PGIM High Yield Bond Fund, Inc. (NYSE:ISD) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its holdings in shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD) by 8.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 213,059 shares of the company’s stock after selling 20,000 shares during the period. Thrivent Financial for Lutherans’ holdings in PGIM High Yield Bond Fund were worth $2,970,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of PGIM High Yield Bond Fund by 10.3% during the 2nd quarter. International Assets Investment Management LLC now owns 17,331 shares of the company’s stock valued at $223,000 after acquiring an additional 1,625 shares during the last quarter. Clean Yield Group acquired a new position in PGIM High Yield Bond Fund in the 1st quarter valued at about $26,000. Cetera Advisors LLC grew its stake in shares of PGIM High Yield Bond Fund by 5.5% in the 1st quarter. Cetera Advisors LLC now owns 76,416 shares of the company’s stock valued at $993,000 after buying an additional 3,996 shares during the period. Cetera Investment Advisers increased its holdings in shares of PGIM High Yield Bond Fund by 8.3% during the 2nd quarter. Cetera Investment Advisers now owns 171,893 shares of the company’s stock worth $2,214,000 after buying an additional 13,116 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its position in shares of PGIM High Yield Bond Fund by 3.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 544,628 shares of the company’s stock valued at $7,015,000 after buying an additional 17,288 shares during the period.

PGIM High Yield Bond Fund Price Performance

Shares of NYSE:ISD opened at $13.76 on Wednesday. The business has a 50-day moving average price of $13.92 and a 200 day moving average price of $13.44. PGIM High Yield Bond Fund, Inc. has a 12-month low of $11.81 and a 12-month high of $14.43.

PGIM High Yield Bond Fund Announces Dividend

The company also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 13th were given a dividend of $0.105 per share. The ex-dividend date of this dividend was Thursday, September 12th. This represents a dividend yield of 9.09%.

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).