John Hancock Hedged Equity and Income (HEQ) Shares Bought by Royal Bank of Canada

Royal Bank of Canada increased its position in John Hancock Hedged Equity and Income (NYSE:HEQ) by 12.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 59,216 shares of the investment management company’s stock after acquiring an additional 6,650 shares during the period. Royal Bank of Canada owned approximately 0.43% of John Hancock Hedged Equity and Income worth $1,007,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Advisor Group Inc. raised its stake in John Hancock Hedged Equity and Income by 12.9% in the 2nd quarter. Advisor Group Inc. now owns 12,250 shares of the investment management company’s stock worth $208,000 after acquiring an additional 1,400 shares during the last quarter. Ameriprise Financial Inc. raised its stake in John Hancock Hedged Equity and Income by 35.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 19,842 shares of the investment management company’s stock worth $337,000 after acquiring an additional 5,231 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in John Hancock Hedged Equity and Income by 1.0% in the 2nd quarter. Wells Fargo & Company MN now owns 312,115 shares of the investment management company’s stock worth $5,306,000 after acquiring an additional 3,235 shares during the last quarter.

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John Hancock Hedged Equity and Income (HEQ) opened at $17.48 on Friday. John Hancock Hedged Equity and Income has a 52 week low of $15.32 and a 52 week high of $17.95.

John Hancock Hedged Equity and Income 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)

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