John Hancock Income Securities Trust (NYSE:JHS) Insider William K. Bacic Buys 911 Shares of Stock

John Hancock Income Securities Trust (NYSE:JHS) insider William K. Bacic bought 911 shares of John Hancock Income Securities Trust stock in a transaction that occurred on Tuesday, January 14th. The stock was bought at an average cost of $11.05 per share, for a total transaction of $10,066.55. Following the purchase, the insider now owns 911 shares in the company, valued at $10,066.55. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

John Hancock Income Securities Trust Price Performance

Shares of JHS stock opened at $11.14 on Thursday. John Hancock Income Securities Trust has a twelve month low of $10.68 and a twelve month high of $11.87. The firm has a 50-day moving average price of $11.38 and a 200 day moving average price of $11.43.

John Hancock Income Securities Trust Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th were paid a dividend of $0.2017 per share. This represents a $0.81 dividend on an annualized basis and a dividend yield of 7.24%. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Investors Weigh In On John Hancock Income Securities Trust

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Huntington National Bank boosted its stake in John Hancock Income Securities Trust by 135.2% in the 3rd quarter. Huntington National Bank now owns 5,470 shares of the financial services provider’s stock worth $64,000 after buying an additional 3,144 shares during the last quarter. Petra Financial Advisors Inc. acquired a new stake in shares of John Hancock Income Securities Trust in the third quarter worth approximately $129,000. International Assets Investment Management LLC grew 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 purchasing an additional 11,688 shares during the period. Shaker Financial Services LLC increased its position in John Hancock Income Securities Trust by 33.0% during the third quarter. Shaker Financial Services LLC now owns 57,330 shares of the financial services provider’s stock worth $666,000 after purchasing an additional 14,217 shares during the last quarter. Finally, Fiera Capital Corp raised its stake in John Hancock Income Securities Trust by 2.7% during the third quarter. Fiera Capital Corp now owns 70,009 shares of the financial services provider’s stock worth $814,000 after purchasing an additional 1,836 shares during the period.

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.