Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Hits New 1-Year High – Time to Buy?

Shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $46.65 and last traded at $45.8210, with a volume of 428 shares changing hands. The stock had previously closed at $45.77.

Janus Henderson Mortgage-Backed Securities ETF Trading Up 0.2%

The stock’s 50-day moving average is $45.80 and its 200-day moving average is $45.33.

Janus Henderson Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, December 29th. Investors of record on Monday, December 22nd will be issued a dividend of $0.2029 per share. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Monday, December 22nd. This is a positive change from Janus Henderson Mortgage-Backed Securities ETF’s previous monthly dividend of $0.19.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in JMBS. Genesis Private Wealth LLC bought a new stake in Janus Henderson Mortgage-Backed Securities ETF in the third quarter valued at about $6,710,000. Corient Private Wealth LLC increased its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 5.9% in the 2nd quarter. Corient Private Wealth LLC now owns 1,466,571 shares of the company’s stock valued at $66,069,000 after acquiring an additional 81,620 shares during the last quarter. Allworth Financial LP raised its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 198.2% during the 2nd quarter. Allworth Financial LP now owns 1,667 shares of the company’s stock valued at $75,000 after acquiring an additional 1,108 shares in the last quarter. Carter Financial Group INC. bought a new position in Janus Henderson Mortgage-Backed Securities ETF during the second quarter worth $1,734,000. Finally, Gradient Investments LLC lifted its stake in Janus Henderson Mortgage-Backed Securities ETF by 7.6% during the third quarter. Gradient Investments LLC now owns 2,138,813 shares of the company’s stock worth $97,680,000 after purchasing an additional 150,680 shares during the last quarter.

About Janus Henderson Mortgage-Backed Securities ETF

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.