John Hancock High Yield ETF $JHHY Stock Bought by Sunrise Financial Services LLC

Sunrise Financial Services LLC grew its holdings in shares of John Hancock High Yield ETF (NYSEARCA:JHHY) by 121,841.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 95,114 shares of the company’s stock after purchasing an additional 95,036 shares during the period. John Hancock High Yield ETF makes up about 1.3% of Sunrise Financial Services LLC’s portfolio, making the stock its 20th biggest holding. Sunrise Financial Services LLC owned about 1.75% of John Hancock High Yield ETF worth $2,347,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JHHY. Envestnet Portfolio Solutions Inc. increased its position in John Hancock High Yield ETF by 19.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,434 shares of the company’s stock valued at $343,000 after buying an additional 2,198 shares in the last quarter. CoreCap Advisors LLC grew its stake in shares of John Hancock High Yield ETF by 7.9% during the second quarter. CoreCap Advisors LLC now owns 20,938 shares of the company’s stock worth $535,000 after acquiring an additional 1,524 shares during the last quarter. Simplicity Wealth LLC grew its stake in shares of John Hancock High Yield ETF by 27.9% during the first quarter. Simplicity Wealth LLC now owns 69,228 shares of the company’s stock worth $1,755,000 after acquiring an additional 15,088 shares during the last quarter. Iams Wealth Management LLC purchased a new stake in shares of John Hancock High Yield ETF during the third quarter worth about $1,805,000. Finally, NewEdge Advisors LLC increased its holdings in shares of John Hancock High Yield ETF by 2.1% during the first quarter. NewEdge Advisors LLC now owns 81,452 shares of the company’s stock valued at $2,064,000 after acquiring an additional 1,668 shares in the last quarter.

John Hancock High Yield ETF Stock Performance

JHHY opened at $24.60 on Thursday. The firm’s 50-day moving average price is $25.15 and its 200-day moving average price is $25.46. John Hancock High Yield ETF has a 52-week low of $24.51 and a 52-week high of $26.33.

John Hancock High Yield ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a dividend of $0.1304 per share. The ex-dividend date of this dividend was Monday, September 28th. This represents a $1.56 annualized dividend and a yield of 6.4%. This is a drop from John Hancock High Yield ETF’s previous monthly dividend of $0.1434.

John Hancock High Yield ETF Profile

The John Hancock High Yield ETF (JHHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a diversified portfolio of US dollar-denominated high-yield corporate bonds. The fund aims to maximize income with capital growth as a secondary objective JHHY was launched on May 1, 2024 and is issued by John Hancock.