Guggenheim Capital LLC Cuts Position in John Hancock Income Securities Trust (NYSE:JHS)

Guggenheim Capital LLC lowered its position in shares of John Hancock Income Securities Trust (NYSE:JHS) by 12.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 205,493 shares of the financial services provider’s stock after selling 28,436 shares during the quarter. Guggenheim Capital LLC’s holdings in John Hancock Income Securities Trust were worth $2,302,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JHS. Hennion & Walsh Asset Management Inc. grew its stake in John Hancock Income Securities Trust by 11.2% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 194,969 shares of the financial services provider’s stock worth $2,183,000 after buying an additional 19,675 shares during the period. Riverbridge Partners LLC lifted its holdings in shares of John Hancock Income Securities Trust by 1.8% during the 4th quarter. Riverbridge Partners LLC now owns 82,808 shares of the financial services provider’s stock valued at $927,000 after acquiring an additional 1,468 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in John Hancock Income Securities Trust during the 4th quarter worth $217,000. LPL Financial LLC increased its holdings in John Hancock Income Securities Trust by 5.6% in the 4th quarter. LPL Financial LLC now owns 35,139 shares of the financial services provider’s stock valued at $393,000 after purchasing an additional 1,867 shares in the last quarter. Finally, StoneX Group Inc. purchased a new position in John Hancock Income Securities Trust in the fourth quarter valued at about $152,000.

John Hancock Income Securities Trust Price Performance

Shares of NYSE JHS opened at $10.99 on Friday. John Hancock Income Securities Trust has a 1-year low of $10.62 and a 1-year high of $11.87. The business has a 50-day moving average of $11.20 and a 200-day moving average of $11.33.

John Hancock Income Securities Trust Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 13th were issued a $0.1318 dividend. This represents a $0.53 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date of this dividend was Thursday, March 13th.

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.