Cornerstone Wealth Management LLC Purchases 350,939 Shares of John Hancock Core Bond ETF $JHCR

Cornerstone Wealth Management LLC purchased a new stake in John Hancock Core Bond ETF (NYSEARCA:JHCR) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 350,939 shares of the company’s stock, valued at approximately $8,440,000. Cornerstone Wealth Management LLC owned 0.32% of John Hancock Core Bond ETF at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Citadel Advisors LLC bought a new stake in shares of John Hancock Core Bond ETF in the 2nd quarter worth about $288,000. Pine Valley Investments Ltd Liability Co bought a new position in John Hancock Core Bond ETF during the 1st quarter valued at about $400,000. Kensington Asset Management LLC acquired a new position in John Hancock Core Bond ETF in the second quarter valued at about $646,000. Envestnet Portfolio Solutions Inc. acquired a new position in John Hancock Core Bond ETF in the second quarter valued at about $889,000. Finally, CoreCap Advisors LLC bought a new stake in John Hancock Core Bond ETF during the second quarter worth about $1,427,000.

John Hancock Core Bond ETF Stock Down 0.7%

NYSEARCA JHCR opened at $24.47 on Wednesday. The company has a 50 day moving average of $24.40 and a 200-day moving average of $25.06. John Hancock Core Bond ETF has a 1-year low of $23.89 and a 1-year high of $25.83.

John Hancock Core Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 28th were issued a dividend of $0.0982 per share. The ex-dividend date of this dividend was Wednesday, October 28th. This represents a $1.18 dividend on an annualized basis and a yield of 4.8%. This is a positive change from John Hancock Core Bond ETF’s previous monthly dividend of $0.0853.

John Hancock Core Bond ETF Company Profile

The John Hancock Core Bond ETF (JHCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in US investment-grade bonds, maintaining a focus on sound credit quality. The fund aims to provide a high level of current income while prioritizing the preservation of capital and liquidity JHCR was launched on Dec 18, 2024 and is issued by John Hancock.