John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Stock Crosses Below 200 Day Moving Average – What’s Next?

Shares of John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $21.89 and traded as low as $21.77. John Hancock Mortgage-Backed Securities ETF shares last traded at $21.83, with a volume of 4,821 shares trading hands.

John Hancock Mortgage-Backed Securities ETF Trading Up 0.3 %

The firm’s 50 day moving average is $21.96 and its 200 day moving average is $21.89.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.0857 per share. The ex-dividend date was Thursday, September 26th. This is a positive change from John Hancock Mortgage-Backed Securities ETF’s previous dividend of $0.08.

Institutional Trading of John Hancock Mortgage-Backed Securities ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in JHMB. Nottingham Advisors Inc. acquired a new stake in John Hancock Mortgage-Backed Securities ETF during the third quarter valued at approximately $261,000. U.S. Capital Wealth Advisors LLC raised its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 19.0% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 16,784 shares of the company’s stock valued at $361,000 after acquiring an additional 2,685 shares during the period. Commonwealth Equity Services LLC raised its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 216.4% during the second quarter. Commonwealth Equity Services LLC now owns 45,847 shares of the company’s stock valued at $986,000 after acquiring an additional 31,359 shares during the period. Fidelity D & D Bancorp Inc. raised its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 19.5% during the second quarter. Fidelity D & D Bancorp Inc. now owns 162,578 shares of the company’s stock valued at $3,495,000 after acquiring an additional 26,478 shares during the period. Finally, Granite Bay Wealth Management LLC acquired a new stake in shares of John Hancock Mortgage-Backed Securities ETF during the second quarter valued at approximately $10,081,000.

About John Hancock Mortgage-Backed Securities ETF

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.