Lakeside Advisors INC. raised its position in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST – Free Report) by 17.7% during the second quarter, Holdings Channel.com reports. The institutional investor owned 39,990 shares of the company’s stock after purchasing an additional 6,026 shares during the quarter. Lakeside Advisors INC.’s holdings in Columbia Multi-Sector Municipal Income ETF were worth $805,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the stock. Haven Private LLC raised its stake in shares of Columbia Multi-Sector Municipal Income ETF by 18.0% in the first quarter. Haven Private LLC now owns 810,238 shares of the company’s stock worth $16,314,000 after acquiring an additional 123,319 shares during the last quarter. TruWealth Advisors LLC raised its stake in shares of Columbia Multi-Sector Municipal Income ETF by 15.3% in the second quarter. TruWealth Advisors LLC now owns 246,860 shares of the company’s stock worth $4,967,000 after acquiring an additional 32,702 shares during the last quarter. Baker Avenue Asset Management LP raised its stake in shares of Columbia Multi-Sector Municipal Income ETF by 14.2% in the first quarter. Baker Avenue Asset Management LP now owns 140,426 shares of the company’s stock worth $2,827,000 after acquiring an additional 17,424 shares during the last quarter. Global Wealth Strategies & Associates raised its stake in shares of Columbia Multi-Sector Municipal Income ETF by 3.1% in the second quarter. Global Wealth Strategies & Associates now owns 137,539 shares of the company’s stock worth $2,767,000 after acquiring an additional 4,129 shares during the last quarter. Finally, Frederick Financial Consultants LLC raised its stake in shares of Columbia Multi-Sector Municipal Income ETF by 0.5% in the first quarter. Frederick Financial Consultants LLC now owns 126,009 shares of the company’s stock worth $2,537,000 after acquiring an additional 610 shares during the last quarter.
Columbia Multi-Sector Municipal Income ETF Price Performance
MUST opened at $20.55 on Wednesday. The firm has a 50 day simple moving average of $20.24 and a 200 day simple moving average of $20.08. Columbia Multi-Sector Municipal Income ETF has a fifty-two week low of $19.00 and a fifty-two week high of $22.10.
Columbia Multi-Sector Municipal Income ETF Company Profile
The Columbia Multi-Sector Municipal Income ETF (MUST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index with fixed-weight exposure to multiple sectors of the US municipal bond market. Each sector is market-value weighted. MUST was launched on Oct 10, 2018 and is managed by Columbia.
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