John Hancock High Yield ETF to Issue Monthly Dividend of $0.10 (NYSEARCA:JHHY)

John Hancock High Yield ETF (NYSEARCA:JHHY) announced a monthly dividend on Tuesday, January 27th. Stockholders of record on Wednesday, January 28th will be given a dividend of 0.0964 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, January 28th.

John Hancock High Yield ETF Trading Down 0.4%

Shares of John Hancock High Yield ETF stock traded down $0.11 during midday trading on Wednesday, hitting $25.90. 1,369 shares of the company traded hands, compared to its average volume of 4,947. The firm’s fifty day moving average price is $25.98 and its 200-day moving average price is $25.99. John Hancock High Yield ETF has a 12 month low of $24.36 and a 12 month high of $26.33.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. CoreCap Advisors LLC lifted its stake in shares of John Hancock High Yield ETF by 35.8% in the 4th quarter. CoreCap Advisors LLC now owns 15,154 shares of the company’s stock valued at $391,000 after acquiring an additional 3,994 shares during the last quarter. Daymark Wealth Partners LLC increased its holdings in John Hancock High Yield ETF by 10.8% in the 4th quarter. Daymark Wealth Partners LLC now owns 333,619 shares of the company’s stock worth $8,617,000 after purchasing an additional 32,594 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in John Hancock High Yield ETF by 3.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 219,853 shares of the company’s stock worth $5,743,000 after purchasing an additional 7,233 shares in the last quarter. Citadel Advisors LLC bought a new position in John Hancock High Yield ETF in the third quarter valued at about $511,000. Finally, Kensington Asset Management LLC boosted its stake in shares of John Hancock High Yield ETF by 1,300.6% during the third quarter. Kensington Asset Management LLC now owns 350,152 shares of the company’s stock valued at $9,146,000 after purchasing an additional 325,152 shares in the last quarter.

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.