ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Sees Large Volume Increase – Here’s What Happened

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) saw an uptick in trading volume on Tuesday. Approximately 1,968,589 shares traded hands during trading, an increase of 273% from the previous session’s volume of 528,393 shares. The stock last traded at $24.5350 and had previously closed at $24.53.

ALPS | Smith Core Plus Bond ETF Stock Down 0.1%

The firm’s 50-day moving average price is $25.16 and its two-hundred day moving average price is $25.51.

Institutional Trading of ALPS | Smith Core Plus Bond ETF

Several large investors have recently added to or reduced their stakes in SMTH. Trilogy Capital Inc. lifted its holdings in shares of ALPS | Smith Core Plus Bond ETF by 115.3% during the 2nd quarter. Trilogy Capital Inc. now owns 4,184,387 shares of the company’s stock valued at $107,706,000 after buying an additional 2,241,175 shares during the last quarter. Hamilton Wealth LLC increased its holdings in ALPS | Smith Core Plus Bond ETF by 98.4% in the first quarter. Hamilton Wealth LLC now owns 2,653,258 shares of the company’s stock worth $68,335,000 after buying an additional 1,315,762 shares during the last quarter. Annex Advisory Services LLC raised its position in ALPS | Smith Core Plus Bond ETF by 14.6% during the second quarter. Annex Advisory Services LLC now owns 9,237,012 shares of the company’s stock valued at $237,761,000 after acquiring an additional 1,179,599 shares in the last quarter. Tenzing Financial LLC acquired a new stake in ALPS | Smith Core Plus Bond ETF in the fourth quarter valued at approximately $6,432,000. Finally, Bank of America Corp DE acquired a new stake in ALPS | Smith Core Plus Bond ETF in the first quarter valued at approximately $2,993,000.

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.