18,116 Shares in John Hancock Preferred Income Fund III (NYSE:HPS) Bought by Walleye Capital LLC

Walleye Capital LLC acquired a new position in John Hancock Preferred Income Fund III (NYSE:HPS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 18,116 shares of the company’s stock, valued at approximately $272,000.

A number of other institutional investors have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB purchased a new position in shares of John Hancock Preferred Income Fund III in the 3rd quarter worth about $34,000. B. Riley Wealth Advisors Inc. bought a new stake in John Hancock Preferred Income Fund III in the third quarter worth about $176,000. Tallon Kerry Patrick purchased a new position in John Hancock Preferred Income Fund III in the fourth quarter valued at about $360,000. Janney Montgomery Scott LLC bought a new position in shares of John Hancock Preferred Income Fund III during the 4th quarter valued at approximately $358,000. Finally, Fifth Third Bancorp purchased a new stake in shares of John Hancock Preferred Income Fund III during the 4th quarter worth approximately $41,000.

John Hancock Preferred Income Fund III Stock Down 0.4 %

NYSE:HPS opened at $14.29 on Friday. The firm’s 50 day moving average is $14.71 and its 200 day moving average is $15.22. John Hancock Preferred Income Fund III has a 12 month low of $13.08 and a 12 month high of $17.25.

John Hancock Preferred Income Fund III Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Friday, April 11th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 9.24%.

John Hancock Preferred Income Fund III Company Profile

John Hancock Preferred Income Fund III 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. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.