88,667 Shares in John Hancock Preferred Income ETF (NYSEARCA:JHPI) Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in shares of John Hancock Preferred Income ETF (NYSEARCA:JHPI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 88,667 shares of the company’s stock, valued at approximately $1,942,000. Sanctuary Advisors LLC owned about 5.07% of John Hancock Preferred Income ETF as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JHPI. Quad Cities Investment Group LLC grew its position in John Hancock Preferred Income ETF by 11.3% during the 1st quarter. Quad Cities Investment Group LLC now owns 16,200 shares of the company’s stock worth $364,000 after acquiring an additional 1,649 shares during the last quarter. CWM LLC bought a new stake in shares of John Hancock Preferred Income ETF during the second quarter worth $79,000. Granite Bay Wealth Management LLC increased its stake in shares of John Hancock Preferred Income ETF by 6,734.7% in the second quarter. Granite Bay Wealth Management LLC now owns 28,548,107 shares of the company’s stock valued at $636,158,000 after buying an additional 28,130,412 shares in the last quarter. Robbins Farley raised its holdings in shares of John Hancock Preferred Income ETF by 2.7% in the second quarter. Robbins Farley now owns 108,565 shares of the company’s stock valued at $2,427,000 after buying an additional 2,852 shares during the last quarter. Finally, 1620 Investment Advisors Inc. lifted its position in John Hancock Preferred Income ETF by 5.6% during the 2nd quarter. 1620 Investment Advisors Inc. now owns 48,357 shares of the company’s stock worth $1,081,000 after buying an additional 2,559 shares in the last quarter.

John Hancock Preferred Income ETF Stock Performance

JHPI opened at $23.28 on Wednesday. The firm has a 50-day moving average price of $22.90 and a two-hundred day moving average price of $22.55. John Hancock Preferred Income ETF has a 1-year low of $19.86 and a 1-year high of $23.49.

About John Hancock Preferred Income ETF

The John Hancock Preferred Income ETF (JHPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that attempts to generate income by primarily investing in preferred securities in the US market. JHPI was launched on Dec 14, 2021 and is managed by John Hancock.