Wealth Enhancement Advisory Services LLC Decreases Stock Holdings in PGIM High Yield Bond Fund, Inc. $ISD

Wealth Enhancement Advisory Services LLC trimmed its position in shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 2.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 61,352 shares of the company’s stock after selling 1,492 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in PGIM High Yield Bond Fund were worth $879,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Summit X LLC purchased a new position in shares of PGIM High Yield Bond Fund in the 1st quarter valued at approximately $194,000. Integrated Wealth Concepts LLC purchased a new position in shares of PGIM High Yield Bond Fund in the 1st quarter valued at approximately $217,000. Summit Trail Advisors LLC purchased a new position in shares of PGIM High Yield Bond Fund in the 1st quarter valued at approximately $228,000. Concurrent Investment Advisors LLC raised its position in shares of PGIM High Yield Bond Fund by 4.1% in the 1st quarter. Concurrent Investment Advisors LLC now owns 22,696 shares of the company’s stock valued at $323,000 after purchasing an additional 888 shares during the last quarter. Finally, Townsquare Capital LLC purchased a new position in shares of PGIM High Yield Bond Fund in the 1st quarter valued at approximately $387,000.

PGIM High Yield Bond Fund Stock Down 0.3%

Shares of PGIM High Yield Bond Fund stock opened at $14.36 on Friday. The company has a 50 day moving average price of $14.49 and a 200 day moving average price of $14.00. PGIM High Yield Bond Fund, Inc. has a 52 week low of $11.82 and a 52 week high of $14.70.

PGIM High Yield Bond Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Thursday, November 13th will be given a $0.105 dividend. This represents a c) annualized dividend and a dividend yield of 8.8%. The ex-dividend date of this dividend is Thursday, November 13th.

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).