John Hancock Premium Dividend Fund (NYSE:PDT - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.22 and traded as high as $12.91. John Hancock Premium Dividend Fund shares last traded at $12.75, with a volume of 81,586 shares changing hands.
John Hancock Premium Dividend Fund Stock Down 0.6 %
The company's fifty day moving average price is $13.20 and its two-hundred day moving average price is $12.22.
John Hancock Premium Dividend Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Friday, October 11th were paid a dividend of $0.0825 per share. The ex-dividend date was Friday, October 11th. This represents a $0.99 annualized dividend and a yield of 7.76%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Williams Jones Wealth Management LLC. acquired a new stake in John Hancock Premium Dividend Fund in the 1st quarter valued at about $127,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of John Hancock Premium Dividend Fund in the second quarter valued at approximately $164,000. J.W. Cole Advisors Inc. raised its position in John Hancock Premium Dividend Fund by 7.3% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 17,921 shares of the real estate investment trust's stock worth $211,000 after purchasing an additional 1,221 shares during the last quarter. Mosaic Family Wealth Partners LLC lifted its holdings in John Hancock Premium Dividend Fund by 42.0% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 39,144 shares of the real estate investment trust's stock worth $456,000 after buying an additional 11,586 shares in the last quarter. Finally, Calamos Advisors LLC boosted its position in John Hancock Premium Dividend Fund by 46.5% in the 2nd quarter. Calamos Advisors LLC now owns 40,932 shares of the real estate investment trust's stock valued at $482,000 after buying an additional 12,985 shares during the last quarter. 12.98% of the stock is owned by institutional investors and hedge funds.
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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