Bleakley Financial Group LLC Makes New Investment in Columbia Multi-Sector Municipal Income ETF $MUST

Bleakley Financial Group LLC bought a new position in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,536 shares of the company’s stock, valued at approximately $272,000. Bleakley Financial Group LLC owned about 0.06% of Columbia Multi-Sector Municipal Income ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MUST. Janney Montgomery Scott LLC lifted its stake in Columbia Multi-Sector Municipal Income ETF by 1.8% during the first quarter. Janney Montgomery Scott LLC now owns 38,385 shares of the company’s stock worth $773,000 after purchasing an additional 697 shares during the last quarter. Westside Investment Management Inc. lifted its stake in Columbia Multi-Sector Municipal Income ETF by 14.8% during the first quarter. Westside Investment Management Inc. now owns 17,800 shares of the company’s stock worth $360,000 after purchasing an additional 2,300 shares during the last quarter. Arbor Capital Management Inc. ADV lifted its stake in Columbia Multi-Sector Municipal Income ETF by 5.7% during the first quarter. Arbor Capital Management Inc. ADV now owns 73,996 shares of the company’s stock worth $1,496,000 after purchasing an additional 3,988 shares during the last quarter. New Insight Wealth Advisors lifted its stake in Columbia Multi-Sector Municipal Income ETF by 108.5% during the first quarter. New Insight Wealth Advisors now owns 22,056 shares of the company’s stock worth $444,000 after purchasing an additional 11,476 shares during the last quarter. Finally, Larson Financial Group LLC bought a new stake in Columbia Multi-Sector Municipal Income ETF during the first quarter worth $44,000.

Columbia Multi-Sector Municipal Income ETF Stock Performance

NYSEARCA MUST opened at $20.67 on Monday. The business has a fifty day moving average price of $20.39 and a two-hundred day moving average price of $20.13. Columbia Multi-Sector Municipal Income ETF has a fifty-two week low of $19.00 and a fifty-two week high of $22.10.

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.