Shaker Financial Services LLC reduced its stake in shares of John Hancock Investors Trust (NYSE:JHI - Free Report) by 32.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 138,470 shares of the financial services provider's stock after selling 65,019 shares during the quarter. Shaker Financial Services LLC owned approximately 1.58% of John Hancock Investors Trust worth $1,947,000 as of its most recent SEC filing.
A number of other institutional investors also recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC boosted its stake in John Hancock Investors Trust by 1.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 101,503 shares of the financial services provider's stock valued at $1,427,000 after acquiring an additional 1,015 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of John Hancock Investors Trust by 2.0% in the 3rd quarter. Capital Investment Advisors LLC now owns 153,018 shares of the financial services provider's stock worth $2,151,000 after purchasing an additional 2,940 shares in the last quarter. Finally, Simplicity Wealth LLC purchased a new position in John Hancock Investors Trust during the 2nd quarter worth $178,000. Institutional investors own 27.01% of the company's stock.
John Hancock Investors Trust Trading Down 0.1 %
John Hancock Investors Trust stock traded down $0.02 during midday trading on Thursday, reaching $14.16. The company's stock had a trading volume of 38,822 shares, compared to its average volume of 22,588. The stock's 50-day simple moving average is $14.01 and its 200-day simple moving average is $13.62. John Hancock Investors Trust has a 52-week low of $12.33 and a 52-week high of $14.48.
John Hancock Investors Trust Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a $0.3134 dividend. The ex-dividend date of this dividend was Friday, September 13th. This is a boost from John Hancock Investors Trust's previous quarterly dividend of $0.22. This represents a $1.25 dividend on an annualized basis and a yield of 8.85%.
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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