John Hancock Corporate Bond ETF (NYSEARCA:JHCB) Stock Price Up 0.1% – Here’s What Happened

Shares of John Hancock Corporate Bond ETF (NYSEARCA:JHCB) traded up 0.1% during mid-day trading on Friday . The company traded as high as $21.27 and last traded at $21.22. 4,735 shares were traded during trading, a decline of 72% from the average session volume of 17,006 shares. The stock had previously closed at $21.21.

John Hancock Corporate Bond ETF Trading Up 0.1 %

The stock has a fifty day moving average of $21.68 and a 200-day moving average of $21.40.

John Hancock Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.0925 per share. This is a positive change from John Hancock Corporate Bond ETF’s previous dividend of $0.09. The ex-dividend date was Thursday, September 26th.

Institutional Trading of John Hancock Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of JHCB. Granite Bay Wealth Management LLC increased its stake in shares of John Hancock Corporate Bond ETF by 8,577.2% during the second quarter. Granite Bay Wealth Management LLC now owns 68,607,974 shares of the company’s stock valued at $1,439,446,000 after buying an additional 67,817,309 shares during the period. Jane Street Group LLC purchased a new stake in John Hancock Corporate Bond ETF during the third quarter worth $1,727,000. MRP Capital Investments LLC purchased a new stake in John Hancock Corporate Bond ETF during the second quarter worth $1,035,000. Commonwealth Equity Services LLC boosted its position in John Hancock Corporate Bond ETF by 84.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 65,014 shares of the company’s stock valued at $1,365,000 after acquiring an additional 29,680 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of John Hancock Corporate Bond ETF by 13.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 229,080 shares of the company’s stock valued at $4,810,000 after acquiring an additional 28,011 shares during the period.

John Hancock Corporate Bond ETF Company 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.