Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA) Reaches New 1-Year Low – Here’s Why

Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $48.76 and last traded at $48.7650, with a volume of 193835 shares changing hands. The stock had previously closed at $48.80.

Janus Henderson Short Duration Income ETF Price Performance

The company’s fifty day simple moving average is $48.90 and its 200 day simple moving average is $48.97.

Hedge Funds Weigh In On Janus Henderson Short Duration Income ETF

A number of institutional investors have recently bought and sold shares of VNLA. PNC Financial Services Group Inc. boosted its position in Janus Henderson Short Duration Income ETF by 416.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 542 shares of the company’s stock valued at $27,000 after acquiring an additional 437 shares in the last quarter. Jones Financial Companies Lllp purchased a new position in shares of Janus Henderson Short Duration Income ETF in the 1st quarter valued at approximately $30,000. Allworth Financial LP boosted its position in shares of Janus Henderson Short Duration Income ETF by 38.9% during the fourth quarter. Allworth Financial LP now owns 885 shares of the company’s stock valued at $44,000 after purchasing an additional 248 shares in the last quarter. Pinnacle Bancorp Inc. bought a new stake in shares of Janus Henderson Short Duration Income ETF during the first quarter valued at approximately $49,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Janus Henderson Short Duration Income ETF in the fourth quarter worth $67,000.

Janus Henderson Short Duration Income ETF Company Profile

The Janus Henderson Short Duration Income ETF (VNLA) is an exchange-traded fund that is based on the 3-Month USD LIBOR index. The fund is an actively-managed fixed income fund that aims to outperform the FTSE 3-Month US Treasury Bill Index by holding a wide range of fixed income securities with an aggregate duration target of 0-2 years. VNLA was launched on Nov 16, 2016 and is managed by Janus Henderson.