Waverly Advisors LLC Buys 323,827 Shares of Columbia Multi-Sector Municipal Income ETF $MUST

Waverly Advisors LLC raised its stake in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 2,962.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 334,757 shares of the company’s stock after purchasing an additional 323,827 shares during the period. Waverly Advisors LLC owned 1.15% of Columbia Multi-Sector Municipal Income ETF worth $6,963,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley raised its stake in shares of Columbia Multi-Sector Municipal Income ETF by 37.8% in the fourth quarter. Morgan Stanley now owns 4,946,952 shares of the company’s stock worth $101,957,000 after buying an additional 1,357,813 shares during the period. LPL Financial LLC increased its holdings in Columbia Multi-Sector Municipal Income ETF by 12.2% in the 4th quarter. LPL Financial LLC now owns 2,825,989 shares of the company’s stock worth $58,244,000 after acquiring an additional 307,179 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Columbia Multi-Sector Municipal Income ETF by 6.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,764,341 shares of the company’s stock worth $56,756,000 after acquiring an additional 165,244 shares in the last quarter. Bank of America Corp DE raised its stake in Columbia Multi-Sector Municipal Income ETF by 27.1% during the 1st quarter. Bank of America Corp DE now owns 1,423,161 shares of the company’s stock worth $29,189,000 after acquiring an additional 303,189 shares during the period. Finally, Haven Private LLC raised its stake in Columbia Multi-Sector Municipal Income ETF by 9.6% during the 4th quarter. Haven Private LLC now owns 956,523 shares of the company’s stock worth $19,714,000 after acquiring an additional 84,091 shares during the period.

Columbia Multi-Sector Municipal Income ETF Stock Down 1.0%

Shares of NYSEARCA:MUST opened at $19.64 on Friday. Columbia Multi-Sector Municipal Income ETF has a 1-year low of $19.61 and a 1-year high of $21.10. The firm’s 50 day simple moving average is $20.29 and its two-hundred day simple moving average is $20.50.

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.