John Hancock Investors Trust (NYSE:JHI) Director Buys $10,006.64 in Stock

John Hancock Investors Trust (NYSE:JHI) Director Christine Hurtsellers purchased 749 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were purchased at an average cost of $13.36 per share, with a total value of $10,006.64. Following the purchase, the director directly owned 749 shares in the company, valued at approximately $10,006.64. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

John Hancock Investors Trust Stock Up 0.1%

NYSE:JHI opened at $13.37 on Friday. John Hancock Investors Trust has a 52-week low of $12.50 and a 52-week high of $14.51. The stock has a fifty day simple moving average of $13.31 and a 200-day simple moving average of $13.61.

John Hancock Investors Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 12th were given a dividend of $0.2631 per share. This represents a $1.05 dividend on an annualized basis and a yield of 7.9%. The ex-dividend date was Thursday, March 12th.

Institutional Trading of John Hancock Investors Trust

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JHI. Invesco Ltd. increased 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 worth $1,045,000 after purchasing an additional 3,689 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in John Hancock Investors Trust during the 2nd quarter worth about $69,000. Ameriprise Financial Inc. increased its position in John Hancock Investors Trust by 63.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 21,231 shares of the financial services provider’s stock worth $294,000 after purchasing an additional 8,228 shares in the last quarter. Aviance Capital Partners LLC increased its position in John Hancock Investors Trust by 5.8% during the 3rd quarter. Aviance Capital Partners LLC now owns 34,356 shares of the financial services provider’s stock worth $481,000 after purchasing an additional 1,871 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its position in John Hancock Investors Trust by 4.3% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 40,157 shares of the financial services provider’s stock worth $562,000 after purchasing an additional 1,644 shares in the last quarter. Hedge funds and other institutional investors own 27.01% of the company’s stock.

John Hancock Investors Trust Company Profile

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.