Stratos Wealth Partners LTD. Cuts Stock Position in ALPS | Smith Core Plus Bond ETF $SMTH

Stratos Wealth Partners LTD. reduced its position in ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 71.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,687 shares of the company’s stock after selling 29,591 shares during the period. Stratos Wealth Partners LTD.’s holdings in ALPS | Smith Core Plus Bond ETF were worth $306,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of SMTH. CoreCap Advisors LLC acquired a new stake in ALPS | Smith Core Plus Bond ETF in the third quarter valued at approximately $41,000. GPS Wealth Strategies Group LLC lifted its holdings in shares of ALPS | Smith Core Plus Bond ETF by 418.5% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 3,370 shares of the company’s stock valued at $87,000 after purchasing an additional 2,720 shares during the last quarter. CWM LLC acquired a new stake in shares of ALPS | Smith Core Plus Bond ETF in the 3rd quarter worth $161,000. Osaic Holdings Inc. boosted its position in shares of ALPS | Smith Core Plus Bond ETF by 64.8% in the 2nd quarter. Osaic Holdings Inc. now owns 7,528 shares of the company’s stock worth $195,000 after purchasing an additional 2,961 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in ALPS | Smith Core Plus Bond ETF by 42.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 11,559 shares of the company’s stock worth $299,000 after buying an additional 3,452 shares during the last quarter.

ALPS | Smith Core Plus Bond ETF Trading Down 0.2%

ALPS | Smith Core Plus Bond ETF stock opened at $26.25 on Friday. The stock has a 50-day moving average of $26.11 and a two-hundred day moving average of $26.13. ALPS | Smith Core Plus Bond ETF has a one year low of $25.15 and a one year high of $26.47.

ALPS | Smith Core Plus Bond ETF Cuts Dividend

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

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.