John Hancock Hedged Equity & Income Fund (NYSE:HEQ) Shares Pass Above 200 Day Moving Average of $10.08

John Hancock Hedged Equity & Income Fund (NYSE:HEQGet Free Report)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.08 and traded as high as $10.54. John Hancock Hedged Equity & Income Fund shares last traded at $10.48, with a volume of 37,351 shares traded.

John Hancock Hedged Equity & Income Fund Price Performance

The stock has a 50-day moving average of $10.20 and a two-hundred day moving average of $10.08.

John Hancock Hedged Equity & Income Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Monday, March 11th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a $1.00 annualized dividend and a yield of 9.53%.

Institutional Trading of John Hancock Hedged Equity & Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vima LLC bought a new stake in John Hancock Hedged Equity & Income Fund in the first quarter valued at approximately $449,000. Commonwealth Equity Services LLC increased its stake in shares of John Hancock Hedged Equity & Income Fund by 1.1% during the first quarter. Commonwealth Equity Services LLC now owns 136,611 shares of the investment management company’s stock valued at $1,433,000 after buying an additional 1,468 shares during the period. B. Riley Wealth Advisors Inc. increased its stake in shares of John Hancock Hedged Equity & Income Fund by 5.7% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 47,409 shares of the investment management company’s stock valued at $476,000 after buying an additional 2,573 shares during the period. Quantedge Capital Pte Ltd purchased a new position in shares of John Hancock Hedged Equity & Income Fund during the fourth quarter valued at approximately $133,000. Finally, 1607 Capital Partners LLC increased its stake in shares of John Hancock Hedged Equity & Income Fund by 93.1% during the fourth quarter. 1607 Capital Partners LLC now owns 61,666 shares of the investment management company’s stock valued at $620,000 after buying an additional 29,730 shares during the period.

John Hancock Hedged Equity & Income Fund Company Profile

(Get Free Report)

John Hancock Hedged Equity & Income Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. The fund is co-managed by Wellington Management Company LLP. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.

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