Journey Strategic Wealth LLC Has $10.90 Million Stake in John Hancock Mortgage-Backed Securities ETF $JHMB

Journey Strategic Wealth LLC lifted its holdings in shares of John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) by 7.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 492,313 shares of the company’s stock after acquiring an additional 33,565 shares during the quarter. John Hancock Mortgage-Backed Securities ETF makes up about 0.3% of Journey Strategic Wealth LLC’s portfolio, making the stock its 29th biggest holding. Journey Strategic Wealth LLC owned 6.52% of John Hancock Mortgage-Backed Securities ETF worth $10,895,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. HighTower Advisors LLC raised its stake in John Hancock Mortgage-Backed Securities ETF by 3.4% in the 3rd quarter. HighTower Advisors LLC now owns 1,030,323 shares of the company’s stock valued at $22,801,000 after acquiring an additional 33,547 shares during the period. Flagship Harbor Advisors LLC boosted its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 15.6% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 314,292 shares of the company’s stock worth $6,955,000 after buying an additional 42,303 shares during the period. Jones Financial Companies Lllp acquired a new position in John Hancock Mortgage-Backed Securities ETF in the 3rd quarter valued at about $288,000. Commonwealth Equity Services LLC raised its holdings in John Hancock Mortgage-Backed Securities ETF by 3.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 256,749 shares of the company’s stock valued at $5,682,000 after acquiring an additional 9,599 shares during the period. Finally, High Falls Advisors Inc bought a new position in John Hancock Mortgage-Backed Securities ETF in the 2nd quarter valued at about $208,000.

John Hancock Mortgage-Backed Securities ETF Stock Performance

Shares of JHMB stock opened at $22.56 on Monday. John Hancock Mortgage-Backed Securities ETF has a 12-month low of $21.29 and a 12-month high of $22.60. The firm has a 50 day moving average price of $22.30 and a two-hundred day moving average price of $22.25.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, February 25th were paid a $0.0573 dividend. This is a boost from John Hancock Mortgage-Backed Securities ETF’s previous monthly dividend of $0.04. The ex-dividend date was Wednesday, February 25th. This represents a c) annualized dividend and a yield of 3.0%.

About John Hancock Mortgage-Backed Securities ETF

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.