1607 Capital Partners LLC lifted its holdings in shares of John Hancock Investors Trust (NYSE:JHI - Free Report) by 40.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 536,545 shares of the financial services provider's stock after purchasing an additional 154,174 shares during the period. 1607 Capital Partners LLC owned 6.14% of John Hancock Investors Trust worth $7,340,000 as of its most recent filing with the SEC.
Several other large investors also recently modified their holdings of the stock. Aviance Capital Partners LLC raised its holdings in shares of John Hancock Investors Trust by 9.3% in the 4th quarter. Aviance Capital Partners LLC now owns 22,238 shares of the financial services provider's stock valued at $304,000 after acquiring an additional 1,888 shares in the last quarter. Noble Wealth Management PBC purchased a new position in shares of John Hancock Investors Trust during the 4th quarter worth about $33,000. LPL Financial LLC raised its stake in John Hancock Investors Trust by 10.2% in the fourth quarter. LPL Financial LLC now owns 45,361 shares of the financial services provider's stock worth $621,000 after buying an additional 4,213 shares in the last quarter. Invesco Ltd. grew its holdings in shares of John Hancock Investors Trust by 7.0% during the fourth quarter. Invesco Ltd. now owns 69,421 shares of the financial services provider's stock valued at $950,000 after buying an additional 4,551 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new stake in John Hancock Investors Trust in the 3rd quarter valued at $138,000. Institutional investors and hedge funds own 27.01% of the company's stock.
John Hancock Investors Trust Price Performance
NYSE JHI traded down $0.13 during trading hours on Monday, hitting $12.74. 9,557 shares of the company were exchanged, compared to its average volume of 20,189. The company has a 50 day moving average of $13.54 and a two-hundred day moving average of $13.89. John Hancock Investors Trust has a 52-week low of $11.61 and a 52-week high of $14.48.
John Hancock Investors Trust Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 13th were paid a dividend of $0.2349 per share. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.94 annualized dividend and a dividend yield of 7.38%.
John Hancock Investors Trust Company Profile
(
Free Report)
John Hancock Investors Trust is a closed-ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. It invests in the fixed income markets across the globe. The fund primarily invests in a diversified portfolio of corporate and government bonds, debt securities.
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