Simplicity Wealth LLC Purchases 49,113 Shares of John Hancock High Yield ETF $JHHY

Simplicity Wealth LLC increased its position in John Hancock High Yield ETF (NYSEARCA:JHHY) by 64.9% during the 3rd quarter, Holdings Channel reports. The firm owned 124,805 shares of the company’s stock after acquiring an additional 49,113 shares during the quarter. Simplicity Wealth LLC’s holdings in John Hancock High Yield ETF were worth $3,080,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in John Hancock High Yield ETF by 28.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 310,234 shares of the company’s stock valued at $7,930,000 after purchasing an additional 67,911 shares in the last quarter. Iams Wealth Management LLC bought a new position in shares of John Hancock High Yield ETF during the 3rd quarter worth $1,805,000. Sunrise Financial Services LLC grew its position in shares of John Hancock High Yield ETF by 121,841.0% during the 3rd quarter. Sunrise Financial Services LLC now owns 95,114 shares of the company’s stock worth $2,347,000 after buying an additional 95,036 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of John Hancock High Yield ETF by 2.1% during the 1st quarter. NewEdge Advisors LLC now owns 81,452 shares of the company’s stock worth $2,064,000 after buying an additional 1,668 shares in the last quarter. Finally, CoreCap Advisors LLC increased its stake in shares of John Hancock High Yield ETF by 28.6% during the third quarter. CoreCap Advisors LLC now owns 26,922 shares of the company’s stock valued at $664,000 after buying an additional 5,984 shares during the period.

John Hancock High Yield ETF Stock Performance

Shares of John Hancock High Yield ETF stock opened at $24.63 on Monday. The stock’s fifty day moving average price is $25.11 and its 200-day moving average price is $25.45. John Hancock High Yield ETF has a 12 month low of $24.51 and a 12 month high of $26.33.

John Hancock High Yield ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were issued a dividend of $0.1304 per share. This represents a $1.56 annualized dividend and a yield of 6.4%. The ex-dividend date was Monday, September 28th. This is a negative change from John Hancock High Yield ETF’s previous monthly dividend of $0.1434.

About John Hancock High Yield ETF

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.