Centaurus Financial Inc. Has $385,000 Position in John Hancock Pref. Income Fund II (NYSE:HPF)

Centaurus Financial Inc. increased its stake in shares of John Hancock Pref. Income Fund II (NYSE:HPF) by 6,651.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,743 shares of the company’s stock after buying an additional 16,495 shares during the quarter. Centaurus Financial Inc.’s holdings in John Hancock Pref. Income Fund II were worth $385,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HPF. Joseph P. Lucia & Associates LLC bought a new position in shares of John Hancock Pref. Income Fund II in the 2nd quarter valued at $53,000. NEXT Financial Group Inc bought a new position in John Hancock Pref. Income Fund II during the 2nd quarter worth $122,000. TCG Advisors LP bought a new position in John Hancock Pref. Income Fund II during the 1st quarter worth $133,000. Capital Investment Advisors LLC bought a new position in John Hancock Pref. Income Fund II during the 2nd quarter worth $200,000. Finally, HighTower Advisors LLC bought a new position in John Hancock Pref. Income Fund II during the 2nd quarter worth $281,000.

NYSE:HPF traded up $0.03 during trading hours on Wednesday, hitting $23.15. 3,972 shares of the company were exchanged, compared to its average volume of 35,123. John Hancock Pref. Income Fund II has a one year low of $17.26 and a one year high of $23.82. The company has a fifty day simple moving average of $23.01 and a 200 day simple moving average of $22.58.

The business also recently announced a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a dividend of $0.14 per share. This represents a $1.68 annualized dividend and a yield of 7.26%. The ex-dividend date of this dividend is Thursday, September 12th.

About John Hancock Pref. Income Fund II

John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.

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Institutional Ownership by Quarter for John Hancock Pref. Income Fund II (NYSE:HPF)

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