85,179 ALPS | Smith Core Plus Bond ETF $SMTH Shares Sold by Gallacher Capital Management LLC

Gallacher Capital Management LLC trimmed its holdings in ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 27.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,089 shares of the company’s stock after selling 85,179 shares during the quarter. ALPS | Smith Core Plus Bond ETF comprises about 4.5% of Gallacher Capital Management LLC’s investment portfolio, making the stock its biggest holding. Gallacher Capital Management LLC owned about 0.15% of ALPS | Smith Core Plus Bond ETF worth $5,499,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Johnson Financial Group Inc. bought a new stake in ALPS | Smith Core Plus Bond ETF during the first quarter worth about $54,000. Citadel Advisors LLC increased its stake in shares of ALPS | Smith Core Plus Bond ETF by 2.3% during the second quarter. Citadel Advisors LLC now owns 96,686 shares of the company’s stock valued at $2,489,000 after purchasing an additional 2,139 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of ALPS | Smith Core Plus Bond ETF during the second quarter valued at approximately $55,000. MGO One Seven LLC increased its stake in shares of ALPS | Smith Core Plus Bond ETF by 8.8% during the third quarter. MGO One Seven LLC now owns 70,205 shares of the company’s stock valued at $1,723,000 after purchasing an additional 5,691 shares in the last quarter. Finally, Tidal Investments LLC lifted its holdings in shares of ALPS | Smith Core Plus Bond ETF by 9.9% during the second quarter. Tidal Investments LLC now owns 66,900 shares of the company’s stock valued at $1,722,000 after purchasing an additional 6,030 shares during the last quarter.

ALPS | Smith Core Plus Bond ETF Trading Down 0.2%

SMTH stock opened at $24.97 on Wednesday. The firm has a 50 day moving average price of $24.90 and a 200-day moving average price of $25.56. ALPS | Smith Core Plus Bond ETF has a 52-week low of $24.34 and a 52-week high of $26.36.

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.