Invesco Ltd. Buys 4,551 Shares of John Hancock Investors Trust (NYSE:JHI)

Invesco Ltd. lifted its holdings in John Hancock Investors Trust (NYSE:JHI) by 7.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,421 shares of the financial services provider’s stock after acquiring an additional 4,551 shares during the period. Invesco Ltd. owned approximately 0.79% of John Hancock Investors Trust worth $950,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in JHI. Sit Investment Associates Inc. increased its holdings in John Hancock Investors Trust by 48.8% during the 4th quarter. Sit Investment Associates Inc. now owns 326,964 shares of the financial services provider’s stock worth $4,473,000 after purchasing an additional 107,179 shares in the last quarter. Morey & Quinn Wealth Partners LLC bought a new position in John Hancock Investors Trust during the fourth quarter worth about $595,000. Robinson Capital Management LLC grew its stake in John Hancock Investors Trust by 398.3% in the 4th quarter. Robinson Capital Management LLC now owns 43,700 shares of the financial services provider’s stock valued at $598,000 after buying an additional 34,930 shares in the last quarter. LPL Financial LLC raised its stake in shares of John Hancock Investors Trust by 10.2% during the 4th quarter. LPL Financial LLC now owns 45,361 shares of the financial services provider’s stock valued at $621,000 after purchasing an additional 4,213 shares during the period. Finally, Noble Wealth Management PBC bought a new position in John Hancock Investors Trust in the 4th quarter valued at $33,000. 27.01% of the stock is currently owned by institutional investors.

John Hancock Investors Trust Stock Up 0.2 %

JHI stock opened at $13.19 on Friday. The firm’s fifty day moving average is $13.34 and its 200 day moving average is $13.82. John Hancock Investors Trust has a 52 week low of $11.61 and a 52 week high of $14.48.

John Hancock Investors Trust Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 13th were paid a $0.2349 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 7.12%. The ex-dividend date was Thursday, March 13th.

About John Hancock Investors Trust

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.