Madison Asset Management LLC Sells 109,092 Shares of Janus Henderson Mortgage-Backed Securities ETF $JMBS

Madison Asset Management LLC reduced its position in Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) by 6.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,532,028 shares of the company’s stock after selling 109,092 shares during the period. Madison Asset Management LLC’s holdings in Janus Henderson Mortgage-Backed Securities ETF were worth $69,998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. NewEdge Advisors LLC raised its stake in Janus Henderson Mortgage-Backed Securities ETF by 353.5% in the 1st quarter. NewEdge Advisors LLC now owns 26,216 shares of the company’s stock valued at $1,185,000 after acquiring an additional 20,435 shares during the period. Raymond James Financial Inc. increased its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 3.2% in the second quarter. Raymond James Financial Inc. now owns 3,066,906 shares of the company’s stock worth $138,164,000 after purchasing an additional 93,774 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 11.6% in the second quarter. Bank of America Corp DE now owns 18,218,672 shares of the company’s stock worth $820,751,000 after purchasing an additional 1,893,960 shares in the last quarter. IHT Wealth Management LLC raised its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 6.0% in the second quarter. IHT Wealth Management LLC now owns 29,795 shares of the company’s stock valued at $1,342,000 after purchasing an additional 1,677 shares during the period. Finally, Prevail Innovative Wealth Advisors LLC raised its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 63.8% in the second quarter. Prevail Innovative Wealth Advisors LLC now owns 63,457 shares of the company’s stock valued at $2,859,000 after purchasing an additional 24,705 shares during the period.

Janus Henderson Mortgage-Backed Securities ETF Stock Performance

Shares of JMBS stock opened at $45.11 on Wednesday. The firm’s 50 day moving average is $45.47 and its 200 day moving average is $45.72. Janus Henderson Mortgage-Backed Securities ETF has a 12 month low of $43.79 and a 12 month high of $46.39.

Janus Henderson Mortgage-Backed Securities ETF Cuts Dividend

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

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.