Focused Alpha LLC bought a new stake in John Hancock Core Plus Bond ETF (NYSEARCA:JHCP – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 308,663 shares of the company’s stock, valued at approximately $7,355,000. John Hancock Core Plus Bond ETF comprises 1.8% of Focused Alpha LLC’s investment portfolio, making the stock its 14th biggest position.
Other institutional investors and hedge funds also recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew its stake in shares of John Hancock Core Plus Bond ETF by 47.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,317,059 shares of the company’s stock valued at $158,386,000 after buying an additional 2,033,059 shares during the period. Cetera Investment Advisers raised its position in shares of John Hancock Core Plus Bond ETF by 7.9% during the 1st quarter. Cetera Investment Advisers now owns 564,742 shares of the company’s stock valued at $14,201,000 after buying an additional 41,435 shares during the period. Envestnet Asset Management Inc. raised its position in shares of John Hancock Core Plus Bond ETF by 24.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 54,278 shares of the company’s stock valued at $1,361,000 after buying an additional 10,732 shares during the period. Finally, Citadel Advisors LLC raised its position in shares of John Hancock Core Plus Bond ETF by 74.1% during the 2nd quarter. Citadel Advisors LLC now owns 31,668 shares of the company’s stock valued at $794,000 after buying an additional 13,479 shares during the period.
John Hancock Core Plus Bond ETF Trading Down 0.4%
JHCP opened at $24.03 on Tuesday. John Hancock Core Plus Bond ETF has a one year low of $23.72 and a one year high of $26.14. The business’s 50 day moving average price is $24.37 and its 200 day moving average price is $24.82.
John Hancock Core Plus Bond ETF Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a $0.0894 dividend. This is an increase from John Hancock Core Plus Bond ETF’s previous monthly dividend of $0.0864. This represents a $1.07 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Monday, September 28th.
About John Hancock Core Plus Bond ETF
The John Hancock Core Plus Bond ETF (JHCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed with a focus on a diversified bond portfolio, which includes a potential 20% allocation to high-yield bonds. The fund aims for a high level of current income while also considering ESG factors in its investment analysis JHCP was launched on Dec 18, 2024 and is issued by John Hancock.
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