Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) Sees Large Volume Increase – Here’s What Happened

Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) saw strong trading volume on Thursday. 3,096,227 shares changed hands during mid-day trading, an increase of 254% from the average daily volume of 874,655 shares. The stock last traded at $43.6020 and had previously closed at $43.52.

Janus Henderson Mortgage-Backed Securities ETF Stock Down 0.0%

The business’s 50 day simple moving average is $43.17 and its 200 day simple moving average is $44.71.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JMBS. Corient Private Wealth LP boosted its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 57.6% in the 2nd quarter. Corient Private Wealth LP now owns 3,321,191 shares of the company’s stock worth $149,523,000 after purchasing an additional 1,214,435 shares during the period. Gradient Investments LLC raised its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 14.6% in the second quarter. Gradient Investments LLC now owns 2,688,767 shares of the company’s stock valued at $120,968,000 after acquiring an additional 341,852 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 1.9% in the second quarter. Envestnet Asset Management Inc. now owns 2,420,928 shares of the company’s stock valued at $108,918,000 after acquiring an additional 45,839 shares during the period. Modern Wealth Management LLC raised its stake in shares of Janus Henderson Mortgage-Backed Securities ETF by 14.6% in the first quarter. Modern Wealth Management LLC now owns 1,996,621 shares of the company’s stock valued at $90,267,000 after acquiring an additional 253,824 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 0.6% in the 1st quarter. Bank of New York Mellon Corp now owns 1,232,072 shares of the company’s stock worth $55,665,000 after acquiring an additional 7,400 shares during the last quarter.

About Janus Henderson Mortgage-Backed Securities ETF

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.