Gallacher Capital Management LLC Buys 49,143 Shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH)

Gallacher Capital Management LLC grew its stake in ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) by 20.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 286,678 shares of the company’s stock after purchasing an additional 49,143 shares during the quarter. ALPS | Smith Core Plus Bond ETF makes up 3.6% of Gallacher Capital Management LLC’s holdings, making the stock its 2nd biggest position. Gallacher Capital Management LLC owned about 1.04% of ALPS | Smith Core Plus Bond ETF worth $7,316,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Sovereign Investment Advisors LLC boosted its stake in shares of ALPS | Smith Core Plus Bond ETF by 50.2% in the fourth quarter. Sovereign Investment Advisors LLC now owns 376,719 shares of the company’s stock worth $9,614,000 after acquiring an additional 125,979 shares during the last quarter. Riverbend Wealth Management LLC acquired a new stake in ALPS | Smith Core Plus Bond ETF during the 4th quarter worth $2,727,000. Lineweaver Wealth Advisors LLC boosted its stake in ALPS | Smith Core Plus Bond ETF by 2.5% during the 4th quarter. Lineweaver Wealth Advisors LLC now owns 593,315 shares of the company’s stock worth $15,151,000 after purchasing an additional 14,483 shares during the last quarter. Prasad Wealth Partners LLC acquired a new stake in ALPS | Smith Core Plus Bond ETF during the 4th quarter worth $12,450,000. Finally, Strategic Financial Concepts LLC acquired a new stake in ALPS | Smith Core Plus Bond ETF during the 4th quarter worth $201,000.

ALPS | Smith Core Plus Bond ETF Stock Performance

SMTH opened at $25.82 on Friday. ALPS | Smith Core Plus Bond ETF has a twelve month low of $24.92 and a twelve month high of $26.71. The firm’s 50-day moving average price is $25.64 and its 200 day moving average price is $25.88.

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.