12,000 Shares in Prudential Global Short Duration High Yield Fund, Inc. (GHY) Purchased by Belpointe Asset Management LLC

Belpointe Asset Management LLC acquired a new position in Prudential Global Short Duration High Yield Fund, Inc. (NYSE:GHY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 12,000 shares of the company’s stock, valued at approximately $179,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Shaker Financial Services LLC lifted its stake in Prudential Global Short Duration High Yield Fund by 40.8% in the third quarter. Shaker Financial Services LLC now owns 92,788 shares of the company’s stock worth $1,385,000 after purchasing an additional 26,884 shares during the last quarter. First Trust Advisors LP lifted its stake in Prudential Global Short Duration High Yield Fund by 16.3% in the third quarter. First Trust Advisors LP now owns 241,092 shares of the company’s stock worth $3,599,000 after purchasing an additional 33,724 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in Prudential Global Short Duration High Yield Fund by 87.6% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 122,738 shares of the company’s stock worth $1,832,000 after purchasing an additional 57,301 shares during the last quarter. Vident Investment Advisory LLC lifted its stake in Prudential Global Short Duration High Yield Fund by 9.6% in the third quarter. Vident Investment Advisory LLC now owns 529,854 shares of the company’s stock worth $7,911,000 after purchasing an additional 46,512 shares during the last quarter. Finally, Advisor Group Inc. lifted its stake in Prudential Global Short Duration High Yield Fund by 12.5% in the third quarter. Advisor Group Inc. now owns 33,448 shares of the company’s stock worth $499,000 after purchasing an additional 3,704 shares during the last quarter.

In related news, Director Barry H. Evans bought 7,000 shares of Prudential Global Short Duration High Yield Fund stock in a transaction dated Thursday, September 28th. The shares were acquired at an average cost of $14.92 per share, with a total value of $104,440.00. Following the completion of the transaction, the director now owns 34,826 shares in the company, valued at approximately $519,603.92. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Richard A. Redeker bought 6,930 shares of Prudential Global Short Duration High Yield Fund stock in a transaction dated Tuesday, December 12th. The shares were bought at an average cost of $14.43 per share, for a total transaction of $99,999.90. The disclosure for this purchase can be found here.

Prudential Global Short Duration High Yield Fund, Inc. (NYSE GHY) opened at $14.30 on Monday. Prudential Global Short Duration High Yield Fund, Inc. has a 1 year low of $14.29 and a 1 year high of $15.31.

The business also recently announced a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a dividend of $0.09 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date of this dividend is Thursday, December 14th.

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Prudential Global Short Duration High Yield Fund Company Profile

Prudential Global Short Duration High Yield Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a high level of current income by investing primarily in higher-rated, below-investment-grade fixed income instruments of issuers located across the world, including emerging markets.

Institutional Ownership by Quarter for Prudential Global Short Duration High Yield Fund (NYSE:GHY)

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