Avior Wealth Management LLC Has $122,000 Stake in PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Avior Wealth Management LLC lessened its position in PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 17.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,781 shares of the company’s stock after selling 1,883 shares during the period. Avior Wealth Management LLC’s holdings in PGIM High Yield Bond Fund were worth $122,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of ISD. Cetera Advisors LLC increased its stake in shares of PGIM High Yield Bond Fund by 5.5% in the first quarter. Cetera Advisors LLC now owns 76,416 shares of the company’s stock valued at $993,000 after buying an additional 3,996 shares during the period. International Assets Investment Management LLC raised its stake in shares of 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 valued at $223,000 after acquiring an additional 1,625 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of PGIM High Yield Bond Fund by 3.3% during the second quarter. Commonwealth Equity Services LLC now owns 544,628 shares of the company’s stock worth $7,015,000 after purchasing an additional 17,288 shares during the period. Cetera Investment Advisers grew its stake in shares of 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 worth $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 in the second quarter valued at $258,000.

PGIM High Yield Bond Fund Stock Up 0.1 %

Shares of NYSE:ISD opened at $13.88 on Friday. The business has a fifty day simple moving average of $13.92 and a 200 day simple moving average of $13.42. PGIM High Yield Bond Fund, Inc. has a 12-month low of $11.81 and a 12-month high of $14.43.

PGIM High Yield Bond Fund Announces Dividend

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

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).