John Hancock Investors Trust (NYSE:JHI) Insider Purchases $11,280.00 in Stock

John Hancock Investors Trust (NYSE:JHI) insider Noni L. Ellison bought 800 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was acquired at an average cost of $14.10 per share, for a total transaction of $11,280.00. Following the completion of the purchase, the insider now directly owns 1,744 shares in the company, valued at approximately $24,590.40. This represents a 84.75 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Hancock Investors Trust Price Performance

Shares of NYSE:JHI traded up $0.09 during midday trading on Thursday, hitting $13.87. The company had a trading volume of 8,057 shares, compared to its average volume of 21,864. John Hancock Investors Trust has a twelve month low of $12.82 and a twelve month high of $14.48. The business’s 50-day simple moving average is $14.12 and its 200-day simple moving average is $13.78.

John Hancock Investors Trust Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th will be paid a $0.3455 dividend. This represents a $1.38 dividend on an annualized basis and a dividend yield of 9.96%. The ex-dividend date of this dividend is Thursday, December 12th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of JHI. HighTower Advisors LLC purchased a new stake in shares of John Hancock Investors Trust in the third quarter valued at about $138,000. Landscape Capital Management L.L.C. grew its stake in shares of John Hancock Investors Trust by 10.4% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 26,077 shares of the financial services provider’s stock valued at $367,000 after buying an additional 2,460 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in shares of John Hancock Investors Trust during the 3rd quarter worth approximately $402,000. Allspring Global Investments Holdings LLC raised its position in shares of John Hancock Investors Trust by 16.9% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 100,488 shares of the financial services provider’s stock valued at $1,336,000 after buying an additional 14,545 shares during the period. Finally, Capital Investment Advisors LLC raised its position in shares of John Hancock Investors Trust by 2.0% during the 3rd quarter. Capital Investment Advisors LLC now owns 153,018 shares of the financial services provider’s stock valued at $2,151,000 after buying an additional 2,940 shares during the period. Hedge funds and other institutional investors 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.