John Hancock Core Bond ETF (NYSEARCA:JHCR – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 56,126 shares, an increase of 694.9% from the October 15th total of 7,061 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 460,223 shares, the days-to-cover ratio is presently 0.1 days.
John Hancock Core Bond ETF Stock Down 0.7%
Shares of NYSEARCA JHCR opened at $24.47 on Wednesday. John Hancock Core Bond ETF has a 52 week low of $23.89 and a 52 week high of $25.83. The firm’s fifty day moving average is $24.40 and its 200 day moving average is $25.06.
John Hancock Core Bond ETF Increases Dividend
The company also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 28th were paid a dividend of $0.0982 per share. This represents a $1.18 annualized dividend and a dividend yield of 4.8%. This is a positive change from John Hancock Core Bond ETF’s previous monthly dividend of $0.0853. The ex-dividend date of this dividend was Wednesday, October 28th.
Institutional Trading of John Hancock Core Bond ETF
A number of institutional investors have recently modified their holdings of the company. Kensington Asset Management LLC bought a new stake in shares of John Hancock Core Bond ETF in the second quarter worth about $646,000. The Manufacturers Life Insurance Company raised its position in John Hancock Core Bond ETF by 12,123.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 87,272,135 shares of the company’s stock valued at $2,208,273,000 after purchasing an additional 86,558,135 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in John Hancock Core Bond ETF during the 2nd quarter valued at approximately $4,647,000. Henderson Brothers Financial Partners LLC bought a new position in John Hancock Core Bond ETF during the 3rd quarter valued at approximately $26,383,000. Finally, Simplicity Wealth LLC lifted its holdings in John Hancock Core Bond ETF by 72.4% in the 3rd quarter. Simplicity Wealth LLC now owns 351,056 shares of the company’s stock worth $8,443,000 after buying an additional 147,387 shares during the period.
About John Hancock Core Bond ETF
The John Hancock Core Bond ETF (JHCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in US investment-grade bonds, maintaining a focus on sound credit quality. The fund aims to provide a high level of current income while prioritizing the preservation of capital and liquidity JHCR was launched on Dec 18, 2024 and is issued by John Hancock.
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