William K. Bacic Purchases 911 Shares of John Hancock Income Securities Trust (NYSE:JHS) Stock

John Hancock Income Securities Trust (NYSE:JHS) insider William K. Bacic acquired 911 shares of the business’s stock in a transaction dated Tuesday, January 14th. The stock was purchased at an average cost of $11.05 per share, for a total transaction of $10,066.55. Following the transaction, the insider now owns 911 shares in the company, valued at approximately $10,066.55. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

John Hancock Income Securities Trust Stock Up 0.3 %

Shares of John Hancock Income Securities Trust stock opened at $11.20 on Friday. The firm’s 50 day moving average price is $11.37 and its 200-day moving average price is $11.43. John Hancock Income Securities Trust has a 52-week low of $10.68 and a 52-week high of $11.87.

John Hancock Income Securities Trust Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, December 12th were paid a $0.2017 dividend. This represents a $0.81 dividend on an annualized basis and a yield of 7.20%. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Trading of John Hancock Income Securities Trust

Institutional investors have recently bought and sold shares of the stock. Huntington National Bank boosted its stake in John Hancock Income Securities Trust by 135.2% in the 3rd quarter. Huntington National Bank now owns 5,470 shares of the financial services provider’s stock worth $64,000 after purchasing an additional 3,144 shares in the last quarter. Petra Financial Advisors Inc. acquired a new stake in John Hancock Income Securities Trust during the 3rd quarter valued at approximately $129,000. International Assets Investment Management LLC lifted its stake in John Hancock Income Securities Trust by 1,062.5% during the 3rd quarter. International Assets Investment Management LLC now owns 12,788 shares of the financial services provider’s stock valued at $149,000 after acquiring an additional 11,688 shares during the period. Shaker Financial Services LLC lifted its stake in John Hancock Income Securities Trust by 33.0% during the 3rd quarter. Shaker Financial Services LLC now owns 57,330 shares of the financial services provider’s stock valued at $666,000 after acquiring an additional 14,217 shares during the period. Finally, Fiera Capital Corp lifted its stake in John Hancock Income Securities Trust by 2.7% during the 3rd quarter. Fiera Capital Corp now owns 70,009 shares of the financial services provider’s stock valued at $814,000 after acquiring an additional 1,836 shares during the period.

About John Hancock Income Securities Trust

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.