John Hancock Investors Trust (NYSE:JHI) Director Buys $10,037.50 in Stock

John Hancock Investors Trust (NYSE:JHI - Get Free Report) Director Kenneth Phelan purchased 730 shares of the company's stock in a transaction that occurred on Tuesday, January 27th. The stock was bought at an average cost of $13.75 per share, for a total transaction of $10,037.50. Following the purchase, the director directly owned 730 shares in the company, valued at $10,037.50. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.John Hancock Investors Trust Stock PerformanceShares of NYSE JHI traded up $0.02 during midday trading on Tuesday, hitting $13.74. The stock had a trading volume of 21,121 shares, compared to its average volume of 28,784. The stock has a 50 day simple moving average of $13.74 and a 200-day simple moving average of $13.90. John Hancock Investors Trust has a 1 year low of $11.61 and a 1 year high of $14.51. John Hancock Investors Trust Increases DividendThe business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Thursday, December 11th were issued a dividend of $0.3649 per share. The ex-dividend date was Thursday, December 11th. This represents a $1.46 annualized dividend and a dividend yield of 10.6%. This is an increase from John Hancock Investors Trust's previous quarterly dividend of $0.32. Institutional Inflows and OutflowsA number of large investors have recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in shares of John Hancock Investors Trust in the 2nd quarter worth approximately $69,000. Ameriprise Financial Inc. boosted its holdings in John Hancock Investors Trust by 63.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 21,231 shares of the financial services provider's stock valued at $294,000 after acquiring an additional 8,228 shares during the period. Aviance Capital Partners LLC increased its stake in John Hancock Investors Trust by 18.2% during the second quarter. Aviance Capital Partners LLC now owns 32,485 shares of the financial services provider's stock worth $450,000 after purchasing an additional 5,011 shares during the period. Riverbridge Partners LLC boosted its stake in shares of John Hancock Investors Trust by 2.4% in the third quarter. Riverbridge Partners LLC now owns 33,638 shares of the financial services provider's stock valued at $471,000 after purchasing an additional 784 shares during the period. Finally, Stratos Wealth Partners LTD. lifted its holdings in John Hancock Investors Trust by 4.3% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 40,157 shares of the financial services provider's stock worth $562,000 after buying an additional 1,644 shares in the last quarter. Institutional investors and hedge funds own 27.01% of the company's stock. About John Hancock Investors Trust (Get Free Report)John Hancock Investors Trust NYSE: JHI is a closed-end management investment company that offers investors access to a diversified portfolio of global securities. Established in 1929, the trust seeks to combine long-term capital growth with income generation through active portfolio management. Shares of the fund trade on the New York Stock Exchange, providing investors with the liquidity of an exchange-traded security alongside the diversification benefits of a professionally managed fund structure. The fund's investment strategy emphasizes a multi-asset approach, allocating capital across global equities, fixed-income instruments and convertible securities.Featured ArticlesFive stocks we like better than John Hancock Investors TrustHow a Family Trust May Be Able To Help Preserve Your WealthDo not delete, read immediatelyRefund From 1933: Trump’s Reset May Create Instant WealthNEW LAW: Congress Approves Setup For Digital Dollar?The $100 Trillion AI Story No One Is Telling YouThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in John Hancock Investors Trust Right Now?Before you consider John Hancock Investors Trust, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and John Hancock Investors Trust wasn't on the list.While John Hancock Investors Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here