John Hancock Investors Trust (NYSE:JHI - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $13.21 and traded as high as $13.44. John Hancock Investors Trust shares last traded at $13.42, with a volume of 8,538 shares.
John Hancock Investors Trust Trading Down 0.1%
The stock has a 50-day moving average price of $13.19 and a 200 day moving average price of $13.75.
John Hancock Investors Trust Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 13th were paid a $0.2349 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date was Thursday, March 13th.
Hedge Funds Weigh In On John Hancock Investors Trust
A number of hedge funds have recently modified their holdings of the business. Quarry LP purchased a new stake in John Hancock Investors Trust in the 4th quarter valued at $29,000. Noble Wealth Management PBC acquired a new position in John Hancock Investors Trust in the fourth quarter valued at $33,000. Aviance Capital Partners LLC raised its holdings in shares of John Hancock Investors Trust by 9.3% in the fourth quarter. Aviance Capital Partners LLC now owns 22,238 shares of the financial services provider's stock valued at $304,000 after buying an additional 1,888 shares during the last quarter. Riverbridge Partners LLC boosted its stake in shares of John Hancock Investors Trust by 10.8% during the first quarter. Riverbridge Partners LLC now owns 31,650 shares of the financial services provider's stock worth $429,000 after buying an additional 3,090 shares during the period. Finally, Morey & Quinn Wealth Partners LLC purchased a new position in shares of John Hancock Investors Trust during the fourth quarter worth about $595,000. 27.01% of the stock is currently owned by hedge funds and other institutional investors.
About John Hancock Investors Trust
(
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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.
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