John Hancock Hedged Equity and Income (NYSE:HEQ) Stake Increased by Royal Bank of Canada

Royal Bank of Canada boosted its position in shares of John Hancock Hedged Equity and Income (NYSE:HEQ) by 12.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 59,216 shares of the investment management company’s stock after buying an additional 6,650 shares during the quarter. Royal Bank of Canada owned 0.43% of John Hancock Hedged Equity and Income worth $1,007,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advisor Group Inc. boosted its stake in John Hancock Hedged Equity and Income by 12.9% during the second quarter. Advisor Group Inc. now owns 12,250 shares of the investment management company’s stock worth $208,000 after buying an additional 1,400 shares during the period. Ameriprise Financial Inc. boosted its stake in John Hancock Hedged Equity and Income by 35.8% during the second quarter. Ameriprise Financial Inc. now owns 19,842 shares of the investment management company’s stock worth $337,000 after buying an additional 5,231 shares during the period. Finally, Wells Fargo & Company MN boosted its stake in John Hancock Hedged Equity and Income by 1.0% during the second quarter. Wells Fargo & Company MN now owns 312,115 shares of the investment management company’s stock worth $5,306,000 after buying an additional 3,235 shares during the period.

ILLEGAL ACTIVITY WARNING: This piece was originally published by TrueBlueTribune and is the property of of TrueBlueTribune. If you are viewing this piece on another publication, it was illegally copied and republished in violation of international copyright law. The legal version of this piece can be viewed at https://www.truebluetribune.com/2017/11/14/john-hancock-hedged-equity-and-income-heq-shares-bought-by-royal-bank-of-canada.html.

Shares of John Hancock Hedged Equity and Income (NYSE HEQ) opened at $17.03 on Tuesday. John Hancock Hedged Equity and Income has a one year low of $15.54 and a one year high of $17.95.

John Hancock Hedged Equity and Income Company Profile

John Hancock Hedged Equity & Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide total return with a focus on current income and gains, and also consisting of long-term capital appreciation. It will invest over 80% of its net assets in equity and equity-related securities, including common stock, preferred stock, depositary receipts (including American depositary receipts and global depositary receipts), index-related securities, options on equity securities and equity indexes, real estate investment structures, convertible securities, private placements, convertible preferred stock, rights, warrants, derivatives linked to equity securities or indexes and other equity equivalents.

Institutional Ownership by Quarter for John Hancock Hedged Equity and Income (NYSE:HEQ)

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.

Latest News

Leave a Reply