John Hancock Corporate Bond ETF (NYSEARCA:JHCB – Get Free Report) shares dropped 0.2% during mid-day trading on Monday . The stock traded as low as $20.76 and last traded at $20.78. Approximately 12,358 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 25,757 shares. The stock had previously closed at $20.83.
John Hancock Corporate Bond ETF Trading Down 0.0%
The business has a fifty day simple moving average of $21.04 and a 200-day simple moving average of $21.25.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC increased its stake in John Hancock Corporate Bond ETF by 326.4% in the first quarter. Jane Street Group LLC now owns 65,185 shares of the company’s stock valued at $1,384,000 after purchasing an additional 49,899 shares in the last quarter. NewEdge Advisors LLC bought a new position in shares of John Hancock Corporate Bond ETF during the 2nd quarter worth about $32,000. Advisory Services Network LLC bought a new position in shares of John Hancock Corporate Bond ETF during the 2nd quarter worth about $412,000. Osaic Holdings Inc. grew its stake in shares of John Hancock Corporate Bond ETF by 17.5% in the 2nd quarter. Osaic Holdings Inc. now owns 48,109 shares of the company’s stock valued at $1,031,000 after buying an additional 7,150 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in shares of John Hancock Corporate Bond ETF in the 3rd quarter valued at about $733,000.
About John Hancock Corporate Bond ETF
The John Hancock Corporate Bond ETF (JHCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is actively managed to focus on investment-grade corporate bonds, of any maturity, that are perceived as undervalued. JHCB was launched on Mar 30, 2021 and is managed by John Hancock.
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