Insider Buying: John Hancock Investors Trust (NYSE:JHI) Insider Buys $11,280.00 in Stock

John Hancock Investors Trust (NYSE:JHIGet Free Report) insider Noni L. Ellison acquired 800 shares of the company’s stock in a transaction dated Monday, December 23rd. The stock was bought at an average cost of $14.10 per share, for a total transaction of $11,280.00. Following the completion of the transaction, the insider now directly owns 1,744 shares of the company’s stock, valued at approximately $24,590.40. This trade represents a 84.75 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

John Hancock Investors Trust Trading Down 0.6 %

Shares of JHI opened at $13.77 on Friday. John Hancock Investors Trust has a 52 week low of $12.82 and a 52 week high of $14.48. The firm’s 50-day simple moving average is $14.10 and its 200 day simple moving average is $13.79.

John Hancock Investors Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.3455 per share. This represents a $1.38 dividend on an annualized basis and a dividend yield of 10.04%. The ex-dividend date is Thursday, December 12th.

Hedge Funds Weigh In On John Hancock Investors Trust

A number of large investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its stake in John Hancock Investors Trust by 1.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 101,503 shares of the financial services provider’s stock valued at $1,427,000 after purchasing an additional 1,015 shares during the period. Landscape Capital Management L.L.C. lifted its holdings in shares of 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 worth $367,000 after buying an additional 2,460 shares in the last quarter. Capital Investment Advisors LLC boosted its position in shares of John Hancock Investors Trust by 2.0% in the third quarter. Capital Investment Advisors LLC now owns 153,018 shares of the financial services provider’s stock valued at $2,151,000 after acquiring an additional 2,940 shares during the period. HighTower Advisors LLC bought a new stake in shares of John Hancock Investors Trust in the third quarter valued at about $138,000. Finally, Integrated Wealth Concepts LLC bought a new position in John Hancock Investors Trust during the third quarter worth about $402,000. Institutional investors own 27.01% of the company’s stock.

About John Hancock Investors Trust

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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.

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