John Hancock Corporate Bond ETF (NYSEARCA:JHCB – Get Free Report)’s share price was down 0.2% on Monday . The stock traded as low as $20.76 and last traded at $20.78. 12,358 shares changed hands during trading, a decline of 52% from the average session volume of 25,757 shares. The stock had previously closed at $20.83.
John Hancock Corporate Bond ETF Stock Performance
The stock has a 50-day moving average price of $21.05 and a 200-day moving average price of $21.25.
Institutional Investors Weigh In On John Hancock Corporate Bond ETF
A number of hedge funds have recently bought and sold shares of JHCB. Granite Bay Wealth Management LLC raised its position in shares of John Hancock Corporate Bond ETF by 8.5% in the 1st quarter. Granite Bay Wealth Management LLC now owns 1,789,236 shares of the company’s stock valued at $37,835,000 after purchasing an additional 140,910 shares in the last quarter. Cetera Investment Advisers grew its position in shares of John Hancock Corporate Bond ETF by 28.5% during the first quarter. Cetera Investment Advisers now owns 1,399,940 shares of the company’s stock worth $29,637,000 after buying an additional 310,804 shares in the last quarter. LPL Financial LLC grew its position in shares of John Hancock Corporate Bond ETF by 54.3% during the fourth quarter. LPL Financial LLC now owns 188,352 shares of the company’s stock worth $4,051,000 after buying an additional 66,304 shares in the last quarter. Simplicity Wealth LLC increased its stake in shares of John Hancock Corporate Bond ETF by 26.3% in the first quarter. Simplicity Wealth LLC now owns 98,561 shares of the company’s stock worth $2,087,000 after buying an additional 20,514 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its stake in shares of John Hancock Corporate Bond ETF by 21.9% in the fourth quarter. Commonwealth Equity Services LLC now owns 91,784 shares of the company’s stock worth $1,974,000 after buying an additional 16,486 shares during the last quarter.
John Hancock Corporate Bond ETF Company Profile
The John Hancock Corporate Bond ETF (JHCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is actively managed to focus on investment-grade corporate bonds, of any maturity, that are perceived as undervalued. JHCB was launched on Mar 30, 2021 and is managed by John Hancock.
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