Atria Wealth Solutions Inc. Has $277,000 Stake in PGIM Global High Yield Fund, Inc (NYSE:GHY)

Atria Wealth Solutions Inc. raised its position in shares of PGIM Global High Yield Fund, Inc (NYSE:GHY) by 4.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,336 shares of the company’s stock after buying an additional 983 shares during the period. Atria Wealth Solutions Inc.’s holdings in PGIM Global High Yield Fund were worth $277,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of GHY. Advisor Resource Council acquired a new stake in shares of PGIM Global High Yield Fund in the third quarter valued at approximately $136,000. Clay Northam Wealth Management LLC acquired a new stake in shares of PGIM Global High Yield Fund in the fourth quarter valued at approximately $131,000. Apollon Wealth Management LLC acquired a new stake in shares of PGIM Global High Yield Fund in the fourth quarter valued at approximately $168,000. Pine Valley Investments Ltd Liability Co acquired a new stake in shares of PGIM Global High Yield Fund in the third quarter valued at approximately $179,000. Finally, Activest Wealth Management increased its holdings in shares of PGIM Global High Yield Fund by 23.3% in the third quarter. Activest Wealth Management now owns 20,961 shares of the company’s stock valued at $268,000 after purchasing an additional 3,961 shares in the last quarter.

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 firm’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 transaction, the director now directly owns 42,053 shares of the company’s stock, valued at approximately $546,268.47. This trade represents a 49.90 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

PGIM Global High Yield Fund Price Performance

Shares of PGIM Global High Yield Fund stock opened at $13.34 on Friday. The firm has a 50 day simple moving average of $12.94 and a 200 day simple moving average of $12.76. PGIM Global High Yield Fund, Inc has a fifty-two week low of $11.11 and a fifty-two week high of $13.54.

PGIM Global High Yield Fund Announces Dividend

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

PGIM Global High Yield Fund Profile

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.