Bay Colony Advisory Group Inc d b a Bay Colony Advisors Invests $569,000 in Columbia Multi-Sector Municipal Income ETF $MUST

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 27,695 shares of the company’s stock, valued at approximately $569,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned approximately 0.12% of Columbia Multi-Sector Municipal Income ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. EverSource Wealth Advisors LLC grew its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 18.2% during the second 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. Farther Finance Advisors LLC acquired a new stake in Columbia Multi-Sector Municipal Income ETF during the 2nd quarter worth about $77,000. Private Trust Co. NA purchased a new position in Columbia Multi-Sector Municipal Income ETF during the 3rd quarter valued at about $111,000. ORG Partners LLC purchased a new position in Columbia Multi-Sector Municipal Income ETF during the 2nd quarter valued at about $209,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of Columbia Multi-Sector Municipal Income ETF in the 2nd quarter valued at about $241,000.

Columbia Multi-Sector Municipal Income ETF Price Performance

NYSEARCA MUST opened at $20.86 on Friday. Columbia Multi-Sector Municipal Income ETF has a 52-week low of $19.00 and a 52-week high of $22.10. The company has a 50 day simple moving average of $20.64 and a 200-day simple moving average of $20.40.

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.