Hennion & Walsh Asset Management Inc. Boosts Stock Position in John Hancock Income Securities Trust (NYSE:JHS)

Hennion & Walsh Asset Management Inc. grew its stake in John Hancock Income Securities Trust (NYSE:JHS) by 11.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 194,969 shares of the financial services provider’s stock after purchasing an additional 19,675 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in John Hancock Income Securities Trust were worth $2,183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its holdings in John Hancock Income Securities Trust by 0.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,563,643 shares of the financial services provider’s stock valued at $18,177,000 after acquiring an additional 11,472 shares during the last quarter. Fiera Capital Corp lifted its holdings in John Hancock Income Securities Trust by 2.7% in the third quarter. Fiera Capital Corp now owns 70,009 shares of the financial services provider’s stock valued at $814,000 after acquiring an additional 1,836 shares during the last quarter. Shaker Financial Services LLC lifted its holdings in John Hancock Income Securities Trust by 33.0% in the third quarter. Shaker Financial Services LLC now owns 57,330 shares of the financial services provider’s stock valued at $666,000 after acquiring an additional 14,217 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in John Hancock Income Securities Trust by 1,062.5% in the third quarter. International Assets Investment Management LLC now owns 12,788 shares of the financial services provider’s stock valued at $149,000 after acquiring an additional 11,688 shares during the last quarter. Finally, Petra Financial Advisors Inc. acquired a new position in John Hancock Income Securities Trust in the third quarter valued at approximately $129,000.

John Hancock Income Securities Trust Trading Up 0.3 %

JHS opened at $11.20 on Friday. The business’s 50 day moving average price is $11.37 and its 200 day moving average price is $11.43. John Hancock Income Securities Trust has a one year low of $10.68 and a one year high of $11.87.

John Hancock Income Securities Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th were given a dividend of $0.2017 per share. This represents a $0.81 dividend on an annualized basis and a dividend yield of 7.20%. The ex-dividend date of this dividend was Thursday, December 12th.

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.