Janney Montgomery Scott LLC Decreases Stock Holdings in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST)

Janney Montgomery Scott LLC decreased its position in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 11.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 37,688 shares of the company’s stock after selling 4,750 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.19% of Columbia Multi-Sector Municipal Income ETF worth $765,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in Columbia Multi-Sector Municipal Income ETF by 432.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 186,477 shares of the company’s stock worth $3,875,000 after buying an additional 151,451 shares in the last quarter. Amplius Wealth Advisors LLC raised its stake in shares of Columbia Multi-Sector Municipal Income ETF by 23.3% in the third quarter. Amplius Wealth Advisors LLC now owns 562,508 shares of the company’s stock valued at $11,689,000 after acquiring an additional 106,395 shares in the last quarter. Genesis Private Wealth LLC purchased a new position in Columbia Multi-Sector Municipal Income ETF in the fourth quarter valued at $1,961,000. Baker Avenue Asset Management LP grew its stake in Columbia Multi-Sector Municipal Income ETF by 50.3% during the 3rd quarter. Baker Avenue Asset Management LP now owns 117,674 shares of the company’s stock worth $2,445,000 after purchasing an additional 39,384 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new stake in Columbia Multi-Sector Municipal Income ETF during the 3rd quarter worth about $547,000.

Columbia Multi-Sector Municipal Income ETF Stock Performance

MUST stock opened at $20.48 on Friday. Columbia Multi-Sector Municipal Income ETF has a fifty-two week low of $20.07 and a fifty-two week high of $20.94. The business has a 50 day moving average price of $20.42 and a 200 day moving average price of $20.56.

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.