John Hancock Hedged Equity and Income (HEQ) Reaches New 52-Week Low at $14.05

Share on StockTwits

John Hancock Hedged Equity and Income (NYSE:HEQ) shares hit a new 52-week low on Thursday . The company traded as low as $14.05 and last traded at $14.09, with a volume of 383 shares changing hands. The stock had previously closed at $14.23.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 31st. Shareholders of record on Thursday, December 13th will be paid a $0.376 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 10.64%. The ex-dividend date is Wednesday, December 12th.

A number of institutional investors and hedge funds have recently made changes to their positions in HEQ. Doliver Capital Advisors LP bought a new stake in shares of John Hancock Hedged Equity and Income in the third quarter worth $283,000. Raymond James & Associates lifted its position in shares of John Hancock Hedged Equity and Income by 17.1% in the second quarter. Raymond James & Associates now owns 34,330 shares of the investment management company’s stock worth $577,000 after purchasing an additional 5,012 shares in the last quarter. Shaker Financial Services LLC bought a new stake in shares of John Hancock Hedged Equity and Income in the third quarter worth $1,317,000. Finally, Advisors Asset Management Inc. lifted its position in shares of John Hancock Hedged Equity and Income by 17.9% in the third quarter. Advisors Asset Management Inc. now owns 101,782 shares of the investment management company’s stock worth $1,604,000 after purchasing an additional 15,459 shares in the last quarter.

TRADEMARK VIOLATION WARNING: “John Hancock Hedged Equity and Income (HEQ) Reaches New 52-Week Low at $14.05” was originally reported by Equities Focus and is owned by of Equities Focus. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://www.equitiesfocus.com/2018/12/08/john-hancock-hedged-equity-and-income-heq-reaches-new-52-week-low-at-14-05.html.

John Hancock Hedged Equity and Income Company Profile (NYSE:HEQ)

There is no company description available for John Hancock Hedged Equity & Income Fund.

Featured Article: Retained Earnings

Receive News & Ratings for John Hancock Hedged Equity and Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Hancock Hedged Equity and Income and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply