John Hancock Investors Trust (NYSE:JHI) Director Thomas Rowe Wright Buys 875 Shares of Stock

John Hancock Investors Trust (NYSE:JHI) Director Thomas Rowe Wright bought 875 shares of the stock in a transaction dated Tuesday, April 8th. The shares were bought at an average cost of $12.57 per share, with a total value of $10,998.75. Following the completion of the purchase, the director now directly owns 875 shares of the company’s stock, valued at approximately $10,998.75. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

John Hancock Investors Trust Stock Up 2.5 %

Shares of JHI opened at $12.83 on Thursday. The stock has a fifty day simple moving average of $13.74 and a two-hundred day simple moving average of $13.95. John Hancock Investors Trust has a 52-week low of $11.61 and a 52-week high of $14.48.

John Hancock Investors Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 13th were given a $0.2349 dividend. The ex-dividend date of this dividend was Thursday, March 13th. This represents a $0.94 annualized dividend and a dividend yield of 7.32%.

Institutional Investors Weigh In On John Hancock Investors Trust

Hedge funds have recently modified their holdings of the stock. 1607 Capital Partners LLC boosted its position in John Hancock Investors Trust by 40.3% during the 4th quarter. 1607 Capital Partners LLC now owns 536,545 shares of the financial services provider’s stock valued at $7,340,000 after purchasing an additional 154,174 shares during the period. Sit Investment Associates Inc. lifted its position in shares of John Hancock Investors Trust by 48.8% during the 4th quarter. Sit Investment Associates Inc. now owns 326,964 shares of the financial services provider’s stock worth $4,473,000 after purchasing an additional 107,179 shares during the last quarter. Invesco Ltd. raised its holdings in John Hancock Investors Trust by 7.0% in the 4th quarter. Invesco Ltd. now owns 69,421 shares of the financial services provider’s stock valued at $950,000 after acquiring an additional 4,551 shares in the last quarter. LPL Financial LLC grew its position in John Hancock Investors Trust by 10.2% during the 4th quarter. LPL Financial LLC now owns 45,361 shares of the financial services provider’s stock worth $621,000 after acquiring an additional 4,213 shares during the last quarter. Finally, Robinson Capital Management LLC lifted its holdings in John Hancock Investors Trust by 398.3% during the 4th quarter. Robinson Capital Management LLC now owns 43,700 shares of the financial services provider’s stock worth $598,000 after buying an additional 34,930 shares in the last quarter. 27.01% of the stock is currently owned by hedge funds and other institutional investors.

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.