Wealth Enhancement Advisory Services LLC Buys 5,635,337 Shares of ALPS | Smith Core Plus Bond ETF $SMTH

Wealth Enhancement Advisory Services LLC boosted its position in shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 12.9% in the third quarter, Holdings Channel.com reports. The firm owned 49,333,372 shares of the company’s stock after purchasing an additional 5,635,337 shares during the period. ALPS | Smith Core Plus Bond ETF comprises 2.0% of Wealth Enhancement Advisory Services LLC’s holdings, making the stock its 6th largest holding. Wealth Enhancement Advisory Services LLC owned approximately 0.59% of ALPS | Smith Core Plus Bond ETF worth $1,291,548,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Annex Advisory Services LLC raised its stake in shares of ALPS | Smith Core Plus Bond ETF by 47.1% during the 2nd quarter. Annex Advisory Services LLC now owns 5,143,368 shares of the company’s stock worth $132,956,000 after purchasing an additional 1,646,710 shares in the last quarter. Level Four Advisory Services LLC bought a new position in ALPS | Smith Core Plus Bond ETF during the second quarter valued at approximately $32,872,000. Vise Technologies Inc. acquired a new stake in ALPS | Smith Core Plus Bond ETF in the second quarter valued at approximately $16,897,000. Stratos Investment Management LLC grew its position 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 worth $85,015,000 after acquiring an additional 636,819 shares in the last quarter. Finally, Thrivent Financial for Lutherans acquired a new position in shares of ALPS | Smith Core Plus Bond ETF during the 2nd quarter worth $10,404,000.

ALPS | Smith Core Plus Bond ETF Stock Down 0.3%

SMTH stock opened at $26.10 on Monday. ALPS | Smith Core Plus Bond ETF has a 1 year low of $25.15 and a 1 year high of $26.47. The company has a fifty day simple moving average of $26.14 and a 200 day simple moving average of $26.07.

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.