Rothschild Investment LLC Has $1.38 Million Position in John Hancock Income Securities Trust (NYSE:JHS)

Rothschild Investment LLC cut its position in John Hancock Income Securities Trust (NYSE:JHS) by 3.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 122,797 shares of the financial services provider’s stock after selling 4,582 shares during the period. Rothschild Investment LLC’s holdings in John Hancock Income Securities Trust were worth $1,375,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Riverbridge Partners LLC raised its holdings in John Hancock Income Securities Trust by 1.8% in the 4th quarter. Riverbridge Partners LLC now owns 82,808 shares of the financial services provider’s stock valued at $927,000 after buying an additional 1,468 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in John Hancock Income Securities Trust by 11.2% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 194,969 shares of the financial services provider’s stock worth $2,183,000 after acquiring an additional 19,675 shares during the last quarter. Huntington National Bank increased its position in John Hancock Income Securities Trust by 135.2% in the 3rd quarter. Huntington National Bank now owns 5,470 shares of the financial services provider’s stock valued at $64,000 after acquiring an additional 3,144 shares during the period. Fiera Capital Corp raised its stake in shares of John Hancock Income Securities Trust by 2.7% during the third quarter. Fiera Capital Corp now owns 70,009 shares of the financial services provider’s stock valued at $814,000 after acquiring an additional 1,836 shares during the last quarter. Finally, Shaker Financial Services LLC lifted its holdings in shares of John Hancock Income Securities Trust by 33.0% during the third quarter. Shaker Financial Services LLC now owns 57,330 shares of the financial services provider’s stock worth $666,000 after purchasing an additional 14,217 shares during the period.

John Hancock Income Securities Trust Price Performance

Shares of John Hancock Income Securities Trust stock opened at $11.26 on Tuesday. John Hancock Income Securities Trust has a twelve month low of $10.68 and a twelve month high of $11.87. The company’s fifty day moving average is $11.21 and its 200 day moving average is $11.43.

John Hancock Income Securities Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th were given a $0.2017 dividend. The ex-dividend date was Thursday, December 12th. This represents a $0.81 dividend on an annualized basis and a dividend yield of 7.17%.

John Hancock Income Securities Trust Company Profile

John Hancock Income Securities 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. The fund invests in the fixed income markets of United States. It invests primarily in corporate and government bonds with average maturity of 7.57 years.