John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD) Stock Price Passes Above 50-Day Moving Average – What’s Next?

John Hancock Tax-Advantaged Dividend Income Fund (NYSE:HTD)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $22.93 and traded as high as $23.57. John Hancock Tax-Advantaged Dividend Income Fund shares last traded at $23.38, with a volume of 33,950 shares trading hands.

John Hancock Tax-Advantaged Dividend Income Fund Stock Down 0.3 %

The company has a fifty day moving average price of $22.96 and a two-hundred day moving average price of $22.85.

John Hancock Tax-Advantaged Dividend Income Fund Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be given a dividend of $0.138 per share. The ex-dividend date of this dividend is Thursday, March 13th.

Hedge Funds Weigh In On John Hancock Tax-Advantaged Dividend Income Fund

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. acquired a new position in shares of John Hancock Tax-Advantaged Dividend Income Fund in the 3rd quarter worth approximately $26,000. Elequin Capital LP acquired a new position in shares of John Hancock Tax-Advantaged Dividend Income Fund in the 4th quarter worth approximately $46,000. Allworth Financial LP grew its stake in shares of John Hancock Tax-Advantaged Dividend Income Fund by 184.8% in the 4th quarter. Allworth Financial LP now owns 2,250 shares of the company’s stock worth $51,000 after purchasing an additional 1,460 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of John Hancock Tax-Advantaged Dividend Income Fund by 34.1% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 7,375 shares of the company’s stock worth $162,000 after purchasing an additional 1,875 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC grew its stake in shares of John Hancock Tax-Advantaged Dividend Income Fund by 32.4% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 7,757 shares of the company’s stock worth $171,000 after purchasing an additional 1,897 shares during the last quarter.

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.