on Tuesday. Credit Suisse High Yield Bond Fund, Inc. has a 52-week low of $1.82 and a 52-week high of $2.27. The firm’s 50-day moving average is $2.02 and its 200-day moving average is $2.10.

Credit Suisse High Yield Bond Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 15th were issued a $0.0155 dividend. The ex-dividend date was Thursday, May 15th. This represents a $0.19 annualized dividend and a yield of 9.12%.

About Credit Suisse High Yield Bond Fund

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.