Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) saw unusually-strong trading volume on Monday . Approximately 1,693,195 shares changed hands during mid-day trading, an increase of 305% from the previous session’s volume of 418,546 shares.The stock last traded at $45.05 and had previously closed at $45.13.

Janus Henderson Mortgage-Backed Securities ETF Trading Down 0.1 %

The company’s 50-day moving average is $45.40 and its two-hundred day moving average is $45.45.

Janus Henderson Mortgage-Backed Securities ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, November 7th. Investors of record on Friday, November 1st were given 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

Several hedge funds have recently bought and sold shares of JMBS. Apollon Wealth Management LLC boosted its stake in Janus Henderson Mortgage-Backed Securities ETF by 12.4% in the 2nd quarter. Apollon Wealth Management LLC now owns 98,760 shares of the company’s stock worth $4,410,000 after purchasing an additional 10,885 shares in the last quarter. International Assets Investment Management LLC raised its position in Janus Henderson Mortgage-Backed Securities ETF by 166,346.7% in the 3rd quarter. International Assets Investment Management LLC now owns 580,899 shares of the company’s stock worth $27,099,000 after buying an additional 580,550 shares during the last quarter. SeaBridge Investment Advisors LLC raised its position in Janus Henderson Mortgage-Backed Securities ETF by 1.7% in the 2nd quarter. SeaBridge Investment Advisors LLC now owns 60,971 shares of the company’s stock worth $2,722,000 after buying an additional 1,007 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Janus Henderson Mortgage-Backed Securities ETF by 3.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,041,315 shares of the company’s stock worth $91,145,000 after buying an additional 70,618 shares during the last quarter. Finally, Diversify Advisory Services LLC purchased a new position in Janus Henderson Mortgage-Backed Securities ETF in the 2nd quarter worth about $200,000.

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.