ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Hits New 52-Week Low – What’s Next?

Shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) hit a new 52-week low on Monday . The stock traded as low as $25.25 and last traded at $25.28, with a volume of 4953 shares. The stock had previously closed at $25.39.

ALPS | Smith Core Plus Bond ETF Stock Performance

The stock has a 50 day moving average price of $25.47 and a two-hundred day moving average price of $25.72.

Institutional Trading of ALPS | Smith Core Plus Bond ETF

Several large investors have recently added to or reduced their stakes in SMTH. Johnson Financial Group Inc. bought a new position in shares of ALPS | Smith Core Plus Bond ETF during the 1st quarter valued at $54,000. Northwestern Mutual Wealth Management Co. bought a new stake in ALPS | Smith Core Plus Bond ETF in the fourth quarter worth $77,000. Fifth Third Bancorp acquired a new position in ALPS | Smith Core Plus Bond ETF during the first quarter worth $193,000. Comerica Bank increased its position in ALPS | Smith Core Plus Bond ETF by 6.5% during the fourth quarter. Comerica Bank now owns 7,486 shares of the company’s stock worth $195,000 after buying an additional 456 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in ALPS | Smith Core Plus Bond ETF by 64.8% during the second quarter. Osaic Holdings Inc. now owns 7,528 shares of the company’s stock valued at $195,000 after buying an additional 2,961 shares in the last quarter.

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.