John Hancock Investors Trust (NYSE:JHI) Position Trimmed by Shaker Financial Services LLC

Shaker Financial Services LLC decreased its position in John Hancock Investors Trust (NYSE:JHI) by 32.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 138,470 shares of the financial services provider’s stock after selling 65,019 shares during the quarter. Shaker Financial Services LLC owned about 1.58% of John Hancock Investors Trust worth $1,947,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in JHI. Allspring Global Investments Holdings LLC boosted its position in John Hancock Investors Trust by 1.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 101,503 shares of the financial services provider’s stock worth $1,427,000 after purchasing an additional 1,015 shares during the period. Simplicity Wealth LLC acquired a new position in shares of John Hancock Investors Trust during the second quarter worth approximately $178,000. Finally, Capital Investment Advisors LLC lifted its holdings in shares of John Hancock Investors Trust by 2.0% during the third quarter. Capital Investment Advisors LLC now owns 153,018 shares of the financial services provider’s stock worth $2,151,000 after buying an additional 2,940 shares during the last quarter. Institutional investors own 27.01% of the company’s stock.

John Hancock Investors Trust Stock Performance

Shares of NYSE JHI opened at $14.13 on Thursday. John Hancock Investors Trust has a one year low of $12.33 and a one year high of $14.48. The business has a fifty day simple moving average of $14.00 and a 200 day simple moving average of $13.62.

John Hancock Investors Trust Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were given a $0.3134 dividend. This is a boost from John Hancock Investors Trust’s previous quarterly dividend of $0.22. This represents a $1.25 annualized dividend and a yield of 8.88%. The ex-dividend date was Friday, September 13th.

John Hancock Investors Trust Company Profile

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.