John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) Short Interest Update

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 21,000 shares, a drop of 7.1% from the May 31st total of 22,600 shares. Based on an average daily volume of 74,700 shares, the short-interest ratio is presently 0.3 days.

John Hancock Tax-Advantaged Dividend Income Fund Stock Up 1.3 %

HTD traded up $0.26 during trading on Wednesday, hitting $20.48. The company’s stock had a trading volume of 77,232 shares, compared to its average volume of 81,923. John Hancock Tax-Advantaged Dividend Income Fund has a twelve month low of $16.17 and a twelve month high of $21.18. The business’s fifty day simple moving average is $20.15 and its 200 day simple moving average is $19.50.

John Hancock Tax-Advantaged Dividend Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Thursday, July 11th will be issued a $0.138 dividend. This represents a $1.66 annualized dividend and a yield of 8.09%. The ex-dividend date is Thursday, July 11th.

Institutional Trading of John Hancock Tax-Advantaged Dividend Income Fund

Institutional investors have recently bought and sold shares of the business. Blue Bell Private Wealth Management LLC acquired a new stake in John Hancock Tax-Advantaged Dividend Income Fund in the fourth quarter valued at approximately $27,000. Creekmur Asset Management LLC acquired a new stake in shares of John Hancock Tax-Advantaged Dividend Income Fund in the fourth quarter worth approximately $30,000. Global Retirement Partners LLC boosted its stake in shares of John Hancock Tax-Advantaged Dividend Income Fund by 97.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,977 shares of the company’s stock worth $38,000 after acquiring an additional 977 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of John Hancock Tax-Advantaged Dividend Income Fund by 238.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 3,003 shares of the company’s stock worth $57,000 after acquiring an additional 2,115 shares during the last quarter. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of John Hancock Tax-Advantaged Dividend Income Fund in the first quarter worth approximately $77,000.

John Hancock Tax-Advantaged Dividend Income Fund Company Profile

John Hancock Tax-Advantaged Dividend Income Fund is a closed ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management and Analytic Investors, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.