John Hancock Corporate Bond ETF (NYSEARCA:JHCB) Short Interest Up 28.1% in April

John Hancock Corporate Bond ETF (NYSEARCA:JHCB) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totaling 5,094 shares, a growth of 28.1% from the March 31st total of 3,978 shares. Based on an average daily trading volume, of 10,271 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

John Hancock Corporate Bond ETF Stock Up 0.3%

JHCB traded up $0.07 during trading on Friday, reaching $21.24. 23,857 shares of the company’s stock were exchanged, compared to its average volume of 24,415. John Hancock Corporate Bond ETF has a fifty-two week low of $20.82 and a fifty-two week high of $22.03. The business has a 50 day moving average price of $21.37 and a 200 day moving average price of $21.57.

John Hancock Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Wednesday, February 25th were paid a dividend of $0.057 per share. This is an increase from John Hancock Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Wednesday, February 25th.

Institutional Investors Weigh In On John Hancock Corporate Bond ETF

A number of institutional investors have recently bought and sold shares of the business. Granite Bay Wealth Management LLC boosted its stake in John Hancock Corporate Bond ETF by 9.0% during the fourth quarter. Granite Bay Wealth Management LLC now owns 1,648,326 shares of the company’s stock worth $35,455,000 after buying an additional 135,734 shares in the last quarter. Cetera Investment Advisers boosted its stake in John Hancock Corporate Bond ETF by 1,510.6% during the fourth quarter. Cetera Investment Advisers now owns 1,089,136 shares of the company’s stock worth $23,427,000 after buying an additional 1,021,511 shares in the last quarter. Legacy CG LLC boosted its stake in John Hancock Corporate Bond ETF by 11.4% during the fourth quarter. Legacy CG LLC now owns 446,625 shares of the company’s stock worth $9,607,000 after buying an additional 45,663 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of John Hancock Corporate Bond ETF by 0.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 211,147 shares of the company’s stock valued at $4,586,000 after purchasing an additional 1,760 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of John Hancock Corporate Bond ETF by 54.3% in the 4th quarter. LPL Financial LLC now owns 188,352 shares of the company’s stock valued at $4,051,000 after purchasing an additional 66,304 shares in the last quarter.

About John Hancock Corporate Bond ETF

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.