Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Shares Bought by Raymond James & Associates

Raymond James & Associates grew its position in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 105.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,844 shares of the company’s stock after acquiring an additional 16,349 shares during the quarter. Raymond James & Associates owned approximately 0.19% of Columbia Multi-Sector Municipal Income ETF worth $665,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in MUST. Private Trust Co. NA bought a new stake in Columbia Multi-Sector Municipal Income ETF during the third quarter valued at $143,000. Brookstone Capital Management bought a new stake in shares of Columbia Multi-Sector Municipal Income ETF during the 4th quarter valued at about $409,000. Westside Investment Management Inc. raised its stake in Columbia Multi-Sector Municipal Income ETF by 350.0% during the third quarter. Westside Investment Management Inc. now owns 9,000 shares of the company’s stock worth $176,000 after acquiring an additional 7,000 shares during the period. TruWealth Advisors LLC lifted its holdings in Columbia Multi-Sector Municipal Income ETF by 6.4% in the fourth quarter. TruWealth Advisors LLC now owns 393,326 shares of the company’s stock worth $8,209,000 after acquiring an additional 23,799 shares during the last quarter. Finally, Cornerstone Wealth Management LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF in the fourth quarter valued at approximately $865,000.

Columbia Multi-Sector Municipal Income ETF Stock Down 0.1 %

NYSEARCA:MUST opened at $20.49 on Thursday. The stock has a 50 day moving average of $20.63 and a 200-day moving average of $20.38. Columbia Multi-Sector Municipal Income ETF has a 52 week low of $19.17 and a 52 week high of $20.92.

Columbia Multi-Sector Municipal Income ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.0557 per share. This is an increase from Columbia Multi-Sector Municipal Income ETF’s previous dividend of $0.04. The ex-dividend date was Monday, April 1st.

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.