John Hancock Corporate Bond ETF (NYSEARCA:JHCB) is Granite Bay Wealth Management LLC’s 2nd Largest Position

Granite Bay Wealth Management LLC raised its holdings in John Hancock Corporate Bond ETF (NYSEARCA:JHCB) by 5.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,130,941 shares of the company’s stock after acquiring an additional 59,354 shares during the quarter. John Hancock Corporate Bond ETF makes up 8.8% of Granite Bay Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Granite Bay Wealth Management LLC owned about 45.24% of John Hancock Corporate Bond ETF worth $23,659,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MRP Capital Investments LLC purchased a new stake in shares of John Hancock Corporate Bond ETF in the second quarter valued at approximately $1,035,000. Commonwealth Equity Services LLC lifted its holdings in shares of John Hancock Corporate Bond ETF by 84.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 65,014 shares of the company’s stock worth $1,365,000 after buying an additional 29,680 shares during the period. Jane Street Group LLC bought a new position in shares of John Hancock Corporate Bond ETF during the 3rd quarter worth $1,727,000. Finally, Envestnet Asset Management Inc. increased its stake in shares of John Hancock Corporate Bond ETF by 13.9% during the second quarter. Envestnet Asset Management Inc. now owns 229,080 shares of the company’s stock valued at $4,810,000 after buying an additional 28,011 shares during the period.

John Hancock Corporate Bond ETF Stock Down 0.2 %

NYSEARCA:JHCB opened at $20.77 on Tuesday. John Hancock Corporate Bond ETF has a 1-year low of $20.44 and a 1-year high of $22.20. The company has a 50-day moving average of $21.22 and a 200 day moving average of $21.45.

John Hancock Corporate Bond ETF Profile

The John Hancock Corporate Bond ETF (JHCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is actively managed to focus on investment-grade corporate bonds, of any maturity, that are perceived as undervalued. JHCB was launched on Mar 30, 2021 and is managed by John Hancock.