Capital Investment Advisors LLC Grows Holdings in John Hancock Investors Trust (NYSE:JHI)

Posted by on Jun 21st, 2023

Capital Investment Advisors LLC grew its stake in John Hancock Investors Trust (NYSE:JHI – Get Rating) by 15.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 77,503 shares of the financial services provider’s stock after acquiring an additional 10,470 shares during the period. Capital Investment Advisors LLC owned about 0.89% of John Hancock Investors Trust worth $984,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in JHI. NewEdge Advisors LLC raised its stake in shares of John Hancock Investors Trust by 6.0% in the 1st quarter. NewEdge Advisors LLC now owns 48,788 shares of the financial services provider’s stock valued at $819,000 after acquiring an additional 2,751 shares during the period. Invesco Ltd. raised its stake in shares of John Hancock Investors Trust by 24.5% in the 1st quarter. Invesco Ltd. now owns 39,541 shares of the financial services provider’s stock valued at $664,000 after acquiring an additional 7,777 shares during the period. Shaker Financial Services LLC purchased a new stake in John Hancock Investors Trust during the 4th quarter worth approximately $721,000. UBS Group AG increased its stake in John Hancock Investors Trust by 13.9% during the 4th quarter. UBS Group AG now owns 15,160 shares of the financial services provider’s stock worth $190,000 after buying an additional 1,850 shares during the period. Finally, Bank of America Corp DE increased its stake in John Hancock Investors Trust by 46.5% during the 4th quarter. Bank of America Corp DE now owns 72,627 shares of the financial services provider’s stock worth $911,000 after buying an additional 23,059 shares during the period. 12.77% of the stock is owned by hedge funds and other institutional investors.

John Hancock Investors Trust Stock Up 0.2 %

Shares of JHI opened at $12.65 on Wednesday. John Hancock Investors Trust has a fifty-two week low of $11.80 and a fifty-two week high of $14.88. The firm’s 50 day moving average price is $12.63 and its 200 day moving average price is $12.78.

John Hancock Investors Trust Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Monday, June 12th will be paid a dividend of $0.2152 per share. This is an increase from John Hancock Investors Trust’s previous quarterly dividend of $0.19. This represents a $0.86 annualized dividend and a yield of 6.80%. The ex-dividend date of this dividend is Friday, June 9th.

John Hancock Investors Trust Company Profile

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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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Institutional Ownership by Quarter for John Hancock Investors Trust (NYSE:JHI)

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