11,853 Shares in John Hancock Patriot Premium Div Fund II (PDT) Acquired by D.A. Davidson & CO.

Share on StockTwits

D.A. Davidson & CO. bought a new stake in John Hancock Patriot Premium Div Fund II (NYSE:PDT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 11,853 shares of the real estate investment trust’s stock, valued at approximately $164,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Flagship Harbor Advisors LLC bought a new position in shares of John Hancock Patriot Premium Div Fund II in the 4th quarter valued at about $33,000. Raymond James & Associates boosted its stake in shares of John Hancock Patriot Premium Div Fund II by 24.3% in the 2nd quarter. Raymond James & Associates now owns 17,533 shares of the real estate investment trust’s stock valued at $288,000 after purchasing an additional 3,428 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of John Hancock Patriot Premium Div Fund II by 3.0% in the 3rd quarter. Commonwealth Equity Services LLC now owns 126,857 shares of the real estate investment trust’s stock valued at $2,058,000 after purchasing an additional 3,707 shares during the last quarter. MML Investors Services LLC boosted its stake in shares of John Hancock Patriot Premium Div Fund II by 16.8% in the 3rd quarter. MML Investors Services LLC now owns 31,280 shares of the real estate investment trust’s stock valued at $508,000 after purchasing an additional 4,505 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of John Hancock Patriot Premium Div Fund II by 4.3% in the 3rd quarter. LPL Financial LLC now owns 252,147 shares of the real estate investment trust’s stock valued at $4,092,000 after purchasing an additional 10,413 shares during the last quarter. 5.43% of the stock is currently owned by institutional investors.

Shares of NYSE:PDT opened at $15.94 on Thursday. John Hancock Patriot Premium Div Fund II has a fifty-two week low of $12.98 and a fifty-two week high of $16.88.

The company also recently declared a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Monday, February 11th will be given a $0.0975 dividend. The ex-dividend date is Friday, February 8th. This represents a $1.17 dividend on an annualized basis and a dividend yield of 7.34%.

TRADEMARK VIOLATION WARNING: This piece of content was first posted by Week Herald and is owned by of Week Herald. If you are accessing this piece of content on another website, it was illegally stolen and reposted in violation of United States & international copyright law. The correct version of this piece of content can be read at https://weekherald.com/2019/02/14/11853-shares-in-john-hancock-patriot-premium-div-fund-ii-pdt-acquired-by-d-a-davidson-co.html.

John Hancock Patriot Premium Div Fund II Company Profile

John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.

Featured Story: Are all No-Load Funds Equal?

Want to see what other hedge funds are holding PDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for John Hancock Patriot Premium Div Fund II (NYSE:PDT).

Institutional Ownership by Quarter for John Hancock Patriot Premium Div Fund II (NYSE:PDT)

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

Leave a Reply