Joseph P. Lucia & Associates LLC decreased its holdings in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Free Report) by 16.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 102,185 shares of the real estate investment trust’s stock after selling 20,000 shares during the period. 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 large investors have also made changes to their positions in DHY. Park Avenue Securities LLC boosted its holdings in Credit Suisse High Yield Bond Fund by 5.3% in the 4th quarter. Park Avenue Securities LLC now owns 486,464 shares of the real estate investment trust’s stock valued at $1,041,000 after purchasing an additional 24,667 shares during the last quarter. D.A. Davidson & CO. acquired a new position in Credit Suisse High Yield Bond Fund in the third quarter valued at approximately $39,000. Truist Financial Corp purchased a new position in Credit Suisse High Yield Bond Fund in the second quarter worth approximately $25,000. Finally, Integrated Advisors Network LLC acquired a new stake in Credit Suisse High Yield Bond Fund during the third quarter worth $27,000.
Insiders Place Their Bets
In other Credit Suisse High Yield Bond Fund news, insider Laura A. Defelice purchased 56,801 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were bought at an average cost of $2.13 per share, for a total transaction of $120,986.13. Following the completion of the purchase, the insider now directly owns 66,653 shares of the company’s stock, valued at approximately $141,970.89. This trade represents a 576.54 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 14.35% of the stock is currently owned by insiders.
Credit Suisse High Yield Bond Fund Stock Performance
Credit Suisse High Yield Bond Fund Dividend Announcement
The business also recently announced a monthly dividend, which was paid on Friday, January 24th. Shareholders of record on Thursday, January 16th were given a $0.0155 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $0.19 dividend on an annualized basis and a yield of 8.69%.
About Credit Suisse High Yield Bond Fund
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.
See Also
- Five stocks we like better than Credit Suisse High Yield Bond Fund
- How to Start Investing in Real Estate
- NuScale Power Stock Leads Energy Gains – Can It Continue?
- Using the MarketBeat Dividend Tax Calculator
- Traders Sell SoFi Stock Post Earnings: Should Investors Jump In?
- Health Care Stocks Explained: Why You Might Want to Invest
- Insider Selling in Tech Stocks Spikes in Q4
Want to see what other hedge funds are holding DHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Free Report).
Receive News & Ratings for Credit Suisse High Yield Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Credit Suisse High Yield Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.