SG Americas Securities LLC trimmed its stake in Voya Prime Rate Trust (NYSE:PPR) by 19.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 95,200 shares of the investment management company’s stock after selling 23,095 shares during the period. SG Americas Securities LLC owned 0.06% of Voya Prime Rate Trust worth $498,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of PPR. Baillie Gifford & Co. increased its position in Voya Prime Rate Trust by 7.0% in the 2nd quarter. Baillie Gifford & Co. now owns 8,197,576 shares of the investment management company’s stock worth $44,103,000 after buying an additional 533,570 shares during the period. Ameriprise Financial Inc. increased its position in Voya Prime Rate Trust by 107.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 56,342 shares of the investment management company’s stock worth $303,000 after buying an additional 29,160 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in Voya Prime Rate Trust by 80.7% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 407,698 shares of the investment management company’s stock worth $2,132,000 after buying an additional 182,111 shares during the period. Ausdal Financial Partners Inc. increased its position in Voya Prime Rate Trust by 113.4% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 52,400 shares of the investment management company’s stock worth $274,000 after buying an additional 27,850 shares during the period. Finally, Doliver Capital Advisors LP increased its position in Voya Prime Rate Trust by 111.8% in the 3rd quarter. Doliver Capital Advisors LP now owns 105,006 shares of the investment management company’s stock worth $549,000 after buying an additional 55,424 shares during the period.

In other Voya Prime Rate Trust news, Director Michael J. Roland sold 49,250 shares of Voya Prime Rate Trust stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $5.21, for a total value of $256,592.50. The sale was disclosed in a filing with the SEC, which is available through this link.

Shares of Voya Prime Rate Trust (NYSE:PPR) traded up $0.01 during midday trading on Tuesday, reaching $5.11. The company’s stock had a trading volume of 921,600 shares, compared to its average volume of 411,167. Voya Prime Rate Trust has a 52 week low of $4.97 and a 52 week high of $5.62.

The firm also recently declared a monthly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Monday, December 11th will be given a $0.0215 dividend. This represents a $0.26 annualized dividend and a yield of 5.05%. The ex-dividend date is Friday, December 8th.

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About Voya Prime Rate Trust

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.

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

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