Columbia Multi-Sector Municipal Income ETF $MUST Stock Position Reduced by UBS Group AG

UBS Group AG cut its stake in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 16.1% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 197,259 shares of the company’s stock after selling 37,826 shares during the period. UBS Group AG owned about 0.76% of Columbia Multi-Sector Municipal Income ETF worth $4,066,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC grew its position in 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 purchasing an additional 525 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Columbia Multi-Sector Municipal Income ETF by 1.1% in the third quarter. Envestnet Asset Management Inc. now owns 53,540 shares of the company’s stock worth $1,099,000 after acquiring an additional 561 shares in the last quarter. OneAscent Financial Services LLC grew its position in Columbia Multi-Sector Municipal Income ETF by 3.6% in the third quarter. OneAscent Financial Services LLC now owns 23,105 shares of the company’s stock worth $474,000 after acquiring an additional 813 shares in the last quarter. Arbor Capital Management Inc. ADV grew its position in Columbia Multi-Sector Municipal Income ETF by 1.2% in the third quarter. Arbor Capital Management Inc. ADV now owns 75,487 shares of the company’s stock worth $1,549,000 after acquiring an additional 879 shares in the last quarter. Finally, Advisory Services Network LLC grew its position in Columbia Multi-Sector Municipal Income ETF by 4.7% in the third quarter. Advisory Services Network LLC now owns 25,209 shares of the company’s stock worth $518,000 after acquiring an additional 1,141 shares in the last quarter.

Columbia Multi-Sector Municipal Income ETF Price Performance

MUST stock opened at $20.31 on Friday. Columbia Multi-Sector Municipal Income ETF has a 12 month low of $19.83 and a 12 month high of $22.10. The firm has a 50 day moving average of $20.52 and a two-hundred day moving average of $20.67.

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.