Flow State Investments L.P. Invests $131,000 in PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Flow State Investments L.P. acquired a new stake in PGIM High Yield Bond Fund, Inc. (NYSE:ISDFree Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,620 shares of the company’s stock, valued at approximately $131,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Principal Securities Inc. bought a new stake in PGIM High Yield Bond Fund during the fourth quarter valued at $33,000. Wolverine Asset Management LLC purchased a new position in PGIM High Yield Bond Fund during the fourth quarter worth about $82,000. Stonebrook Private Inc. bought a new stake in PGIM High Yield Bond Fund during the fourth quarter worth $150,000. InterOcean Capital Group LLC grew its holdings in PGIM High Yield Bond Fund by 4.9% during the fourth quarter. InterOcean Capital Group LLC now owns 32,000 shares of the company’s stock valued at $394,000 after purchasing an additional 1,500 shares during the period. Finally, Robinson Capital Management LLC purchased a new stake in shares of PGIM High Yield Bond Fund during the 3rd quarter valued at approximately $396,000.

PGIM High Yield Bond Fund Stock Performance

Shares of NYSE:ISD traded down $0.12 during midday trading on Thursday, reaching $12.71. 98,859 shares of the company traded hands, compared to its average volume of 122,344. PGIM High Yield Bond Fund, Inc. has a 12 month low of $10.98 and a 12 month high of $13.16. The firm’s fifty day moving average price is $12.60 and its two-hundred day moving average price is $12.61.

PGIM High Yield Bond Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a dividend of $0.105 per share. This represents a yield of 9.91%. The ex-dividend date is Thursday, June 13th.

PGIM High Yield Bond Fund Company Profile

(Free Report)

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).

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Institutional Ownership by Quarter for PGIM High Yield Bond Fund (NYSE:ISD)

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