Janus Henderson Income ETF (NYSEARCA:JIII) to Issue Monthly Dividend of $0.27

Janus Henderson Income ETF (NYSEARCA:JIII) announced a monthly dividend on Thursday, February 26th. Investors of record on Friday, February 27th will be given a dividend of 0.2746 per share on Thursday, March 5th. This represents a c) dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, February 27th. This is a 13.5% increase from Janus Henderson Income ETF’s previous monthly dividend of $0.24.

Janus Henderson Income ETF Price Performance

JIII stock traded down $0.22 during mid-day trading on Friday, reaching $50.53. 35,216 shares of the company traded hands, compared to its average volume of 13,455. Janus Henderson Income ETF has a 52-week low of $48.61 and a 52-week high of $51.64. The company has a market capitalization of $154.12 million, a P/E ratio of 22.21 and a beta of 0.35. The company has a fifty day moving average price of $50.58 and a 200-day moving average price of $50.88.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Prevail Innovative Wealth Advisors LLC purchased a new stake in Janus Henderson Income ETF in the fourth quarter worth about $3,486,000. Hidden Cove Wealth Management LLC purchased a new stake in Janus Henderson Income ETF during the 4th quarter valued at about $1,681,000. QTR Family Wealth LLC purchased a new stake in Janus Henderson Income ETF in the fourth quarter valued at $1,498,000. Townsend & Associates Inc boosted its holdings in Janus Henderson Income ETF by 3.2% during the 3rd quarter. Townsend & Associates Inc now owns 875,746 shares of the company’s stock valued at $44,742,000 after acquiring an additional 26,960 shares during the period. Finally, Commonwealth Equity Services LLC purchased a new position in Janus Henderson Income ETF in the fourth quarter valued at $665,000.

About Janus Henderson Income ETF

The Janus Henderson Income ETF (JIII) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks high current income with a secondary focus on capital appreciation. JIII was launched on Nov 12, 2024 and is issued by Janus Henderson.