3,543 Shares in John Hancock Preferred Income ETF (NYSEARCA:JHPI) Purchased by Cwm LLC

Cwm LLC bought a new stake in John Hancock Preferred Income ETF (NYSEARCA:JHPI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 3,543 shares of the company’s stock, valued at approximately $79,000. Cwm LLC owned about 0.20% of John Hancock Preferred Income ETF at the end of the most recent quarter.

Separately, Quad Cities Investment Group LLC increased its stake in shares of John Hancock Preferred Income ETF by 11.3% during the 1st quarter. Quad Cities Investment Group LLC now owns 16,200 shares of the company’s stock valued at $364,000 after acquiring an additional 1,649 shares during the last quarter.

John Hancock Preferred Income ETF Trading Up 0.4 %

Shares of NYSEARCA:JHPI opened at $22.65 on Monday. John Hancock Preferred Income ETF has a 1 year low of $19.86 and a 1 year high of $22.67. The stock has a 50-day simple moving average of $22.48 and a 200-day simple moving average of $22.33.

John Hancock Preferred Income ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Wednesday, June 26th were issued a dividend of $0.1316 per share. The ex-dividend date of this dividend was Wednesday, June 26th. This is a boost from John Hancock Preferred Income ETF’s previous dividend of $0.07.

John Hancock Preferred Income ETF Company Profile

The John Hancock Preferred Income ETF (JHPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by primarily investing in preferred securities in the US market. JHPI was launched on Dec 14, 2021 and is managed by John Hancock.