ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Sees Strong Trading Volume – Here’s What Happened

Shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) saw unusually-strong trading volume on Wednesday . Approximately 2,585,581 shares were traded during mid-day trading, an increase of 830% from the previous session’s volume of 277,906 shares.The stock last traded at $25.59 and had previously closed at $25.62.

ALPS | Smith Core Plus Bond ETF Stock Performance

The stock’s 50 day moving average is $25.54 and its 200 day moving average is $25.92.

Institutional Trading of ALPS | Smith Core Plus Bond ETF

Several large investors have recently modified their holdings of the business. Vise Technologies Inc. purchased a new position in shares of ALPS | Smith Core Plus Bond ETF in the 4th quarter worth $718,000. Coastal Bridge Advisors LLC bought a new position in ALPS | Smith Core Plus Bond ETF during the fourth quarter valued at $385,000. Adapt Wealth Advisors LLC lifted its stake in shares of ALPS | Smith Core Plus Bond ETF by 20.1% in the 4th quarter. Adapt Wealth Advisors LLC now owns 414,451 shares of the company’s stock valued at $10,577,000 after purchasing an additional 69,280 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of ALPS | Smith Core Plus Bond ETF by 54.3% in the 4th quarter. Jane Street Group LLC now owns 96,849 shares of the company’s stock worth $2,472,000 after acquiring an additional 34,077 shares during the last quarter. Finally, Triumph Capital Management boosted its holdings in ALPS | Smith Core Plus Bond ETF by 8.2% during the 4th quarter. Triumph Capital Management now owns 75,578 shares of the company’s stock valued at $1,929,000 after acquiring an additional 5,702 shares during the period.

ALPS | Smith Core Plus Bond ETF Company 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.