Merit Financial Group LLC Has $885,000 Stock Position in Janus Henderson Mortgage-Backed Securities ETF $JMBS

Merit Financial Group LLC lessened its stake in shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) by 46.6% during the third quarter, Holdings Channel.com reports. The firm owned 19,375 shares of the company’s stock after selling 16,886 shares during the period. Merit Financial Group LLC’s holdings in Janus Henderson Mortgage-Backed Securities ETF were worth $885,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Pallas Capital Advisors LLC boosted its holdings in Janus Henderson Mortgage-Backed Securities ETF by 4.7% in the third quarter. Pallas Capital Advisors LLC now owns 1,473,892 shares of the company’s stock worth $67,313,000 after acquiring an additional 65,562 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 375.1% during the third quarter. JPMorgan Chase & Co. now owns 6,181 shares of the company’s stock valued at $282,000 after acquiring an additional 4,880 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 257.3% during the third quarter. PNC Financial Services Group Inc. now owns 217,040 shares of the company’s stock worth $9,912,000 after purchasing an additional 156,298 shares during the period. Assetmark Inc. lifted its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 2,540.2% in the 3rd quarter. Assetmark Inc. now owns 2,297 shares of the company’s stock worth $105,000 after purchasing an additional 2,210 shares in the last quarter. Finally, Advisors Asset Management Inc. grew its position in Janus Henderson Mortgage-Backed Securities ETF by 4.0% in the 3rd quarter. Advisors Asset Management Inc. now owns 18,772 shares of the company’s stock valued at $857,000 after purchasing an additional 717 shares during the period.

Janus Henderson Mortgage-Backed Securities ETF Stock Performance

Shares of JMBS stock opened at $46.16 on Thursday. The firm has a fifty day simple moving average of $45.84 and a two-hundred day simple moving average of $45.67. Janus Henderson Mortgage-Backed Securities ETF has a 12 month low of $43.59 and a 12 month high of $46.28.

Janus Henderson Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Friday, January 30th were issued a $0.2102 dividend. The ex-dividend date was Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%. This is a boost from Janus Henderson Mortgage-Backed Securities ETF’s previous monthly dividend of $0.20.

Janus Henderson Mortgage-Backed Securities ETF Profile

The Janus Henderson Mortgage-Backed Securities ETF (JMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund of mortgage-backed securities. The fund seeks a high level of total return. JMBS was launched on Sep 12, 2018 and is managed by Janus Henderson.