21,171 Shares in John Hancock Preferred Income Fund III (NYSE:HPS) Purchased by Atria Investments LLC

Atria Investments LLC bought a new position in John Hancock Preferred Income Fund III (NYSE:HPS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 21,171 shares of the company’s stock, valued at approximately $402,000.

Several other large investors have also recently bought and sold shares of HPS. Joseph P. Lucia & Associates LLC bought a new stake in John Hancock Preferred Income Fund III during the second quarter worth approximately $37,000. Steward Partners Investment Advisory LLC bought a new stake in John Hancock Preferred Income Fund III during the second quarter worth approximately $68,000. NEXT Financial Group Inc increased its stake in John Hancock Preferred Income Fund III by 35.9% during the second 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 during the last quarter. Wedbush Securities Inc. increased its stake in John Hancock Preferred Income Fund III by 15.0% during the second quarter. Wedbush Securities Inc. now owns 20,303 shares of the company’s stock worth $392,000 after acquiring an additional 2,650 shares during the last quarter. Finally, Advisor Group Inc. increased its stake in John Hancock Preferred Income Fund III by 144.8% during the second quarter. Advisor Group Inc. now owns 27,423 shares of the company’s stock worth $530,000 after acquiring an additional 16,221 shares during the last quarter.

Shares of NYSE HPS opened at $19.02 on Friday. The business’s 50 day moving average is $19.40 and its two-hundred day moving average is $19.12. John Hancock Preferred Income Fund III has a 1-year low of $14.53 and a 1-year high of $20.17.

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

About John Hancock Preferred Income Fund III

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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