John Hancock Investors Trust (NYSE:JHI) Director Christine Hurtsellers Purchases 749 Shares of Stock

John Hancock Investors Trust (NYSE:JHI) Director Christine Hurtsellers purchased 749 shares of the firm’s stock in a transaction on 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 completion of the transaction, the director owned 749 shares of the company’s stock, valued at approximately $10,006.64. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

John Hancock Investors Trust Stock Down 0.0%

Shares of John Hancock Investors Trust stock traded down $0.01 on Thursday, reaching $13.37. The stock had a trading volume of 35,148 shares, compared to its average volume of 23,333. The company has a 50 day moving average price of $13.32 and a 200 day moving average price of $13.61. John Hancock Investors Trust has a 1 year low of $12.50 and a 1 year high of $14.51.

John Hancock Investors Trust Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 12th were paid a $0.2631 dividend. This represents a $1.05 annualized dividend and a yield of 7.9%. The ex-dividend date was Thursday, March 12th.

Hedge Funds Weigh In On John Hancock Investors Trust

A number of large investors have recently made changes to their positions in JHI. Raymond James Financial Inc. purchased a new position in shares of John Hancock Investors Trust in the second quarter worth about $69,000. Ameriprise Financial Inc. increased its holdings in John Hancock Investors Trust by 63.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 21,231 shares of the financial services provider’s stock worth $294,000 after buying an additional 8,228 shares during the period. World Investment Advisors purchased a new position in John Hancock Investors Trust during the 1st quarter worth approximately $299,000. Aviance Capital Partners LLC raised 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 buying an additional 1,871 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its stake 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 valued at $562,000 after acquiring an additional 1,644 shares during the period. 27.01% of the stock is owned by institutional investors and hedge funds.

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.