Iams Wealth Management LLC Invests $2.49 Million in John Hancock Mortgage-Backed Securities ETF $JHMB

Iams Wealth Management LLC purchased a new position in shares of John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) in the fourth quarter, Holdings Channel.com reports. The fund purchased 112,136 shares of the company’s stock, valued at approximately $2,485,000.

A number of other institutional investors also recently modified their holdings of the business. Flagship Harbor Advisors LLC raised its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 7.3% during the 4th quarter. Flagship Harbor Advisors LLC now owns 337,252 shares of the company’s stock worth $7,474,000 after buying an additional 22,960 shares in the last quarter. FFG Retirement Advisors LLC increased its holdings in John Hancock Mortgage-Backed Securities ETF by 0.4% in the 4th quarter. FFG Retirement Advisors LLC now owns 325,944 shares of the company’s stock worth $7,223,000 after purchasing an additional 1,243 shares in the last quarter. Triumph Capital Management acquired a new position in John Hancock Mortgage-Backed Securities ETF in the 3rd quarter worth about $44,000. Private Advisor Group LLC increased its holdings in John Hancock Mortgage-Backed Securities ETF by 709.2% in the 3rd quarter. Private Advisor Group LLC now owns 690,119 shares of the company’s stock worth $15,272,000 after purchasing an additional 604,835 shares in the last quarter. Finally, Journey Strategic Wealth LLC increased its holdings in John Hancock Mortgage-Backed Securities ETF by 7.3% in the 3rd quarter. Journey Strategic Wealth LLC now owns 492,313 shares of the company’s stock worth $10,895,000 after purchasing an additional 33,565 shares in the last quarter.

John Hancock Mortgage-Backed Securities ETF Stock Down 0.0%

Shares of JHMB opened at $22.16 on Friday. John Hancock Mortgage-Backed Securities ETF has a 12-month low of $21.36 and a 12-month high of $22.60. The business has a 50-day simple moving average of $22.23 and a two-hundred day simple moving average of $22.25.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Wednesday, February 25th were issued a $0.0573 dividend. This represents a c) dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Wednesday, February 25th. This is a boost from John Hancock Mortgage-Backed Securities ETF’s previous monthly dividend of $0.04.

About John Hancock Mortgage-Backed Securities ETF

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity. JHMB was launched on Aug 19, 2021 and is managed by John Hancock.