BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) Shares Acquired by Sit Investment Associates Inc.

Sit Investment Associates Inc. boosted its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) by 11.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 482,700 shares of the company’s stock after purchasing an additional 50,551 shares during the period. Sit Investment Associates Inc.’s holdings in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund were worth $3,644,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. UBS Group AG boosted its position in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 4.9% during the 4th quarter. UBS Group AG now owns 72,982 shares of the company’s stock valued at $515,000 after purchasing an additional 3,432 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its holdings in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 18.9% in the first quarter. B. Riley Wealth Advisors Inc. now owns 22,383 shares of the company’s stock valued at $170,000 after buying an additional 3,564 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 6.0% during the 2nd quarter. Cetera Investment Advisers now owns 109,663 shares of the company’s stock valued at $828,000 after acquiring an additional 6,243 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund in the 1st quarter worth $111,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund during the first quarter worth $122,000.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Stock Up 0.7 %

Shares of NYSE DCF opened at $7.84 on Thursday. The business has a fifty day simple moving average of $7.73 and a 200-day simple moving average of $7.67. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. has a 12 month low of $6.97 and a 12 month high of $8.14.

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

The company also recently announced a monthly dividend, which will be paid on Monday, November 27th. Shareholders of record on Thursday, November 9th will be issued a $0.035 dividend. This represents a $0.42 annualized dividend and a dividend yield of 5.36%. The ex-dividend date is Wednesday, November 8th.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Profile

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.