B. Riley Wealth Advisors Inc. Sells 2,488 Shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF)

B. Riley Wealth Advisors Inc. lowered its position in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE:DCF) by 14.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,895 shares of the company’s stock after selling 2,488 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund were worth $132,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in DCF. Cetera Advisors LLC bought a new stake in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund in the first quarter worth about $1,077,000. Almitas Capital LLC acquired a new stake in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund during the 2nd quarter worth approximately $951,000. Heron Bay Capital Management lifted its stake in BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 1.2% in the second quarter. Heron Bay Capital Management now owns 749,245 shares of the company’s stock valued at $6,631,000 after buying an additional 9,055 shares in the last quarter. Beverly Hills Private Wealth LLC boosted its holdings in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund by 217.6% in the second quarter. Beverly Hills Private Wealth LLC now owns 90,273 shares of the company’s stock valued at $799,000 after buying an additional 61,847 shares during the period. Finally, Choreo LLC acquired a new position in shares of BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund in the first quarter valued at approximately $422,000.

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund Stock Performance

Shares of NYSE:DCF opened at $9.17 on Friday. BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. has a 12 month low of $7.47 and a 12 month high of $9.25. The company’s fifty day simple moving average is $9.09 and its 200 day simple moving average is $8.83.

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

The company also recently declared a monthly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Wednesday, October 9th will be issued a $0.035 dividend. The ex-dividend date of this dividend is Wednesday, October 9th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 4.58%.

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.