Stifel Financial Corp Sells 29,205 Shares of Voya Prime Rate Trust (PPR)

Stifel Financial Corp decreased its position in shares of Voya Prime Rate Trust (NYSE:PPR) by 9.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 283,425 shares of the investment management company’s stock after selling 29,205 shares during the quarter. Stifel Financial Corp’s holdings in Voya Prime Rate Trust were worth $1,271,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Cpwm LLC raised its holdings in Voya Prime Rate Trust by 6.8% during the 4th quarter. Cpwm LLC now owns 40,927 shares of the investment management company’s stock worth $184,000 after buying an additional 2,593 shares during the period. A. D. Beadell Investment Counsel Inc. grew its stake in Voya Prime Rate Trust by 9.1% during the 4th quarter. A. D. Beadell Investment Counsel Inc. now owns 161,800 shares of the investment management company’s stock valued at $726,000 after acquiring an additional 13,500 shares in the last quarter. Lido Advisors LLC grew its stake in Voya Prime Rate Trust by 38.1% during the 3rd quarter. Lido Advisors LLC now owns 62,915 shares of the investment management company’s stock valued at $313,000 after acquiring an additional 17,352 shares in the last quarter. Northern Trust Corp purchased a new position in Voya Prime Rate Trust during the 4th quarter valued at about $90,000. Finally, Wiley BROS. Aintree Capital LLC purchased a new position in Voya Prime Rate Trust during the 4th quarter valued at about $100,000.

NYSE:PPR remained flat at $$4.81 on Friday. The company’s stock had a trading volume of 255,900 shares, compared to its average volume of 434,050. Voya Prime Rate Trust has a 52 week low of $4.39 and a 52 week high of $5.20.

The company also recently declared a monthly dividend, which was paid on Tuesday, April 23rd. Investors of record on Wednesday, April 10th were paid a $0.0275 dividend. This is a boost from Voya Prime Rate Trust’s previous monthly dividend of $0.03. The ex-dividend date was Tuesday, April 9th. This represents a $0.33 annualized dividend and a dividend yield of 6.86%.

WARNING: This article was first posted by Baseball Daily News and is owned by of Baseball Daily News. If you are reading this article on another publication, it was stolen and reposted in violation of US & international copyright and trademark laws. The original version of this article can be accessed at https://www.baseballdailydigest.com/news/2019/04/26/voya-prime-rate-trust-ppr-shares-sold-by-stifel-financial-corp.html.

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.

Featured Article: Is it Safe to Invest in Commodities?

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

Receive News & Ratings for Voya Prime Rate Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Voya Prime Rate Trust and related companies with MarketBeat.com's FREE daily email newsletter.