Signature Estate & Investment Advisors LLC Takes Position in ALPS | Smith Core Plus Bond ETF $SMTH

Signature Estate & Investment Advisors LLC acquired a new stake in shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 25,026 shares of the company’s stock, valued at approximately $655,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of ALPS | Smith Core Plus Bond ETF by 12.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 49,333,372 shares of the company’s stock worth $1,291,548,000 after purchasing an additional 5,635,337 shares during the period. Level Four Advisory Services LLC purchased a new stake in shares of ALPS | Smith Core Plus Bond ETF in the second quarter valued at $32,872,000. Vise Technologies Inc. acquired a new position in ALPS | Smith Core Plus Bond ETF in the second quarter valued at $16,897,000. Stratos Investment Management LLC increased its stake in ALPS | Smith Core Plus Bond ETF by 24.0% in the second quarter. Stratos Investment Management LLC now owns 3,288,789 shares of the company’s stock valued at $85,015,000 after purchasing an additional 636,819 shares during the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in ALPS | Smith Core Plus Bond ETF during the second quarter worth about $10,404,000.

ALPS | Smith Core Plus Bond ETF Price Performance

Shares of NYSEARCA:SMTH opened at $26.12 on Tuesday. The stock’s 50-day moving average price is $26.09 and its two-hundred day moving average price is $26.11. ALPS | Smith Core Plus Bond ETF has a 12-month low of $25.15 and a 12-month high of $26.47.

ALPS | Smith Core Plus Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, January 27th. Investors of record on Thursday, January 22nd were given a $0.0914 dividend. The ex-dividend date of this dividend was Thursday, January 22nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.