Kenneth Phelan Purchases 730 Shares of John Hancock Investors Trust (NYSE:JHI) Stock

John Hancock Investors Trust (NYSE:JHI) Director Kenneth Phelan bought 730 shares of the company’s stock in a transaction on Tuesday, January 27th. The shares were acquired at an average price of $13.75 per share, with a total value of $10,037.50. Following the transaction, the director directly owned 730 shares of the company’s stock, valued at approximately $10,037.50. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

John Hancock Investors Trust Trading Up 0.1%

Shares of NYSE JHI opened at $13.74 on Thursday. John Hancock Investors Trust has a fifty-two week low of $11.61 and a fifty-two week high of $14.51. The business’s 50 day moving average price is $13.75 and its 200-day moving average price is $13.90.

John Hancock Investors Trust Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Thursday, December 11th were given a dividend of $0.3649 per share. This represents a $1.46 annualized dividend and a dividend yield of 10.6%. This is a positive change from John Hancock Investors Trust’s previous quarterly dividend of $0.32. The ex-dividend date was Thursday, December 11th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Shaker Financial Services LLC increased its position in shares of John Hancock Investors Trust by 25.2% during the second quarter. Shaker Financial Services LLC now owns 183,223 shares of the financial services provider’s stock worth $2,537,000 after acquiring an additional 36,824 shares during the period. Aviance Capital Partners LLC grew its stake in John Hancock Investors Trust by 18.2% in the second quarter. Aviance Capital Partners LLC now owns 32,485 shares of the financial services provider’s stock worth $450,000 after purchasing an additional 5,011 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in John Hancock Investors Trust by 25.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 26,612 shares of the financial services provider’s stock worth $372,000 after purchasing an additional 5,381 shares during the period. Invesco Ltd. raised its position in John Hancock Investors Trust by 5.1% during the 2nd quarter. Invesco Ltd. now owns 75,480 shares of the financial services provider’s stock valued at $1,045,000 after purchasing an additional 3,689 shares in the last quarter. Finally, Riverbridge Partners LLC lifted its holdings in shares of John Hancock Investors Trust by 36.5% in the 4th quarter. Riverbridge Partners LLC now owns 45,908 shares of the financial services provider’s stock worth $628,000 after buying an additional 12,270 shares during the period. Hedge funds and other institutional investors own 27.01% of the company’s stock.

About John Hancock Investors Trust

John Hancock Investors Trust (NYSE: JHI) is a closed-end management investment company that offers investors access to a diversified portfolio of global securities. Established in 1929, the trust seeks to combine long-term capital growth with income generation through active portfolio management. Shares of the fund trade on the New York Stock Exchange, providing investors with the liquidity of an exchange-traded security alongside the diversification benefits of a professionally managed fund structure.

The fund’s investment strategy emphasizes a multi-asset approach, allocating capital across global equities, fixed-income instruments and convertible securities.