Atria Wealth Solutions Inc. Raises Stake in PGIM Global High Yield Fund, Inc (NYSE:GHY)

Atria Wealth Solutions Inc. increased its stake in shares of PGIM Global High Yield Fund, Inc (NYSE:GHY) by 46.7% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 32,762 shares of the company’s stock after purchasing an additional 10,426 shares during the period. Atria Wealth Solutions Inc.’s holdings in PGIM Global High Yield Fund were worth $440,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in GHY. CWM LLC lifted its holdings in PGIM Global High Yield Fund by 36.7% during the 1st quarter. CWM LLC now owns 4,545 shares of the company’s stock worth $61,000 after purchasing an additional 1,219 shares in the last quarter. CoreCap Advisors LLC purchased a new stake in PGIM Global High Yield Fund during the 4th quarter worth about $94,000. Elequin Capital LP purchased a new stake in PGIM Global High Yield Fund during the 4th quarter worth about $134,000. Oppenheimer & Co. Inc. lifted its holdings in PGIM Global High Yield Fund by 8.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 10,947 shares of the company’s stock worth $147,000 after purchasing an additional 860 shares in the last quarter. Finally, Brookwood Investment Group LLC purchased a new stake in PGIM Global High Yield Fund during the 1st quarter worth about $148,000.

PGIM Global High Yield Fund Price Performance

Shares of GHY opened at $13.19 on Friday. The stock’s 50-day simple moving average is $13.27 and its 200 day simple moving average is $13.01. PGIM Global High Yield Fund, Inc has a 52-week low of $11.31 and a 52-week high of $13.74.

PGIM Global High Yield Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, July 31st. Investors of record on Friday, July 11th were issued a dividend of $0.105 per share. The ex-dividend date of this dividend was Thursday, July 10th. This represents a yield of 933.0%.

About PGIM Global High Yield Fund

PGIM Global Short Duration High Yield Fund, Inc is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody’s Investors Service, Inc or BB+ or lower by Standard & Poor’s Ratings Services.