John Hancock Core Bond ETF (NYSEARCA:JHCR) Sees Significant Decrease in Short Interest

John Hancock Core Bond ETF (NYSEARCA:JHCR) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 31,464 shares, a decline of 47.3% from the August 15th total of 59,749 shares. Based on an average daily volume of 43,189 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.0% of the shares of the company are sold short.

John Hancock Core Bond ETF Stock Down 0.3%

John Hancock Core Bond ETF stock traded down $0.07 during trading hours on Tuesday, reaching $24.46. 48,558 shares of the company were exchanged, compared to its average volume of 631,609. The stock has a 50-day moving average of $24.94 and a 200 day moving average of $25.20. John Hancock Core Bond ETF has a 12 month low of $24.41 and a 12 month high of $25.90.

John Hancock Core Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 29th were paid a $0.0993 dividend. The ex-dividend date was Wednesday, July 29th. This is a positive change from John Hancock Core Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kensington Asset Management LLC acquired a new position in John Hancock Core Bond ETF during the 2nd quarter worth $646,000. The Manufacturers Life Insurance Company grew its position in shares of John Hancock Core Bond ETF by 12,123.0% in the first quarter. The Manufacturers Life Insurance Company now owns 87,272,135 shares of the company’s stock valued at $2,208,273,000 after purchasing an additional 86,558,135 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in shares of John Hancock Core Bond ETF in the second quarter valued at about $4,647,000. CoreCap Advisors LLC bought a new position in shares of John Hancock Core Bond ETF in the second quarter worth about $1,427,000. Finally, Citadel Advisors LLC bought a new position in shares of John Hancock Core Bond ETF in the second quarter worth about $288,000.

About John Hancock Core Bond ETF

The John Hancock Core Bond ETF (JHCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in US investment-grade bonds, maintaining a focus on sound credit quality. The fund aims to provide a high level of current income while prioritizing the preservation of capital and liquidity JHCR was launched on Dec 18, 2024 and is issued by John Hancock.