ALPS Smith Core Plus Bond ETF (NYSEARCA:SMTH) Shares Sold by Principle Wealth Partners LLC

Principle Wealth Partners LLC lessened its holdings in shares of ALPS Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 6.5% during the 4th quarter, Holdings Channel reports. The firm owned 1,082,578 shares of the company’s stock after selling 75,019 shares during the period. ALPS Smith Core Plus Bond ETF makes up about 1.9% of Principle Wealth Partners LLC’s holdings, making the stock its 10th biggest position. Principle Wealth Partners LLC’s holdings in ALPS Smith Core Plus Bond ETF were worth $27,627,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stratos Investment Management LLC grew its position in shares of ALPS Smith Core Plus Bond ETF by 9.0% during the third quarter. Stratos Investment Management LLC now owns 1,969,650 shares of the company’s stock worth $52,078,000 after buying an additional 163,277 shares in the last quarter. NorthCrest Asset Manangement LLC boosted its holdings in shares of ALPS Smith Core Plus Bond ETF by 67.6% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 34,512 shares of the company’s stock valued at $912,000 after buying an additional 13,917 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of ALPS Smith Core Plus Bond ETF by 20.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 26,862,866 shares of the company’s stock worth $710,254,000 after purchasing an additional 4,607,593 shares during the last quarter. Assetmark Inc. acquired a new position in ALPS Smith Core Plus Bond ETF during the third quarter worth approximately $60,000. Finally, Apollon Wealth Management LLC acquired a new position in shares of ALPS Smith Core Plus Bond ETF in the 3rd quarter valued at $723,000.

ALPS Smith Core Plus Bond ETF Stock Performance

Shares of SMTH stock opened at $25.65 on Tuesday. ALPS Smith Core Plus Bond ETF has a 52-week low of $24.92 and a 52-week high of $26.71. The stock’s 50-day moving average price is $25.59 and its 200 day moving average price is $25.94.

ALPS Smith Core Plus Bond ETF Profile

The ALPS/SMITH Core Plus Bond ETF (SMTH) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to global debt securities of any maturity and credit quality. The fund aims for an above-average total return. SMTH was launched on Dec 5, 2023 and is issued by SS&C.