Commonwealth Equity Services LLC Sells 42,887 Shares of Columbia Multi-Sector Municipal Income ETF $MUST

Commonwealth Equity Services LLC cut its stake in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 13.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 272,463 shares of the company’s stock after selling 42,887 shares during the period. Commonwealth Equity Services LLC owned 1.14% of Columbia Multi-Sector Municipal Income ETF worth $5,594,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in Columbia Multi-Sector Municipal Income ETF in the second quarter worth $4,425,000. Raymond James Financial Inc. increased its stake in Columbia Multi-Sector Municipal Income ETF by 277.3% in the 2nd quarter. Raymond James Financial Inc. now owns 233,038 shares of the company’s stock valued at $4,689,000 after buying an additional 171,272 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Columbia Multi-Sector Municipal Income ETF by 7.0% during the second quarter. Ameriprise Financial Inc. now owns 2,599,097 shares of the company’s stock valued at $52,284,000 after purchasing an additional 169,761 shares during the last quarter. ARQ Wealth Advisors LLC bought a new position in shares of Columbia Multi-Sector Municipal Income ETF in the second quarter valued at $2,927,000. Finally, Bank of America Corp DE raised its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 10.0% in the 2nd quarter. Bank of America Corp DE now owns 1,069,403 shares of the company’s stock valued at $21,516,000 after purchasing an additional 96,794 shares during the period.

Columbia Multi-Sector Municipal Income ETF Stock Up 0.7%

Shares of Columbia Multi-Sector Municipal Income ETF stock opened at $20.87 on Thursday. The business has a fifty day simple moving average of $20.65 and a two-hundred day simple moving average of $20.41. Columbia Multi-Sector Municipal Income ETF has a 1 year low of $19.00 and a 1 year high of $22.10.

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.