Robinson Capital Management LLC reduced its holdings in shares of John Hancock Investors Trust (NYSE:JHI) by 38.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,877 shares of the financial services provider’s stock after selling 27,033 shares during the period. Robinson Capital Management LLC’s holdings in John Hancock Investors Trust were worth $620,000 at the end of the most recent reporting period.
Other institutional investors have also modified their holdings of the company. Laurion Capital Management LP bought a new position in John Hancock Investors Trust during the 2nd quarter valued at about $1,393,000. Bank of America Corp DE lifted its holdings in John Hancock Investors Trust by 29.0% during the 2nd quarter. Bank of America Corp DE now owns 56,156 shares of the financial services provider’s stock valued at $896,000 after purchasing an additional 12,628 shares during the last quarter. Private Advisor Group LLC lifted its holdings in John Hancock Investors Trust by 24.8% during the 3rd quarter. Private Advisor Group LLC now owns 25,857 shares of the financial services provider’s stock valued at $416,000 after purchasing an additional 5,140 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in John Hancock Investors Trust by 15.2% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 164,541 shares of the financial services provider’s stock valued at $2,647,000 after purchasing an additional 21,727 shares during the last quarter. Institutional investors and hedge funds own 15.13% of the company’s stock.
Shares of NYSE JHI opened at $15.41 on Friday. John Hancock Investors Trust has a 1-year low of $13.37 and a 1-year high of $18.00.
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John Hancock Investors Trust Profile
John Hancock Investors Trust is a closed-ended fixed income mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. It invests in the fixed income markets across the globe. The fund primarily invests in a diversified portfolio of corporate and government bonds, debt securities.
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