John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Stock Crosses Below 200 Day Moving Average – What’s Next?

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $21.89 and traded as low as $21.77. John Hancock Mortgage-Backed Securities ETF shares last traded at $21.83, with a volume of 4,821 shares changing hands.

John Hancock Mortgage-Backed Securities ETF Stock Performance

The business’s 50-day moving average is $21.96 and its two-hundred day moving average is $21.89.

John Hancock Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.0857 per share. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from John Hancock Mortgage-Backed Securities ETF’s previous dividend of $0.08.

Institutional Investors Weigh In On John Hancock Mortgage-Backed Securities ETF

A number of institutional investors have recently modified their holdings of the business. Nottingham Advisors Inc. bought a new stake in shares of John Hancock Mortgage-Backed Securities ETF during the 3rd quarter valued at about $261,000. Cabot Wealth Management Inc. grew its position in shares of John Hancock Mortgage-Backed Securities ETF by 10.3% during the 3rd quarter. Cabot Wealth Management Inc. now owns 684,737 shares of the company’s stock valued at $15,304,000 after buying an additional 63,867 shares during the last quarter. Granite Bay Wealth Management LLC acquired a new position in John Hancock Mortgage-Backed Securities ETF during the 2nd quarter valued at about $10,081,000. Fidelity D & D Bancorp Inc. boosted its stake in John Hancock Mortgage-Backed Securities ETF by 19.5% during the 2nd quarter. Fidelity D & D Bancorp Inc. now owns 162,578 shares of the company’s stock valued at $3,495,000 after purchasing an additional 26,478 shares during the period. Finally, Commonwealth Equity Services LLC boosted its stake in John Hancock Mortgage-Backed Securities ETF by 216.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 45,847 shares of the company’s stock valued at $986,000 after purchasing an additional 31,359 shares during the period.

John Hancock Mortgage-Backed Securities ETF Company Profile

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.