Stratos Wealth Partners LTD. Lowers Stock Holdings in John Hancock Investors Trust $JHI

Stratos Wealth Partners LTD. trimmed its position in shares of John Hancock Investors Trust (NYSE:JHI) by 64.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (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. owned 0.44% of John Hancock Investors Trust worth $533,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JHI. Aviance Capital Partners LLC boosted its holdings in John Hancock Investors Trust by 23.5% during the 1st quarter. Aviance Capital Partners LLC now owns 27,474 shares of the financial services provider’s stock valued at $373,000 after acquiring an additional 5,236 shares during the period. Riverbridge Partners LLC boosted its holdings in John Hancock Investors Trust by 3.8% during the 2nd quarter. Riverbridge Partners LLC now owns 32,854 shares of the financial services provider’s stock valued at $455,000 after acquiring an additional 1,204 shares during the period. Invesco Ltd. boosted its holdings in 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 valued at $974,000 after acquiring an additional 2,370 shares during the period. Shaker Financial Services LLC boosted its holdings in John Hancock Investors Trust by 39.3% during 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 acquiring an additional 41,285 shares during the period. Finally, Sit Investment Associates Inc. boosted its holdings in 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 valued at $4,574,000 after acquiring an additional 10,086 shares during the period. 27.01% of the stock is currently owned by hedge funds and other institutional investors.

John Hancock Investors Trust Stock Performance

Shares of John Hancock Investors Trust stock opened at $13.73 on Friday. The business has a 50-day moving average of $14.06 and a 200 day moving average of $13.70. John Hancock Investors Trust has a 12 month low of $11.61 and a 12 month high of $14.51.

John Hancock Investors Trust Increases Dividend

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

About John Hancock Investors Trust

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.