Joseph P. Lucia & Associates LLC Takes Position in John Hancock Pref. Income Fund II (NYSE:HPF)

Joseph P. Lucia & Associates LLC acquired a new stake in John Hancock Pref. Income Fund II (NYSE:HPF) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,321 shares of the company’s stock, valued at approximately $53,000.

Several other institutional investors also recently bought and sold shares of the company. Advisor Group Inc. boosted its holdings in shares of John Hancock Pref. Income Fund II by 1.2% in the first quarter. Advisor Group Inc. now owns 44,061 shares of the company’s stock valued at $964,000 after acquiring an additional 513 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in John Hancock Pref. Income Fund II by 62.8% during the first quarter. PNC Financial Services Group Inc. now owns 2,019 shares of the company’s stock worth $44,000 after buying an additional 779 shares in the last quarter. Planning Solutions Group LLC boosted its holdings in John Hancock Pref. Income Fund II by 2.6% during the first quarter. Planning Solutions Group LLC now owns 54,032 shares of the company’s stock worth $1,182,000 after buying an additional 1,387 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in John Hancock Pref. Income Fund II by 3.2% during the second quarter. Commonwealth Equity Services LLC now owns 52,972 shares of the company’s stock worth $1,219,000 after buying an additional 1,660 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its holdings in John Hancock Pref. Income Fund II by 5.5% during the second quarter. Koshinski Asset Management Inc. now owns 55,646 shares of the company’s stock worth $1,281,000 after buying an additional 2,878 shares in the last quarter.

NYSE:HPF traded down $0.04 during trading hours on Tuesday, reaching $23.42. 550 shares of the company’s stock were exchanged, compared to its average volume of 34,724. John Hancock Pref. Income Fund II has a 12 month low of $17.26 and a 12 month high of $23.49. The stock has a 50-day moving average price of $23.02.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Thursday, July 11th will be issued a dividend of $0.14 per share. This represents a $1.68 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date is Wednesday, July 10th.

John Hancock Pref. Income Fund II Company Profile

John Hancock Preferred Income Fund II 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. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.

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Institutional Ownership by Quarter for John Hancock Pref. Income Fund II (NYSE:HPF)

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