45,925 Shares in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) Bought by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC bought a new stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 45,925 shares of the company’s stock, valued at approximately $395,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Cerity Partners LLC lifted its stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 2.0% in the fourth quarter. Cerity Partners LLC now owns 78,414 shares of the company’s stock valued at $639,000 after buying an additional 1,574 shares during the period. Bulldog Investors LLP bought a new stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund in the 4th quarter worth approximately $647,000. Finally, Heron Bay Capital Management grew its holdings in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 115.3% during the 4th quarter. Heron Bay Capital Management now owns 739,920 shares of the company’s stock worth $6,030,000 after purchasing an additional 396,245 shares in the last quarter.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Stock Performance

DCF opened at $8.75 on Friday. The stock’s 50 day simple moving average is $8.64 and its 200-day simple moving average is $8.48. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. has a 1 year low of $7.47 and a 1 year high of $8.83.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, July 25th. Shareholders of record on Thursday, July 11th will be issued a $0.035 dividend. The ex-dividend date is Thursday, July 11th.

About BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc operates as a closed-end investment fund. The fund’s investment objective is to seek high current income and to invest in credit instruments and other investments. The company is headquartered in New York, NY.