Lineweaver Wealth Advisors LLC Acquires 60,425 Shares of ALPS | Smith Core Plus Bond ETF $SMTH

Lineweaver Wealth Advisors LLC grew its holdings in ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 4.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,383,903 shares of the company’s stock after acquiring an additional 60,425 shares during the period. ALPS | Smith Core Plus Bond ETF comprises approximately 4.9% of Lineweaver Wealth Advisors LLC’s portfolio, making the stock its 3rd largest position. Lineweaver Wealth Advisors LLC owned 1.52% of ALPS | Smith Core Plus Bond ETF worth $36,078,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in ALPS | Smith Core Plus Bond ETF by 12.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 55,466,105 shares of the company’s stock valued at $1,447,111,000 after purchasing an additional 6,132,733 shares during the period. Thrivent Financial for Lutherans purchased a new stake in ALPS | Smith Core Plus Bond ETF during the 2nd quarter worth about $10,404,000. Annex Advisory Services LLC raised its position in ALPS | Smith Core Plus Bond ETF by 6.1% in the 3rd quarter. Annex Advisory Services LLC now owns 5,454,646 shares of the company’s stock valued at $142,694,000 after purchasing an additional 311,278 shares in the last quarter. Hamilton Wealth LLC boosted its stake in shares of ALPS | Smith Core Plus Bond ETF by 12.1% in the 3rd quarter. Hamilton Wealth LLC now owns 1,271,761 shares of the company’s stock valued at $33,269,000 after buying an additional 137,645 shares during the period. Finally, NorthCrest Asset Manangement LLC grew its position in shares of ALPS | Smith Core Plus Bond ETF by 36.7% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 481,656 shares of the company’s stock worth $12,566,000 after buying an additional 129,314 shares in the last quarter.

ALPS | Smith Core Plus Bond ETF Stock Down 0.2%

Shares of NYSEARCA:SMTH opened at $25.54 on Friday. ALPS | Smith Core Plus Bond ETF has a fifty-two week low of $25.15 and a fifty-two week high of $26.47. The firm’s 50 day moving average price is $26.06 and its 200 day moving average price is $26.14.

ALPS | Smith Core Plus Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 24th. Stockholders of record on Thursday, February 19th were issued a $0.0848 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Thursday, February 19th.

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.