242,900 Shares in Prudential Short Duration High Yield FD (ISD) Purchased by BlackRock Inc.

BlackRock Inc. bought a new position in Prudential Short Duration High Yield FD (NYSE:ISD) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 242,900 shares of the company’s stock, valued at approximately $3,401,000. BlackRock Inc. owned approximately 0.73% of Prudential Short Duration High Yield FD as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of ISD. Wells Fargo & Company MN boosted its position in Prudential Short Duration High Yield FD by 20.5% in the second quarter. Wells Fargo & Company MN now owns 640,788 shares of the company’s stock worth $8,970,000 after purchasing an additional 108,889 shares during the last quarter. Robinson Capital Management LLC boosted its position in Prudential Short Duration High Yield FD by 134.8% in the second quarter. Robinson Capital Management LLC now owns 227,514 shares of the company’s stock worth $3,185,000 after purchasing an additional 130,603 shares during the last quarter. Park Avenue Securities LLC boosted its position in Prudential Short Duration High Yield FD by 28.1% in the second quarter. Park Avenue Securities LLC now owns 19,786 shares of the company’s stock worth $277,000 after purchasing an additional 4,343 shares during the last quarter. Finally, Private Advisor Group LLC boosted its position in Prudential Short Duration High Yield FD by 70.5% in the second quarter. Private Advisor Group LLC now owns 18,557 shares of the company’s stock worth $260,000 after purchasing an additional 7,676 shares during the last quarter.

ISD stock traded up $0.15 during midday trading on Monday, hitting $13.60. The company’s stock had a trading volume of 242,000 shares, compared to its average volume of 138,254. Prudential Short Duration High Yield FD has a 1 year low of $13.30 and a 1 year high of $15.02.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, January 7th. Shareholders of record on Friday, December 28th will be given a $0.085 dividend. The ex-dividend date of this dividend is Thursday, December 27th. This represents a $1.02 annualized dividend and a yield of 7.50%.

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About Prudential Short Duration High Yield FD

There is no company description available for PGIM Short Duration High Yield Fund.

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Institutional Ownership by Quarter for Prudential Short Duration High Yield FD (NYSE:ISD)

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