John Hancock High Yield ETF $JHHY Shares Sold by Kensington Asset Management LLC

Kensington Asset Management LLC lowered its stake in shares of John Hancock High Yield ETF (NYSEARCA:JHHY) by 50.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,076 shares of the company’s stock after selling 175,076 shares during the quarter. Kensington Asset Management LLC owned about 6.44% of John Hancock High Yield ETF worth $4,524,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. The Manufacturers Life Insurance Company increased its holdings in shares of John Hancock High Yield ETF by 59.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 2,471,000 shares of the company’s stock valued at $63,826,000 after acquiring an additional 921,000 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of John Hancock High Yield ETF by 3.0% during the fourth quarter. JPMorgan Chase & Co. now owns 226,487 shares of the company’s stock valued at $5,850,000 after acquiring an additional 6,634 shares in the last quarter. NewEdge Wealth LLC acquired a new position in shares of John Hancock High Yield ETF during the fourth quarter valued at about $4,026,000. Simplicity Wealth LLC increased its holdings in shares of John Hancock High Yield ETF by 50.5% during the fourth quarter. Simplicity Wealth LLC now owns 54,140 shares of the company’s stock valued at $1,398,000 after acquiring an additional 18,169 shares in the last quarter. Finally, CoreCap Advisors LLC increased its holdings in shares of John Hancock High Yield ETF by 35.8% during the fourth 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 in the last quarter.

John Hancock High Yield ETF Stock Performance

JHHY opened at $25.69 on Friday. John Hancock High Yield ETF has a 52-week low of $25.04 and a 52-week high of $26.33. The firm’s 50-day moving average price is $25.66 and its 200-day moving average price is $25.77.

John Hancock High Yield ETF Company Profile

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.