Waverly Advisors LLC Acquires 323,827 Shares of Columbia Multi-Sector Municipal Income ETF $MUST

Waverly Advisors LLC grew its holdings in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 2,962.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 334,757 shares of the company’s stock after acquiring an additional 323,827 shares during the period. Waverly Advisors LLC’s holdings in Columbia Multi-Sector Municipal Income ETF were worth $6,963,000 at the end of the most recent reporting period.

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

Columbia Multi-Sector Municipal Income ETF Price Performance

MUST stock opened at $19.64 on Friday. The company’s fifty day moving average price is $20.29 and its 200-day moving average price is $20.50. Columbia Multi-Sector Municipal Income ETF has a one year low of $19.61 and a one year high of $21.10.

Columbia Multi-Sector Municipal Income ETF 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.