90,975 John Hancock Corporate Bond ETF $JHCB Shares Acquired by Simplicity Wealth LLC

Simplicity Wealth LLC raised its holdings in John Hancock Corporate Bond ETF (NYSEARCA:JHCB) by 80.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 203,802 shares of the company’s stock after acquiring an additional 90,975 shares during the quarter. Simplicity Wealth LLC’s holdings in John Hancock Corporate Bond ETF were worth $4,080,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Granite Bay Wealth Management LLC lifted its position in John Hancock Corporate Bond ETF by 8.5% during the 1st quarter. Granite Bay Wealth Management LLC now owns 1,789,236 shares of the company’s stock worth $37,835,000 after buying an additional 140,910 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of John Hancock Corporate Bond ETF by 28.5% during the 1st quarter. Cetera Investment Advisers now owns 1,399,940 shares of the company’s stock worth $29,637,000 after buying an additional 310,804 shares during the last quarter. CoreCap Advisors LLC boosted its stake in shares of John Hancock Corporate Bond ETF by 11.0% during the 2nd quarter. CoreCap Advisors LLC now owns 31,120 shares of the company’s stock worth $660,000 after buying an additional 3,077 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of John Hancock Corporate Bond ETF by 2.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 217,375 shares of the company’s stock valued at $4,611,000 after acquiring an additional 4,158 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its holdings in shares of John Hancock Corporate Bond ETF by 23.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 17,923 shares of the company’s stock valued at $380,000 after acquiring an additional 3,424 shares in the last quarter.

John Hancock Corporate Bond ETF Price Performance

NYSEARCA:JHCB opened at $20.31 on Monday. The stock’s 50-day simple moving average is $20.44 and its 200 day simple moving average is $20.90. John Hancock Corporate Bond ETF has a 52-week low of $19.83 and a 52-week high of $22.03.

John Hancock Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Monday, September 28th were given a dividend of $0.0825 per share. This represents a $0.99 annualized dividend and a yield of 4.9%. This is a drop from John Hancock Corporate Bond ETF’s previous monthly dividend of $0.1011. The ex-dividend date of this dividend was Monday, September 28th.

John Hancock Corporate Bond ETF Company Profile

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.