OLD National Bancorp IN Acquires 3,880 Shares of John Hancock Preferred Income Fund III (HPS)

OLD National Bancorp IN boosted its holdings in John Hancock Preferred Income Fund III (NYSE:HPS) by 25.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,050 shares of the company’s stock after buying an additional 3,880 shares during the quarter. OLD National Bancorp IN owned 0.06% of John Hancock Preferred Income Fund III worth $357,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Cetera Advisor Networks LLC grew its position in John Hancock Preferred Income Fund III by 55.8% in the third quarter. Cetera Advisor Networks LLC now owns 58,862 shares of the company’s stock worth $1,113,000 after buying an additional 21,080 shares during the last quarter. Wells Fargo & Company MN grew its position in John Hancock Preferred Income Fund III by 21.8% in the second quarter. Wells Fargo & Company MN now owns 69,654 shares of the company’s stock worth $1,334,000 after buying an additional 12,445 shares during the last quarter. Shaker Financial Services LLC acquired a new position in John Hancock Preferred Income Fund III in the third quarter worth approximately $573,000. Royal Bank of Canada grew its position in John Hancock Preferred Income Fund III by 315.2% in the second quarter. Royal Bank of Canada now owns 267,263 shares of the company’s stock worth $5,121,000 after buying an additional 202,898 shares during the last quarter. Finally, Doliver Capital Advisors LP acquired a new position in John Hancock Preferred Income Fund III in the third quarter worth approximately $196,000.

John Hancock Preferred Income Fund III (HPS) opened at $17.14 on Thursday. John Hancock Preferred Income Fund III has a 12-month low of $16.80 and a 12-month high of $19.48.

The firm also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th will be given a $0.1222 dividend. The ex-dividend date of this dividend is Friday, February 9th. This represents a $1.47 annualized dividend and a yield of 8.56%.

ILLEGAL ACTIVITY WARNING: “OLD National Bancorp IN Acquires 3,880 Shares of John Hancock Preferred Income Fund III (HPS)” was reported by Week Herald and is the property of of Week Herald. If you are accessing this article on another domain, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The original version of this article can be accessed at https://weekherald.com/2018/02/15/old-national-bancorp-in-acquires-3880-shares-of-john-hancock-preferred-income-fund-iii-hps.html.

John Hancock Preferred Income Fund III Profile

John Hancock Preferred Income Fund III is a closed-end management investment company. The Fund seeks to provide a high level of current income consistent with preservation of capital. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary objective.

Want to see what other hedge funds are holding HPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for John Hancock Preferred Income Fund III (NYSE:HPS).

Institutional Ownership by Quarter for John Hancock Preferred Income Fund III (NYSE:HPS)

Receive News & Ratings for John Hancock Preferred Income Fund III Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Preferred Income Fund III and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply