John Hancock Investors Trust (NYSE:JHI) Insider Acquires $11,280.00 in Stock

John Hancock Investors Trust (NYSE:JHI) insider Noni L. Ellison purchased 800 shares of the firm’s stock in a transaction dated Monday, December 23rd. The stock was acquired at an average cost of $14.10 per share, for a total transaction of $11,280.00. Following the purchase, the insider now owns 1,744 shares in the company, valued at approximately $24,590.40. The trade was a 84.75 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link.

John Hancock Investors Trust Price Performance

JHI opened at $13.85 on Friday. The stock’s 50-day moving average price is $14.12 and its 200 day moving average price is $13.78. John Hancock Investors Trust has a 12-month low of $12.82 and a 12-month high of $14.48.

John Hancock Investors Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th will be paid a $0.3455 dividend. This represents a $1.38 annualized dividend and a dividend yield of 9.98%. The ex-dividend date of this dividend is Thursday, December 12th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of JHI. Allspring Global Investments Holdings LLC raised its position in John Hancock Investors Trust by 1.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 101,503 shares of the financial services provider’s stock valued at $1,427,000 after purchasing an additional 1,015 shares in the last quarter. Landscape Capital Management L.L.C. raised its holdings in John Hancock Investors Trust by 10.4% in the third quarter. Landscape Capital Management L.L.C. now owns 26,077 shares of the financial services provider’s stock valued at $367,000 after acquiring an additional 2,460 shares in the last quarter. Capital Investment Advisors LLC lifted its stake in John Hancock Investors Trust by 2.0% in the third quarter. Capital Investment Advisors LLC now owns 153,018 shares of the financial services provider’s stock worth $2,151,000 after acquiring an additional 2,940 shares during the last quarter. HighTower Advisors LLC acquired a new position in John Hancock Investors Trust during the 3rd quarter worth approximately $138,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of John Hancock Investors Trust in the 3rd quarter valued at approximately $402,000. 27.01% of the stock is currently owned by hedge funds and other institutional investors.

About John Hancock Investors Trust

John Hancock Investors 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. It invests in the fixed income markets across the globe. The fund primarily invests in a diversified portfolio of corporate and government bonds, debt securities.