Jane Street Group LLC Buys Shares of 23,104 PGIM High Yield Bond Fund, Inc. (NYSE:ISD)

Jane Street Group LLC purchased a new stake in shares of PGIM High Yield Bond Fund, Inc. (NYSE:ISD) in the third quarter, HoldingsChannel reports. The firm purchased 23,104 shares of the company’s stock, valued at approximately $322,000.

A number of other institutional investors have also made changes to their positions in ISD. Penserra Capital Management LLC acquired a new stake in PGIM High Yield Bond Fund during the 3rd quarter worth approximately $5,007,000. International Assets Investment Management LLC raised its stake in shares of PGIM High Yield Bond Fund by 1,294.0% in the third quarter. International Assets Investment Management LLC now owns 241,594 shares of the company’s stock valued at $3,368,000 after acquiring an additional 224,263 shares in the last quarter. SteelPeak Wealth LLC boosted 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 valued at $9,104,000 after purchasing an additional 165,394 shares during the period. Stifel Financial Corp acquired a new position in PGIM High Yield Bond Fund during the 3rd quarter worth $675,000. Finally, Activest Wealth Management increased its holdings in PGIM High Yield Bond Fund by 167.6% during the 3rd quarter. Activest Wealth Management now owns 46,803 shares of the company’s stock worth $652,000 after purchasing an additional 29,314 shares during the period.

PGIM High Yield Bond Fund Stock Performance

ISD stock opened at $13.90 on Friday. The company’s 50 day moving average price is $13.88 and its 200 day moving average price is $13.70. PGIM High Yield Bond Fund, Inc. has a fifty-two week low of $12.20 and a fifty-two week high of $14.43.

PGIM High Yield Bond Fund Announces Dividend

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

PGIM High Yield Bond Fund Company Profile

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).