Wealth Enhancement Advisory Services LLC Has $2.69 Million Stock Position in Columbia Multi-Sector Municipal Income ETF $MUST

Wealth Enhancement Advisory Services LLC trimmed its position in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 26.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 133,165 shares of the company’s stock after selling 47,683 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 0.61% of Columbia Multi-Sector Municipal Income ETF worth $2,685,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its position in Columbia Multi-Sector Municipal Income ETF by 10.8% in the first quarter. Cetera Investment Advisers now owns 85,822 shares of the company’s stock worth $1,728,000 after purchasing an additional 8,354 shares during the period. Natixis Advisors LLC increased its position in Columbia Multi-Sector Municipal Income ETF by 6.4% in the first quarter. Natixis Advisors LLC now owns 44,522 shares of the company’s stock worth $896,000 after purchasing an additional 2,685 shares during the period. Janney Montgomery Scott LLC increased its position in Columbia Multi-Sector Municipal Income ETF by 1.8% in the first quarter. Janney Montgomery Scott LLC now owns 38,385 shares of the company’s stock worth $773,000 after purchasing an additional 697 shares during the period. Cornerstone Wealth Management LLC grew its position in shares of Columbia Multi-Sector Municipal Income ETF by 12.0% during the 1st quarter. Cornerstone Wealth Management LLC now owns 52,297 shares of the company’s stock worth $1,053,000 after buying an additional 5,622 shares during the period. Finally, Comerica Bank grew its position in shares of Columbia Multi-Sector Municipal Income ETF by 11.3% during the 1st quarter. Comerica Bank now owns 29,322 shares of the company’s stock worth $590,000 after buying an additional 2,973 shares during the period.

Columbia Multi-Sector Municipal Income ETF Stock Performance

Columbia Multi-Sector Municipal Income ETF stock opened at $20.49 on Friday. Columbia Multi-Sector Municipal Income ETF has a 1 year low of $19.00 and a 1 year high of $22.10. The business has a 50-day moving average of $20.16 and a 200-day moving average of $20.06.

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.