Advisor Group Inc. boosted its holdings in Voya Prime Rate Trust (NYSE:PPR) by 110.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,857 shares of the investment management company’s stock after purchasing an additional 15,113 shares during the period. Advisor Group Inc.’s holdings in Voya Prime Rate Trust were worth $151,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. HighTower Advisors LLC grew its position in Voya Prime Rate Trust by 7.3% in the second quarter. HighTower Advisors LLC now owns 61,611 shares of the investment management company’s stock valued at $332,000 after purchasing an additional 4,196 shares in the last quarter. NTV Asset Management LLC grew its position 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 purchasing an additional 10,000 shares in the last quarter. Virtu KCG Holdings LLC bought a new position in Voya Prime Rate Trust in the second quarter valued at $124,000. Raymond James Financial Services Advisors Inc. grew its position in Voya Prime Rate Trust by 35.4% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 88,025 shares of the investment management company’s stock valued at $474,000 after purchasing an additional 23,012 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. bought a new position in Voya Prime Rate Trust in the second quarter valued at $132,000.

Voya Prime Rate Trust (NYSE PPR) remained flat at $$5.08 during trading on Friday. 703,012 shares of the company’s stock were exchanged, compared to its average volume of 408,823. Voya Prime Rate Trust has a twelve month low of $4.97 and a twelve month high of $5.62.

The company also recently declared a monthly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Monday, December 11th will be paid a $0.0215 dividend. This represents a $0.26 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date is Friday, December 8th.

In other 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 transaction of $256,592.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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Voya Prime Rate Trust 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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