Guggenheim Capital LLC Sells 22,362 Shares of John Hancock Investors Trust (NYSE:JHI)

Guggenheim Capital LLC decreased its holdings in shares of John Hancock Investors Trust (NYSE:JHI - Free Report) by 11.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 176,545 shares of the financial services provider's stock after selling 22,362 shares during the quarter. Guggenheim Capital LLC owned approximately 2.02% of John Hancock Investors Trust worth $2,415,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. Noble Wealth Management PBC acquired a new position in John Hancock Investors Trust in the fourth quarter valued at about $33,000. HighTower Advisors LLC acquired a new position in shares of John Hancock Investors Trust in the third quarter worth approximately $138,000. Aviance Capital Partners LLC boosted its stake 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 purchasing an additional 1,888 shares during the last quarter. Morey & Quinn Wealth Partners LLC bought a new position in shares of John Hancock Investors Trust in the 4th quarter worth about $595,000. Finally, Robinson Capital Management LLC lifted its stake in John Hancock Investors Trust by 398.3% in the fourth quarter. Robinson Capital Management LLC now owns 43,700 shares of the financial services provider's stock valued at $598,000 after buying an additional 34,930 shares during the period. Institutional investors own 27.01% of the company's stock.

John Hancock Investors Trust Price Performance

Shares of NYSE:JHI traded up $0.03 during trading on Friday, reaching $13.16. 4,875 shares of the stock were exchanged, compared to its average volume of 20,303. The stock has a fifty day moving average of $13.44 and a two-hundred day moving average of $13.86. John Hancock Investors Trust has a 1-year low of $11.61 and a 1-year high of $14.48.

John Hancock Investors Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 13th were given 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 7.14%.

John Hancock Investors Trust Profile

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.