Aviance Capital Partners LLC Boosts Holdings in John Hancock Investors Trust (NYSE:JHI)

Aviance Capital Partners LLC boosted its position in John Hancock Investors Trust (NYSE:JHI) by 9.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,238 shares of the financial services provider’s stock after purchasing an additional 1,888 shares during the quarter. Aviance Capital Partners LLC’s holdings in John Hancock Investors Trust were worth $304,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Robinson Capital Management LLC lifted its stake in John Hancock Investors Trust by 398.3% in the 4th quarter. Robinson Capital Management LLC now owns 43,700 shares of the financial services provider’s stock worth $598,000 after purchasing an additional 34,930 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in John Hancock Investors Trust in the 3rd quarter worth approximately $402,000. Landscape Capital Management L.L.C. lifted 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 worth $367,000 after purchasing an additional 2,460 shares in the last quarter. HighTower Advisors LLC purchased a new stake in John Hancock Investors Trust in the 3rd quarter worth approximately $138,000. Finally, Noble Wealth Management PBC purchased a new stake in John Hancock Investors Trust in the 4th quarter worth approximately $33,000. 27.01% of the stock is currently owned by hedge funds and other institutional investors.

John Hancock Investors Trust Stock Performance

John Hancock Investors Trust stock opened at $13.91 on Friday. The firm’s fifty day moving average price is $14.03 and its 200-day moving average price is $14.01. John Hancock Investors Trust has a fifty-two week low of $12.82 and a fifty-two week high of $14.48.

John Hancock Investors Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be given a dividend of $0.2349 per share. This represents a $0.94 annualized dividend and a dividend yield of 6.76%. The ex-dividend date of this dividend is Thursday, March 13th.

About John Hancock Investors Trust

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.