John Hancock Financial Opportunities Fund (NYSE:BTO) Reaches New 1-Year High – Still a Buy?

Posted by Francis Steltz on Jul 1st, 2026

John Hancock Financial Opportunities Fund (NYSE:BTO – Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $39.86 and last traded at $39.6350, with a volume of 11077 shares changing hands. The stock had previously closed at $39.42.

John Hancock Financial Opportunities Fund Stock Performance

The business has a fifty day moving average of $37.11 and a 200 day moving average of $36.60.

John Hancock Financial Opportunities Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 11th were paid a dividend of $0.65 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 6.4%.

Hedge Funds Weigh In On John Hancock Financial Opportunities Fund

Institutional investors have recently bought and sold shares of the stock. Wells Fargo & Company MN raised its holdings in John Hancock Financial Opportunities Fund by 3.7% in the fourth quarter. Wells Fargo & Company MN now owns 667,192 shares of the financial services provider’s stock worth $23,405,000 after purchasing an additional 23,822 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of John Hancock Financial Opportunities Fund by 5.3% in the 2nd quarter. Raymond James Financial Inc. now owns 558,810 shares of the financial services provider’s stock worth $19,793,000 after buying an additional 28,231 shares during the period. Royal Bank of Canada increased its stake in John Hancock Financial Opportunities Fund by 3.3% during the 1st quarter. Royal Bank of Canada now owns 267,804 shares of the financial services provider’s stock valued at $9,606,000 after purchasing an additional 8,443 shares in the last quarter. FCA Corp TX grew its stake in shares of John Hancock Financial Opportunities Fund by 2.4% in the first quarter. FCA Corp TX now owns 88,984 shares of the financial services provider’s stock worth $3,192,000 after acquiring an additional 2,064 shares during the period. Finally, Stifel Financial Corp raised its stake in John Hancock Financial Opportunities Fund by 0.3% during the 4th quarter. Stifel Financial Corp now owns 86,733 shares of the financial services provider’s stock valued at $3,043,000 after buying an additional 302 shares during the last quarter. 19.55% of the stock is owned by institutional investors.

John Hancock Financial Opportunities Fund Company Profile

(Get Free Report)

John Hancock Financial Opportunities Fund (NYSE: BTO) is a closed-end management investment company sponsored by John Hancock Investment Management, a division of Manulife Investment Management. Since its inception in August 2004, the fund has sought to deliver total return through a combination of current income and capital appreciation. As a publicly traded fund, it offers investors access to a diversified portfolio of financial services companies that might otherwise require direct equity investments or specialized mandates.

The fund primarily invests in common stocks, preferred stocks and convertible securities issued by companies in the banking, insurance, brokerage and specialty finance sectors.