Wealth Enhancement Advisory Services LLC Acquires 4,607,593 Shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH)

Wealth Enhancement Advisory Services LLC boosted its holdings in ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 20.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,862,866 shares of the company’s stock after acquiring an additional 4,607,593 shares during the period. ALPS | Smith Core Plus Bond ETF comprises about 1.5% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 7th biggest holding. Wealth Enhancement Advisory Services LLC owned about 97.33% of ALPS | Smith Core Plus Bond ETF worth $710,254,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. POM Investment Strategies LLC acquired a new stake in shares of ALPS | Smith Core Plus Bond ETF in the 2nd quarter worth about $30,000. NorthCrest Asset Manangement LLC bought a new stake in shares of ALPS | Smith Core Plus Bond ETF during the second quarter valued at approximately $524,000. Commonwealth Equity Services LLC boosted its position in shares of ALPS | Smith Core Plus Bond ETF by 6.9% during the second quarter. Commonwealth Equity Services LLC now owns 39,894 shares of the company’s stock worth $1,016,000 after buying an additional 2,566 shares during the period. Fermata Advisors LLC grew its holdings in ALPS | Smith Core Plus Bond ETF by 8.4% in the 2nd quarter. Fermata Advisors LLC now owns 89,749 shares of the company’s stock worth $2,285,000 after buying an additional 6,932 shares in the last quarter. Finally, Adapt Wealth Advisors LLC acquired a new stake in ALPS | Smith Core Plus Bond ETF in the 2nd quarter valued at approximately $4,231,000.

ALPS | Smith Core Plus Bond ETF Stock Down 0.2 %

ALPS | Smith Core Plus Bond ETF stock traded down $0.05 during mid-day trading on Friday, hitting $25.86. 150,492 shares of the company’s stock traded hands, compared to its average volume of 233,774. ALPS | Smith Core Plus Bond ETF has a one year low of $24.92 and a one year high of $26.71. The firm has a 50 day moving average price of $26.30 and a 200 day moving average price of $25.82.

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.