John Hancock Financial Opportunities Fund (NYSE:BTO - Get Free Report)'s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $36.73 and traded as high as $37.34. John Hancock Financial Opportunities Fund shares last traded at $37.28, with a volume of 61,789 shares traded.
John Hancock Financial Opportunities Fund Stock Performance
The business has a 50 day moving average of $36.63 and a 200 day moving average of $34.70.
John Hancock Financial Opportunities Fund Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, December 12th were issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 6.80%. The ex-dividend date was Thursday, December 12th.
Institutional Trading of John Hancock Financial Opportunities Fund
A number of large investors have recently made changes to their positions in the business. Gilliland Jeter Wealth Management LLC increased its position in shares of John Hancock Financial Opportunities Fund by 7.5% during the 3rd quarter. Gilliland Jeter Wealth Management LLC now owns 34,570 shares of the financial services provider's stock valued at $1,146,000 after purchasing an additional 2,407 shares during the last quarter. Private Advisor Group LLC increased its position in John Hancock Financial Opportunities Fund by 7.8% during the third quarter. Private Advisor Group LLC now owns 13,978 shares of the financial services provider's stock valued at $464,000 after acquiring an additional 1,015 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of John Hancock Financial Opportunities Fund by 3,216.0% in the third quarter. International Assets Investment Management LLC now owns 60,517 shares of the financial services provider's stock valued at $1,825,000 after acquiring an additional 58,692 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of John Hancock Financial Opportunities Fund in the 3rd quarter worth about $210,000. Finally, US Bancorp DE bought a new stake in shares of John Hancock Financial Opportunities Fund in the 3rd quarter worth about $30,000. 19.55% of the stock is currently owned by institutional investors.
About John Hancock Financial Opportunities Fund
(
Get Free Report)
John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector.
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