Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) Shares Purchased by LPL Financial LLC

LPL Financial LLC raised its holdings in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) by 10.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 811,454 shares of the real estate investment trust’s stock after buying an additional 73,600 shares during the period. LPL Financial LLC’s holdings in Credit Suisse High Yield Bond Fund were worth $1,737,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in Credit Suisse High Yield Bond Fund during the 4th quarter worth approximately $26,000. Avantax Advisory Services Inc. acquired a new stake in shares of Credit Suisse High Yield Bond Fund in the fourth quarter valued at approximately $50,000. Apollon Wealth Management LLC purchased a new position in shares of Credit Suisse High Yield Bond Fund during the fourth quarter worth approximately $92,000. Commonwealth Equity Services LLC increased its holdings in shares of Credit Suisse High Yield Bond Fund by 7.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 96,527 shares of the real estate investment trust’s stock valued at $207,000 after acquiring an additional 6,476 shares during the period. Finally, Harbour Investments Inc. increased its holdings in shares of Credit Suisse High Yield Bond Fund by 6.0% in the 4th quarter. Harbour Investments Inc. now owns 98,532 shares of the real estate investment trust’s stock valued at $211,000 after acquiring an additional 5,552 shares during the period.

Insider Buying and Selling

In other news, insider Laura A. Defelice acquired 56,801 shares of Credit Suisse High Yield Bond Fund stock in a transaction that occurred on Tuesday, January 21st. The stock was purchased at an average cost of $2.13 per share, with a total value of $120,986.13. Following the completion of the acquisition, the insider now owns 66,653 shares in the company, valued at $141,970.89. This trade represents a 576.54 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 14.35% of the stock is currently owned by corporate insiders.

Credit Suisse High Yield Bond Fund Price Performance

NYSEAMERICAN DHY opened at $1.97 on Thursday. The business’s 50-day moving average price is $2.10 and its 200 day moving average price is $2.11. Credit Suisse High Yield Bond Fund, Inc. has a 52-week low of $1.82 and a 52-week high of $2.27.

Credit Suisse High Yield Bond Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 23rd. Investors of record on Tuesday, April 15th will be issued a dividend of $0.0155 per share. This represents a $0.19 dividend on an annualized basis and a yield of 9.44%. The ex-dividend date is Tuesday, April 15th.

About Credit Suisse High Yield Bond Fund

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.