Hamilton Wealth LLC Purchases 1,315,762 Shares of ALPS | Smith Core Plus Bond ETF $SMTH

Hamilton Wealth LLC boosted its position in shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 98.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,653,258 shares of the company’s stock after acquiring an additional 1,315,762 shares during the period. ALPS | Smith Core Plus Bond ETF makes up approximately 4.8% of Hamilton Wealth LLC’s holdings, making the stock its 7th largest holding. Hamilton Wealth LLC owned approximately 2.57% of ALPS | Smith Core Plus Bond ETF worth $68,335,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Comerica Bank increased its position in shares of ALPS | Smith Core Plus Bond ETF by 6.5% during the fourth quarter. Comerica Bank now owns 7,486 shares of the company’s stock valued at $195,000 after purchasing an additional 456 shares during the period. Kestra Advisory Services LLC raised its stake in shares of ALPS | Smith Core Plus Bond ETF by 6.8% in the fourth quarter. Kestra Advisory Services LLC now owns 16,589 shares of the company’s stock valued at $432,000 after purchasing an additional 1,053 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in ALPS | Smith Core Plus Bond ETF by 7.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 22,422 shares of the company’s stock valued at $585,000 after buying an additional 1,582 shares during the period. Johnson Financial Group Inc. bought a new stake in ALPS | Smith Core Plus Bond ETF in the 1st quarter valued at $54,000. Finally, Coastal Bridge Advisors LLC raised its stake in shares of ALPS | Smith Core Plus Bond ETF by 13.7% in the 4th quarter. Coastal Bridge Advisors LLC now owns 23,967 shares of the company’s stock valued at $625,000 after buying an additional 2,888 shares in the last quarter.

ALPS | Smith Core Plus Bond ETF Price Performance

NYSEARCA:SMTH opened at $25.31 on Thursday. ALPS | Smith Core Plus Bond ETF has a 12-month low of $25.28 and a 12-month high of $26.47. The firm has a 50-day moving average price of $25.63 and a 200 day moving average price of $25.84.

About ALPS | Smith Core Plus Bond ETF

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.