Sunrise Financial Services LLC Purchases 95,036 Shares of John Hancock High Yield ETF $JHHY

Sunrise Financial Services LLC boosted its position in shares of John Hancock High Yield ETF (NYSEARCA:JHHY) by 121,841.0% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 95,114 shares of the company’s stock after acquiring an additional 95,036 shares during the quarter. John Hancock High Yield ETF comprises about 1.3% of Sunrise Financial Services LLC’s portfolio, making the stock its 20th largest position. Sunrise Financial Services LLC’s holdings in John Hancock High Yield ETF were worth $2,347,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. grew its stake in John Hancock High Yield ETF by 19.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 13,434 shares of the company’s stock valued at $343,000 after purchasing an additional 2,198 shares during the last quarter. CoreCap Advisors LLC raised its stake in shares of John Hancock High Yield ETF by 7.9% in the second quarter. CoreCap Advisors LLC now owns 20,938 shares of the company’s stock worth $535,000 after purchasing an additional 1,524 shares during the last quarter. Simplicity Wealth LLC raised its stake in shares of John Hancock High Yield ETF by 27.9% in the first quarter. Simplicity Wealth LLC now owns 69,228 shares of the company’s stock worth $1,755,000 after purchasing an additional 15,088 shares during the last quarter. Iams Wealth Management LLC purchased a new position in shares of John Hancock High Yield ETF in the third quarter worth about $1,805,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of John Hancock High Yield ETF by 2.1% during the first quarter. NewEdge Advisors LLC now owns 81,452 shares of the company’s stock worth $2,064,000 after purchasing an additional 1,668 shares during the period.

John Hancock High Yield ETF Stock Up 0.1%

John Hancock High Yield ETF stock opened at $24.60 on Thursday. The stock has a 50-day moving average price of $25.15 and a 200 day moving average price of $25.46. John Hancock High Yield ETF has a 52 week low of $24.51 and a 52 week high of $26.33.

John Hancock High Yield ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were given a dividend of $0.1304 per share. The ex-dividend date of this dividend was Monday, September 28th. This represents a $1.56 dividend on an annualized basis and a yield of 6.4%. This is a drop from John Hancock High Yield ETF’s previous monthly dividend of $0.1434.

John Hancock High Yield ETF Company Profile

The John Hancock High Yield ETF (JHHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, investing in a diversified portfolio of US dollar-denominated high-yield corporate bonds. The fund aims to maximize income with capital growth as a secondary objective JHHY was launched on May 1, 2024 and is issued by John Hancock.