JPMorgan Chase & Co. Buys Shares of 33,769 John Hancock Corporate Bond ETF $JHCB

JPMorgan Chase & Co. bought a new stake in John Hancock Corporate Bond ETF (NYSEARCA:JHCB) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 33,769 shares of the company’s stock, valued at approximately $733,000. JPMorgan Chase & Co. owned 1.01% of John Hancock Corporate Bond ETF as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Advisory Services Network LLC increased its holdings in John Hancock Corporate Bond ETF by 81.0% in the 3rd quarter. Advisory Services Network LLC now owns 34,961 shares of the company’s stock valued at $759,000 after buying an additional 15,645 shares during the period. NewEdge Advisors LLC increased its holdings in John Hancock Corporate Bond ETF by 140.3% in the 3rd quarter. NewEdge Advisors LLC now owns 3,605 shares of the company’s stock valued at $78,000 after buying an additional 2,105 shares during the period. Citadel Advisors LLC bought a new position in John Hancock Corporate Bond ETF in the 3rd quarter valued at about $548,000. Envestnet Asset Management Inc. increased its holdings in John Hancock Corporate Bond ETF by 0.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 211,147 shares of the company’s stock valued at $4,586,000 after buying an additional 1,760 shares during the period. Finally, Legacy CG LLC bought a new position in John Hancock Corporate Bond ETF in the 3rd quarter valued at about $8,709,000.

John Hancock Corporate Bond ETF Price Performance

JHCB stock opened at $21.30 on Monday. John Hancock Corporate Bond ETF has a 12 month low of $20.38 and a 12 month high of $22.03. The company’s 50-day moving average price is $21.44 and its two-hundred day moving average price is $21.61.

John Hancock Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Wednesday, February 25th were issued a $0.057 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a c) annualized dividend and a yield of 3.2%. This is an increase from John Hancock Corporate Bond ETF’s previous monthly dividend of $0.06.

John Hancock Corporate Bond ETF Profile

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.