Invesco Ltd. Has $4.97 Million Stock Holdings in John Hancock Preferred Income Fund III (NYSE:HPS)

Invesco Ltd. increased its position in shares of John Hancock Preferred Income Fund III (NYSE:HPS) by 4.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 257,238 shares of the company’s stock after acquiring an additional 10,198 shares during the period. Invesco Ltd.’s holdings in John Hancock Preferred Income Fund III were worth $4,973,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HPS. OLD National Bancorp IN boosted its position in shares of John Hancock Preferred Income Fund III by 13.8% during the 2nd quarter. OLD National Bancorp IN now owns 34,459 shares of the company’s stock worth $666,000 after acquiring an additional 4,169 shares in the last quarter. NEXT Financial Group Inc boosted its position in shares of John Hancock Preferred Income Fund III by 35.9% during the 2nd quarter. NEXT Financial Group Inc now owns 5,194 shares of the company’s stock worth $100,000 after acquiring an additional 1,372 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of John Hancock Preferred Income Fund III by 12.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 50,204 shares of the company’s stock worth $970,000 after acquiring an additional 5,466 shares in the last quarter. Joseph P. Lucia & Associates LLC acquired a new stake in shares of John Hancock Preferred Income Fund III during the 2nd quarter worth approximately $37,000. Finally, Steward Partners Investment Advisory LLC acquired a new stake in John Hancock Preferred Income Fund III in the second quarter valued at approximately $68,000.

Shares of John Hancock Preferred Income Fund III stock opened at $19.02 on Friday. John Hancock Preferred Income Fund III has a fifty-two week low of $14.53 and a fifty-two week high of $20.17. The company’s 50 day moving average price is $19.40 and its two-hundred day moving average price is $19.12.

The business also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Friday, October 11th will be given a $0.11 dividend. The ex-dividend date of this dividend is Thursday, October 10th. This represents a $1.32 dividend on an annualized basis and a yield of 6.94%.

John Hancock Preferred Income Fund III Profile

John Hancock Preferred Income Fund III is a closed ended fixed income mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the fixed income markets of the United States. It seeks to invest in securities of companies operating across diversified sectors.

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

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