John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Short Interest Update

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 2,734 shares, a decline of 51.6% from the August 15th total of 5,652 shares. Based on an average daily volume of 38,010 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

John Hancock Mortgage-Backed Securities ETF Price Performance

NYSEARCA JHMB traded down $0.02 during trading hours on Wednesday, reaching $21.20. The stock had a trading volume of 21,763 shares, compared to its average volume of 44,404. John Hancock Mortgage-Backed Securities ETF has a 52-week low of $21.19 and a 52-week high of $22.60. The stock has a fifty day moving average of $21.63 and a 200 day moving average of $21.89.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 29th were issued a $0.0996 dividend. This is a boost from John Hancock Mortgage-Backed Securities ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Wednesday, July 29th. This represents a c) annualized dividend and a dividend yield of 5.6%.

Institutional Trading of John Hancock Mortgage-Backed Securities ETF

A number of hedge funds have recently modified their holdings of JHMB. J. R. Prunier Capital Management LLC increased its stake in shares of John Hancock Mortgage-Backed Securities ETF by 26.5% during the first quarter. J. R. Prunier Capital Management LLC now owns 78,499 shares of the company’s stock worth $1,728,000 after purchasing an additional 16,427 shares in the last quarter. Cadence Wealth Management LLC lifted its stake in John Hancock Mortgage-Backed Securities ETF by 14.5% in the 1st quarter. Cadence Wealth Management LLC now owns 14,529 shares of the company’s stock valued at $320,000 after buying an additional 1,845 shares in the last quarter. Fidelity D & D Bancorp Inc. lifted its stake in John Hancock Mortgage-Backed Securities ETF by 7.1% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 414,145 shares of the company’s stock valued at $9,117,000 after buying an additional 27,275 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in John Hancock Mortgage-Backed Securities ETF by 3.8% in the 4th quarter. HighTower Advisors LLC now owns 1,069,309 shares of the company’s stock worth $23,696,000 after buying an additional 38,986 shares during the last quarter.

John Hancock Mortgage-Backed Securities ETF Company Profile

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.