John Hancock Core Bond ETF (NYSEARCA:JHCR) Sees Large Growth in Short Interest

John Hancock Core Bond ETF (NYSEARCA:JHCR) was the target of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 56,126 shares, a growth of 694.9% from the October 15th total of 7,061 shares. Based on an average daily volume of 460,223 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

John Hancock Core Bond ETF Stock Down 0.9%

Shares of NYSEARCA JHCR opened at $24.27 on Friday. The stock has a fifty day moving average price of $24.38 and a 200 day moving average price of $25.05. John Hancock Core Bond ETF has a 1-year low of $23.89 and a 1-year high of $25.83.

John Hancock Core Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Wednesday, October 28th were given a dividend of $0.0982 per share. This represents a $1.18 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Wednesday, October 28th. This is an increase from John Hancock Core Bond ETF’s previous monthly dividend of $0.0853.

Institutional Trading of John Hancock Core Bond ETF

Several hedge funds have recently made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its holdings in shares of John Hancock Core Bond ETF by 12,123.0% in the first quarter. The Manufacturers Life Insurance Company now owns 87,272,135 shares of the company’s stock valued at $2,208,273,000 after acquiring an additional 86,558,135 shares in the last quarter. Henderson Brothers Financial Partners LLC purchased a new position in John Hancock Core Bond ETF during the third quarter worth about $26,383,000. Envestnet Asset Management Inc. purchased a new position in John Hancock Core Bond ETF during the second quarter worth about $11,407,000. Cornerstone Wealth Management LLC acquired a new stake in John Hancock Core Bond ETF in the third quarter valued at about $8,440,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in John Hancock Core Bond ETF in the second quarter valued at about $4,647,000.

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.