John Hancock Income Securities Trust (NYSE:JHS - Get Free Report) insider Noni L. Ellison acquired 980 shares of John Hancock Income Securities Trust stock in a transaction that occurred on Monday, December 23rd. The stock was bought at an average price of $11.53 per share, with a total value of $11,299.40. Following the purchase, the insider now directly owns 2,083 shares of the company's stock, valued at approximately $24,016.99. This trade represents a 88.85 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.
John Hancock Income Securities Trust Price Performance
Shares of John Hancock Income Securities Trust stock opened at $11.26 on Friday. The company has a 50-day moving average of $11.49 and a two-hundred day moving average of $11.40. John Hancock Income Securities Trust has a 12-month low of $10.68 and a 12-month high of $11.87.
John Hancock Income Securities Trust Cuts Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Thursday, December 12th will be issued a dividend of $0.2017 per share. The ex-dividend date is Thursday, December 12th. This represents a $0.81 annualized dividend and a yield of 7.17%.
Institutional Trading of John Hancock Income Securities Trust
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Several large investors have recently bought and sold shares of the company. Wolverine Asset Management LLC purchased a new stake in shares of John Hancock Income Securities Trust in the 2nd quarter worth about $48,000. Huntington National Bank lifted its holdings in shares of John Hancock Income Securities Trust by 135.2% in the third quarter. Huntington National Bank now owns 5,470 shares of the financial services provider's stock valued at $64,000 after purchasing an additional 3,144 shares in the last quarter. Petra Financial Advisors Inc. acquired a new stake in shares of John Hancock Income Securities Trust in the third quarter valued at approximately $129,000. International Assets Investment Management LLC increased its stake in shares of John Hancock Income Securities Trust by 1,062.5% during the 3rd quarter. International Assets Investment Management LLC now owns 12,788 shares of the financial services provider's stock worth $149,000 after purchasing an additional 11,688 shares in the last quarter. Finally, Shaker Financial Services LLC raised its position in shares of John Hancock Income Securities Trust by 66.4% during 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 during the last quarter.
John Hancock Income Securities Trust Company Profile
(
Get Free Report)
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.
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