Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Shares Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC increased its stake in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 12.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,675 shares of the company’s stock after purchasing an additional 5,031 shares during the quarter. Cornerstone Wealth Management LLC owned 0.24% of Columbia Multi-Sector Municipal Income ETF worth $948,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vertex Planning Partners LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF during the 3rd quarter worth $225,000. Pure Portfolios Holdings LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF during the 3rd quarter worth $289,000. Private Trust Co. NA grew its stake in Columbia Multi-Sector Municipal Income ETF by 110.7% during the 3rd quarter. Private Trust Co. NA now owns 15,405 shares of the company’s stock worth $320,000 after purchasing an additional 8,095 shares in the last quarter. Westside Investment Management Inc. grew its stake in Columbia Multi-Sector Municipal Income ETF by 34.8% during the 4th quarter. Westside Investment Management Inc. now owns 15,500 shares of the company’s stock worth $315,000 after purchasing an additional 4,000 shares in the last quarter. Finally, MML Investors Services LLC boosted its position in shares of Columbia Multi-Sector Municipal Income ETF by 5.1% during the 3rd quarter. MML Investors Services LLC now owns 17,185 shares of the company’s stock worth $357,000 after acquiring an additional 837 shares in the last quarter.

Columbia Multi-Sector Municipal Income ETF Stock Up 0.2 %

NYSEARCA:MUST opened at $20.32 on Friday. The stock has a 50-day simple moving average of $20.48 and a 200-day simple moving average of $20.56. Columbia Multi-Sector Municipal Income ETF has a 1 year low of $20.07 and a 1 year high of $20.94.

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.