Allspring Global Investments Holdings LLC Boosts Holdings in John Hancock Income Securities Trust (NYSE:JHS)

Allspring Global Investments Holdings LLC increased its holdings in John Hancock Income Securities Trust (NYSE:JHS) by 0.7% during the third quarter, Holdings Channel reports. The firm owned 1,563,643 shares of the financial services provider’s stock after acquiring an additional 11,472 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in John Hancock Income Securities Trust were worth $18,177,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Shaker Financial Services LLC lifted its holdings in John Hancock Income Securities Trust by 66.4% in the 2nd quarter. Shaker Financial Services LLC now owns 43,113 shares of the financial services provider’s stock worth $470,000 after purchasing an additional 17,196 shares in the last quarter. Comerica Bank increased its stake in John Hancock Income Securities Trust by 66.7% in the 1st quarter. Comerica Bank now owns 2,500 shares of the financial services provider’s stock worth $28,000 after acquiring an additional 1,000 shares during the last quarter. Wolverine Asset Management LLC bought a new stake in John Hancock Income Securities Trust in the 2nd quarter worth approximately $48,000. Hennion & Walsh Asset Management Inc. increased its stake in John Hancock Income Securities Trust by 50.9% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 139,286 shares of the financial services provider’s stock worth $1,557,000 after acquiring an additional 46,989 shares during the last quarter. Finally, Karpus Management Inc. increased its stake in John Hancock Income Securities Trust by 149.6% in the 1st quarter. Karpus Management Inc. now owns 175,090 shares of the financial services provider’s stock worth $1,958,000 after acquiring an additional 104,929 shares during the last quarter.

John Hancock Income Securities Trust Stock Up 0.1 %

NYSE:JHS opened at $11.58 on Friday. John Hancock Income Securities Trust has a 1 year low of $9.76 and a 1 year high of $11.85. The stock’s 50 day simple moving average is $11.61 and its two-hundred day simple moving average is $11.29.

John Hancock Income Securities Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a $0.1132 dividend. This represents a $0.45 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date of this dividend was Friday, September 13th.

John Hancock Income Securities Trust Company Profile

John Hancock Income Securities Trust is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of United States. It invests primarily in corporate and government bonds with average maturity of 7.57 years.