John Hancock Corporate Bond ETF (NYSEARCA:JHCB – Get Free Report) traded down 0.2% on Monday . The stock traded as low as $20.76 and last traded at $20.78. 12,358 shares changed hands during trading, a decline of 52% from the average daily volume of 25,757 shares. The stock had previously closed at $20.83.
John Hancock Corporate Bond ETF Stock Down 0.2%
The business has a 50 day simple moving average of $21.05 and a 200-day simple moving average of $21.25.
Institutional Investors Weigh In On John Hancock Corporate Bond ETF
Hedge funds have recently modified their holdings of the stock. Cetera Investment Advisers grew its holdings in shares of John Hancock Corporate Bond ETF by 1,510.6% during the 4th quarter. Cetera Investment Advisers now owns 1,089,136 shares of the company’s stock worth $23,427,000 after purchasing an additional 1,021,511 shares during the period. Granite Bay Wealth Management LLC lifted its position in John Hancock Corporate Bond ETF by 8.5% during the first quarter. Granite Bay Wealth Management LLC now owns 1,789,236 shares of the company’s stock valued at $37,835,000 after buying an additional 140,910 shares in the last quarter. LPL Financial LLC grew its stake in John Hancock Corporate Bond ETF by 54.3% during the fourth quarter. LPL Financial LLC now owns 188,352 shares of the company’s stock worth $4,051,000 after buying an additional 66,304 shares during the period. Jane Street Group LLC grew its stake in John Hancock Corporate Bond ETF by 326.4% during the first quarter. Jane Street Group LLC now owns 65,185 shares of the company’s stock worth $1,384,000 after buying an additional 49,899 shares during the period. Finally, JPMorgan Chase & Co. acquired a new stake in shares of John Hancock Corporate Bond ETF in the third quarter worth $733,000.
About John Hancock Corporate Bond ETF
The John Hancock Corporate Bond ETF (JHCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is actively managed to focus on investment-grade corporate bonds, of any maturity, that are perceived as undervalued. JHCB was launched on Mar 30, 2021 and is managed by John Hancock.
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