IFC Holdings Incorporated FL boosted its stake in shares of HANCOCK PAT -II (NYSE:PDT) by 13.5% during the second quarter, Holdings Channel reports. The institutional investor owned 72,851 shares of the real estate investment trust’s stock after buying an additional 8,645 shares during the period. IFC Holdings Incorporated FL’s holdings in HANCOCK PAT -II were worth $1,220,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the stock. Sei Investments Co. increased its stake in HANCOCK PAT -II by 54,784.6% in the second quarter. Sei Investments Co. now owns 7,135 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 7,122 shares in the last quarter. IFP Advisors Inc increased its stake in HANCOCK PAT -II by 2.2% in the second quarter. IFP Advisors Inc now owns 26,804 shares of the real estate investment trust’s stock valued at $449,000 after buying an additional 576 shares in the last quarter. National Planning Corp increased its stake in HANCOCK PAT -II by 34.1% in the second quarter. National Planning Corp now owns 44,836 shares of the real estate investment trust’s stock valued at $759,000 after buying an additional 11,401 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its stake in HANCOCK PAT -II by 7.7% in the second quarter. Stratos Wealth Partners LTD. now owns 88,210 shares of the real estate investment trust’s stock valued at $1,478,000 after buying an additional 6,342 shares in the last quarter. Hedge funds and other institutional investors own 7.59% of the company’s stock.

Shares of HANCOCK PAT -II (NYSE PDT) opened at 17.00 on Friday. The stock’s 50 day moving average price is $16.91 and its 200 day moving average price is $16.34. HANCOCK PAT -II has a 12-month low of $13.22 and a 12-month high of $17.49.

The company also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Friday, August 11th will be given a $0.0975 dividend. This represents a $1.17 annualized dividend and a dividend yield of 6.88%. The ex-dividend date is Wednesday, August 9th.

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About HANCOCK PAT -II

John Hancock Premium Dividend Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide high current income, consistent with modest growth of capital. The Fund seeks to pursue its objective by investing in a diversified portfolio comprised primarily of dividend paying preferred securities and common equity securities.

Want to see what other hedge funds are holding PDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for HANCOCK PAT -II (NYSE:PDT).

Institutional Ownership by Quarter for HANCOCK PAT -II (NYSE:PDT)

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