John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Trading Up 0.7% – Here’s What Happened

Shares of John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) traded up 0.7% on Thursday . The stock traded as high as $21.76 and last traded at $21.75. 7,676 shares traded hands during trading, a decline of 32% from the average session volume of 11,354 shares. The stock had previously closed at $21.59.

John Hancock Mortgage-Backed Securities ETF Stock Performance

The company has a 50 day simple moving average of $22.17 and a two-hundred day simple moving average of $21.84.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.0857 dividend. The ex-dividend date was Thursday, September 26th. This is a positive change from John Hancock Mortgage-Backed Securities ETF’s previous dividend of $0.08.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC grew its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 216.4% during the second quarter. Commonwealth Equity Services LLC now owns 45,847 shares of the company’s stock worth $986,000 after purchasing an additional 31,359 shares during the last quarter. Granite Bay Wealth Management LLC purchased a new position in shares of John Hancock Mortgage-Backed Securities ETF during the second quarter worth about $10,081,000. Nottingham Advisors Inc. purchased a new position in shares of John Hancock Mortgage-Backed Securities ETF during the third quarter worth about $261,000. Cabot Wealth Management Inc. grew its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 10.3% during the third quarter. Cabot Wealth Management Inc. now owns 684,737 shares of the company’s stock worth $15,304,000 after purchasing an additional 63,867 shares during the last quarter. Finally, Fidelity D & D Bancorp Inc. grew its holdings in shares of John Hancock Mortgage-Backed Securities ETF by 19.5% during the second quarter. Fidelity D & D Bancorp Inc. now owns 162,578 shares of the company’s stock worth $3,495,000 after purchasing an additional 26,478 shares during the last quarter.

About John Hancock Mortgage-Backed Securities ETF

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity.