42,800 Shares in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Acquired by Apollon Wealth Management LLC

Apollon Wealth Management LLC purchased a new position in shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 42,800 shares of the real estate investment trust’s stock, valued at approximately $92,000.

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

Credit Suisse High Yield Bond Fund Stock Performance

Shares of NYSEAMERICAN DHY opened at $2.16 on Friday. Credit Suisse High Yield Bond Fund, Inc. has a 1-year low of $1.93 and a 1-year high of $2.27.

Credit Suisse High Yield Bond Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 25th. Investors of record on Tuesday, February 18th will be given a $0.0155 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.19 dividend on an annualized basis and a dividend yield of 8.61%.

Insider Buying and Selling

In other Credit Suisse High Yield Bond Fund news, insider Laura A. Defelice acquired 56,801 shares of the firm’s stock in a transaction on Tuesday, January 21st. The stock was purchased at an average cost of $2.13 per share, for a total transaction of $120,986.13. Following the transaction, 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 14.35% of the stock is currently owned by company insiders.

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.