JPMorgan Chase & Co. Increases Stock Holdings in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST)

JPMorgan Chase & Co. raised its stake in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 36.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 255,267 shares of the company’s stock after purchasing an additional 68,790 shares during the period. JPMorgan Chase & Co. owned 1.30% of Columbia Multi-Sector Municipal Income ETF worth $5,184,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geneos Wealth Management Inc. boosted its stake in shares of Columbia Multi-Sector Municipal Income ETF by 15.4% during the 4th quarter. Geneos Wealth Management Inc. now owns 3,750 shares of the company’s stock worth $76,000 after acquiring an additional 500 shares in the last quarter. MML Investors Services LLC grew its stake in shares of Columbia Multi-Sector Municipal Income ETF by 5.1% during the third quarter. MML Investors Services LLC now owns 17,185 shares of the company’s stock valued at $357,000 after acquiring an additional 837 shares in the last quarter. Global Wealth Strategies & Associates raised its holdings in Columbia Multi-Sector Municipal Income ETF by 2.5% in the fourth quarter. Global Wealth Strategies & Associates now owns 104,021 shares of the company’s stock valued at $2,113,000 after acquiring an additional 2,557 shares in the last quarter. TruWealth Advisors LLC raised its stake in Columbia Multi-Sector Municipal Income ETF by 0.8% during the fourth quarter. TruWealth Advisors LLC now owns 387,478 shares of the company’s stock worth $7,870,000 after acquiring an additional 3,120 shares during the period. Finally, Paragon Private Wealth Management LLC boosted its stake in Columbia Multi-Sector Municipal Income ETF by 6.5% during the 4th quarter. Paragon Private Wealth Management LLC now owns 52,031 shares of the company’s stock valued at $1,057,000 after purchasing an additional 3,193 shares during the period.

Columbia Multi-Sector Municipal Income ETF Stock Up 0.7 %

NYSEARCA:MUST opened at $19.84 on Friday. The business’s 50-day moving average price is $20.19 and its 200 day moving average price is $20.39. Columbia Multi-Sector Municipal Income ETF has a 52-week low of $19.01 and a 52-week high of $20.94.

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.