Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Hits New 52-Week High – Should You Buy?

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) shares reached a new 52-week high on Friday . The stock traded as high as $46.65 and last traded at $45.8210, with a volume of 428 shares changing hands. The stock had previously closed at $45.77.

Janus Henderson Mortgage-Backed Securities ETF Price Performance

The firm’s 50-day simple moving average is $45.80 and its 200 day simple moving average is $45.35.

Janus Henderson Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, December 29th. Investors of record on Monday, December 22nd will be paid a $0.2029 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This is a positive change from Janus Henderson Mortgage-Backed Securities ETF’s previous monthly dividend of $0.19. This represents a c) dividend on an annualized basis and a yield of 5.3%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new stake in shares of Janus Henderson Mortgage-Backed Securities ETF during the 3rd quarter valued at about $26,000. Larson Financial Group LLC purchased a new stake in Janus Henderson Mortgage-Backed Securities ETF in the third quarter worth about $28,000. Geneos Wealth Management Inc. boosted 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 valued at $34,000 after acquiring an additional 563 shares in the last quarter. Cardiff Park Advisors LLC purchased a new position in shares of Janus Henderson Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $35,000. Finally, Sound Income Strategies LLC grew its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 225.4% during the 3rd quarter. Sound Income Strategies LLC now owns 911 shares of the company’s stock worth $42,000 after acquiring an additional 631 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.