Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Shares Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC raised its holdings in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 12.1% in the 4th quarter, HoldingsChannel reports. The fund owned 46,675 shares of the company’s stock after buying an additional 5,031 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Columbia Multi-Sector Municipal Income ETF were worth $948,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vertex Planning Partners LLC purchased a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the 3rd quarter valued at about $225,000. Pure Portfolios Holdings LLC purchased a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the 3rd quarter valued at about $289,000. Private Trust Co. NA lifted its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 110.7% in the 3rd quarter. Private Trust Co. NA now owns 15,405 shares of the company’s stock valued at $320,000 after purchasing an additional 8,095 shares during the last quarter. Westside Investment Management Inc. lifted its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 34.8% in the 4th quarter. Westside Investment Management Inc. now owns 15,500 shares of the company’s stock valued at $315,000 after purchasing an additional 4,000 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 5.1% in the 3rd quarter. MML Investors Services LLC now owns 17,185 shares of the company’s stock valued at $357,000 after purchasing an additional 837 shares during the last quarter.

Columbia Multi-Sector Municipal Income ETF Price Performance

Columbia Multi-Sector Municipal Income ETF stock opened at $20.32 on Friday. Columbia Multi-Sector Municipal Income ETF has a fifty-two week low of $20.07 and a fifty-two week high of $20.94. The stock has a 50-day simple moving average of $20.48 and a 200-day simple moving average of $20.56.

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.