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

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) saw an uptick in trading volume on Friday . 895,897 shares were traded during mid-day 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 Price Performance

The stock’s 50-day moving average is $44.66 and its 200 day moving average is $45.42.

Janus Henderson Mortgage-Backed Securities ETF Cuts Dividend

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

Institutional Trading of Janus Henderson Mortgage-Backed Securities ETF

Several institutional investors have recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 3.7% in the second quarter. LPL Financial LLC now owns 807,656 shares of the company’s stock worth $36,062,000 after buying an additional 29,038 shares during the period. Parallel Advisors LLC lifted its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 13.0% in the second quarter. Parallel Advisors LLC now owns 382,707 shares of the company’s stock worth $17,088,000 after buying an additional 43,917 shares during the last quarter. TMD Wealth Management LLC bought a new stake in Janus Henderson Mortgage-Backed Securities ETF during the second quarter worth approximately $19,166,000. Envestnet Asset Management Inc. boosted its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 3.6% during 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 period. Finally, Inspire Advisors LLC boosted its holdings in Janus Henderson Mortgage-Backed Securities ETF by 4.2% during the second quarter. Inspire Advisors LLC now owns 43,221 shares of the company’s stock valued at $1,930,000 after acquiring an additional 1,759 shares during the period.

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.