Shares of John Hancock Premium Dividend Fund (NYSE:PDT - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $12.83 and traded as high as $13.38. John Hancock Premium Dividend Fund shares last traded at $13.31, with a volume of 177,228 shares changing hands.
John Hancock Premium Dividend Fund Stock Down 0.1%
The stock has a fifty day moving average price of $13.13 and a 200-day moving average price of $12.84.
John Hancock Premium Dividend Fund Announces Dividend
The business also recently disclosed a monthly dividend, which was paid on Thursday, July 31st. Shareholders of record on Friday, July 11th were issued a dividend of $0.0825 per share. The ex-dividend date of this dividend was Friday, July 11th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.
Institutional Trading of John Hancock Premium Dividend Fund
Several hedge funds have recently modified their holdings of PDT. First Horizon Advisors Inc. acquired a new position in shares of John Hancock Premium Dividend Fund in the 1st quarter worth approximately $42,000. Ameriflex Group Inc. acquired a new position in John Hancock Premium Dividend Fund in the fourth quarter worth $77,000. Landscape Capital Management L.L.C. bought a new stake in shares of John Hancock Premium Dividend Fund during the fourth quarter worth $146,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of John Hancock Premium Dividend Fund by 11.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,903 shares of the real estate investment trust's stock valued at $177,000 after buying an additional 1,400 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of John Hancock Premium Dividend Fund by 8.9% in the first quarter. Janney Montgomery Scott LLC now owns 19,749 shares of the real estate investment trust's stock valued at $258,000 after buying an additional 1,614 shares during the last quarter. Institutional investors and hedge funds own 12.98% of the company's stock.
About John Hancock Premium Dividend Fund
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John Hancock Premium Dividend Fund is a closed ended equity 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 public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.
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