John Hancock Investors Trust (NYSE:JHI) Insider Acquires $11,280.00 in Stock

John Hancock Investors Trust (NYSE:JHI) insider Noni L. Ellison purchased 800 shares of the stock in a transaction dated Monday, December 23rd. The shares were bought at an average cost of $14.10 per share, for a total transaction of $11,280.00. Following the completion of the purchase, the insider now owns 1,744 shares in the company, valued at approximately $24,590.40. This trade represents a 84.75 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

John Hancock Investors Trust Trading Down 0.6 %

Shares of NYSE JHI opened at $13.77 on Friday. John Hancock Investors Trust has a 52 week low of $12.82 and a 52 week high of $14.48. The firm has a 50-day moving average price of $14.10 and a 200 day moving average price of $13.78.

John Hancock Investors Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th will be given a dividend of $0.3455 per share. The ex-dividend date is Thursday, December 12th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 10.04%.

Institutional Investors Weigh In On John Hancock Investors Trust

Institutional investors have recently modified their holdings of the company. Landscape Capital Management L.L.C. increased its stake in John Hancock Investors Trust by 10.4% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 26,077 shares of the financial services provider’s stock valued at $367,000 after purchasing an additional 2,460 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in John Hancock Investors Trust by 1.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 101,503 shares of the financial services provider’s stock valued at $1,427,000 after purchasing an additional 1,015 shares during the last quarter. HighTower Advisors LLC purchased a new position in shares of John Hancock Investors Trust in the third quarter valued at $138,000. Integrated Wealth Concepts LLC acquired a new position in shares of John Hancock Investors Trust during the 3rd quarter worth $402,000. Finally, Capital Investment Advisors LLC boosted its position in shares of John Hancock Investors Trust by 2.0% in the 3rd quarter. Capital Investment Advisors LLC now owns 153,018 shares of the financial services provider’s stock worth $2,151,000 after buying an additional 2,940 shares in the last quarter. Hedge funds and other institutional investors own 27.01% of the company’s stock.

John Hancock Investors Trust Company Profile

John Hancock Investors Trust 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. It invests in the fixed income markets across the globe. The fund primarily invests in a diversified portfolio of corporate and government bonds, debt securities.