Stifel Financial Corp Has $257,000 Holdings in John Hancock Income Securities Trust (NYSE:JHS)

Stifel Financial Corp decreased its holdings in John Hancock Income Securities Trust (NYSE:JHS) by 34.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,130 shares of the financial services provider’s stock after selling 11,699 shares during the period. Stifel Financial Corp’s holdings in John Hancock Income Securities Trust were worth $257,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in JHS. Wolverine Asset Management LLC purchased a new position in John Hancock Income Securities Trust during the second quarter valued at approximately $48,000. Shaker Financial Services LLC grew its holdings in shares of John Hancock Income Securities Trust by 66.4% during the 2nd quarter. Shaker Financial Services LLC now owns 43,113 shares of the financial services provider’s stock valued at $470,000 after acquiring an additional 17,196 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of John Hancock Income Securities Trust by 0.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,563,643 shares of the financial services provider’s stock worth $18,177,000 after acquiring an additional 11,472 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of John Hancock Income Securities Trust by 1,062.5% during the third quarter. International Assets Investment Management LLC now owns 12,788 shares of the financial services provider’s stock worth $149,000 after acquiring an additional 11,688 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. boosted its position in John Hancock Income Securities Trust by 19.4% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 175,294 shares of the financial services provider’s stock valued at $2,038,000 after purchasing an additional 28,424 shares during the last quarter.

John Hancock Income Securities Trust Stock Performance

Shares of NYSE JHS opened at $11.17 on Monday. John Hancock Income Securities Trust has a one year low of $10.68 and a one year high of $11.87. The business’s 50-day moving average price is $11.48 and its two-hundred day moving average price is $11.40.

John Hancock Income Securities Trust Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Thursday, December 12th will be issued a $0.2017 dividend. The ex-dividend date is Thursday, December 12th. This represents a $0.81 dividend on an annualized basis and a yield of 7.22%.

John Hancock Income Securities Trust Company Profile

John Hancock Income Securities Trust is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of United States. It invests primarily in corporate and government bonds with average maturity of 7.57 years.