Private Advisor Group LLC Buys 604,835 Shares of John Hancock Mortgage-Backed Securities ETF $JHMB

Private Advisor Group LLC raised its stake in John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) by 709.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 690,119 shares of the company’s stock after buying an additional 604,835 shares during the period. Private Advisor Group LLC owned 0.09% of John Hancock Mortgage-Backed Securities ETF worth $15,272,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JHMB. High Falls Advisors Inc acquired a new position in shares of John Hancock Mortgage-Backed Securities ETF during the second quarter worth $208,000. Jones Financial Companies Lllp acquired a new stake in shares of John Hancock Mortgage-Backed Securities ETF during the 3rd quarter valued at $288,000. Goldman Sachs Group Inc. acquired a new stake in shares of John Hancock Mortgage-Backed Securities ETF during the 1st quarter valued at $306,000. Legacy Capital Wealth Partners LLC grew its position in John Hancock Mortgage-Backed Securities ETF by 3.4% during the 2nd quarter. Legacy Capital Wealth Partners LLC now owns 18,481 shares of the company’s stock worth $404,000 after acquiring an additional 606 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in John Hancock Mortgage-Backed Securities ETF by 608.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 34,420 shares of the company’s stock worth $753,000 after acquiring an additional 29,564 shares during the last quarter.

John Hancock Mortgage-Backed Securities ETF Stock Down 0.2%

Shares of JHMB opened at $22.29 on Wednesday. John Hancock Mortgage-Backed Securities ETF has a 12-month low of $21.29 and a 12-month high of $22.60. The business has a 50-day simple moving average of $22.31 and a two-hundred day simple moving average of $22.27.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Wednesday, February 25th were paid a $0.0573 dividend. This is an increase from John Hancock Mortgage-Backed Securities ETF’s previous monthly dividend of $0.04. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Wednesday, February 25th.

John Hancock Mortgage-Backed Securities ETF Profile

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. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.