Gallacher Capital Management LLC decreased its holdings in ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH – Free Report) by 27.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 224,089 shares of the company’s stock after selling 85,179 shares during the quarter. ALPS | Smith Core Plus Bond ETF accounts for approximately 4.5% of Gallacher Capital Management LLC’s holdings, making the stock its biggest position. Gallacher Capital Management LLC’s holdings in ALPS | Smith Core Plus Bond ETF were worth $5,499,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Johnson Financial Group Inc. purchased a new stake in shares of ALPS | Smith Core Plus Bond ETF during the 1st quarter valued at about $54,000. Integrated Wealth Concepts LLC bought a new stake in shares of ALPS | Smith Core Plus Bond ETF in the second quarter worth approximately $55,000. Fifth Third Bancorp purchased a new position in shares of ALPS | Smith Core Plus Bond ETF during the first quarter valued at approximately $193,000. Quantinno Capital Management LP purchased a new position in shares of ALPS | Smith Core Plus Bond ETF during the first quarter valued at approximately $207,000. Finally, Wedbush Securities Inc. purchased a new position in shares of ALPS | Smith Core Plus Bond ETF during the second quarter valued at approximately $529,000.
ALPS | Smith Core Plus Bond ETF Stock Performance
Shares of SMTH stock opened at $24.97 on Wednesday. ALPS | Smith Core Plus Bond ETF has a 12-month low of $24.34 and a 12-month high of $26.36. The firm’s 50 day moving average is $24.90 and its 200 day moving average is $25.56.
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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