John Hancock Core Bond ETF $JHCR Shares Newly Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC purchased a new position in shares of John Hancock Core Bond ETF (NYSEARCA:JHCR) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 350,939 shares of the company’s stock, valued at approximately $8,440,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its holdings in John Hancock Core Bond ETF by 3.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 90,283,858 shares of the company’s stock worth $2,280,164,000 after acquiring an additional 3,011,723 shares during the last quarter. Henderson Brothers Financial Partners LLC bought a new position in shares of John Hancock Core Bond ETF in the third quarter worth about $26,383,000. Envestnet Asset Management Inc. bought a new position in shares of John Hancock Core Bond ETF in the second quarter worth about $11,407,000. Simplicity Wealth LLC raised its stake in shares of John Hancock Core Bond ETF by 72.4% in the third quarter. Simplicity Wealth LLC now owns 351,056 shares of the company’s stock worth $8,443,000 after acquiring an additional 147,387 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of John Hancock Core Bond ETF during the second quarter worth approximately $4,647,000.

John Hancock Core Bond ETF Trading Down 0.7%

Shares of JHCR stock opened at $24.47 on Wednesday. John Hancock Core Bond ETF has a 1 year low of $23.89 and a 1 year high of $25.83. The firm’s 50 day moving average is $24.40 and its 200-day moving average is $25.06.

John Hancock Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 28th were given a $0.0982 dividend. This is a boost from John Hancock Core Bond ETF’s previous monthly dividend of $0.0853. The ex-dividend date was Wednesday, October 28th. This represents a $1.18 annualized dividend and a yield of 4.8%.

John Hancock Core Bond ETF Company Profile

The John Hancock Core Bond ETF (JHCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in US investment-grade bonds, maintaining a focus on sound credit quality. The fund aims to provide a high level of current income while prioritizing the preservation of capital and liquidity JHCR was launched on Dec 18, 2024 and is issued by John Hancock.