Spectrum Investment Advisors Inc. Invests $4.13 Million in ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH)

Spectrum Investment Advisors Inc. bought a new stake in ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 161,671 shares of the company’s stock, valued at approximately $4,126,000. ALPS | Smith Core Plus Bond ETF accounts for about 2.8% of Spectrum Investment Advisors Inc.’s portfolio, making the stock its 11th biggest position. Spectrum Investment Advisors Inc. owned 0.59% of ALPS | Smith Core Plus Bond ETF at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SMTH. Annex Advisory Services LLC raised its stake in ALPS | Smith Core Plus Bond ETF by 47.9% during the third quarter. Annex Advisory Services LLC now owns 1,631,326 shares of the company’s stock worth $43,132,000 after acquiring an additional 528,301 shares in the last quarter. Stratos Investment Management LLC increased its position in shares of ALPS | Smith Core Plus Bond ETF by 9.0% during the 3rd quarter. Stratos Investment Management LLC now owns 1,969,650 shares of the company’s stock worth $52,078,000 after purchasing an additional 163,277 shares in the last quarter. NorthCrest Asset Manangement LLC lifted its holdings in ALPS | Smith Core Plus Bond ETF by 67.6% during the 3rd quarter. NorthCrest Asset Manangement LLC now owns 34,512 shares of the company’s stock valued at $912,000 after purchasing an additional 13,917 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in ALPS | Smith Core Plus Bond ETF by 20.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 26,862,866 shares of the company’s stock valued at $710,254,000 after buying an additional 4,607,593 shares in the last quarter. Finally, Assetmark Inc. bought a new stake in ALPS | Smith Core Plus Bond ETF during the third quarter worth about $60,000.

ALPS | Smith Core Plus Bond ETF Trading Down 0.3 %

NYSEARCA:SMTH opened at $25.65 on Friday. ALPS | Smith Core Plus Bond ETF has a 1 year low of $24.92 and a 1 year high of $26.71. The firm has a 50 day moving average of $25.60 and a 200-day moving average of $25.93.

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.