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

Shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) saw strong trading volume on Friday . 1,860,164 shares changed hands during trading, an increase of 268% from the previous session’s volume of 505,626 shares.The stock last traded at $45.9250 and had previously closed at $45.71.

Janus Henderson Mortgage-Backed Securities ETF Stock Up 0.6%

The firm has a fifty day simple moving average of $45.73 and a 200-day simple moving average of $45.42.

Janus Henderson Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 29th. Investors of record on Monday, December 22nd were paid a dividend of $0.2029 per share. This represents a c) dividend on an annualized basis and a yield of 5.3%. The ex-dividend date of this dividend was 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 institutional investors and hedge funds have recently made changes to their positions in JMBS. NewEdge Advisors LLC raised its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 353.5% during the first quarter. NewEdge Advisors LLC now owns 26,216 shares of the company’s stock worth $1,185,000 after acquiring an additional 20,435 shares during the period. Belpointe Asset Management LLC boosted its stake in Janus Henderson Mortgage-Backed Securities ETF by 32.0% in the 1st quarter. Belpointe Asset Management LLC now owns 14,269 shares of the company’s stock worth $642,000 after purchasing an additional 3,462 shares during the period. Mattson Financial Services LLC increased its holdings in Janus Henderson Mortgage-Backed Securities ETF by 63.9% during the 1st quarter. Mattson Financial Services LLC now owns 39,813 shares of the company’s stock worth $1,800,000 after purchasing an additional 15,519 shares in the last quarter. Modern Wealth Management LLC raised its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 27.9% in the 1st quarter. Modern Wealth Management LLC now owns 368,754 shares of the company’s stock valued at $16,668,000 after purchasing an additional 80,539 shares during the period. Finally, Parallel Advisors LLC grew its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 7.4% during the second quarter. Parallel Advisors LLC now owns 1,289,076 shares of the company’s stock worth $58,073,000 after buying an additional 88,517 shares in the last quarter.

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.