Jolley Asset Management LLC Acquires Shares of 102,402 John Hancock Tax-Advantage Dvd Incom Fd. (NYSE:HTD)

Jolley Asset Management LLC acquired a new stake in John Hancock Tax-Advantage Dvd Incom Fd. (NYSE:HTD) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 102,402 shares of the company’s stock, valued at approximately $2,800,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in HTD. First Trust Advisors LP increased its stake in John Hancock Tax-Advantage Dvd Incom Fd. by 1.4% in the 1st quarter. First Trust Advisors LP now owns 156,493 shares of the company’s stock valued at $3,881,000 after buying an additional 2,109 shares during the period. HighTower Advisors LLC grew its stake in shares of John Hancock Tax-Advantage Dvd Incom Fd. by 23.3% during the 2nd quarter. HighTower Advisors LLC now owns 12,254 shares of the company’s stock worth $313,000 after purchasing an additional 2,319 shares during the period. Mutual Advisors LLC grew its stake in shares of John Hancock Tax-Advantage Dvd Incom Fd. by 6.9% during the 2nd quarter. Mutual Advisors LLC now owns 69,429 shares of the company’s stock worth $1,763,000 after purchasing an additional 4,482 shares during the period. Royal Bank of Canada grew its stake in shares of John Hancock Tax-Advantage Dvd Incom Fd. by 7.7% during the 2nd quarter. Royal Bank of Canada now owns 50,015 shares of the company’s stock worth $1,270,000 after purchasing an additional 3,558 shares during the period. Finally, Amussen Hunsaker Associates LLC grew its stake in shares of John Hancock Tax-Advantage Dvd Incom Fd. by 110.8% during the 2nd quarter. Amussen Hunsaker Associates LLC now owns 26,299 shares of the company’s stock worth $671,000 after purchasing an additional 13,823 shares during the period.

Shares of NYSE:HTD traded down $0.15 on Friday, reaching $27.66. 2,700 shares of the company were exchanged, compared to its average volume of 63,847. John Hancock Tax-Advantage Dvd Incom Fd. has a 1-year low of $22.13 and a 1-year high of $28.53. The company has a 50-day moving average of $27.24 and a 200-day moving average of $26.72.

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, December 30th will be paid a dividend of $0.138 per share. The ex-dividend date of this dividend is Friday, December 27th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 5.99%.

John Hancock Tax-Advantage Dvd Incom Fd. Profile

John Hancock Tax-Advantaged Dividend Income Fund is a closed ended equity mutual fund launched and managed by John Hancock Advisers, 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.

Featured Story: Bid-Ask Spread

Want to see what other hedge funds are holding HTD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for John Hancock Tax-Advantage Dvd Incom Fd. (NYSE:HTD).

Institutional Ownership by Quarter for John Hancock Tax-Advantage Dvd Incom Fd. (NYSE:HTD)

Receive News & Ratings for John Hancock Tax-Advantage Dvd Incom Fd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Tax-Advantage Dvd Incom Fd. and related companies with MarketBeat.com's FREE daily email newsletter.