John Hancock Monetary Alternatives Fund (NYSE:BTO – Get Free Report)’s share worth crossed above its fifty day transferring common throughout buying and selling on Wednesday . The inventory has a fifty day transferring common of $32.15 and traded as excessive as $32.88. John Hancock Monetary Alternatives Fund shares final traded at $32.18, with a quantity of 32,141 shares.
John Hancock Monetary Alternatives Fund Buying and selling Up 1.2 %
The inventory’s fifty day easy transferring common is $32.14 and its 200-day easy transferring common is $29.66.
John Hancock Monetary Alternatives Fund Dividend Announcement
The agency additionally just lately introduced a quarterly dividend, which was paid on Monday, September thirtieth. Shareholders of report on Friday, September thirteenth had been issued a dividend of $0.65 per share. The ex-dividend date was Friday, September thirteenth. This represents a $2.60 dividend on an annualized foundation and a yield of 8.08%.
Institutional Traders Weigh In On John Hancock Monetary Alternatives Fund
Plenty of hedge funds and different institutional traders have just lately modified their holdings of the corporate. Janney Montgomery Scott LLC raised its holdings in shares of John Hancock Monetary Alternatives Fund by 0.9% within the 1st quarter. Janney Montgomery Scott LLC now owns 210,614 shares of the monetary providers supplier’s inventory valued at $6,230,000 after buying a further 1,818 shares within the final quarter. Cornerstone Advisors LLC acquired a brand new stake in shares of John Hancock Monetary Alternatives Fund within the 2nd quarter valued at $2,727,000. Aurora Funding Counsel raised its holdings in shares of John Hancock Monetary Alternatives Fund by 0.5% within the 2nd quarter. Aurora Funding Counsel now owns 89,279 shares of the monetary providers supplier’s inventory valued at $2,501,000 after buying a further 429 shares within the final quarter. Shaker Monetary Providers LLC grew its place in shares of John Hancock Monetary Alternatives Fund by 92.5% within the 2nd quarter. Shaker Monetary Providers LLC now owns 40,840 shares of the monetary providers supplier’s inventory valued at $1,144,000 after shopping for a further 19,629 shares over the past quarter. Lastly, Wolverine Asset Administration LLC grew its place in shares of John Hancock Monetary Alternatives Fund by 400.0% within the 2nd quarter. Wolverine Asset Administration LLC now owns 39,148 shares of the monetary providers supplier’s inventory valued at $1,097,000 after shopping for a further 31,319 shares over the past quarter. 19.55% of the inventory is presently owned by institutional traders and hedge funds.
John Hancock Monetary Alternatives Fund Firm Profile
John Hancock Monetary Alternatives Fund is a closed-ended fairness mutual fund launched and managed by John Hancock Funding Administration LLC. It’s co-managed by John Hancock Asset Administration. The fund invests within the public fairness markets throughout the globe. It seeks to put money into the shares of firms working throughout the monetary providers sector.
Learn Extra
Obtain Information & Scores for John Hancock Monetary Alternatives Fund Each day – Enter your e-mail handle under to obtain a concise day by day abstract of the most recent information and analysts’ scores for John Hancock Monetary Alternatives Fund and associated firms with MarketBeat.com’s FREE day by day e-mail e-newsletter.