Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA) Sees Strong Trading Volume – Should You Buy?

Shares of Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA) saw unusually-strong trading volume on Monday. Approximately 1,033,250 shares traded hands during trading, an increase of 137% from the average daily volume of 435,918 shares. The stock last traded at $48.6650 and had previously closed at $48.65.

Janus Henderson Short Duration Income ETF Price Performance

The company’s fifty day moving average price is $48.72 and its 200 day moving average price is $48.94.

Institutional Trading of Janus Henderson Short Duration Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Mesirow Financial Investment Management Inc. bought a new position in Janus Henderson Short Duration Income ETF during the third quarter valued at about $274,000. Leelyn Smith LLC grew its holdings in Janus Henderson Short Duration Income ETF by 203.6% during the third quarter. Leelyn Smith LLC now owns 915,712 shares of the company’s stock worth $44,467,000 after acquiring an additional 614,122 shares during the period. Verus Capital Partners LLC bought a new stake in Janus Henderson Short Duration Income ETF in the third quarter worth about $210,000. Parallel Advisors LLC raised its position in Janus Henderson Short Duration Income ETF by 16.4% in the third quarter. Parallel Advisors LLC now owns 47,254 shares of the company’s stock worth $2,295,000 after acquiring an additional 6,662 shares in the last quarter. Finally, Spectrum Advisors Inc. lifted its holdings in Janus Henderson Short Duration Income ETF by 15.3% in the 3rd quarter. Spectrum Advisors Inc. now owns 52,336 shares of the company’s stock valued at $2,541,000 after acquiring an additional 6,957 shares during the last quarter.

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.