Cornerstone Wealth Management LLC Acquires 767 Shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST)

Cornerstone Wealth Management LLC increased its stake in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 1.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 41,644 shares of the company’s stock after purchasing an additional 767 shares during the quarter. Cornerstone Wealth Management LLC owned approximately 0.21% of Columbia Multi-Sector Municipal Income ETF worth $865,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Geneos Wealth Management Inc. raised its stake in shares of Columbia Multi-Sector Municipal Income ETF by 704.5% in the first quarter. Geneos Wealth Management Inc. now owns 3,250 shares of the company’s stock worth $67,000 after buying an additional 2,846 shares during the period. Strategic Equity Management purchased a new position in Columbia Multi-Sector Municipal Income ETF during the second quarter valued at approximately $243,000. Westside Investment Management Inc. boosted its position in shares of Columbia Multi-Sector Municipal Income ETF by 55.6% in the first quarter. Westside Investment Management Inc. now owns 14,000 shares of the company’s stock worth $289,000 after purchasing an additional 5,000 shares during the period. Comerica Bank increased its stake in shares of Columbia Multi-Sector Municipal Income ETF by 7.1% in the first quarter. Comerica Bank now owns 15,055 shares of the company’s stock worth $311,000 after purchasing an additional 1,000 shares in the last quarter. Finally, New Insight Wealth Advisors raised its position in shares of Columbia Multi-Sector Municipal Income ETF by 9.4% during the 1st quarter. New Insight Wealth Advisors now owns 17,476 shares of the company’s stock valued at $361,000 after purchasing an additional 1,500 shares during the period.

Columbia Multi-Sector Municipal Income ETF Stock Performance

MUST opened at $20.69 on Friday. The firm’s fifty day moving average is $20.69 and its 200 day moving average is $20.55. Columbia Multi-Sector Municipal Income ETF has a fifty-two week low of $19.17 and a fifty-two week high of $20.92.

About Columbia Multi-Sector Municipal Income ETF

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.