Insider Buying: John Hancock Investors Trust (NYSE:JHI) Insider Buys $10,066.00 in Stock

John Hancock Investors Trust (NYSE:JHI) insider William K. Bacic bought 719 shares of the firm’s stock in a transaction on Tuesday, January 14th. The stock was bought at an average cost of $14.00 per share, for a total transaction of $10,066.00. Following the transaction, the insider now directly owns 719 shares of the company’s stock, valued at $10,066. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

John Hancock Investors Trust Price Performance

Shares of JHI opened at $14.01 on Friday. John Hancock Investors Trust has a 1 year low of $12.82 and a 1 year high of $14.48. The company’s 50-day simple moving average is $14.03 and its 200-day simple moving average is $13.85.

John Hancock Investors Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th were given a dividend of $0.3455 per share. The ex-dividend date was Thursday, December 12th. This represents a $1.38 annualized dividend and a dividend yield of 9.86%.

Institutional Trading of John Hancock Investors Trust

Several hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC increased its stake in shares of John Hancock Investors Trust by 1.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 101,503 shares of the financial services provider’s stock worth $1,427,000 after buying an additional 1,015 shares during the period. Landscape Capital Management L.L.C. increased its stake in shares of John Hancock Investors Trust by 10.4% during the third quarter. Landscape Capital Management L.L.C. now owns 26,077 shares of the financial services provider’s stock worth $367,000 after buying an additional 2,460 shares during the period. Capital Investment Advisors LLC increased its stake in shares of John Hancock Investors Trust by 2.0% during the third quarter. Capital Investment Advisors LLC now owns 153,018 shares of the financial services provider’s stock worth $2,151,000 after buying an additional 2,940 shares during the period. HighTower Advisors LLC purchased a new stake in shares of John Hancock Investors Trust during the third quarter worth approximately $138,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of John Hancock Investors Trust during the third quarter worth approximately $402,000. Institutional investors and hedge funds own 27.01% of the company’s stock.

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.