Vivaldi Capital Management LP Sells 77,991 Shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Vivaldi Capital Management LP decreased its position in PGIM High Yield Bond Fund, Inc. (NYSE:ISDFree Report) by 36.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 138,068 shares of the company’s stock after selling 77,991 shares during the period. Vivaldi Capital Management LP’s holdings in PGIM High Yield Bond Fund were worth $1,751,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Principal Securities Inc. purchased a new stake in shares of PGIM High Yield Bond Fund in the fourth quarter valued at approximately $33,000. Wolverine Asset Management LLC purchased a new stake in PGIM High Yield Bond Fund during the fourth quarter worth $82,000. Stonebrook Private Inc. purchased a new stake in PGIM High Yield Bond Fund during the fourth quarter worth $150,000. InterOcean Capital Group LLC lifted 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 worth $394,000 after buying an additional 1,500 shares during the period. Finally, Robinson Capital Management LLC purchased a new stake in PGIM High Yield Bond Fund during the third quarter worth $396,000.

PGIM High Yield Bond Fund Stock Up 0.2 %

PGIM High Yield Bond Fund stock traded up $0.02 during mid-day trading on Tuesday, reaching $12.71. 102,123 shares of the company were exchanged, compared to its average volume of 122,426. The business has a fifty day moving average of $12.60 and a 200 day moving average of $12.61. PGIM High Yield Bond Fund, Inc. has a 12-month low of $10.98 and a 12-month high of $13.16.

PGIM High Yield Bond Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a dividend of $0.105 per share. The ex-dividend date is Thursday, June 13th. This represents a yield of 9.93%.

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).

See Also

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

Receive News & Ratings for PGIM High Yield Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PGIM High Yield Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.