Spartan Wealth Advisory Services LLC Acquires New Position in Columbia Multi-Sector Municipal Income ETF $MUST

Spartan Wealth Advisory Services LLC acquired a new stake in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 227,266 shares of the company’s stock, valued at approximately $4,661,000. Spartan Wealth Advisory Services LLC owned 0.79% of Columbia Multi-Sector Municipal Income ETF at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in MUST. Integrated Wealth Concepts LLC increased its position in shares of Columbia Multi-Sector Municipal Income ETF by 12.5% during the first quarter. Integrated Wealth Concepts LLC now owns 14,205 shares of the company’s stock worth $286,000 after acquiring an additional 1,578 shares during the period. JPMorgan Chase & Co. grew its stake in Columbia Multi-Sector Municipal Income ETF by 48.2% in the second quarter. JPMorgan Chase & Co. now owns 70,484 shares of the company’s stock worth $1,418,000 after purchasing an additional 22,929 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Columbia Multi-Sector Municipal Income ETF by 18.2% in the second quarter. EverSource Wealth Advisors LLC now owns 3,416 shares of the company’s stock worth $69,000 after purchasing an additional 525 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Columbia Multi-Sector Municipal Income ETF by 277.3% during the 2nd quarter. Raymond James Financial Inc. now owns 233,038 shares of the company’s stock worth $4,689,000 after purchasing an additional 171,272 shares during the period. Finally, Jane Street Group LLC purchased a new position in Columbia Multi-Sector Municipal Income ETF during the 2nd quarter worth $4,425,000.

Columbia Multi-Sector Municipal Income ETF Stock Down 0.2%

Shares of NYSEARCA MUST opened at $20.38 on Friday. The business has a fifty day simple moving average of $20.58 and a two-hundred day simple moving average of $20.67. Columbia Multi-Sector Municipal Income ETF has a twelve month low of $19.85 and a twelve month high of $21.10.

About Columbia Multi-Sector Municipal Income ETF

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.