Raymond James Financial Services Advisors Inc. lifted its stake in shares of Voya Prime Rate Trust (NYSE:PPR) by 35.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 88,025 shares of the investment management company’s stock after purchasing an additional 23,012 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Voya Prime Rate Trust were worth $474,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC lifted its position in shares of Voya Prime Rate Trust by 7.3% during the second quarter. HighTower Advisors LLC now owns 61,611 shares of the investment management company’s stock worth $332,000 after purchasing an additional 4,196 shares in the last quarter. NTV Asset Management LLC lifted its holdings in Voya Prime Rate Trust by 17.9% in the second quarter. NTV Asset Management LLC now owns 66,000 shares of the investment management company’s stock valued at $355,000 after buying an additional 10,000 shares during the period. Virtu KCG Holdings LLC acquired a new position in Voya Prime Rate Trust in the second quarter valued at approximately $124,000. Bronfman E.L. Rothschild L.P. acquired a new position in Voya Prime Rate Trust in the second quarter valued at approximately $132,000. Finally, Ameriprise Financial Inc. lifted its holdings in Voya Prime Rate Trust by 107.3% in the second quarter. Ameriprise Financial Inc. now owns 56,342 shares of the investment management company’s stock valued at $303,000 after buying an additional 29,160 shares during the period.

In other Voya Prime Rate Trust news, Director Michael J. Roland sold 49,250 shares of the firm’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $5.21, for a total value of $256,592.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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Voya Prime Rate Trust (PPR) opened at $5.10 on Friday.

The company also recently announced a monthly dividend, which will be paid on Wednesday, November 22nd. Shareholders of record on Friday, November 10th will be issued a $0.022 dividend. This represents a $0.26 annualized dividend and a yield of 5.18%. The ex-dividend date of this dividend is Thursday, November 9th.

Voya Prime Rate Trust Company Profile

Voya Prime Rate Trust (the Trust) is a diversified, closed-end management investment company. The Trust seeks to provide investors with as high a level of current income as is consistent with the preservation of capital. The Trust seeks to achieve this objective by investing, under normal market conditions, approximately 80% of its net assets, plus borrowings for investment purposes, in United States dollar denominated floating rate secured senior loans.

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Institutional Ownership by Quarter for Voya Prime Rate Trust (NYSE:PPR)

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