PGIM High Yield Bond Fund, Inc. (NYSE:ISD) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its position in PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 8.6% during the 3rd quarter, Holdings Channel reports. The fund owned 213,059 shares of the company’s stock after selling 20,000 shares during the quarter. Thrivent Financial for Lutherans’ holdings in PGIM High Yield Bond Fund were worth $2,970,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Cetera Advisors LLC boosted its position in shares of PGIM High Yield Bond Fund by 5.5% during the 1st quarter. Cetera Advisors LLC now owns 76,416 shares of the company’s stock worth $993,000 after acquiring an additional 3,996 shares in the last quarter. International Assets Investment Management LLC lifted its stake in PGIM High Yield Bond Fund by 10.3% during the second quarter. International Assets Investment Management LLC now owns 17,331 shares of the company’s stock worth $223,000 after purchasing an additional 1,625 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in PGIM High Yield Bond Fund by 3.3% in the second quarter. Commonwealth Equity Services LLC now owns 544,628 shares of the company’s stock valued at $7,015,000 after purchasing an additional 17,288 shares in the last quarter. Cetera Investment Advisers increased its stake in PGIM High Yield Bond Fund by 169.3% in the first quarter. Cetera Investment Advisers now owns 158,777 shares of the company’s stock valued at $2,063,000 after purchasing an additional 99,821 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in PGIM High Yield Bond Fund during the second quarter worth approximately $258,000.

PGIM High Yield Bond Fund Stock Performance

Shares of NYSE:ISD opened at $13.76 on Wednesday. The firm has a 50 day simple moving average of $13.92 and a 200-day simple moving average of $13.44. PGIM High Yield Bond Fund, Inc. has a twelve month low of $11.81 and a twelve month high of $14.43.

PGIM High Yield Bond Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a $0.105 dividend. The ex-dividend date was Thursday, September 12th. This represents a yield of 9.09%.

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).