Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Sees Large Volume Increase – Time to Buy?

Shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) saw strong trading volume on Tuesday . 1,886,278 shares were traded during mid-day trading, an increase of 73% from the previous session’s volume of 1,089,825 shares.The stock last traded at $45.14 and had previously closed at $45.25.

Janus Henderson Mortgage-Backed Securities ETF Stock Performance

The firm has a 50-day moving average of $45.89 and a two-hundred day moving average of $45.81.

Janus Henderson Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Friday, February 27th were given a $0.1905 dividend. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Friday, February 27th.

Institutional Investors Weigh In On Janus Henderson Mortgage-Backed Securities ETF

Hedge funds have recently modified their holdings of the business. Root Financial Partners LLC bought a new position in Janus Henderson Mortgage-Backed Securities ETF during the third quarter worth $26,000. Larson Financial Group LLC bought a new stake in Janus Henderson Mortgage-Backed Securities ETF in the 3rd quarter valued at $28,000. Global Retirement Partners LLC grew its position in Janus Henderson Mortgage-Backed Securities ETF by 66.8% in the 4th quarter. Global Retirement Partners LLC now owns 642 shares of the company’s stock worth $29,000 after purchasing an additional 257 shares during the last quarter. Cullen Frost Bankers Inc. bought a new position in shares of Janus Henderson Mortgage-Backed Securities ETF during the 4th quarter worth about $31,000. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 302.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 749 shares of the company’s stock worth $34,000 after purchasing an additional 563 shares during the period.

Janus Henderson Mortgage-Backed Securities ETF Company 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.