ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH – Get Free Report) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 206,763 shares, a decline of 96.9% from the September 15th total of 6,609,351 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 929,267 shares, the days-to-cover ratio is presently 0.2 days.
ALPS | Smith Core Plus Bond ETF Stock Performance
Shares of NYSEARCA:SMTH traded down $0.05 during trading on Friday, reaching $24.55. The stock had a trading volume of 726,673 shares, compared to its average volume of 542,065. The business has a fifty day moving average price of $25.09 and a 200-day moving average price of $25.48. ALPS | Smith Core Plus Bond ETF has a fifty-two week low of $24.34 and a fifty-two week high of $26.47.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of SMTH. Annex Advisory Services LLC grew its position in shares of ALPS | Smith Core Plus Bond ETF by 14.6% in the second quarter. Annex Advisory Services LLC now owns 9,237,012 shares of the company’s stock valued at $237,761,000 after purchasing an additional 1,179,599 shares during the period. Trilogy Capital Inc. boosted its holdings in ALPS | Smith Core Plus Bond ETF by 115.3% in the second quarter. Trilogy Capital Inc. now owns 4,184,387 shares of the company’s stock valued at $107,706,000 after acquiring an additional 2,241,175 shares during the last quarter. Hamilton Wealth LLC increased its stake in ALPS | Smith Core Plus Bond ETF by 98.4% during the first quarter. Hamilton Wealth LLC now owns 2,653,258 shares of the company’s stock worth $68,335,000 after acquiring an additional 1,315,762 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of ALPS | Smith Core Plus Bond ETF by 3.2% in the 1st quarter. Bank of New York Mellon Corp now owns 2,208,173 shares of the company’s stock worth $56,871,000 after purchasing an additional 69,182 shares during the period. Finally, World Investment Advisors lifted its stake in shares of ALPS | Smith Core Plus Bond ETF by 10.4% in the 1st quarter. World Investment Advisors now owns 436,043 shares of the company’s stock valued at $11,230,000 after purchasing an additional 41,222 shares in the last quarter.
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.
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