Rivernorth Capital Management LLC Buys 10,451 Shares of PGIM High Yield Bond Fund Inc (NYSE:ISD)

Rivernorth Capital Management LLC boosted its stake in shares of PGIM High Yield Bond Fund Inc (NYSE:ISD) by 0.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,479,862 shares of the company’s stock after acquiring an additional 10,451 shares during the period. PGIM High Yield Bond Fund accounts for about 0.9% of Rivernorth Capital Management LLC’s portfolio, making the stock its 20th biggest position. Rivernorth Capital Management LLC’s holdings in PGIM High Yield Bond Fund were worth $21,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of ISD. Beach Point Capital Management LP increased its stake in PGIM High Yield Bond Fund by 45.5% during the 2nd quarter. Beach Point Capital Management LP now owns 710,525 shares of the company’s stock worth $10,395,000 after acquiring an additional 222,028 shares during the period. Wells Fargo & Company MN increased its stake in PGIM High Yield Bond Fund by 16.2% during the 2nd quarter. Wells Fargo & Company MN now owns 839,281 shares of the company’s stock worth $12,279,000 after acquiring an additional 116,850 shares during the period. Parametric Portfolio Associates LLC increased its stake in shares of PGIM High Yield Bond Fund by 11.2% in the 1st quarter. Parametric Portfolio Associates LLC now owns 1,134,568 shares of the company’s stock valued at $16,088,000 after purchasing an additional 114,054 shares during the last quarter. Vivaldi Capital Management LLC increased its stake in shares of PGIM High Yield Bond Fund by 34.3% in the 2nd quarter. Vivaldi Capital Management LLC now owns 341,318 shares of the company’s stock valued at $4,993,000 after purchasing an additional 87,199 shares during the last quarter. Finally, Raymond James & Associates increased its stake in shares of PGIM High Yield Bond Fund by 18.1% in the 1st quarter. Raymond James & Associates now owns 519,991 shares of the company’s stock valued at $7,374,000 after purchasing an additional 79,689 shares during the last quarter.

Shares of ISD traded up $0.02 during midday trading on Friday, hitting $14.89. The company’s stock had a trading volume of 7,773 shares, compared to its average volume of 123,878. PGIM High Yield Bond Fund Inc has a one year low of $12.63 and a one year high of $14.90. The company’s fifty day simple moving average is $14.50 and its two-hundred day simple moving average is $14.42.



The firm also recently declared a — dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.105 dividend. The ex-dividend date is Thursday, November 14th. This represents a dividend yield of 8.3%.

About PGIM High Yield Bond Fund

Prudential Short Duration High Yield 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).

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

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