Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA) Sees Large Volume Increase – Still a Buy?

Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA) saw an uptick in trading volume on Tuesday. Approximately 1,260,734 shares traded hands during trading, an increase of 199% from the previous session’s volume of 421,936 shares. The stock last traded at $48.6450 and had previously closed at $48.62.

Janus Henderson Short Duration Income ETF Stock Performance

The firm’s 50-day simple moving average is $48.81 and its two-hundred day simple moving average is $48.91.

Institutional Investors Weigh In On Janus Henderson Short Duration Income ETF

Institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. boosted its stake in shares of Janus Henderson Short Duration Income ETF by 83.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,320,952 shares of the company’s stock worth $64,542,000 after purchasing an additional 600,511 shares during the last quarter. Kensington Asset Management LLC raised its position 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 valued at $73,811,000 after buying an additional 466,093 shares during the last quarter. Bank of America Corp DE raised its position in shares of Janus Henderson Short Duration Income ETF by 9.0% in the first quarter. Bank of America Corp DE now owns 4,500,053 shares of the company’s stock valued at $219,873,000 after buying an additional 370,720 shares during the last quarter. Kestra Advisory Services LLC lifted its stake in shares of Janus Henderson Short Duration Income ETF by 159.0% during the first quarter. Kestra Advisory Services LLC now owns 325,735 shares of the company’s stock valued at $15,915,000 after buying an additional 199,949 shares during the period. Finally, Citadel Advisors LLC purchased a new position in shares of Janus Henderson Short Duration Income ETF during the second quarter valued at approximately $6,597,000.

About Janus Henderson Short Duration Income ETF

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.