Claraphi Advisory Network LLC bought a new position in shares of John Hancock Patriot Premium Div Fund II (NYSE:PDT) during the 4th quarter, Holdings Channel reports. The institutional investor bought 12,107 shares of the real estate investment trust’s stock, valued at approximately $207,000.

A number of other large investors have also recently made changes to their positions in PDT. Raymond James Financial Services Advisors Inc. raised its holdings in John Hancock Patriot Premium Div Fund II by 3.6% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 75,020 shares of the real estate investment trust’s stock worth $1,257,000 after purchasing an additional 2,586 shares in the last quarter. Advisory Services Network LLC raised its holdings in John Hancock Patriot Premium Div Fund II by 3.2% during the second quarter. Advisory Services Network LLC now owns 85,707 shares of the real estate investment trust’s stock worth $1,436,000 after purchasing an additional 2,650 shares in the last quarter. IFC Holdings Incorporated FL raised its holdings in John Hancock Patriot Premium Div Fund II by 22.3% during the third quarter. IFC Holdings Incorporated FL now owns 89,124 shares of the real estate investment trust’s stock worth $1,502,000 after purchasing an additional 16,273 shares in the last quarter. Ausdal Financial Partners Inc. raised its holdings in John Hancock Patriot Premium Div Fund II by 12.2% during the third quarter. Ausdal Financial Partners Inc. now owns 79,255 shares of the real estate investment trust’s stock worth $1,337,000 after purchasing an additional 8,620 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in John Hancock Patriot Premium Div Fund II by 36.9% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 96,569 shares of the real estate investment trust’s stock worth $1,629,000 after purchasing an additional 26,013 shares in the last quarter. 6.67% of the stock is currently owned by hedge funds and other institutional investors.

Shares of John Hancock Patriot Premium Div Fund II (NYSE:PDT) opened at $15.12 on Thursday. John Hancock Patriot Premium Div Fund II has a twelve month low of $14.50 and a twelve month high of $17.33.

The company also recently announced a monthly dividend, which will be paid on Wednesday, February 28th. Investors of record on Monday, February 12th will be issued a dividend of $0.0975 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $1.17 annualized dividend and a yield of 7.74%.

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About John Hancock Patriot Premium Div Fund 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 John Hancock Patriot Premium Div Fund II (NYSE:PDT).

Institutional Ownership by Quarter for John Hancock Patriot Premium Div Fund II (NYSE:PDT)

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