Thrivent Financial for Lutherans Increases Holdings in ALPS | Smith Core Plus Bond ETF $SMTH

Thrivent Financial for Lutherans grew its holdings in shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 81.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,259,837 shares of the company’s stock after buying an additional 565,289 shares during the quarter. Thrivent Financial for Lutherans owned 1.33% of ALPS | Smith Core Plus Bond ETF worth $32,887,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. World Investment Advisors raised its position in shares of ALPS | Smith Core Plus Bond ETF by 6.7% during the 4th quarter. World Investment Advisors now owns 394,821 shares of the company’s stock valued at $10,293,000 after buying an additional 24,752 shares in the last quarter. Meridian Wealth Management LLC purchased a new stake in shares of ALPS | Smith Core Plus Bond ETF during the 4th quarter valued at about $21,696,000. Crestwood Advisors Group LLC raised its position in shares of ALPS | Smith Core Plus Bond ETF by 59.1% during the 4th quarter. Crestwood Advisors Group LLC now owns 77,075 shares of the company’s stock valued at $2,009,000 after buying an additional 28,643 shares in the last quarter. Gallacher Capital Management LLC raised its position in shares of ALPS | Smith Core Plus Bond ETF by 8.8% during the 4th quarter. Gallacher Capital Management LLC now owns 374,399 shares of the company’s stock valued at $9,761,000 after buying an additional 30,413 shares in the last quarter. Finally, Boyer Financial Services Inc. purchased a new stake in ALPS | Smith Core Plus Bond ETF in the 4th quarter worth about $1,501,000.

ALPS | Smith Core Plus Bond ETF Price Performance

ALPS | Smith Core Plus Bond ETF stock opened at $25.57 on Monday. ALPS | Smith Core Plus Bond ETF has a 1-year low of $25.23 and a 1-year high of $26.47. The company’s 50-day moving average is $25.83 and its 200 day moving average is $26.04.

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.