Principle Wealth Partners LLC Reduces Stock Position in ALPS | Smith Core Plus Bond ETF $SMTH

Principle Wealth Partners LLC reduced its position in shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 21.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 785,243 shares of the company’s stock after selling 212,592 shares during the period. ALPS | Smith Core Plus Bond ETF accounts for approximately 1.3% of Principle Wealth Partners LLC’s portfolio, making the stock its 13th largest position. Principle Wealth Partners LLC’s holdings in ALPS | Smith Core Plus Bond ETF were worth $20,299,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Stratos Wealth Partners LTD. purchased a new stake in shares of ALPS | Smith Core Plus Bond ETF during the first quarter worth about $532,000. Blue Trust Inc. purchased a new stake in shares of ALPS | Smith Core Plus Bond ETF during the first quarter worth about $131,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of ALPS | Smith Core Plus Bond ETF during the first quarter worth about $43,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of ALPS | Smith Core Plus Bond ETF by 12.6% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 43,698,035 shares of the company’s stock worth $1,127,409,000 after purchasing an additional 4,875,775 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of ALPS | Smith Core Plus Bond ETF during the first quarter worth about $50,035,000.

ALPS | Smith Core Plus Bond ETF Trading Up 0.1%

ALPS | Smith Core Plus Bond ETF stock opened at $26.47 on Thursday. The firm has a 50-day moving average of $26.14 and a 200-day moving average of $25.82. ALPS | Smith Core Plus Bond ETF has a 1-year low of $25.15 and a 1-year high of $26.47.

ALPS | Smith Core Plus Bond ETF Company Profile

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.