Moneywise Inc. Sells 71,063 Shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST)

Moneywise Inc. trimmed its holdings in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 35.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,408 shares of the company’s stock after selling 71,063 shares during the period. Columbia Multi-Sector Municipal Income ETF comprises about 1.3% of Moneywise Inc.’s portfolio, making the stock its 17th largest position. Moneywise Inc.’s holdings in Columbia Multi-Sector Municipal Income ETF were worth $2,628,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MML Investors Services LLC lifted its position in shares of Columbia Multi-Sector Municipal Income ETF by 5.1% during the third 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. JPMorgan Chase & Co. lifted its position in shares of Columbia Multi-Sector Municipal Income ETF by 432.4% during the third quarter. JPMorgan Chase & Co. now owns 186,477 shares of the company’s stock valued at $3,875,000 after buying an additional 151,451 shares during the last quarter. Natixis Advisors LLC lifted its position in shares of Columbia Multi-Sector Municipal Income ETF by 8.1% during the third quarter. Natixis Advisors LLC now owns 35,787 shares of the company’s stock valued at $744,000 after buying an additional 2,683 shares during the last quarter. Foundations Investment Advisors LLC lifted its position in shares of Columbia Multi-Sector Municipal Income ETF by 13.0% during the third quarter. Foundations Investment Advisors LLC now owns 23,080 shares of the company’s stock valued at $480,000 after buying an additional 2,647 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of Columbia Multi-Sector Municipal Income ETF by 15.4% during the fourth quarter. Geneos Wealth Management Inc. now owns 3,750 shares of the company’s stock valued at $76,000 after buying an additional 500 shares during the last quarter.

Columbia Multi-Sector Municipal Income ETF Stock Up 0.4 %

Shares of Columbia Multi-Sector Municipal Income ETF stock opened at $20.47 on Thursday. The company has a 50 day moving average price of $20.44 and a 200 day moving average price of $20.56. Columbia Multi-Sector Municipal Income ETF has a 52 week low of $20.07 and a 52 week high of $20.94.

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.