ALPS | Smith Core Plus Bond ETF $SMTH Shares Sold by Sovereign Investment Advisors LLC

Sovereign Investment Advisors LLC lessened its holdings in ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 9.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 349,695 shares of the company’s stock after selling 35,838 shares during the period. ALPS | Smith Core Plus Bond ETF accounts for approximately 2.3% of Sovereign Investment Advisors LLC’s portfolio, making the stock its 16th largest holding. Sovereign Investment Advisors LLC owned approximately 0.37% of ALPS | Smith Core Plus Bond ETF worth $9,117,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of SMTH. Northwestern Mutual Wealth Management Co. acquired a new position in shares of ALPS | Smith Core Plus Bond ETF during the 4th quarter worth approximately $77,000. MAI Capital Management purchased a new position in ALPS | Smith Core Plus Bond ETF during the third quarter worth $84,000. Comerica Bank raised its holdings in shares of ALPS | Smith Core Plus Bond ETF by 6.5% in the fourth quarter. Comerica Bank now owns 7,486 shares of the company’s stock worth $195,000 after acquiring an additional 456 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of ALPS | Smith Core Plus Bond ETF by 64.8% in the second quarter. Osaic Holdings Inc. now owns 7,528 shares of the company’s stock valued at $195,000 after acquiring an additional 2,961 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of ALPS | Smith Core Plus Bond ETF during the fourth quarter valued at $218,000.

ALPS | Smith Core Plus Bond ETF Trading Up 0.1%

ALPS | Smith Core Plus Bond ETF stock opened at $25.77 on Tuesday. The stock has a 50-day moving average price of $25.76 and a 200 day moving average price of $25.96. ALPS | Smith Core Plus Bond ETF has a 52 week low of $25.44 and a 52 week high of $26.47.

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.