John Hancock Premium Dividend Fund (NYSE:PDT - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.37 and traded as high as $12.93. John Hancock Premium Dividend Fund shares last traded at $12.92, with a volume of 96,847 shares trading hands.
John Hancock Premium Dividend Fund Stock Performance
The business has a 50 day moving average of $13.16 and a 200-day moving average of $12.37.
John Hancock Premium Dividend Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Tuesday, November 12th will be given a dividend of $0.0825 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $0.99 annualized dividend and a yield of 7.70%.
Institutional Trading of John Hancock Premium Dividend Fund
Several hedge funds and other institutional investors have recently made changes to their positions in PDT. Axxcess Wealth Management LLC boosted its stake in John Hancock Premium Dividend Fund by 15.3% in the 1st quarter. Axxcess Wealth Management LLC now owns 436,326 shares of the real estate investment trust's stock worth $5,083,000 after purchasing an additional 57,786 shares during the period. Advisors Asset Management Inc. bought a new position in John Hancock Premium Dividend Fund in the first quarter worth approximately $671,000. Second Line Capital LLC grew its holdings in shares of John Hancock Premium Dividend Fund by 11.3% during the first quarter. Second Line Capital LLC now owns 41,561 shares of the real estate investment trust's stock valued at $484,000 after buying an additional 4,207 shares during the last quarter. Pathway Financial Advisers LLC purchased a new stake in shares of John Hancock Premium Dividend Fund during the first quarter valued at $2,561,000. Finally, Mosaic Family Wealth Partners LLC grew its holdings in shares of John Hancock Premium Dividend Fund by 42.0% during the first quarter. Mosaic Family Wealth Partners LLC now owns 39,144 shares of the real estate investment trust's stock valued at $456,000 after buying an additional 11,586 shares during the last quarter. Hedge funds and other institutional investors own 12.98% of the company's stock.
John Hancock Premium Dividend Fund Company Profile
(
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John Hancock Premium Dividend 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 of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.
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