Janney Montgomery Scott LLC Reduces Holdings in Columbia Multi-Sector Municipal Income ETF $MUST

Janney Montgomery Scott LLC reduced its holdings in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 29.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 27,235 shares of the company’s stock after selling 11,150 shares during the period. Janney Montgomery Scott LLC owned approximately 0.12% of Columbia Multi-Sector Municipal Income ETF worth $548,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of MUST. Larson Financial Group LLC purchased a new position in Columbia Multi-Sector Municipal Income ETF in the 1st quarter valued at $44,000. Farther Finance Advisors LLC acquired a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the 2nd quarter worth $77,000. ORG Partners LLC acquired a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the 2nd quarter worth $209,000. Integrated Wealth Concepts LLC raised its holdings in 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 purchasing an additional 1,578 shares in the last quarter. Finally, Westside Investment Management Inc. raised its holdings in Columbia Multi-Sector Municipal Income ETF by 14.8% during the first quarter. Westside Investment Management Inc. now owns 17,800 shares of the company’s stock worth $360,000 after purchasing an additional 2,300 shares in the last quarter.

Columbia Multi-Sector Municipal Income ETF Price Performance

NYSEARCA MUST opened at $20.56 on Friday. The firm has a 50-day moving average price of $20.32 and a 200 day moving average price of $20.10. Columbia Multi-Sector Municipal Income ETF has a 52-week low of $19.00 and a 52-week high of $22.10.

Columbia Multi-Sector Municipal Income ETF Company 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.