Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA) Hits New 12-Month Low – Time to Sell?

Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $48.78 and last traded at $48.79, with a volume of 13170 shares changing hands. The stock had previously closed at $48.97.

Janus Henderson Short Duration Income ETF Trading Down 0.4%

The business has a 50-day moving average of $48.93 and a two-hundred day moving average of $48.99.

Institutional Trading of Janus Henderson Short Duration Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. grew its stake in Janus Henderson Short Duration Income ETF by 83.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,320,952 shares of the company’s stock worth $64,542,000 after buying an additional 600,511 shares in the last quarter. Kensington Asset Management LLC grew its stake in shares of Janus Henderson Short Duration Income ETF by 45.0% in the fourth quarter. Kensington Asset Management LLC now owns 1,502,049 shares of the company’s stock worth $73,811,000 after purchasing an additional 466,093 shares during the last quarter. Bank of America Corp DE increased its position in Janus Henderson Short Duration Income ETF by 9.0% during the 1st quarter. Bank of America Corp DE now owns 4,500,053 shares of the company’s stock valued at $219,873,000 after purchasing an additional 370,720 shares during the period. Wells Fargo & Company MN boosted its position in shares of Janus Henderson Short Duration Income ETF by 13.4% during the fourth quarter. Wells Fargo & Company MN now owns 2,431,046 shares of the company’s stock valued at $119,462,000 after purchasing an additional 287,373 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its stake in Janus Henderson Short Duration Income ETF by 225.3% during the fourth quarter. Janus Henderson Group PLC now owns 329,935 shares of the company’s stock worth $16,213,000 after acquiring an additional 228,499 shares in 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.