PGIM Global High Yield Fund, Inc (NYSE:GHY) Stock Holdings Lowered by Avior Wealth Management LLC

Avior Wealth Management LLC reduced its position in shares of PGIM Global High Yield Fund, Inc (NYSE:GHY) by 48.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,092 shares of the company’s stock after selling 9,465 shares during the quarter. Avior Wealth Management LLC’s holdings in PGIM Global High Yield Fund were worth $124,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Future Financial Wealth Managment LLC acquired a new position in PGIM Global High Yield Fund during the third quarter worth $36,000. Advisor Resource Council bought a new position in shares of PGIM Global High Yield Fund during the 3rd quarter worth approximately $136,000. Pine Valley Investments Ltd Liability Co bought a new stake in PGIM Global High Yield Fund in the third quarter valued at $179,000. Activest Wealth Management raised its stake in PGIM Global High Yield Fund by 23.3% during the third quarter. Activest Wealth Management now owns 20,961 shares of the company’s stock worth $268,000 after acquiring an additional 3,961 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of PGIM Global High Yield Fund by 4.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 23,030 shares of the company’s stock valued at $274,000 after acquiring an additional 1,050 shares during the period.

Insider Buying and Selling at PGIM Global High Yield Fund

In other PGIM Global High Yield Fund news, Director Barry H. Evans sold 41,885 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $12.99, for a total value of $544,086.15. Following the completion of the sale, the director now owns 42,053 shares of the company’s stock, valued at approximately $546,268.47. This represents a 49.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

PGIM Global High Yield Fund Stock Performance

Shares of NYSE:GHY opened at $12.99 on Wednesday. PGIM Global High Yield Fund, Inc has a 52 week low of $11.11 and a 52 week high of $13.45. The company’s fifty day moving average is $12.76 and its 200-day moving average is $12.63.

PGIM Global High Yield Fund Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.105 dividend. This represents a yield of 9.75%. The ex-dividend date of this dividend was Thursday, December 12th.

About PGIM Global High Yield Fund

PGIM Global Short Duration High Yield Fund, Inc is a closed ended fixed income mutual fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in fixed income markets across the globe. The fund primarily invests in high yield fixed income instruments of varying maturities that are rated Ba1 or lower by Moody’s Investors Service, Inc or BB+ or lower by Standard & Poor’s Ratings Services.