Columbia Multi-Sector Municipal Income ETF $MUST Stock Holdings Cut by Joseph Group Capital Management

Joseph Group Capital Management lowered its position in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 61.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,309 shares of the company’s stock after selling 3,605 shares during the quarter. Joseph Group Capital Management’s holdings in Columbia Multi-Sector Municipal Income ETF were worth $46,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Haven Private LLC grew its position in Columbia Multi-Sector Municipal Income ETF by 1.4% during the 2nd quarter. Haven Private LLC now owns 821,593 shares of the company’s stock worth $16,530,000 after purchasing an additional 11,355 shares in the last quarter. TruWealth Advisors LLC grew its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 15.3% during the second quarter. TruWealth Advisors LLC now owns 246,860 shares of the company’s stock valued at $4,967,000 after buying an additional 32,702 shares in the last quarter. Baker Avenue Asset Management LP grew its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 14.2% during the first quarter. Baker Avenue Asset Management LP now owns 140,426 shares of the company’s stock valued at $2,827,000 after buying an additional 17,424 shares in the last quarter. Global Wealth Strategies & Associates lifted its stake in Columbia Multi-Sector Municipal Income ETF by 3.1% in the 2nd quarter. Global Wealth Strategies & Associates now owns 137,539 shares of the company’s stock worth $2,767,000 after acquiring an additional 4,129 shares in the last quarter. Finally, Frederick Financial Consultants LLC boosted its position in Columbia Multi-Sector Municipal Income ETF by 1.5% during the 2nd quarter. Frederick Financial Consultants LLC now owns 127,906 shares of the company’s stock worth $2,573,000 after acquiring an additional 1,897 shares during the period.

Columbia Multi-Sector Municipal Income ETF Price Performance

MUST opened at $20.63 on Monday. The stock has a fifty day moving average price of $20.52 and a 200 day moving average price of $20.19. Columbia Multi-Sector Municipal Income ETF has a 1 year low of $19.00 and a 1 year high of $22.10.

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.