LPL Financial LLC Sells 120,412 Shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY)

LPL Financial LLC lessened its stake in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY – Get Rating) by 12.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 827,895 shares of the real estate investment trust’s stock after selling 120,412 shares during the period. LPL Financial LLC owned about 0.80% of Credit Suisse High Yield Bond Fund worth $1,457,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Wolverine Asset Management LLC bought a new stake in Credit Suisse High Yield Bond Fund in the fourth quarter valued at $204,000. Rivernorth Capital Management LLC acquired a new position in shares of Credit Suisse High Yield Bond Fund during the first quarter valued at about $144,000. FourThought Financial Partners LLC bought a new stake in shares of Credit Suisse High Yield Bond Fund during the fourth quarter worth about $96,000. Atria Wealth Solutions Inc. acquired a new stake in shares of Credit Suisse High Yield Bond Fund in the 1st quarter worth about $90,000. Finally, IFG Advisory LLC bought a new position in Credit Suisse High Yield Bond Fund in the 4th quarter valued at about $57,000. Institutional investors and hedge funds own 13.43% of the company’s stock.

Credit Suisse High Yield Bond Fund Stock Down 1.1 %

DHY stock opened at $1.87 on Friday. Credit Suisse High Yield Bond Fund, Inc. has a twelve month low of $1.65 and a twelve month high of $2.07.

Credit Suisse High Yield Bond Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 22nd. Shareholders of record on Tuesday, May 16th were paid a $0.0155 dividend. The ex-dividend date was Monday, May 15th. This represents a $0.19 dividend on an annualized basis and a yield of 9.95%.

Credit Suisse High Yield Bond Fund Profile

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Credit Suisse High Yield Bond Fund is a non-diversified, closed-end management investment fund, which engages in seeking high current income investment. It seeks to deliver attractive returns from U.S. high yield bond markets to investors. The firm’s investment strategy is to maximize total return from monetizing macroeconomic themes and exploiting sector and issuer performance and rating dispersion.