The Manufacturers Life Insurance Company Acquires 2,033,059 Shares of John Hancock Core Plus Bond ETF $JHCP

The Manufacturers Life Insurance Company grew its stake in John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) by 47.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,317,059 shares of the company’s stock after buying an additional 2,033,059 shares during the period. The Manufacturers Life Insurance Company owned 72.36% of John Hancock Core Plus Bond ETF worth $158,386,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in John Hancock Core Plus Bond ETF during the 1st quarter worth approximately $364,000. Citadel Advisors LLC boosted its stake in shares of John Hancock Core Plus Bond ETF by 74.1% in the 2nd quarter. Citadel Advisors LLC now owns 31,668 shares of the company’s stock valued at $794,000 after purchasing an additional 13,479 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of John Hancock Core Plus Bond ETF by 259.7% during the fourth quarter. Cetera Investment Advisers now owns 523,307 shares of the company’s stock worth $13,263,000 after buying an additional 377,840 shares during the period.

John Hancock Core Plus Bond ETF Price Performance

Shares of NYSEARCA JHCP opened at $24.35 on Friday. John Hancock Core Plus Bond ETF has a twelve month low of $24.35 and a twelve month high of $26.14. The firm has a fifty day simple moving average of $24.80 and a 200 day simple moving average of $25.06.

John Hancock Core Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 29th were paid a dividend of $0.0705 per share. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a c) annualized dividend and a yield of 3.5%.

John Hancock Core Plus Bond ETF Profile

The John Hancock Core Plus Bond ETF (JHCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed with a focus on a diversified bond portfolio, which includes a potential 20% allocation to high-yield bonds. The fund aims for a high level of current income while also considering ESG factors in its investment analysis JHCP was launched on Dec 18, 2024 and is issued by John Hancock.