John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) Trading 0.8% Higher

John Hancock Mortgage-Backed Securities ETF (NYSEARCA:JHMB) shares shot up 0.8% during trading on Friday . The stock traded as high as $21.26 and last traded at $21.26. 2,334 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 9,929 shares. The stock had previously closed at $21.10.

John Hancock Mortgage-Backed Securities ETF Trading Up 0.8 %

The company’s 50-day simple moving average is $21.36 and its two-hundred day simple moving average is $21.31.

Institutional Investors Weigh In On John Hancock Mortgage-Backed Securities ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fidelity D & D Bancorp Inc. boosted its holdings in John Hancock Mortgage-Backed Securities ETF by 9.0% in the first quarter. Fidelity D & D Bancorp Inc. now owns 136,100 shares of the company’s stock worth $2,937,000 after purchasing an additional 11,225 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new stake in John Hancock Mortgage-Backed Securities ETF during the fourth quarter valued at $307,000. Finally, The Manufacturers Life Insurance Company lifted its holdings in John Hancock Mortgage-Backed Securities ETF by 43.9% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,943,493 shares of the company’s stock valued at $42,347,000 after acquiring an additional 593,356 shares during the period.

John Hancock Mortgage-Backed Securities ETF Company Profile

The John Hancock Mortgage Backed Securities ETF (JHMB) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is actively managed and primarily invests in investment grade mortgage-backed securities issued or guaranteed by U.S. government and private entities with no specific limit to maturity.