Belpointe Asset Management LLC increased its position in shares of John Hancock Patriot Prem (NYSE:PDT) by 48.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,971 shares of the real estate investment trust’s stock after purchasing an additional 9,451 shares during the quarter. Belpointe Asset Management LLC owned approximately 0.06% of John Hancock Patriot Prem worth $496,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in PDT. Centaurus Financial Inc. acquired a new stake in shares of John Hancock Patriot Prem during the 4th quarter worth about $1,731,000. LPL Financial LLC increased its position in John Hancock Patriot Prem by 69.9% in the 4th quarter. LPL Financial LLC now owns 148,349 shares of the real estate investment trust’s stock valued at $2,541,000 after acquiring an additional 61,048 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in John Hancock Patriot Prem by 36.9% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 96,569 shares of the real estate investment trust’s stock valued at $1,629,000 after acquiring an additional 26,013 shares in the last quarter. Creative Planning increased its position in John Hancock Patriot Prem by 122.9% in the 4th quarter. Creative Planning now owns 36,410 shares of the real estate investment trust’s stock valued at $624,000 after acquiring an additional 20,077 shares in the last quarter. Finally, TCI Wealth Advisors Inc. acquired a new stake in John Hancock Patriot Prem in the 4th quarter valued at about $315,000. Institutional investors and hedge funds own 6.79% of the company’s stock.
PDT traded up $0.06 during midday trading on Friday, hitting $15.11. The company had a trading volume of 44,285 shares, compared to its average volume of 86,889. John Hancock Patriot Prem has a twelve month low of $14.50 and a twelve month high of $17.33.
The business also recently disclosed a monthly dividend, which will be paid on Monday, April 30th. Shareholders of record on Thursday, April 12th will be given a $0.0975 dividend. This represents a $1.17 annualized dividend and a yield of 7.74%. The ex-dividend date is Wednesday, April 11th.
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John Hancock Patriot Prem Profile
There is no company description available for John Hancock Premium Dividend Fund.
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