Simplicity Wealth LLC acquired a new stake in John Hancock Investors Trust (NYSE:JHI – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 13,351 shares of the financial services provider’s stock valued at approximately $178,000. Simplicity Wealth LLC owned approximately 0.15% of John Hancock Investors Trust, according to its most recent SEC filing.
Other institutional investors and hedge funds have also recently changed their holdings in the company. Riverbridge Partners LLC bought a new position in John Hancock Investors Trust in the 1st quarter valued at $359,000. Allspring Global Investments Holdings LLC increased its holdings in shares of John Hancock Investors Trust by 300.0% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 85,943 shares of the financial services provider’s stock valued at $1,134,000 after purchasing an additional 64,458 shares in the last quarter. Shaker Financial Services LLC increased its position in John Hancock Investors Trust by 29.2% in the fourth quarter. Shaker Financial Services LLC now owns 194,481 shares of the financial services provider’s stock valued at $2,517,000 after purchasing an additional 43,927 shares during the same period. Finally, 1607 Capital Partners LLC increased its holdings in John Hancock Investors Trust by 47.9% during the fourth quarter. 1607 Capital Partners LLC now owns 766,901 shares of the financial services provider’s stock worth $9,924,000 after purchasing an additional 248,400 shares during the last quarter. 27.01% of the shares are owned by hedge funds and other institutional investors.
John Hancock Investors Trust shares fell 0.1%
JHI shares opened at $13.51 on Tuesday. John Hancock Investors Trust has a 52-week low of $11.63 and a 52-week high of $13.85. The company’s 50-day moving average is $13.37 and its 200-day moving average is $13.28.
John Hancock Investors Trust increases dividend
The company also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 13th were given a dividend of $0.222. This represents an annualized dividend of $0.89 and a dividend yield of 6.57%. The ex-dividend date of this dividend was Thursday, June 13th. This is an increase from John Hancock Investors Trust’s previous quarterly dividend of $0.20.
Company profile of John Hancock Investors Trust
(Free report)
John Hancock Investors Trust is a closed-end fixed income mutual fund established and managed by John Hancock Investment Management LLC, jointly managed with John Hancock Asset Management. It invests in the fixed income markets around the world. The fund invests primarily in a diversified portfolio of corporate and government bonds and debentures.
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