Cambridge Investment Research Advisors Inc. Has $2.10 Million Position in John Hancock Patriot Premium Div Fund II (NYSE:PDT)

Cambridge Investment Research Advisors Inc. grew its holdings in John Hancock Patriot Premium Div Fund II (NYSE:PDT) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 116,853 shares of the real estate investment trust’s stock after purchasing an additional 3,301 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in John Hancock Patriot Premium Div Fund II were worth $2,102,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Mosaic Family Wealth LLC grew its holdings in shares of John Hancock Patriot Premium Div Fund II by 43.3% in the 4th quarter. Mosaic Family Wealth LLC now owns 32,740 shares of the real estate investment trust’s stock valued at $589,000 after buying an additional 9,890 shares during the period. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of John Hancock Patriot Premium Div Fund II in the 4th quarter valued at $36,000. Stratos Wealth Partners LTD. grew its holdings in shares of John Hancock Patriot Premium Div Fund II by 2.8% in the 4th quarter. Stratos Wealth Partners LTD. now owns 102,251 shares of the real estate investment trust’s stock valued at $1,839,000 after buying an additional 2,742 shares during the period. Sugarloaf Wealth Management LLC acquired a new position in shares of John Hancock Patriot Premium Div Fund II in the 4th quarter valued at $143,000. Finally, WT Wealth Management grew its holdings in shares of John Hancock Patriot Premium Div Fund II by 18.1% in the 4th quarter. WT Wealth Management now owns 29,230 shares of the real estate investment trust’s stock valued at $528,000 after buying an additional 4,490 shares during the period. 5.39% of the stock is currently owned by institutional investors.

Shares of PDT stock opened at $18.65 on Friday. John Hancock Patriot Premium Div Fund II has a 12-month low of $15.95 and a 12-month high of $18.65. The firm has a fifty day moving average of $18.21 and a 200-day moving average of $17.64.

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Thursday, February 13th will be issued a $0.0975 dividend. This represents a $1.17 annualized dividend and a dividend yield of 6.27%. The ex-dividend date is Wednesday, February 12th.

John Hancock Patriot Premium Div Fund II Company Profile

John Hancock Premium Dividend Fund is a closed ended equity mutual fund launched and managed by John Hancock Advisers, LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors, with an emphasis on the utilities sector.

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Institutional Ownership by Quarter for John Hancock Patriot Premium Div Fund II (NYSE:PDT)

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