Capital Investment Advisors LLC Raises Stock Position in PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Capital Investment Advisors LLC lifted its stake in shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD – Get Rating) by 17.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 573,724 shares of the company’s stock after acquiring an additional 85,874 shares during the quarter. Capital Investment Advisors LLC’s holdings in PGIM High Yield Bond Fund were worth $8,233,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ISD. Invesco Ltd. lifted its position in shares of PGIM High Yield Bond Fund by 1.2% during the 3rd quarter. Invesco Ltd. now owns 587,666 shares of the company’s stock worth $9,544,000 after buying an additional 6,988 shares during the last quarter. LPL Financial LLC boosted its position in shares of PGIM High Yield Bond Fund by 1.4% during the 3rd quarter. LPL Financial LLC now owns 92,885 shares of the company’s stock worth $1,508,000 after purchasing an additional 1,267 shares in the last quarter. UBS Group AG boosted its position in shares of PGIM High Yield Bond Fund by 4.1% in the 3rd quarter. UBS Group AG now owns 214,914 shares of the company’s stock worth $3,490,000 after buying an additional 8,491 shares in the last quarter. Thrivent Financial for Lutherans boosted its position in shares of PGIM High Yield Bond Fund by 6.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 220,331 shares of the company’s stock worth $3,578,000 after buying an additional 13,824 shares in the last quarter. Finally, Camelot Portfolios LLC boosted its position in shares of PGIM High Yield Bond Fund by 8.0% in the 4th quarter. Camelot Portfolios LLC now owns 26,215 shares of the company’s stock worth $421,000 after buying an additional 1,931 shares in the last quarter.

PGIM High Yield Bond Fund stock opened at $12.05 on Thursday. PGIM High Yield Bond Fund, Inc. has a 52 week low of $11.89 and a 52 week high of $16.66. The firm’s 50-day simple moving average is $13.36 and its 200 day simple moving average is $14.49.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, August 31st. Investors of record on Friday, August 12th will be given a $0.105 dividend. The ex-dividend date is Thursday, August 11th. This represents a $1.26 annualized dividend and a dividend yield of 10.46%.

PGIM High Yield Bond Fund Company Profile (Get Rating)

Prudential Short Duration High Yield 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).

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