Wealth Enhancement Advisory Services LLC Invests $54,000 in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY)

Wealth Enhancement Advisory Services LLC purchased a new position in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 25,597 shares of the real estate investment trust’s stock, valued at approximately $54,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in 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 acquiring an additional 73,600 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Credit Suisse High Yield Bond Fund by 1.9% in the fourth quarter. Envestnet Asset Management Inc. now owns 524,766 shares of the real estate investment trust’s stock worth $1,123,000 after purchasing an additional 10,015 shares during the last quarter. Harbour Investments Inc. lifted its holdings in shares of Credit Suisse High Yield Bond Fund by 6.0% during the fourth quarter. Harbour Investments Inc. now owns 98,532 shares of the real estate investment trust’s stock valued at $211,000 after purchasing an additional 5,552 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Credit Suisse High Yield Bond Fund by 7.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 96,527 shares of the real estate investment trust’s stock valued at $207,000 after buying an additional 6,476 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in Credit Suisse High Yield Bond Fund in the 4th quarter worth about $197,000.

Credit Suisse High Yield Bond Fund Price Performance

Shares of NYSEAMERICAN:DHY opened at $2.15 on Friday. The business has a 50-day simple moving average of $2.08 and a two-hundred day simple moving average of $2.10. Credit Suisse High Yield Bond Fund, Inc. has a fifty-two week low of $1.82 and a fifty-two week high of $2.27.

Credit Suisse High Yield Bond Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 23rd. Investors of record on Wednesday, July 16th will be given a dividend of $0.0155 per share. The ex-dividend date is Wednesday, July 16th. This represents a $0.19 dividend on an annualized basis and a yield of 8.65%.

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.