PGIM Global High Yield Fund, Inc $GHY Stock Position Boosted by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. boosted its stake in PGIM Global High Yield Fund, Inc (NYSE:GHY) by 5.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,426 shares of the company’s stock after buying an additional 1,664 shares during the period. Atria Wealth Solutions Inc.’s holdings in PGIM Global High Yield Fund were worth $463,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. WPG Advisers LLC acquired a new stake in PGIM Global High Yield Fund in the 1st quarter valued at about $37,000. CWM LLC lifted its holdings in PGIM Global High Yield Fund by 36.7% in the 1st quarter. CWM LLC now owns 4,545 shares of the company’s stock valued at $61,000 after acquiring an additional 1,219 shares during the last quarter. Oppenheimer & Co. Inc. lifted its holdings in PGIM Global High Yield Fund by 8.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 10,947 shares of the company’s stock valued at $147,000 after acquiring an additional 860 shares during the last quarter. Brookwood Investment Group LLC purchased a new stake in PGIM Global High Yield Fund during the first quarter valued at about $148,000. Finally, Geneos Wealth Management Inc. lifted its stake in PGIM Global High Yield Fund by 474.2% during the first quarter. Geneos Wealth Management Inc. now owns 12,678 shares of the company’s stock valued at $170,000 after buying an additional 10,470 shares in the last quarter.

PGIM Global High Yield Fund Stock Down 1.2%

GHY stock opened at $12.27 on Monday. PGIM Global High Yield Fund, Inc has a one year low of $11.31 and a one year high of $13.74. The firm has a 50-day moving average of $13.08 and a two-hundred day moving average of $12.96.

PGIM Global High Yield Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Thursday, November 13th will be issued a $0.105 dividend. The ex-dividend date is Thursday, November 13th. This represents a c) dividend on an annualized basis and a yield of 10.3%.

Insider Buying and Selling

In related news, Director Barry H. Evans sold 26,421 shares of the stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $13.36, for a total value of $352,984.56. Following the transaction, the director owned 15,632 shares in the company, valued at approximately $208,843.52. This represents a 62.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

PGIM Global High Yield Fund Company Profile

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.