John Hancock Investors Trust (NYSE:JHI) Shares Sold by Hoertkorn Richard Charles

Hoertkorn Richard Charles trimmed its stake in shares of John Hancock Investors Trust (NYSE:JHI) by 17.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,000 shares of the financial services provider’s stock after selling 3,000 shares during the quarter. Hoertkorn Richard Charles owned 0.16% of John Hancock Investors Trust worth $192,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. HighTower Advisors LLC acquired a new stake in John Hancock Investors Trust in the third quarter valued at approximately $138,000. Robinson Capital Management LLC lifted its position in shares of John Hancock Investors Trust by 398.3% during the 4th quarter. Robinson Capital Management LLC now owns 43,700 shares of the financial services provider’s stock worth $598,000 after purchasing an additional 34,930 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of John Hancock Investors Trust during the third quarter worth $402,000. Morey & Quinn Wealth Partners LLC purchased a new position in John Hancock Investors Trust in the fourth quarter valued at $595,000. Finally, Aviance Capital Partners LLC raised its stake in John Hancock Investors Trust by 9.3% in the fourth quarter. Aviance Capital Partners LLC now owns 22,238 shares of the financial services provider’s stock valued at $304,000 after buying an additional 1,888 shares in the last quarter. Hedge funds and other institutional investors own 27.01% of the company’s stock.

John Hancock Investors Trust Trading Down 0.3 %

JHI opened at $13.60 on Friday. The business’s 50-day simple moving average is $13.95 and its 200-day simple moving average is $14.00. John Hancock Investors Trust has a one year low of $12.89 and a one year high of $14.48.

John Hancock Investors Trust Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 13th will be issued a $0.2349 dividend. This represents a $0.94 annualized dividend and a dividend yield of 6.91%. The ex-dividend date of this dividend is Thursday, March 13th.

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.