John Hancock Corporate Bond ETF (NYSEARCA:JHCB – Get Free Report) was up 0.1% during mid-day trading on Monday . The stock traded as high as $20.98 and last traded at $20.97. Approximately 40,146 shares were traded during trading, an increase of 69% from the average daily volume of 23,734 shares. The stock had previously closed at $20.94.
John Hancock Corporate Bond ETF Price Performance
The business’s 50 day moving average is $20.99 and its 200-day moving average is $20.87.
Hedge Funds Weigh In On John Hancock Corporate Bond ETF
Institutional investors have recently modified their holdings of the business. Commonwealth Equity Services LLC grew its position in John Hancock Corporate Bond ETF by 73.6% in the first quarter. Commonwealth Equity Services LLC now owns 35,334 shares of the company’s stock valued at $750,000 after acquiring an additional 14,979 shares during the last quarter. MRP Capital Investments LLC bought a new stake in shares of John Hancock Corporate Bond ETF during the 4th quarter valued at approximately $1,156,000. The Manufacturers Life Insurance Company increased its position in John Hancock Corporate Bond ETF by 17.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,639,264 shares of the company’s stock worth $35,066,000 after purchasing an additional 243,690 shares in the last quarter. Finally, Granite Bay Wealth Management LLC lifted its stake in John Hancock Corporate Bond ETF by 28.9% in the 4th quarter. Granite Bay Wealth Management LLC now owns 12,204,556 shares of the company’s stock valued at $248,965,000 after purchasing an additional 2,739,023 shares during 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.
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