Private Advisor Group LLC Has $4.64 Million Stock Holdings in Columbia Multi-Sector Municipal Income ETF $MUST

Private Advisor Group LLC grew its stake in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 1,094.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,313 shares of the company’s stock after acquiring an additional 207,363 shares during the period. Private Advisor Group LLC’s holdings in Columbia Multi-Sector Municipal Income ETF were worth $4,642,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Morgan Stanley boosted its position in Columbia Multi-Sector Municipal Income ETF by 37.8% during the fourth quarter. Morgan Stanley now owns 4,946,952 shares of the company’s stock valued at $101,957,000 after purchasing an additional 1,357,813 shares during the last quarter. LPL Financial LLC increased its position in shares of Columbia Multi-Sector Municipal Income ETF by 12.2% during the 4th quarter. LPL Financial LLC now owns 2,825,989 shares of the company’s stock worth $58,244,000 after purchasing an additional 307,179 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Columbia Multi-Sector Municipal Income ETF during the 2nd quarter worth approximately $4,425,000. Raymond James Financial Inc. raised its stake in shares of Columbia Multi-Sector Municipal Income ETF by 277.3% during the 2nd quarter. Raymond James Financial Inc. now owns 233,038 shares of the company’s stock worth $4,689,000 after purchasing an additional 171,272 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 7.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,599,097 shares of the company’s stock valued at $52,284,000 after buying an additional 169,761 shares during the last quarter.

Columbia Multi-Sector Municipal Income ETF Stock Performance

Shares of MUST opened at $20.64 on Wednesday. The company’s fifty day simple moving average is $20.59 and its 200 day simple moving average is $20.68. Columbia Multi-Sector Municipal Income ETF has a 1-year low of $19.85 and a 1-year high of $21.10.

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.