Stolper Co Has $503,000 Stake in PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Stolper Co trimmed its position in shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 2.7% during the 4th quarter, HoldingsChannel reports. The firm owned 36,804 shares of the company’s stock after selling 1,035 shares during the quarter. Stolper Co’s holdings in PGIM High Yield Bond Fund were worth $503,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in ISD. FSA Wealth Management LLC acquired a new stake in shares of PGIM High Yield Bond Fund in the third quarter worth $68,000. IHT Wealth Management LLC boosted its position in PGIM High Yield Bond Fund by 67.8% during the 3rd quarter. IHT Wealth Management LLC now owns 17,916 shares of the company’s stock worth $250,000 after acquiring an additional 7,240 shares during the period. Sanctuary Advisors LLC purchased a new position in PGIM High Yield Bond Fund during the 2nd quarter valued at about $258,000. Jane Street Group LLC acquired a new position in shares of PGIM High Yield Bond Fund in the 3rd quarter valued at about $322,000. Finally, Activest Wealth Management increased its holdings in shares of PGIM High Yield Bond Fund by 167.6% in the 3rd quarter. Activest Wealth Management now owns 46,803 shares of the company’s stock valued at $652,000 after purchasing an additional 29,314 shares during the period.

PGIM High Yield Bond Fund Stock Performance

ISD stock opened at $13.76 on Thursday. The firm has a 50 day simple moving average of $13.86 and a 200 day simple moving average of $13.74. 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 Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.105 per share. This represents a dividend yield of 8.87%. The ex-dividend date of this dividend 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).