Allspring Global Investments Holdings LLC Purchases 20,205 Shares of John Hancock Income Securities Trust (NYSE:JHS)

Allspring Global Investments Holdings LLC increased its holdings in John Hancock Income Securities Trust (NYSE:JHS) by 1.4% during the first quarter, Holdings Channel reports. The firm owned 1,472,258 shares of the financial services provider’s stock after acquiring an additional 20,205 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in John Hancock Income Securities Trust were worth $16,695,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in JHS. Raymond James Financial Inc. bought a new stake in shares of John Hancock Income Securities Trust during the fourth quarter worth $217,000. LPL Financial LLC boosted its stake in John Hancock Income Securities Trust by 5.6% in the fourth quarter. LPL Financial LLC now owns 35,139 shares of the financial services provider’s stock valued at $393,000 after acquiring an additional 1,867 shares in the last quarter. 1607 Capital Partners LLC grew its holdings in shares of John Hancock Income Securities Trust by 43.8% during the fourth quarter. 1607 Capital Partners LLC now owns 1,112,680 shares of the financial services provider’s stock valued at $12,456,000 after buying an additional 339,177 shares during the last quarter. Sit Investment Associates Inc. raised its position in John Hancock Income Securities Trust by 5.4% during the 4th quarter. Sit Investment Associates Inc. now owns 2,833,028 shares of the financial services provider’s stock worth $31,716,000 after buying an additional 145,059 shares during the last quarter. Finally, Stifel Financial Corp boosted its position in John Hancock Income Securities Trust by 18.8% during the fourth quarter. Stifel Financial Corp now owns 26,290 shares of the financial services provider’s stock worth $294,000 after purchasing an additional 4,160 shares in the last quarter.

John Hancock Income Securities Trust Stock Up 0.2%

Shares of NYSE:JHS opened at $11.34 on Thursday. John Hancock Income Securities Trust has a 1 year low of $10.62 and a 1 year high of $11.87. The business’s 50 day moving average price is $11.22 and its 200-day moving average price is $11.20.

John Hancock Income Securities Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 12th were given a dividend of $0.1435 per share. This is a boost from John Hancock Income Securities Trust’s previous quarterly dividend of $0.13. This represents a $0.57 annualized dividend and a yield of 5.06%. The ex-dividend date of this dividend was Thursday, June 12th.

John Hancock Income Securities Trust Profile

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.