John Hancock Core Bond ETF (NYSEARCA:JHCR) Sees Large Decline in Short Interest

John Hancock Core Bond ETF (NYSEARCA:JHCR) was the recipient of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 7,061 shares, a decline of 60.8% from the September 30th total of 18,021 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 136,853 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On John Hancock Core Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its holdings in shares of John Hancock Core Bond ETF by 3.5% during the second quarter. The Manufacturers Life Insurance Company now owns 90,283,858 shares of the company’s stock valued at $2,280,164,000 after buying an additional 3,011,723 shares in the last quarter. Envestnet Asset Management Inc. acquired a new position in John Hancock Core Bond ETF during the second quarter valued at $11,407,000. Simplicity Wealth LLC raised its position in John Hancock Core Bond ETF by 72.4% during the third quarter. Simplicity Wealth LLC now owns 351,056 shares of the company’s stock valued at $8,443,000 after buying an additional 147,387 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in John Hancock Core Bond ETF in the 2nd quarter worth about $4,647,000. Finally, CoreCap Advisors LLC lifted its stake in John Hancock Core Bond ETF by 33.4% in the 3rd quarter. CoreCap Advisors LLC now owns 75,393 shares of the company’s stock worth $1,813,000 after acquiring an additional 18,897 shares in the last quarter.

John Hancock Core Bond ETF Price Performance

JHCR stock traded up $0.02 during mid-day trading on Friday, reaching $24.47. 247,778 shares of the stock traded hands, compared to its average volume of 577,433. John Hancock Core Bond ETF has a 52-week low of $23.89 and a 52-week high of $25.83. The stock’s fifty day moving average is $24.45 and its 200-day moving average is $25.09.

John Hancock Core Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Investors of record on Wednesday, October 28th were paid a $0.0982 dividend. The ex-dividend date of this dividend was Wednesday, October 28th. This represents a $1.18 dividend on an annualized basis and a yield of 4.8%. This is a positive change from John Hancock Core Bond ETF’s previous monthly dividend of $0.0853.

About John Hancock Core Bond ETF

The John Hancock Core Bond ETF (JHCR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing primarily in US investment-grade bonds, maintaining a focus on sound credit quality. The fund aims to provide a high level of current income while prioritizing the preservation of capital and liquidity JHCR was launched on Dec 18, 2024 and is issued by John Hancock.