Robinson Capital Management LLC Increases Stock Position in John Hancock Investors Trust (NYSE:JHI)

Robinson Capital Management LLC grew its stake in John Hancock Investors Trust (NYSE:JHI) by 398.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,700 shares of the financial services provider’s stock after buying an additional 34,930 shares during the period. Robinson Capital Management LLC owned approximately 0.50% of John Hancock Investors Trust worth $598,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its holdings in shares of John Hancock Investors Trust by 1.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 101,503 shares of the financial services provider’s stock worth $1,427,000 after acquiring an additional 1,015 shares during the last quarter. Landscape Capital Management L.L.C. raised its position in 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 valued at $367,000 after purchasing an additional 2,460 shares in the last quarter. HighTower Advisors LLC bought a new stake in John Hancock Investors Trust during the third quarter worth about $138,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of John Hancock Investors Trust in the 3rd quarter worth about $402,000. Institutional investors own 27.01% of the company’s stock.

John Hancock Investors Trust Price Performance

Shares of NYSE JHI opened at $14.21 on Tuesday. The stock’s 50-day moving average is $13.97 and its 200 day moving average is $13.96. John Hancock Investors Trust has a 1-year low of $12.82 and a 1-year high of $14.48.

John Hancock Investors Trust Announces 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 $0.3455 per share. This represents a $1.38 annualized dividend and a dividend yield of 9.73%. The ex-dividend date of this dividend was Thursday, December 12th.

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.