Peak Wealth Management LLC Invests $3.53 Million in John Hancock Mortgage-Backed Securities ETF $JHMB

Peak Wealth Management LLC acquired a new position in shares of John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 159,203 shares of the company’s stock, valued at approximately $3,528,000. John Hancock Mortgage-Backed Securities ETF accounts for approximately 2.9% of Peak Wealth Management LLC’s investment portfolio, making the stock its 13th biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Triumph Capital Management acquired a new stake in shares of John Hancock Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $44,000. High Falls Advisors Inc acquired a new stake in shares of John Hancock Mortgage-Backed Securities ETF during the 2nd quarter worth approximately $208,000. Jones Financial Companies Lllp acquired a new stake in shares of John Hancock Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $288,000. Goldman Sachs Group Inc. acquired a new stake in shares of John Hancock Mortgage-Backed Securities ETF during the 1st quarter worth approximately $306,000. Finally, JPMorgan Chase & Co. grew its stake in shares of John Hancock Mortgage-Backed Securities ETF by 608.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 34,420 shares of the company’s stock worth $753,000 after purchasing an additional 29,564 shares during the period.

John Hancock Mortgage-Backed Securities ETF Price Performance

Shares of NYSEARCA JHMB opened at $22.03 on Monday. John Hancock Mortgage-Backed Securities ETF has a 12 month low of $21.36 and a 12 month high of $22.60. The firm’s 50 day simple moving average is $22.14 and its 200-day simple moving average is $22.24.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Wednesday, February 25th were given a dividend of $0.0573 per share. This is a positive change from John Hancock Mortgage-Backed Securities ETF’s previous monthly dividend of $0.04. The ex-dividend date was Wednesday, February 25th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%.

John Hancock Mortgage-Backed Securities ETF Company Profile

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.