Merit Financial Group LLC Cuts Position in Janus Henderson Mortgage-Backed Securities ETF $JMBS

Merit Financial Group LLC lowered its stake in shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) by 46.6% during the third quarter, Holdings Channel reports. The institutional investor owned 19,375 shares of the company’s stock after selling 16,886 shares during the period. Merit Financial Group LLC’s holdings in Janus Henderson Mortgage-Backed Securities ETF were worth $885,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JMBS. Bank of America Corp DE increased its holdings in Janus Henderson Mortgage-Backed Securities ETF by 11.6% in the second quarter. Bank of America Corp DE now owns 18,218,672 shares of the company’s stock valued at $820,751,000 after buying an additional 1,893,960 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 1.6% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 8,051,033 shares of the company’s stock worth $362,699,000 after acquiring an additional 129,294 shares during the period. Raymond James Financial Inc. increased its stake in Janus Henderson Mortgage-Backed Securities ETF by 3.2% in the 2nd quarter. Raymond James Financial Inc. now owns 3,066,906 shares of the company’s stock valued at $138,164,000 after purchasing an additional 93,774 shares in the last quarter. CW Advisors LLC raised its holdings in Janus Henderson Mortgage-Backed Securities ETF by 3.1% during the second quarter. CW Advisors LLC now owns 2,631,676 shares of the company’s stock worth $118,557,000 after purchasing an additional 78,921 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in Janus Henderson Mortgage-Backed Securities ETF by 21.3% during the second quarter. Envestnet Asset Management Inc. now owns 2,510,104 shares of the company’s stock worth $113,080,000 after purchasing an additional 440,033 shares during the last quarter.

Janus Henderson Mortgage-Backed Securities ETF Price Performance

Janus Henderson Mortgage-Backed Securities ETF stock opened at $45.73 on Wednesday. Janus Henderson Mortgage-Backed Securities ETF has a fifty-two week low of $43.45 and a fifty-two week high of $46.20. The stock’s fifty day moving average is $45.74 and its two-hundred day moving average is $45.41.

Janus Henderson Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 29th. Shareholders of record on Monday, December 22nd were issued a dividend of $0.2029 per share. This is an increase from Janus Henderson Mortgage-Backed Securities ETF’s previous monthly dividend of $0.19. The ex-dividend date was Monday, December 22nd. This represents a c) annualized dividend and a yield of 5.3%.

Janus Henderson Mortgage-Backed Securities ETF 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.