John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Short Interest Update

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) was the target of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 797 shares, a decline of 70.8% from the August 31st total of 2,734 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 33,099 shares, the days-to-cover ratio is presently 0.0 days.

John Hancock Mortgage-Backed Securities ETF Stock Performance

Shares of NYSEARCA JHMB opened at $21.03 on Friday. John Hancock Mortgage-Backed Securities ETF has a 12 month low of $20.95 and a 12 month high of $22.60. The firm has a fifty day simple moving average of $21.54 and a two-hundred day simple moving average of $21.83.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 29th were paid a dividend of $0.0996 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend was Wednesday, July 29th. This is a positive change from John Hancock Mortgage-Backed Securities ETF’s previous monthly dividend of $0.0905.

Hedge Funds Weigh In On John Hancock Mortgage-Backed Securities ETF

A number of institutional investors have recently bought and sold shares of the stock. Fidelity D & D Bancorp Inc. lifted its holdings in John Hancock Mortgage-Backed Securities ETF by 7.1% in the first quarter. Fidelity D & D Bancorp Inc. now owns 414,145 shares of the company’s stock worth $9,117,000 after buying an additional 27,275 shares during the period. J. R. Prunier Capital Management LLC boosted its position in John Hancock Mortgage-Backed Securities ETF by 26.5% during the 1st quarter. J. R. Prunier Capital Management LLC now owns 78,499 shares of the company’s stock valued at $1,728,000 after acquiring an additional 16,427 shares in the last quarter. Finally, Cadence Wealth Management LLC grew its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 14.5% during the 1st quarter. Cadence Wealth Management LLC now owns 14,529 shares of the company’s stock worth $320,000 after acquiring an additional 1,845 shares during the period.

John Hancock Mortgage-Backed Securities ETF Company Profile

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.