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

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) shares saw an uptick in trading volume on Wednesday . 9,418,026 shares traded hands during mid-day trading, an increase of 1,067% from the previous session’s volume of 806,770 shares.The stock last traded at $45.9150 and had previously closed at $45.94.

Janus Henderson Mortgage-Backed Securities ETF Stock Performance

The company has a fifty day simple moving average of $45.78 and a two-hundred day simple moving average of $45.53.

Janus Henderson Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 29th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.2029 per share. This is a boost from Janus Henderson Mortgage-Backed Securities ETF’s previous monthly dividend of $0.19. The ex-dividend date was Monday, December 22nd. This represents a c) annualized dividend and a yield of 5.3%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Root Financial Partners LLC acquired a new position in shares of Janus Henderson Mortgage-Backed Securities ETF in the 3rd quarter valued at $26,000. Larson Financial Group LLC purchased a new stake in Janus Henderson Mortgage-Backed Securities ETF in the 3rd quarter valued at $28,000. Geneos Wealth Management Inc. grew its position in 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 last quarter. Cardiff Park Advisors LLC purchased a new stake in shares of Janus Henderson Mortgage-Backed Securities ETF in the third quarter valued at about $35,000. Finally, Sound Income Strategies LLC grew its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 225.4% during the third quarter. Sound Income Strategies LLC now owns 911 shares of the company’s stock worth $42,000 after buying an additional 631 shares during 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.