Wedbush Securities Inc. increased its stake in shares of HANCOCK PAT -II (NYSE:PDT) by 0.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63,018 shares of the real estate investment trust’s stock after buying an additional 327 shares during the period. Wedbush Securities Inc.’s holdings in HANCOCK PAT -II were worth $1,056,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in PDT. Sei Investments Co. raised its position 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 during the last quarter. Stratos Wealth Partners LTD. raised its position 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 during the last quarter. IFP Advisors Inc raised its position 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 during the last quarter. National Planning Corp raised its position 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 during the last quarter. Finally, IFC Holdings Incorporated FL raised its position in HANCOCK PAT -II by 13.5% in the second quarter. IFC Holdings Incorporated FL now owns 72,851 shares of the real estate investment trust’s stock valued at $1,220,000 after buying an additional 8,645 shares during the last quarter. 7.59% of the stock is currently owned by hedge funds and other institutional investors.

HANCOCK PAT -II (NYSE:PDT) opened at 17.00 on Friday. HANCOCK PAT -II has a 1-year low of $13.22 and a 1-year high of $17.49. The firm has a 50-day moving average price of $16.91 and a 200 day moving average price of $16.34.

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

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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.

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

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