Journey Strategic Wealth LLC Purchases 33,565 Shares of John Hancock Mortgage-Backed Securities ETF $JHMB

Journey Strategic Wealth LLC grew its position in John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) by 7.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 492,313 shares of the company’s stock after purchasing an additional 33,565 shares during the quarter. John Hancock Mortgage-Backed Securities ETF comprises 0.3% of Journey Strategic Wealth LLC’s portfolio, making the stock its 29th biggest holding. Journey Strategic Wealth LLC owned approximately 0.07% of John Hancock Mortgage-Backed Securities ETF worth $10,895,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC increased its stake in John Hancock Mortgage-Backed Securities ETF by 3.4% in the third quarter. HighTower Advisors LLC now owns 1,030,323 shares of the company’s stock valued at $22,801,000 after acquiring an additional 33,547 shares during the last quarter. Flagship Harbor Advisors LLC lifted its stake in John Hancock Mortgage-Backed Securities ETF by 15.6% during the third quarter. Flagship Harbor Advisors LLC now owns 314,292 shares of the company’s stock worth $6,955,000 after purchasing an additional 42,303 shares during the last quarter. Fidelity D & D Bancorp Inc. boosted its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 23.1% in the 2nd quarter. Fidelity D & D Bancorp Inc. now owns 283,192 shares of the company’s stock valued at $6,193,000 after purchasing an additional 53,127 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of John Hancock Mortgage-Backed Securities ETF by 3.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 256,749 shares of the company’s stock valued at $5,682,000 after purchasing an additional 9,599 shares during the last quarter. Finally, Great Valley Advisor Group Inc. bought a new position in shares of John Hancock Mortgage-Backed Securities ETF in the 2nd quarter valued at $2,922,000.

John Hancock Mortgage-Backed Securities ETF Stock Performance

Shares of JHMB stock opened at $22.56 on Monday. John Hancock Mortgage-Backed Securities ETF has a twelve month low of $21.29 and a twelve month high of $22.60. The business has a fifty day simple moving average of $22.30 and a 200 day simple moving average of $22.25.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Wednesday, February 25th were issued a $0.0573 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. This is an increase from John Hancock Mortgage-Backed Securities ETF’s previous monthly dividend of $0.04. The ex-dividend date of this dividend was Wednesday, February 25th.

About John Hancock Mortgage-Backed Securities ETF

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.