Rockefeller Capital Management L.P. Has $407,000 Position in John Hancock Preferred Income Fund II (NYSE:HPF)

Rockefeller Capital Management L.P. decreased its holdings in John Hancock Preferred Income Fund II (NYSE:HPF) by 18.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,835 shares of the company’s stock after selling 5,050 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in John Hancock Preferred Income Fund II were worth $407,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of John Hancock Preferred Income Fund II in the 3rd quarter worth about $33,000. Cornerstone Advisors LLC bought a new stake in John Hancock Preferred Income Fund II during the third quarter worth about $69,000. Cetera Advisors LLC acquired a new stake in shares of John Hancock Preferred Income Fund II during the first quarter worth approximately $180,000. Wedbush Securities Inc. raised its stake in shares of John Hancock Preferred Income Fund II by 20.2% in the second quarter. Wedbush Securities Inc. now owns 22,229 shares of the company’s stock valued at $377,000 after acquiring an additional 3,729 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in shares of John Hancock Preferred Income Fund II by 2,654.0% in the 3rd quarter. International Assets Investment Management LLC now owns 23,271 shares of the company’s stock worth $434,000 after acquiring an additional 22,426 shares in the last quarter.

John Hancock Preferred Income Fund II Price Performance

Shares of NYSE:HPF opened at $17.21 on Wednesday. John Hancock Preferred Income Fund II has a 12 month low of $14.74 and a 12 month high of $19.00. The company’s 50-day moving average price is $17.91 and its two-hundred day moving average price is $17.39.

John Hancock Preferred Income Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Thursday, December 12th will be given a $0.1235 dividend. This represents a $1.48 annualized dividend and a yield of 8.61%. The ex-dividend date is Thursday, December 12th.

John Hancock Preferred Income Fund II Profile

John Hancock Preferred Income Fund II is a closed ended fixed income mutual fund launched and managed by John Hancock Investment Management 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.