Stratos Wealth Partners LTD. Decreases Stake in John Hancock Investors Trust $JHI

Stratos Wealth Partners LTD. lessened its stake in John Hancock Investors Trust (NYSE:JHI) by 64.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 38,513 shares of the financial services provider’s stock after selling 70,204 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in John Hancock Investors Trust were worth $533,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in JHI. Aviance Capital Partners LLC boosted its stake in shares of John Hancock Investors Trust by 23.5% in the 1st quarter. Aviance Capital Partners LLC now owns 27,474 shares of the financial services provider’s stock valued at $373,000 after buying an additional 5,236 shares during the period. Shaker Financial Services LLC boosted its stake in shares of John Hancock Investors Trust by 39.3% in the 1st quarter. Shaker Financial Services LLC now owns 146,399 shares of the financial services provider’s stock valued at $1,987,000 after buying an additional 41,285 shares during the period. Invesco Ltd. raised its position in shares of John Hancock Investors Trust by 3.4% during the 1st quarter. Invesco Ltd. now owns 71,791 shares of the financial services provider’s stock worth $974,000 after acquiring an additional 2,370 shares in the last quarter. Sit Investment Associates Inc. raised its position in shares of John Hancock Investors Trust by 3.1% during the 1st quarter. Sit Investment Associates Inc. now owns 337,050 shares of the financial services provider’s stock worth $4,574,000 after acquiring an additional 10,086 shares in the last quarter. Finally, 1607 Capital Partners LLC raised its position in shares of John Hancock Investors Trust by 2.9% during the 1st quarter. 1607 Capital Partners LLC now owns 552,045 shares of the financial services provider’s stock worth $7,491,000 after acquiring an additional 15,500 shares in the last quarter. Hedge funds and other institutional investors own 27.01% of the company’s stock.

John Hancock Investors Trust Price Performance

Shares of NYSE JHI opened at $13.73 on Friday. John Hancock Investors Trust has a fifty-two week low of $11.61 and a fifty-two week high of $14.51. The stock’s 50-day simple moving average is $14.06 and its 200-day simple moving average is $13.70.

John Hancock Investors Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, September 12th were given a dividend of $0.3158 per share. This is a boost from John Hancock Investors Trust’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Friday, September 12th. This represents a $1.26 annualized dividend and a dividend yield of 9.2%.

John Hancock Investors Trust Profile

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.