ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Reaches New 12-Month Low – Should You Sell?

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) shares hit a new 52-week low during trading on Friday . The company traded as low as $25.25 and last traded at $25.25, with a volume of 143473 shares. The stock had previously closed at $25.33.

ALPS | Smith Core Plus Bond ETF Trading Down 0.3%

The firm has a fifty day moving average of $25.63 and a 200 day moving average of $25.84.

Hedge Funds Weigh In On ALPS | Smith Core Plus Bond ETF

Institutional investors have recently made changes to their positions in the company. Johnson Financial Group Inc. acquired a new position in shares of ALPS | Smith Core Plus Bond ETF in the 1st quarter valued at $54,000. Northwestern Mutual Wealth Management Co. acquired a new stake in ALPS | Smith Core Plus Bond ETF during the fourth quarter valued at $77,000. Fifth Third Bancorp purchased a new position in ALPS | Smith Core Plus Bond ETF in the first quarter valued at $193,000. Comerica Bank increased its holdings in ALPS | Smith Core Plus Bond ETF by 6.5% in the fourth quarter. Comerica Bank now owns 7,486 shares of the company’s stock valued at $195,000 after buying an additional 456 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in ALPS | Smith Core Plus Bond ETF by 64.8% in the second quarter. Osaic Holdings Inc. now owns 7,528 shares of the company’s stock valued at $195,000 after buying an additional 2,961 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.