Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Sees Large Volume Increase – Should You Buy?

Shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) saw an uptick in trading volume on Wednesday . Approximately 744,125 shares changed hands during trading, a decline of 9% from the previous session’s volume of 821,271 shares.The stock last traded at $44.57 and had previously closed at $44.71.

Janus Henderson Mortgage-Backed Securities ETF Stock Performance

The company’s 50 day moving average is $44.67 and its two-hundred day moving average is $45.17.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in JMBS. NewEdge Advisors LLC lifted its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 353.5% in the first quarter. NewEdge Advisors LLC now owns 26,216 shares of the company’s stock worth $1,185,000 after buying an additional 20,435 shares in the last quarter. Raymond James Financial Inc. grew its holdings in Janus Henderson Mortgage-Backed Securities ETF by 3.2% during the 2nd quarter. Raymond James Financial Inc. now owns 3,066,906 shares of the company’s stock valued at $138,164,000 after buying an additional 93,774 shares in the last quarter. Bank of America Corp DE increased its stake in Janus Henderson Mortgage-Backed Securities ETF by 11.6% in the 2nd quarter. Bank of America Corp DE now owns 18,218,672 shares of the company’s stock worth $820,751,000 after acquiring an additional 1,893,960 shares during the last quarter. IHT Wealth Management LLC increased its stake in Janus Henderson Mortgage-Backed Securities ETF by 6.0% in the 2nd quarter. IHT Wealth Management LLC now owns 29,795 shares of the company’s stock worth $1,342,000 after acquiring an additional 1,677 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC boosted its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 63.8% during the 2nd quarter. Prevail Innovative Wealth Advisors LLC now owns 63,457 shares of the company’s stock valued at $2,859,000 after acquiring an additional 24,705 shares during the last quarter.

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.