Spartan Wealth Advisory Services LLC Makes New Investment in Columbia Multi-Sector Municipal Income ETF $MUST

Spartan Wealth Advisory Services LLC purchased a new stake in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 227,266 shares of the company’s stock, valued at approximately $4,661,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of Columbia Multi-Sector Municipal Income ETF by 18.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,416 shares of the company’s stock worth $69,000 after acquiring an additional 525 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Columbia Multi-Sector Municipal Income ETF by 2.9% in the first quarter. Janney Montgomery Scott LLC now owns 32,281 shares of the company’s stock worth $662,000 after purchasing an additional 915 shares during the last quarter. Frederick Financial Consultants LLC grew its holdings in Columbia Multi-Sector Municipal Income ETF by 0.7% in the fourth quarter. Frederick Financial Consultants LLC now owns 137,483 shares of the company’s stock worth $2,834,000 after purchasing an additional 1,012 shares during the last quarter. Advisory Services Network LLC increased its position in shares of Columbia Multi-Sector Municipal Income ETF by 4.7% during the third quarter. Advisory Services Network LLC now owns 25,209 shares of the company’s stock worth $518,000 after purchasing an additional 1,141 shares in the last quarter. Finally, &PARTNERS increased its position in shares of Columbia Multi-Sector Municipal Income ETF by 5.8% during the fourth quarter. &PARTNERS now owns 22,769 shares of the company’s stock worth $469,000 after purchasing an additional 1,246 shares in the last quarter.

Columbia Multi-Sector Municipal Income ETF Trading Down 0.2%

Shares of MUST opened at $20.38 on Friday. Columbia Multi-Sector Municipal Income ETF has a 12 month low of $19.85 and a 12 month high of $21.10. The stock has a fifty day moving average price of $20.58 and a 200-day moving average price of $20.67.

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.