Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA) Sets New 52-Week Low – Here’s Why

Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA)’s share price hit a new 52-week low during trading on Friday. The stock traded as low as $48.57 and last traded at $48.7550, with a volume of 1101 shares. The stock had previously closed at $48.74.

Janus Henderson Short Duration Income ETF Stock Up 0.1%

The business has a 50 day simple moving average of $48.86 and a 200-day simple moving average of $48.93.

Hedge Funds Weigh In On Janus Henderson Short Duration Income ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Geneos Wealth Management Inc. increased its position 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 boosted its holdings in shares of Janus Henderson Short Duration Income ETF by 45.0% in the 4th 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 grew its stake 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 in the last quarter. Kestra Advisory Services LLC increased its holdings in 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 worth $15,915,000 after buying an additional 199,949 shares during the last quarter. Finally, Greenwich Wealth Management LLC increased its holdings in Janus Henderson Short Duration Income ETF by 128.1% during the fourth quarter. Greenwich Wealth Management LLC now owns 349,568 shares of the company’s stock worth $17,178,000 after buying an additional 196,328 shares during the last quarter.

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.