Camelot Portfolios LLC Sells 6,500 Shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Camelot Portfolios LLC cut its position in shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 29.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,300 shares of the company’s stock after selling 6,500 shares during the quarter. Camelot Portfolios LLC’s holdings in PGIM High Yield Bond Fund were worth $209,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Penserra Capital Management LLC acquired a new stake in PGIM High Yield Bond Fund during the 3rd quarter worth about $5,007,000. International Assets Investment Management LLC boosted its position in shares of PGIM High Yield Bond Fund by 1,294.0% during the 3rd quarter. International Assets Investment Management LLC now owns 241,594 shares of the company’s stock valued at $3,368,000 after purchasing an additional 224,263 shares in the last quarter. SteelPeak Wealth LLC increased its holdings in PGIM High Yield Bond Fund by 33.9% in the third quarter. SteelPeak Wealth LLC now owns 653,090 shares of the company’s stock worth $9,104,000 after purchasing an additional 165,394 shares in the last quarter. Stifel Financial Corp bought a new stake in PGIM High Yield Bond Fund in the third quarter worth approximately $675,000. Finally, Activest Wealth Management lifted its stake in PGIM High Yield Bond Fund by 167.6% in the third quarter. Activest Wealth Management now owns 46,803 shares of the company’s stock valued at $652,000 after buying an additional 29,314 shares during the period.

PGIM High Yield Bond Fund Stock Down 0.5 %

Shares of ISD stock opened at $14.18 on Friday. The firm has a 50 day moving average of $13.86 and a 200-day moving average of $13.86. PGIM High Yield Bond Fund, Inc. has a 52 week low of $12.20 and a 52 week high of $14.43.

PGIM High Yield Bond Fund Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.105 dividend. This represents a yield of 8.87%. The ex-dividend date was Thursday, December 12th.

About PGIM High Yield Bond Fund

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).