Jane Street Group LLC Takes Position in John Hancock Patriot Premium Div Fund II (PDT)

Jane Street Group LLC bought a new position in shares of John Hancock Patriot Premium Div Fund II (NYSE:PDT) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 10,945 shares of the real estate investment trust’s stock, valued at approximately $152,000.

Several other hedge funds and other institutional investors have also modified their holdings of PDT. Bank of America Corp DE boosted its holdings in shares of John Hancock Patriot Premium Div Fund II by 1.9% in the fourth quarter. Bank of America Corp DE now owns 183,764 shares of the real estate investment trust’s stock worth $2,547,000 after buying an additional 3,406 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in shares of John Hancock Patriot Premium Div Fund II by 0.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 127,869 shares of the real estate investment trust’s stock worth $1,772,000 after buying an additional 1,012 shares during the last quarter. Stratos Wealth Partners LTD. boosted its holdings in shares of John Hancock Patriot Premium Div Fund II by 8.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 95,435 shares of the real estate investment trust’s stock worth $1,323,000 after buying an additional 7,058 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of John Hancock Patriot Premium Div Fund II by 12.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 25,063 shares of the real estate investment trust’s stock worth $347,000 after buying an additional 2,700 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of John Hancock Patriot Premium Div Fund II by 5.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 108,900 shares of the real estate investment trust’s stock worth $1,509,000 after buying an additional 5,699 shares during the last quarter. 5.36% of the stock is currently owned by institutional investors and hedge funds.

PDT opened at $16.63 on Friday. John Hancock Patriot Premium Div Fund II has a 12-month low of $12.98 and a 12-month high of $16.96.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Thursday, April 11th will be issued a $0.0975 dividend. This represents a $1.17 dividend on an annualized basis and a dividend yield of 7.04%. The ex-dividend date of this dividend is Wednesday, April 10th.

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About John Hancock Patriot Premium Div Fund II

John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.

Further Reading: Inflation

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Institutional Ownership by Quarter for John Hancock Patriot Premium Div Fund II (NYSE:PDT)

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