John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) Sees Large Decline in Short Interest

John Hancock Core Plus Bond ETF (NYSEARCA:JHCP) saw a significant decline in short interest during the month of October. As of October 15th, there was short interest totaling 46,293 shares, a decline of 96.2% from the September 30th total of 1,214,642 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 234,473 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JHCP. Citadel Advisors LLC grew its position in shares of John Hancock Core Plus Bond ETF by 74.1% in the 2nd quarter. Citadel Advisors LLC now owns 31,668 shares of the company’s stock valued at $794,000 after buying an additional 13,479 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of John Hancock Core Plus Bond ETF by 24.6% during the second quarter. Envestnet Asset Management Inc. now owns 54,278 shares of the company’s stock worth $1,361,000 after acquiring an additional 10,732 shares during the last quarter. Focused Alpha LLC bought a new position in shares of John Hancock Core Plus Bond ETF during the third quarter worth about $7,355,000. Cetera Investment Advisers lifted its stake in shares of John Hancock Core Plus Bond ETF by 7.9% in the first quarter. Cetera Investment Advisers now owns 564,742 shares of the company’s stock worth $14,201,000 after acquiring an additional 41,435 shares during the period. Finally, The Manufacturers Life Insurance Company boosted its holdings in John Hancock Core Plus Bond ETF by 40.7% in the first quarter. The Manufacturers Life Insurance Company now owns 4,284,000 shares of the company’s stock valued at $107,725,000 after acquiring an additional 1,240,000 shares during the last quarter.

John Hancock Core Plus Bond ETF Trading Down 0.6%

NYSEARCA JHCP traded down $0.14 on Wednesday, hitting $24.18. The company’s stock had a trading volume of 91,194 shares, compared to its average volume of 114,913. John Hancock Core Plus Bond ETF has a 1-year low of $23.72 and a 1-year high of $26.14. The company’s 50-day moving average is $24.31 and its 200 day moving average is $24.97.

John Hancock Core Plus Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, October 28th will be paid a $0.1032 dividend. This is a positive change from John Hancock Core Plus Bond ETF’s previous monthly dividend of $0.0894. This represents a $1.24 annualized dividend and a dividend yield of 5.1%. The ex-dividend date of this dividend is Wednesday, October 28th.

John Hancock Core Plus Bond ETF Company Profile

The John Hancock Core Plus Bond ETF (JHCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed with a focus on a diversified bond portfolio, which includes a potential 20% allocation to high-yield bonds. The fund aims for a high level of current income while also considering ESG factors in its investment analysis JHCP was launched on Dec 18, 2024 and is issued by John Hancock.