John Hancock Core Bond ETF (NYSEARCA:JHCR) Sees Significant Decrease in Short Interest

John Hancock Core Bond ETF (NYSEARCA:JHCR) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 31,464 shares, a decline of 47.3% from the August 15th total of 59,749 shares. Based on an average daily trading volume, of 43,189 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On John Hancock Core Bond ETF

Several hedge funds have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company increased its stake in John Hancock Core Bond ETF by 3.5% during the second quarter. The Manufacturers Life Insurance Company now owns 90,283,858 shares of the company’s stock valued at $2,280,164,000 after acquiring an additional 3,011,723 shares during the period. Integrated Wealth Concepts LLC bought a new stake in shares of John Hancock Core Bond ETF in the 2nd quarter worth approximately $4,647,000. Citadel Advisors LLC acquired a new stake in shares of John Hancock Core Bond ETF during the 2nd quarter worth approximately $288,000. Kensington Asset Management LLC acquired a new stake in shares of John Hancock Core Bond ETF during the 2nd quarter worth approximately $646,000. Finally, CoreCap Advisors LLC bought a new stake in shares of John Hancock Core Bond ETF during the second quarter valued at approximately $1,427,000.

John Hancock Core Bond ETF Trading Down 0.3%

Shares of John Hancock Core Bond ETF stock traded down $0.07 during midday trading on Tuesday, hitting $24.46. The company had a trading volume of 48,558 shares, compared to its average volume of 631,609. John Hancock Core Bond ETF has a 1-year low of $24.41 and a 1-year high of $25.90. The business’s 50 day simple moving average is $24.94 and its two-hundred day simple moving average is $25.20.

John Hancock Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 29th were issued a dividend of $0.0993 per share. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date was Wednesday, July 29th. This is a positive change from John Hancock Core Bond ETF’s previous monthly dividend of $0.09.

John Hancock Core Bond ETF Company Profile

The John Hancock Core Bond ETF (JHCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in US investment-grade bonds, maintaining a focus on sound credit quality. The fund aims to provide a high level of current income while prioritizing the preservation of capital and liquidity JHCR was launched on Dec 18, 2024 and is issued by John Hancock.