NINE MASTS CAPITAL Ltd lowered its holdings in John Hancock Tax-Advantage Dvd Incom Fd. (NYSE:HTD) by 42.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,800 shares of the company’s stock after selling 5,000 shares during the quarter. NINE MASTS CAPITAL Ltd’s holdings in John Hancock Tax-Advantage Dvd Incom Fd. were worth $159,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Founders Financial Securities LLC purchased a new position in shares of John Hancock Tax-Advantage Dvd Incom Fd. in the 3rd quarter worth approximately $163,000. Raymond James & Associates grew its position in shares of John Hancock Tax-Advantage Dvd Incom Fd. by 5.6% in the 2nd quarter. Raymond James & Associates now owns 379,245 shares of the company’s stock worth $8,863,000 after buying an additional 20,182 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of John Hancock Tax-Advantage Dvd Incom Fd. by 1.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 204,674 shares of the company’s stock worth $4,783,000 after buying an additional 3,783 shares during the last quarter. Advisors Asset Management Inc. grew its position in shares of John Hancock Tax-Advantage Dvd Incom Fd. by 9.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 175,581 shares of the company’s stock worth $4,093,000 after buying an additional 15,870 shares during the last quarter. Finally, First Trust Advisors LP grew its position in shares of John Hancock Tax-Advantage Dvd Incom Fd. by 2.2% in the 3rd quarter. First Trust Advisors LP now owns 167,610 shares of the company’s stock worth $3,907,000 after buying an additional 3,688 shares during the last quarter.

Shares of John Hancock Tax-Advantage Dvd Incom Fd. stock opened at $22.23 on Friday. John Hancock Tax-Advantage Dvd Incom Fd. has a 52-week low of $21.00 and a 52-week high of $25.85.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Thursday, December 13th will be given a $0.138 dividend. This represents a $1.66 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date is Wednesday, December 12th.

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John Hancock Tax-Advantage Dvd Incom Fd. Company Profile

John Hancock Tax-Advantaged Dividend Income Fund is a closed ended equity mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management and Analytic Investors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.

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Institutional Ownership by Quarter for John Hancock Tax-Advantage Dvd Incom Fd. (NYSE:HTD)

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