Guggenheim Capital LLC Reduces Position in John Hancock Investors Trust (NYSE:JHI)

Guggenheim Capital LLC trimmed its holdings in shares of John Hancock Investors Trust (NYSE:JHI – Get Rating) by 19.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 119,380 shares of the financial services provider’s stock after selling 28,367 shares during the quarter. Guggenheim Capital LLC owned 1.37% of John Hancock Investors Trust worth $1,440,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of JHI. NewEdge Advisors LLC increased its holdings in John Hancock Investors Trust by 2.8% in the second quarter. NewEdge Advisors LLC now owns 50,151 shares of the financial services provider’s stock valued at $661,000 after buying an additional 1,363 shares during the last quarter. Hoertkorn Richard Charles increased its holdings in John Hancock Investors Trust by 13.2% in the third quarter. Hoertkorn Richard Charles now owns 17,200 shares of the financial services provider’s stock valued at $207,000 after buying an additional 2,000 shares during the last quarter. Avion Wealth bought a new stake in John Hancock Investors Trust in the third quarter valued at about $60,000. Invesco Ltd. increased its holdings in John Hancock Investors Trust by 24.5% in the first quarter. Invesco Ltd. now owns 39,541 shares of the financial services provider’s stock valued at $664,000 after buying an additional 7,777 shares during the last quarter. Finally, Stratos Wealth Partners LTD. increased its holdings in John Hancock Investors Trust by 23.4% in the third quarter. Stratos Wealth Partners LTD. now owns 69,050 shares of the financial services provider’s stock valued at $833,000 after buying an additional 13,105 shares during the last quarter. 9.21% of the stock is owned by hedge funds and other institutional investors.

John Hancock Investors Trust Stock Performance

Shares of JHI stock opened at $13.00 on Monday. The business has a 50 day moving average of $13.15 and a two-hundred day moving average of $12.99. John Hancock Investors Trust has a 52 week low of $11.80 and a 52 week high of $17.39.

John Hancock Investors Trust Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Shareholders of record on Monday, March 13th will be paid a $0.192 dividend. The ex-dividend date of this dividend is Friday, March 10th. This represents a $0.77 dividend on an annualized basis and a yield of 5.91%.

John Hancock Investors Trust Company Profile

(Get Rating)

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.