ALPS ETF TR

Ticker: MNBD CUSIP: 00162Q411 Class: INTER MUNI BD

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (1)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $206 Shares 7,949

Institution	Shares	Value ($000)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	7,949	$206

Increased Positions (2)

Concurrent Investment Advisors, LLC

Value ($000) $1,332 (+511.4%) Shares 51,308 (+508.2%)

JANE STREET GROUP, LLC

Value ($000) $665 (+5.0%) Shares 25,590 (+4.5%)

Institution	Prev Shares	Curr Shares	Change
Concurrent Investment Advisors, LLC	8,436	51,308	+42,872 (+508.2%)
JANE STREET GROUP, LLC	24,499	25,590	+1,091 (+4.5%)

Decreased Positions (1)

Redhawk Wealth Advisors, Inc.

Value ($000) $762 (-30.1%) Shares 29,328 (-30.5%)

Institution	Prev Shares	Curr Shares	Change
Redhawk Wealth Advisors, Inc.	42,198	29,328	-12,870 (-30.5%)

Exited Positions (4)

Strategic Financial Concepts, LLC

Value ($000) $700 Shares 27,028

Main Street Financial Solutions, LLC

Value ($000) $375 Shares 14,505

CITADEL ADVISORS LLC

Value ($000) $721 Shares 27,919

Value ($000) $1 Shares 49

Institution	Prev Shares	Prev Value ($000)
Strategic Financial Concepts, LLC	27,028	$700
Main Street Financial Solutions, LLC	14,505	$375
CITADEL ADVISORS LLC	27,919	$721
UBS Group AG	49	$1