John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Shares Down 0.1%

Shares of John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) traded down 0.1% during mid-day trading on Monday . The company traded as low as $22.17 and last traded at $22.17. 3,300 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 7,403 shares. The stock had previously closed at $22.19.

John Hancock Mortgage-Backed Securities ETF Price Performance

The firm has a fifty day moving average of $21.92 and a 200 day moving average of $21.59.

John Hancock Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, June 26th were paid a dividend of $0.0831 per share. The ex-dividend date of this dividend was Wednesday, June 26th.

Institutional Investors Weigh In On John Hancock Mortgage-Backed Securities ETF

A number of hedge funds have recently added to or reduced their stakes in the business. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of John Hancock Mortgage-Backed Securities ETF in the fourth quarter valued at $307,000. The Manufacturers Life Insurance Company raised its position in John Hancock Mortgage-Backed Securities ETF by 43.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,943,493 shares of the company’s stock valued at $42,347,000 after purchasing an additional 593,356 shares in the last quarter. Fidelity D & D Bancorp Inc. boosted its stake in shares of John Hancock Mortgage-Backed Securities ETF by 9.0% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 136,100 shares of the company’s stock valued at $2,937,000 after buying an additional 11,225 shares during the period. Granite Bay Wealth Management LLC acquired a new position in shares of John Hancock Mortgage-Backed Securities ETF during the second quarter worth about $10,081,000. Finally, Commonwealth Equity Services LLC increased its stake 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 worth $986,000 after buying an additional 31,359 shares during the period.

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.