Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Hits New 12-Month High – Still a Buy?

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $46.27 and last traded at $46.2350, with a volume of 58186 shares. The stock had previously closed at $46.11.

Janus Henderson Mortgage-Backed Securities ETF Trading Up 0.4%

The firm has a fifty day moving average price of $45.80 and a 200 day moving average price of $45.64.

Janus Henderson Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Friday, January 30th were paid a $0.2102 dividend. This is a boost from Janus Henderson Mortgage-Backed Securities ETF’s previous monthly dividend of $0.20. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.5%.

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

A number of hedge funds have recently modified their holdings of JMBS. Root Financial Partners LLC acquired a new stake in shares of Janus Henderson Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $26,000. Larson Financial Group LLC acquired a new position in Janus Henderson Mortgage-Backed Securities ETF in the third quarter valued at approximately $28,000. Global Retirement Partners LLC grew its position in Janus Henderson Mortgage-Backed Securities ETF by 66.8% in the fourth quarter. Global Retirement Partners LLC now owns 642 shares of the company’s stock worth $29,000 after acquiring an additional 257 shares during the period. Cullen Frost Bankers Inc. acquired a new stake in Janus Henderson Mortgage-Backed Securities ETF during the fourth quarter worth $31,000. Finally, Geneos Wealth Management Inc. raised its position in Janus Henderson Mortgage-Backed Securities ETF by 302.7% in the second quarter. Geneos Wealth Management Inc. now owns 749 shares of the company’s stock valued at $34,000 after purchasing an additional 563 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.