Citadel Advisors LLC Buys Shares of 10,071 Prudential Short Duration High Yield FD (ISD)

Citadel Advisors LLC bought a new position in Prudential Short Duration High Yield FD (NYSE:ISD) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 10,071 shares of the company’s stock, valued at approximately $142,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. ArrowMark Colorado Holdings LLC raised its position in shares of Prudential Short Duration High Yield FD by 7.0% in the 4th quarter. ArrowMark Colorado Holdings LLC now owns 97,129 shares of the company’s stock worth $1,435,000 after buying an additional 6,351 shares during the period. BB&T Securities LLC raised its position in shares of Prudential Short Duration High Yield FD by 34.1% in the 4th quarter. BB&T Securities LLC now owns 25,892 shares of the company’s stock worth $382,000 after buying an additional 6,578 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Prudential Short Duration High Yield FD by 121.5% in the 1st quarter. Envestnet Asset Management Inc. now owns 12,271 shares of the company’s stock worth $174,000 after buying an additional 6,731 shares during the period. Doliver Capital Advisors LP raised its position in shares of Prudential Short Duration High Yield FD by 21.6% in the 1st quarter. Doliver Capital Advisors LP now owns 53,664 shares of the company’s stock worth $758,000 after buying an additional 9,525 shares during the period. Finally, Sunbelt Securities Inc. purchased a new position in shares of Prudential Short Duration High Yield FD in the 1st quarter worth $165,000.

Shares of Prudential Short Duration High Yield FD opened at $14.02 on Thursday, according to Marketbeat.com. Prudential Short Duration High Yield FD has a twelve month low of $13.96 and a twelve month high of $15.38.

The company also recently announced a monthly dividend, which will be paid on Tuesday, July 31st. Investors of record on Friday, July 13th will be given a $0.085 dividend. This represents a $1.02 annualized dividend and a dividend yield of 7.28%. The ex-dividend date is Thursday, July 12th.

About Prudential Short Duration High Yield FD

Prudential Short Duration High Yield Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income by investing primarily in higher-rated, below-investment-grade fixed income instruments. The Fund seeks to maintain a weighted average portfolio duration of approximately three years or less and a weighted average maturity of over five years or less.

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

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