Advisory Services Network LLC Makes New $381,000 Investment in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST)

Advisory Services Network LLC purchased a new position in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 18,737 shares of the company’s stock, valued at approximately $381,000. Advisory Services Network LLC owned approximately 0.10% of Columbia Multi-Sector Municipal Income ETF at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Geneos Wealth Management Inc. boosted its stake in Columbia Multi-Sector Municipal Income ETF by 15.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 3,750 shares of the company’s stock worth $76,000 after purchasing an additional 500 shares during the period. LM Advisors LLC grew its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 2.1% during the fourth quarter. LM Advisors LLC now owns 40,725 shares of the company’s stock worth $827,000 after buying an additional 828 shares in the last quarter. MML Investors Services LLC raised its position in Columbia Multi-Sector Municipal Income ETF by 5.1% in the 3rd quarter. MML Investors Services LLC now owns 17,185 shares of the company’s stock valued at $357,000 after buying an additional 837 shares during the last quarter. Vertex Planning Partners LLC raised its position in Columbia Multi-Sector Municipal Income ETF by 11.7% in the 4th quarter. Vertex Planning Partners LLC now owns 12,079 shares of the company’s stock valued at $245,000 after buying an additional 1,266 shares during the last quarter. Finally, Global Wealth Strategies & Associates boosted its position in Columbia Multi-Sector Municipal Income ETF by 2.5% during the 4th quarter. Global Wealth Strategies & Associates now owns 104,021 shares of the company’s stock worth $2,113,000 after acquiring an additional 2,557 shares during the last quarter.

Columbia Multi-Sector Municipal Income ETF Stock Up 0.7 %

Shares of MUST opened at $19.84 on Friday. The company has a 50 day moving average of $20.20 and a 200-day moving average of $20.40. Columbia Multi-Sector Municipal Income ETF has a twelve month low of $19.01 and a twelve month 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.