Jane Street Group LLC Takes $123,000 Position in Voya Prime Rate Trust (PPR)

Jane Street Group LLC bought a new stake in shares of Voya Prime Rate Trust (NYSE:PPR) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 27,288 shares of the investment management company’s stock, valued at approximately $123,000.

A number of other institutional investors have also recently made changes to their positions in PPR. Segall Bryant & Hamill LLC purchased a new position in shares of Voya Prime Rate Trust in the 4th quarter valued at about $59,000. Northern Trust Corp purchased a new position in shares of Voya Prime Rate Trust in the 4th quarter valued at about $90,000. Wiley BROS. Aintree Capital LLC purchased a new position in shares of Voya Prime Rate Trust in the 4th quarter valued at about $100,000. Element Pointe Advisors LLC purchased a new position in shares of Voya Prime Rate Trust in the 4th quarter valued at about $128,000. Finally, Klingman & Associates LLC purchased a new position in shares of Voya Prime Rate Trust in the 4th quarter valued at about $171,000.

Shares of PPR opened at $4.85 on Friday. Voya Prime Rate Trust has a 1 year low of $4.39 and a 1 year high of $5.20.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 23rd. Stockholders of record on Wednesday, April 10th will be paid a $0.0275 dividend. This represents a $0.33 annualized dividend and a dividend yield of 6.80%. The ex-dividend date of this dividend is Tuesday, April 9th. This is a boost from Voya Prime Rate Trust’s previous monthly dividend of $0.03.

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About Voya Prime Rate Trust

Voya Prime Rate Trust is a closed-ended fixed income mutual fund launched by Voya Investment Management LLC. The fund is co-managed by Voya Investments, LLC and Voya Investment Management Co LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in securities of companies operating across diversified sectors.

Further Reading: How Does the Quiet Period Work?

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

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