John Hancock Pref. Income Fund II (HPF) Shares Bought by BB&T Securities LLC

BB&T Securities LLC increased its position in John Hancock Pref. Income Fund II (NYSE:HPF) by 46.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,990 shares of the company’s stock after buying an additional 4,768 shares during the quarter. BB&T Securities LLC owned about 0.07% of John Hancock Pref. Income Fund II worth $328,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Advisor Group Inc. lifted its holdings in shares of John Hancock Pref. Income Fund II by 17.2% in the second quarter. Advisor Group Inc. now owns 13,324 shares of the company’s stock valued at $293,000 after buying an additional 1,959 shares during the period. Wells Fargo & Company MN lifted its holdings in shares of John Hancock Pref. Income Fund II by 2.4% in the second quarter. Wells Fargo & Company MN now owns 101,921 shares of the company’s stock valued at $2,238,000 after buying an additional 2,434 shares during the period. Fiduciary Financial Services of The Southwest Inc. TX lifted its holdings in shares of John Hancock Pref. Income Fund II by 3.3% in the second quarter. Fiduciary Financial Services of The Southwest Inc. TX now owns 147,307 shares of the company’s stock valued at $3,235,000 after buying an additional 4,691 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of John Hancock Pref. Income Fund II by 37.6% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 17,364 shares of the company’s stock valued at $381,000 after buying an additional 4,741 shares during the period.

Shares of John Hancock Pref. Income Fund II (NYSE HPF) traded up $0.02 during trading on Tuesday, hitting $21.34. The stock had a trading volume of 28,100 shares, compared to its average volume of 35,092. John Hancock Pref. Income Fund II has a twelve month low of $19.48 and a twelve month high of $22.71.

The business also recently announced a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Monday, December 11th will be issued a dividend of $0.14 per share. This represents a $1.68 annualized dividend and a dividend yield of 7.87%. The ex-dividend date of this dividend is Friday, December 8th.

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John Hancock Pref. Income Fund II Company Profile

John Hancock Preferred Income Fund II is a closed-end management investment company. The Fund’s primary investment objective is to provide a high level of current income consistent with preservation of capital. The Fund’s secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective.

Institutional Ownership by Quarter for John Hancock Pref. Income Fund II (NYSE:HPF)

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