John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Sees Large Decrease in Short Interest

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 797 shares, a decline of 70.8% from the August 31st total of 2,734 shares. Based on an average daily volume of 33,099 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

John Hancock Mortgage-Backed Securities ETF Stock Performance

NYSEARCA:JHMB traded up $0.04 during trading hours on Friday, reaching $21.03. 8,563 shares of the company were exchanged, compared to its average volume of 43,738. The stock’s 50-day moving average is $21.54 and its 200-day moving average is $21.83. John Hancock Mortgage-Backed Securities ETF has a twelve month low of $20.95 and a twelve month high of $22.60.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Wednesday, July 29th were issued a dividend of $0.0996 per share. The ex-dividend date was Wednesday, July 29th. This represents a $1.20 annualized dividend and a dividend yield of 5.7%. This is an increase from John Hancock Mortgage-Backed Securities ETF’s previous monthly dividend of $0.0905.

Institutional Trading of John Hancock Mortgage-Backed Securities ETF

Several large investors have recently added to or reduced their stakes in the stock. Fidelity D & D Bancorp Inc. lifted its stake in shares of John Hancock Mortgage-Backed Securities ETF by 7.1% in the 1st quarter. Fidelity D & D Bancorp Inc. now owns 414,145 shares of the company’s stock valued at $9,117,000 after purchasing an additional 27,275 shares during the last quarter. J. R. Prunier Capital Management LLC raised its holdings in John Hancock Mortgage-Backed Securities ETF by 26.5% in the 1st quarter. J. R. Prunier Capital Management LLC now owns 78,499 shares of the company’s stock valued at $1,728,000 after buying an additional 16,427 shares during the period. Finally, Cadence Wealth Management LLC raised its holdings in John Hancock Mortgage-Backed Securities ETF by 14.5% in the 1st quarter. Cadence Wealth Management LLC now owns 14,529 shares of the company’s stock valued at $320,000 after buying an additional 1,845 shares during the period.

John Hancock Mortgage-Backed Securities ETF Company Profile

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.