Kestra Advisory Services LLC Grows Stock Holdings in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY)

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Kestra Advisory Services LLC increased its stake in shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHYGet Rating) by 55.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 37,312 shares of the real estate investment trust’s stock after acquiring an additional 13,319 shares during the period. Kestra Advisory Services LLC’s holdings in Credit Suisse High Yield Bond Fund were worth $81,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. lifted its position in shares of Credit Suisse High Yield Bond Fund by 37.0% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 55,619 shares of the real estate investment trust’s stock valued at $137,000 after acquiring an additional 15,007 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Credit Suisse High Yield Bond Fund during the 4th quarter valued at approximately $39,000. Envestnet Asset Management Inc. lifted its position in shares of Credit Suisse High Yield Bond Fund by 5.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 914,606 shares of the real estate investment trust’s stock valued at $2,259,000 after acquiring an additional 48,633 shares during the period. Ameritas Advisory Services LLC acquired a new stake in shares of Credit Suisse High Yield Bond Fund during the 4th quarter valued at approximately $97,000. Finally, Shaker Financial Services LLC raised its position in shares of Credit Suisse High Yield Bond Fund by 28.8% during the 4th quarter. Shaker Financial Services LLC now owns 292,686 shares of the real estate investment trust’s stock worth $723,000 after purchasing an additional 65,372 shares during the last quarter. Hedge funds and other institutional investors own 25.19% of the company’s stock.

Credit Suisse High Yield Bond Fund Trading Up 1.1 %

DHY stock opened at $1.92 on Thursday. Credit Suisse High Yield Bond Fund, Inc. has a one year low of $1.83 and a one year high of $2.55.

Credit Suisse High Yield Bond Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, July 25th. Stockholders of record on Tuesday, July 19th were paid a dividend of $0.0155 per share. The ex-dividend date was Monday, July 18th. This represents a $0.19 annualized dividend and a dividend yield of 9.69%.

About Credit Suisse High Yield Bond Fund

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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.

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Want to see what other hedge funds are holding DHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHYGet Rating).

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