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

Shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) saw unusually-high trading volume on Friday . Approximately 895,897 shares traded hands during trading, an increase of 93% from the previous session’s volume of 464,883 shares.The stock last traded at $43.72 and had previously closed at $44.00.

Janus Henderson Mortgage-Backed Securities ETF Trading Down 0.8 %

The firm’s 50-day moving average is $44.68 and its 200 day moving average is $45.42.

Janus Henderson Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, November 7th. Stockholders of record on Friday, November 1st were issued a dividend of $0.1919 per share. The ex-dividend date of this dividend was Friday, November 1st.

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

A number of institutional investors have recently made changes to their positions in the stock. Axiom Advisory LLC lifted its holdings in Janus Henderson Mortgage-Backed Securities ETF by 1.6% in the third quarter. Axiom Advisory LLC now owns 14,400 shares of the company’s stock valued at $662,000 after buying an additional 225 shares during the period. Macroview Investment Management LLC lifted its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 0.4% in the 3rd quarter. Macroview Investment Management LLC now owns 54,762 shares of the company’s stock valued at $2,555,000 after purchasing an additional 234 shares during the period. Legacy Capital Wealth Partners LLC lifted its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 6.3% in the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 5,951 shares of the company’s stock valued at $278,000 after purchasing an additional 351 shares during the period. Verdence Capital Advisors LLC boosted its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 5.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 11,885 shares of the company’s stock valued at $554,000 after purchasing an additional 640 shares in the last quarter. Finally, Castleview Partners LLC acquired a new stake in Janus Henderson Mortgage-Backed Securities ETF during the third quarter worth approximately $31,000.

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.