Insider Buying: John Hancock Investors Trust (NYSE:JHI) Insider Acquires 719 Shares of Stock

John Hancock Investors Trust (NYSE:JHI) insider William K. Bacic acquired 719 shares of the company’s stock in a transaction dated Tuesday, January 14th. The shares were bought at an average price of $14.00 per share, for a total transaction of $10,066.00. Following the acquisition, the insider now directly owns 719 shares of the company’s stock, valued at approximately $10,066. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

John Hancock Investors Trust Stock Performance

John Hancock Investors Trust stock traded up $0.08 during midday trading on Wednesday, reaching $14.09. The stock had a trading volume of 15,039 shares, compared to its average volume of 17,182. The company has a fifty day moving average price of $14.03 and a two-hundred day moving average price of $13.84. John Hancock Investors Trust has a 12 month low of $12.82 and a 12 month high of $14.48.

John Hancock Investors Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th were issued a dividend of $0.3455 per share. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $1.38 annualized dividend and a dividend yield of 9.81%.

Hedge Funds Weigh In On John Hancock Investors Trust

A number of institutional investors have recently modified their holdings of JHI. HighTower Advisors LLC acquired a new stake in John Hancock Investors Trust in the 3rd quarter valued at $138,000. Landscape Capital Management L.L.C. lifted its stake in shares of John Hancock Investors Trust by 10.4% in the third quarter. Landscape Capital Management L.L.C. now owns 26,077 shares of the financial services provider’s stock valued at $367,000 after buying an additional 2,460 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of John Hancock Investors Trust during the third quarter valued at about $402,000. Allspring Global Investments Holdings LLC grew its holdings in shares of John Hancock Investors Trust by 1.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 101,503 shares of the financial services provider’s stock valued at $1,427,000 after buying an additional 1,015 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its position in shares of John Hancock Investors Trust by 2.0% during the third quarter. Capital Investment Advisors LLC now owns 153,018 shares of the financial services provider’s stock worth $2,151,000 after acquiring an additional 2,940 shares in the last quarter. 27.01% of the stock is owned by institutional investors and hedge funds.

John Hancock Investors Trust Company Profile

John Hancock Investors Trust is a closed-ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. It invests in the fixed income markets across the globe. The fund primarily invests in a diversified portfolio of corporate and government bonds, debt securities.