The Manufacturers Life Insurance Company Decreases Holdings in John Hancock Corporate Bond ETF $JHCB

The Manufacturers Life Insurance Company decreased its holdings in John Hancock Corporate Bond ETF (NYSEARCA:JHCB) by 32.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 194,983 shares of the company’s stock after selling 93,284 shares during the period. The Manufacturers Life Insurance Company’s holdings in John Hancock Corporate Bond ETF were worth $4,136,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NewEdge Advisors LLC bought a new stake in John Hancock Corporate Bond ETF during the second quarter worth approximately $32,000. Robbins Farley raised its position in John Hancock Corporate Bond ETF by 23.1% during the first quarter. Robbins Farley now owns 19,280 shares of the company’s stock valued at $408,000 after purchasing an additional 3,615 shares during the period. Advisory Services Network LLC purchased a new stake in John Hancock Corporate Bond ETF during the second quarter valued at approximately $412,000. Rubicon Advisors GP bought a new stake in shares of John Hancock Corporate Bond ETF in the 4th quarter valued at approximately $484,000. Finally, Citadel Advisors LLC bought a new stake in shares of John Hancock Corporate Bond ETF in the 3rd quarter valued at approximately $548,000.

John Hancock Corporate Bond ETF Stock Performance

Shares of John Hancock Corporate Bond ETF stock opened at $20.49 on Monday. The stock has a 50 day moving average price of $20.84 and a 200-day moving average price of $21.13. John Hancock Corporate Bond ETF has a one year low of $20.48 and a one year high of $22.03.

John Hancock Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 31st. Investors of record on Wednesday, July 29th were given a $0.0995 dividend. This is a boost from John Hancock Corporate Bond ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date was Wednesday, July 29th.

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.