Rothschild Investment LLC Has $1.38 Million Position in John Hancock Income Securities Trust (NYSE:JHS)

Rothschild Investment LLC lessened its position in shares of John Hancock Income Securities Trust (NYSE:JHS) by 3.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 122,797 shares of the financial services provider’s stock after selling 4,582 shares during the period. Rothschild Investment LLC’s holdings in John Hancock Income Securities Trust were worth $1,375,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in JHS. Huntington National Bank lifted its stake in John Hancock Income Securities Trust by 135.2% during the third 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 during the last quarter. Petra Financial Advisors Inc. acquired a new position in shares of John Hancock Income Securities Trust during the 3rd quarter worth $129,000. International Assets Investment Management LLC lifted its position in shares of 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 worth $149,000 after buying an additional 11,688 shares during the last quarter. Shaker Financial Services LLC boosted its stake in John Hancock Income Securities Trust by 33.0% in the third quarter. Shaker Financial Services LLC now owns 57,330 shares of the financial services provider’s stock valued at $666,000 after buying an additional 14,217 shares in the last quarter. Finally, Fiera Capital Corp grew its position in John Hancock Income Securities Trust by 2.7% in the third 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 last quarter.

John Hancock Income Securities Trust Price Performance

Shares of NYSE JHS opened at $11.26 on Tuesday. John Hancock Income Securities Trust has a 12 month low of $10.68 and a 12 month high of $11.87. The stock has a 50-day moving average price of $11.21 and a two-hundred day moving average price of $11.43.

John Hancock Income Securities Trust Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, December 12th were given a dividend of $0.2017 per share. This represents a $0.81 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date of this dividend was Thursday, December 12th.

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.