Morey & Quinn Wealth Partners LLC bought a new stake in John Hancock Investors Trust (NYSE:JHI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 43,527 shares of the financial services provider's stock, valued at approximately $595,000. Morey & Quinn Wealth Partners LLC owned 0.50% of John Hancock Investors Trust as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently made changes to their positions in the company. Robinson Capital Management LLC grew its holdings 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 purchasing an additional 34,930 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in John Hancock Investors Trust in the 3rd quarter valued at about $402,000. HighTower Advisors LLC purchased a new position in John Hancock Investors Trust during the 3rd quarter valued at about $138,000. LPL Financial LLC raised its position in John Hancock Investors Trust by 10.2% during the fourth quarter. LPL Financial LLC now owns 45,361 shares of the financial services provider's stock worth $621,000 after acquiring an additional 4,213 shares during the last quarter. Finally, Noble Wealth Management PBC purchased a new stake in shares of John Hancock Investors Trust in the fourth quarter valued at about $33,000. 27.01% of the stock is currently owned by hedge funds and other institutional investors.
John Hancock Investors Trust Trading Down 0.3 %
Shares of JHI traded down $0.04 during mid-day trading on Friday, reaching $13.55. 25,323 shares of the company's stock were exchanged, compared to its average volume of 19,321. John Hancock Investors Trust has a 52-week low of $12.89 and a 52-week high of $14.48. The company has a 50-day simple moving average of $13.94 and a two-hundred day simple moving average of $14.00.
John Hancock Investors Trust Cuts Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 13th will be given a dividend of $0.2349 per share. This represents a $0.94 annualized dividend and a yield of 6.93%. The ex-dividend date is Thursday, March 13th.
John Hancock Investors Trust 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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