Integrated Wealth Concepts LLC Decreases Stake in Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY)

Integrated Wealth Concepts LLC trimmed its holdings in shares of Credit Suisse High Yield Bond Fund, Inc. (NYSEAMERICAN:DHY) by 60.1% during the third quarter, Holdings Channel reports. The fund owned 22,426 shares of the real estate investment trust’s stock after selling 33,755 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Credit Suisse High Yield Bond Fund were worth $51,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Cetera Advisors LLC bought a new stake in shares of Credit Suisse High Yield Bond Fund in the first quarter worth $245,000. IFG Advisory LLC acquired a new position in Credit Suisse High Yield Bond Fund during the 2nd quarter worth $72,000. Thoroughbred Financial Services LLC bought a new stake in shares of Credit Suisse High Yield Bond Fund in the 2nd quarter worth about $36,000. Truist Financial Corp acquired a new stake in shares of Credit Suisse High Yield Bond Fund in the 2nd quarter valued at about $25,000. Finally, Integrated Advisors Network LLC bought a new position in shares of Credit Suisse High Yield Bond Fund during the third quarter worth about $27,000.

Credit Suisse High Yield Bond Fund Stock Down 0.4 %

NYSEAMERICAN:DHY opened at $2.22 on Friday. Credit Suisse High Yield Bond Fund, Inc. has a one year low of $1.93 and a one year high of $2.27.

Credit Suisse High Yield Bond Fund Profile

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.