Adapt Wealth Advisors LLC Increases Stock Holdings in ALPS | Smith Core Plus Bond ETF $SMTH

Adapt Wealth Advisors LLC increased its holdings in ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 10.1% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 672,551 shares of the company’s stock after buying an additional 61,529 shares during the quarter. ALPS | Smith Core Plus Bond ETF comprises approximately 6.5% of Adapt Wealth Advisors LLC’s portfolio, making the stock its 3rd biggest position. Adapt Wealth Advisors LLC’s holdings in ALPS | Smith Core Plus Bond ETF were worth $17,594,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of SMTH. Guardian Financial Partners LLC lifted its stake in ALPS | Smith Core Plus Bond ETF by 7.6% during the 2nd quarter. Guardian Financial Partners LLC now owns 444,754 shares of the company’s stock valued at $11,497,000 after acquiring an additional 31,541 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of ALPS | Smith Core Plus Bond ETF by 4.2% during the second quarter. Envestnet Asset Management Inc. now owns 35,508 shares of the company’s stock valued at $918,000 after purchasing an additional 1,445 shares during the last quarter. World Investment Advisors raised its holdings in shares of ALPS | Smith Core Plus Bond ETF by 9.3% during the second quarter. World Investment Advisors now owns 321,794 shares of the company’s stock valued at $8,318,000 after purchasing an additional 27,292 shares during the last quarter. Crestwood Advisors Group LLC bought a new position in ALPS | Smith Core Plus Bond ETF during the second quarter valued at approximately $320,000. Finally, GPS Wealth Strategies Group LLC boosted its holdings in ALPS | Smith Core Plus Bond ETF by 418.5% in the second quarter. GPS Wealth Strategies Group LLC now owns 3,370 shares of the company’s stock worth $87,000 after purchasing an additional 2,720 shares during the last quarter.

ALPS | Smith Core Plus Bond ETF Trading Down 0.1%

Shares of SMTH opened at $26.23 on Friday. The firm has a fifty day simple moving average of $26.11 and a two-hundred day simple moving average of $26.13. 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 Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, February 24th. Investors of record on Thursday, February 19th will be given a dividend of $0.0848 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Thursday, February 19th.

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.