Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Trading 0.2% Higher – Here’s What Happened

Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUSTGet Free Report) shares traded up 0.2% during mid-day trading on Monday . The stock traded as high as $20.42 and last traded at $20.42. Approximately 185,559 shares were traded during mid-day trading, an increase of 46% from the average session volume of 127,186 shares. The stock had previously closed at $20.37.

Columbia Multi-Sector Municipal Income ETF Stock Up 0.2%

The business’s fifty day moving average is $20.53 and its 200 day moving average is $20.62.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MUST. Morgan Stanley raised its position in shares of Columbia Multi-Sector Municipal Income ETF by 37.8% during the fourth quarter. Morgan Stanley now owns 4,946,952 shares of the company’s stock worth $101,957,000 after purchasing an additional 1,357,813 shares during the period. LPL Financial LLC boosted its position in shares of Columbia Multi-Sector Municipal Income ETF by 12.2% in the 4th quarter. LPL Financial LLC now owns 2,825,989 shares of the company’s stock valued at $58,244,000 after purchasing an additional 307,179 shares during the period. Bank of America Corp DE increased its stake in Columbia Multi-Sector Municipal Income ETF by 27.1% in the 1st quarter. Bank of America Corp DE now owns 1,423,161 shares of the company’s stock worth $29,189,000 after purchasing an additional 303,189 shares in the last quarter. Spartan Wealth Advisory Services LLC purchased a new position in Columbia Multi-Sector Municipal Income ETF in the 1st quarter worth about $4,661,000. Finally, Jane Street Group LLC purchased a new position in Columbia Multi-Sector Municipal Income ETF in the 2nd quarter worth about $4,425,000.

About Columbia Multi-Sector Municipal Income ETF

(Get Free Report)

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.

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