John Hancock Corporate Bond ETF (NYSEARCA:JHCB) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its stake in shares of John Hancock Corporate Bond ETF (NYSEARCA:JHCB) by 2.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 220,967 shares of the company’s stock after selling 6,222 shares during the quarter. Envestnet Asset Management Inc. owned about 8.84% of John Hancock Corporate Bond ETF worth $4,623,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Jane Street Group LLC bought a new stake in shares of John Hancock Corporate Bond ETF during the 3rd quarter worth about $1,727,000. LPL Financial LLC acquired a new position in shares of John Hancock Corporate Bond ETF during the fourth quarter valued at approximately $1,364,000. Finally, Granite Bay Wealth Management LLC raised its holdings in John Hancock Corporate Bond ETF by 5.5% during the fourth quarter. Granite Bay Wealth Management LLC now owns 1,130,941 shares of the company’s stock worth $23,659,000 after purchasing an additional 59,354 shares in the last quarter.

John Hancock Corporate Bond ETF Stock Up 0.4 %

Shares of NYSEARCA JHCB opened at $20.73 on Wednesday. John Hancock Corporate Bond ETF has a 1 year low of $20.38 and a 1 year high of $22.20. The stock has a fifty day moving average price of $21.13 and a two-hundred day moving average price of $21.21.

John Hancock Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.0928 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a boost from John Hancock Corporate Bond ETF’s previous dividend of $0.09.

About John Hancock Corporate Bond ETF

The John Hancock Corporate Bond ETF (JHCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is actively managed to focus on investment-grade corporate bonds, of any maturity, that are perceived as undervalued. JHCB was launched on Mar 30, 2021 and is managed by John Hancock.