ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Short Interest Update

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 143,459 shares, an increase of 169.6% from the January 29th total of 53,202 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 246,411 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 246,411 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are sold short.

ALPS | Smith Core Plus Bond ETF Trading Up 0.2%

NYSEARCA SMTH opened at $26.31 on Friday. The business’s 50 day moving average is $26.13 and its two-hundred day moving average is $26.14. ALPS | Smith Core Plus Bond ETF has a 12-month low of $25.15 and a 12-month high of $26.47.

ALPS | Smith Core Plus Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 24th. Investors of record on Thursday, February 19th were issued 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 of this dividend was Thursday, February 19th.

Institutional Investors Weigh In On ALPS | Smith Core Plus Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Adapt Wealth Advisors LLC lifted its position in shares of ALPS | Smith Core Plus Bond ETF by 3.0% during the 2nd quarter. Adapt Wealth Advisors LLC now owns 611,022 shares of the company’s stock valued at $15,795,000 after acquiring an additional 17,705 shares during the period. World Investment Advisors grew its holdings in shares of ALPS | Smith Core Plus Bond ETF by 15.0% in the 3rd quarter. World Investment Advisors now owns 370,069 shares of the company’s stock worth $9,681,000 after acquiring an additional 48,275 shares during the period. Ethos Financial Group LLC increased its stake in ALPS | Smith Core Plus Bond ETF by 12.8% in the 3rd quarter. Ethos Financial Group LLC now owns 261,715 shares of the company’s stock valued at $6,846,000 after purchasing an additional 29,763 shares in the last quarter. Vise Technologies Inc. purchased a new position in ALPS | Smith Core Plus Bond ETF in the 2nd quarter valued at approximately $16,897,000. Finally, Annex Advisory Services LLC raised its holdings in ALPS | Smith Core Plus Bond ETF by 6.1% during the third quarter. Annex Advisory Services LLC now owns 5,454,646 shares of the company’s stock worth $142,694,000 after purchasing an additional 311,278 shares during 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.