John Hancock Core Plus Bond ETF (NYSEARCA:JHCP – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 46,293 shares, a decline of 96.2% from the September 30th total of 1,214,642 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 234,473 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Trading of John Hancock Core Plus Bond ETF
Several hedge funds have recently modified their holdings of the stock. Citadel Advisors LLC boosted its stake in John Hancock Core Plus Bond ETF by 74.1% during the second quarter. Citadel Advisors LLC now owns 31,668 shares of the company’s stock worth $794,000 after acquiring an additional 13,479 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in John Hancock Core Plus Bond ETF by 24.6% in the second quarter. Envestnet Asset Management Inc. now owns 54,278 shares of the company’s stock valued at $1,361,000 after purchasing an additional 10,732 shares in the last quarter. Focused Alpha LLC bought a new stake in John Hancock Core Plus Bond ETF in the third quarter valued at $7,355,000. Cetera Investment Advisers increased its stake in John Hancock Core Plus Bond ETF by 7.9% in the first quarter. Cetera Investment Advisers now owns 564,742 shares of the company’s stock valued at $14,201,000 after purchasing an additional 41,435 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of John Hancock Core Plus Bond ETF by 40.7% during the first quarter. The Manufacturers Life Insurance Company now owns 4,284,000 shares of the company’s stock valued at $107,725,000 after purchasing an additional 1,240,000 shares during the period.
John Hancock Core Plus Bond ETF Trading Up 0.1%
JHCP stock traded up $0.03 during mid-day trading on Monday, reaching $24.27. The company’s stock had a trading volume of 861,452 shares, compared to its average volume of 115,164. John Hancock Core Plus Bond ETF has a 12 month low of $23.72 and a 12 month high of $26.14. The business’s 50 day moving average price is $24.33 and its 200 day moving average price is $24.98.
John Hancock Core Plus Bond ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, September 28th were given a dividend of $0.0894 per share. This is a positive change from John Hancock Core Plus Bond ETF’s previous monthly dividend of $0.0864. The ex-dividend date of this dividend was Monday, September 28th. This represents a $1.07 annualized dividend and a dividend yield of 4.4%.
John Hancock Core Plus Bond ETF Company Profile
The John Hancock Core Plus Bond ETF (JHCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed with a focus on a diversified bond portfolio, which includes a potential 20% allocation to high-yield bonds. The fund aims for a high level of current income while also considering ESG factors in its investment analysis JHCP was launched on Dec 18, 2024 and is issued by John Hancock.
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