John Hancock Preferred Income Fund II (NYSE:HPF - Get Free Report) insider Noni L. Ellison purchased 675 shares of John Hancock Preferred Income Fund II stock in a transaction dated Monday, December 23rd. The shares were purchased at an average cost of $16.49 per share, for a total transaction of $11,130.75. Following the completion of the transaction, the insider now owns 1,508 shares of the company's stock, valued at approximately $24,866.92. This represents a 81.03 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
John Hancock Preferred Income Fund II Trading Up 0.6 %
HPF stock opened at $16.47 on Friday. John Hancock Preferred Income Fund II has a 1-year low of $15.39 and a 1-year high of $19.00. The business's 50-day moving average price is $17.41 and its two-hundred day moving average price is $17.34.
John Hancock Preferred Income Fund II Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.1235 per share. This represents a $1.48 annualized dividend and a dividend yield of 9.00%. The ex-dividend date of this dividend is Thursday, December 12th.
Institutional Trading of John Hancock Preferred Income Fund II
Your chance to get on the next “60-Second Trade”
From WealthPress | Ad
Ever heard of the “60-Second Trade”?
It’s a unique cash flow strategy that lets regular traders target anywhere from $100 to a couple of thousand in extra cash flow in as little as 7 days…
In on Monday, out on Friday!
Just head over here!
A number of large investors have recently bought and sold shares of HPF. Thurston Springer Miller Herd & Titak Inc. bought a new position in John Hancock Preferred Income Fund II in the third quarter valued at approximately $33,000. Cornerstone Advisors LLC acquired a new stake in shares of John Hancock Preferred Income Fund II during the third quarter worth $69,000. Wedbush Securities Inc. lifted its position in John Hancock Preferred Income Fund II by 20.2% in the 2nd quarter. Wedbush Securities Inc. now owns 22,229 shares of the company's stock valued at $377,000 after acquiring an additional 3,729 shares in the last quarter. International Assets Investment Management LLC boosted its stake in John Hancock Preferred Income Fund II by 2,654.0% in the 3rd quarter. International Assets Investment Management LLC now owns 23,271 shares of the company's stock worth $434,000 after purchasing an additional 22,426 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in John Hancock Preferred Income Fund II by 5.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 65,032 shares of the company's stock worth $1,104,000 after purchasing an additional 3,361 shares in the last quarter.
About John Hancock Preferred Income Fund II
(
Get Free Report)
John Hancock Preferred Income Fund II 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 the United States. It seeks to invest in securities of companies operating across diversified sectors.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
