SeaCrest Wealth Management LLC acquired a new position in John Hancock Patriot Premium Div Fund II (NYSE:PDT) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,840 shares of the real estate investment trust’s stock, valued at approximately $151,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Raymond James Financial Services Advisors Inc. grew its holdings in John Hancock Patriot Premium Div Fund II by 3.6% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 75,020 shares of the real estate investment trust’s stock valued at $1,257,000 after purchasing an additional 2,586 shares during the period. Investment Centers of America Inc. grew its holdings in John Hancock Patriot Premium Div Fund II by 11.4% during the third quarter. Investment Centers of America Inc. now owns 31,924 shares of the real estate investment trust’s stock valued at $539,000 after purchasing an additional 3,273 shares during the period. Ladenburg Thalmann Financial Services Inc. grew its holdings in John Hancock Patriot Premium Div Fund II by 17.1% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 37,286 shares of the real estate investment trust’s stock valued at $629,000 after purchasing an additional 5,444 shares during the period. Commonwealth Equity Services Inc grew its holdings in John Hancock Patriot Premium Div Fund II by 6.5% during the third quarter. Commonwealth Equity Services Inc now owns 109,912 shares of the real estate investment trust’s stock valued at $1,854,000 after purchasing an additional 6,729 shares during the period. Finally, US Bancorp DE grew its holdings in John Hancock Patriot Premium Div Fund II by 185.2% during the fourth quarter. US Bancorp DE now owns 10,395 shares of the real estate investment trust’s stock valued at $178,000 after purchasing an additional 6,750 shares during the period. 6.78% of the stock is owned by institutional investors.

Shares of John Hancock Patriot Premium Div Fund II (NYSE PDT) opened at $15.11 on Thursday. John Hancock Patriot Premium Div Fund II has a fifty-two week low of $14.50 and a fifty-two week high of $17.33.

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th will be issued a dividend of $0.0975 per share. This represents a $1.17 annualized dividend and a yield of 7.74%. The ex-dividend date is Friday, February 9th.

COPYRIGHT VIOLATION WARNING: “SeaCrest Wealth Management LLC Acquires Shares of 8,840 John Hancock Patriot Premium Div Fund II (PDT)” was published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://theolympiareport.com/2018/02/15/seacrest-wealth-management-llc-acquires-shares-of-8840-john-hancock-patriot-premium-div-fund-ii-pdt.html.

John Hancock Patriot Premium Div Fund II Company Profile

John Hancock Premium Dividend Fund is a diversified, closed-end management investment company. The Fund’s investment objective is to provide high current income, consistent with modest growth of capital. The Fund seeks to pursue its objective by investing in a diversified portfolio comprised primarily of dividend paying preferred securities and common equity securities.

Want to see what other hedge funds are holding PDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for John Hancock Patriot Premium Div Fund II (NYSE:PDT).

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

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