Westwood Wealth Management Takes Position in Janus Henderson Mortgage-Backed Securities ETF $JMBS

Westwood Wealth Management purchased a new position in Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 70,435 shares of the company’s stock, valued at approximately $3,218,000. Janus Henderson Mortgage-Backed Securities ETF comprises 2.4% of Westwood Wealth Management’s holdings, making the stock its 9th largest holding.

A number of 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 shares of Janus Henderson Mortgage-Backed Securities ETF by 11.6% during 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 acquiring an additional 1,893,960 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Janus Henderson Mortgage-Backed Securities ETF by 691.3% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,893,478 shares of the company’s stock worth $86,589,000 after buying an additional 1,654,186 shares during the last quarter. KWB Wealth grew its holdings in shares of Janus Henderson Mortgage-Backed Securities ETF by 710.1% during the fourth quarter. KWB Wealth now owns 690,537 shares of the company’s stock valued at $31,551,000 after buying an additional 605,298 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Janus Henderson Mortgage-Backed Securities ETF by 23.9% during the third quarter. Envestnet Asset Management Inc. now owns 3,109,031 shares of the company’s stock valued at $141,989,000 after acquiring an additional 598,927 shares in the last quarter. Finally, Modern Wealth Management LLC raised its holdings in Janus Henderson Mortgage-Backed Securities ETF by 64.3% in the 3rd quarter. Modern Wealth Management LLC now owns 1,401,814 shares of the company’s stock worth $64,021,000 after acquiring an additional 548,655 shares during the last quarter.

Janus Henderson Mortgage-Backed Securities ETF Price Performance

JMBS stock opened at $45.35 on Friday. The stock’s 50 day simple moving average is $45.76 and its 200 day simple moving average is $45.77. Janus Henderson Mortgage-Backed Securities ETF has a 12-month low of $43.59 and a 12-month high of $46.39.

Janus Henderson Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Friday, February 27th were given a dividend of $0.1905 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 5.0%.

Janus Henderson Mortgage-Backed Securities ETF Company 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.