Iams Wealth Management LLC acquired a new position in John Hancock High Yield ETF (NYSEARCA:JHHY – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 73,133 shares of the company’s stock, valued at approximately $1,805,000. Iams Wealth Management LLC owned 1.39% of John Hancock High Yield ETF as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. lifted its position in John Hancock High Yield ETF by 19.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,434 shares of the company’s stock valued at $343,000 after purchasing an additional 2,198 shares during the last quarter. CoreCap Advisors LLC grew its position in John Hancock High Yield ETF by 7.9% in the 2nd quarter. CoreCap Advisors LLC now owns 20,938 shares of the company’s stock worth $535,000 after purchasing an additional 1,524 shares during the last quarter. Simplicity Wealth LLC grew its position in John Hancock High Yield ETF by 27.9% in the 1st quarter. Simplicity Wealth LLC now owns 69,228 shares of the company’s stock worth $1,755,000 after purchasing an additional 15,088 shares during the last quarter. NewEdge Advisors LLC grew its position in John Hancock High Yield ETF by 2.1% in the 1st quarter. NewEdge Advisors LLC now owns 81,452 shares of the company’s stock worth $2,064,000 after purchasing an additional 1,668 shares during the last quarter. Finally, NewEdge Wealth LLC grew its position in John Hancock High Yield ETF by 7.7% in the 1st quarter. NewEdge Wealth LLC now owns 167,833 shares of the company’s stock worth $4,254,000 after purchasing an additional 11,965 shares during the last quarter.
John Hancock High Yield ETF Stock Performance
Shares of NYSEARCA:JHHY opened at $24.72 on Friday. The firm’s 50 day moving average is $25.23 and its two-hundred day moving average is $25.48. John Hancock High Yield ETF has a 52 week low of $24.51 and a 52 week high of $26.33.
John Hancock High Yield ETF Cuts Dividend
The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were issued a $0.1304 dividend. This is a negative change from John Hancock High Yield ETF’s previous monthly dividend of $0.1434. The ex-dividend date of this dividend was Monday, September 28th. This represents a $1.56 dividend on an annualized basis and a yield of 6.3%.
About John Hancock High Yield ETF
The John Hancock High Yield ETF (JHHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a diversified portfolio of US dollar-denominated high-yield corporate bonds. The fund aims to maximize income with capital growth as a secondary objective JHHY was launched on May 1, 2024 and is issued by John Hancock.
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