Fiera Capital Corp Has $1.47 Million Holdings in John Hancock Preferred Income Fund III (NYSE:HPS)

Fiera Capital Corp boosted its holdings in John Hancock Preferred Income Fund III (NYSE:HPS) by 0.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,001 shares of the company’s stock after buying an additional 627 shares during the quarter. Fiera Capital Corp’s holdings in John Hancock Preferred Income Fund III were worth $1,465,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of HPS. Concourse Financial Group Securities Inc. acquired a new stake in John Hancock Preferred Income Fund III in the first quarter valued at about $25,000. US Bancorp DE acquired a new stake in John Hancock Preferred Income Fund III in the third quarter valued at about $76,000. Cetera Advisors LLC acquired a new stake in John Hancock Preferred Income Fund III in the first quarter valued at about $199,000. Pine Valley Investments Ltd Liability Co boosted its stake in John Hancock Preferred Income Fund III by 10.6% in the second quarter. Pine Valley Investments Ltd Liability Co now owns 18,841 shares of the company’s stock valued at $298,000 after buying an additional 1,800 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in John Hancock Preferred Income Fund III by 3.0% in the second quarter. Commonwealth Equity Services LLC now owns 107,801 shares of the company’s stock valued at $1,704,000 after buying an additional 3,128 shares in the last quarter.

John Hancock Preferred Income Fund III Stock Up 1.5 %

NYSE:HPS opened at $16.34 on Friday. The stock’s 50-day simple moving average is $16.58 and its 200 day simple moving average is $16.03. John Hancock Preferred Income Fund III has a twelve month low of $12.49 and a twelve month high of $17.25.

John Hancock Preferred Income Fund III Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Tuesday, November 12th will be paid a dividend of $0.11 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 8.08%. The ex-dividend date of this dividend is Tuesday, November 12th.

John Hancock Preferred Income Fund III Company Profile

John Hancock Preferred Income Fund III 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. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.