155,868 Shares in John Hancock High Yield ETF $JHHY Acquired by NewEdge Wealth LLC

NewEdge Wealth LLC purchased a new position in shares of John Hancock High Yield ETF (NYSEARCA:JHHY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 155,868 shares of the company’s stock, valued at approximately $4,026,000. NewEdge Wealth LLC owned approximately 5.73% of John Hancock High Yield ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CWM LLC acquired a new position in John Hancock High Yield ETF during the 3rd quarter worth approximately $49,000. Osaic Holdings Inc. acquired a new position in John Hancock High Yield ETF during the 2nd quarter worth approximately $88,000. CoreCap Advisors LLC lifted its position in John Hancock High Yield ETF by 3.7% during the 3rd quarter. CoreCap Advisors LLC now owns 11,160 shares of the company’s stock worth $291,000 after acquiring an additional 401 shares in the last quarter. Citadel Advisors LLC acquired a new position in John Hancock High Yield ETF during the 3rd quarter worth approximately $511,000. Finally, Jane Street Group LLC lifted its position in John Hancock High Yield ETF by 490.1% during the 1st quarter. Jane Street Group LLC now owns 53,826 shares of the company’s stock worth $1,366,000 after acquiring an additional 44,704 shares in the last quarter.

John Hancock High Yield ETF Price Performance

John Hancock High Yield ETF stock opened at $25.66 on Tuesday. The stock’s 50 day moving average price is $25.60 and its 200 day moving average price is $25.84. John Hancock High Yield ETF has a one year low of $25.04 and a one year high of $26.33.

John Hancock High Yield ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, February 25th were given a dividend of $0.0944 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a c) annualized dividend and a yield of 4.4%.

John Hancock High Yield ETF Profile

The John Hancock High Yield ETF (JHHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a diversified portfolio of US dollar-denominated high-yield corporate bonds. The fund aims to maximize income with capital growth as a secondary objective JHHY was launched on May 1, 2024 and is issued by John Hancock.