Joseph P. Lucia & Associates LLC Lowers Stake in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY)

Joseph P. Lucia & Associates LLC cut its stake in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) by 16.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 102,185 shares of the real estate investment trust’s stock after selling 20,000 shares during the quarter. Joseph P. Lucia & Associates LLC’s holdings in Credit Suisse High Yield Bond Fund were worth $219,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in DHY. Park Avenue Securities LLC raised its stake in shares of Credit Suisse High Yield Bond Fund by 5.3% during the 4th quarter. Park Avenue Securities LLC now owns 486,464 shares of the real estate investment trust’s stock worth $1,041,000 after acquiring an additional 24,667 shares in the last quarter. D.A. Davidson & CO. acquired a new position in shares of Credit Suisse High Yield Bond Fund during the third quarter worth $39,000. Integrated Advisors Network LLC acquired a new position in shares of Credit Suisse High Yield Bond Fund during the third quarter worth $27,000. Finally, Truist Financial Corp purchased a new stake in shares of Credit Suisse High Yield Bond Fund during the 2nd quarter valued at $25,000.

Credit Suisse High Yield Bond Fund Price Performance

DHY stock opened at $2.14 on Tuesday. Credit Suisse High Yield Bond Fund, Inc. has a 52 week low of $1.93 and a 52 week high of $2.27.

Credit Suisse High Yield Bond Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 24th. Stockholders of record on Thursday, January 16th were issued a $0.0155 dividend. This represents a $0.19 annualized dividend and a dividend yield of 8.69%. The ex-dividend date was Thursday, January 16th.

Insider Transactions at Credit Suisse High Yield Bond Fund

In related news, insider Laura A. Defelice purchased 56,801 shares of the firm’s stock in a transaction on Tuesday, January 21st. The stock was bought at an average cost of $2.13 per share, with a total value of $120,986.13. Following the completion of the acquisition, the insider now owns 66,653 shares of the company’s stock, valued at $141,970.89. The trade was a 576.54 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 14.35% of the company’s stock.

Credit Suisse High Yield Bond Fund Company Profile

Credit Suisse High Yield Bond Fund, Inc is a closed ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It invests in the securities of companies across diversified sectors. The fund primarily invests in below-investment-grade corporate bonds with an average credit quality lower than BBB by Standard & Poor's and an average duration of 5.07 years.