Horst & Graben Wealth Management LLC Lowers Stock Holdings in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST)

Horst & Graben Wealth Management LLC lowered its stake in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 11.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,766 shares of the company’s stock after selling 1,639 shares during the period. Horst & Graben Wealth Management LLC owned 0.06% of Columbia Multi-Sector Municipal Income ETF worth $265,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 704.5% during the first quarter. Geneos Wealth Management Inc. now owns 3,250 shares of the company’s stock valued at $67,000 after acquiring an additional 2,846 shares in the last quarter. Strategic Equity Management purchased a new stake in Columbia Multi-Sector Municipal Income ETF during the 2nd quarter valued at about $243,000. Westside Investment Management Inc. increased its stake in Columbia Multi-Sector Municipal Income ETF by 55.6% during the 1st quarter. Westside Investment Management Inc. now owns 14,000 shares of the company’s stock valued at $289,000 after purchasing an additional 5,000 shares in the last quarter. Pure Portfolios Holdings LLC purchased a new position in Columbia Multi-Sector Municipal Income ETF in the third quarter worth about $289,000. Finally, Comerica Bank lifted its stake in shares of Columbia Multi-Sector Municipal Income ETF by 7.1% in the first quarter. Comerica Bank now owns 15,055 shares of the company’s stock worth $311,000 after buying an additional 1,000 shares in the last quarter.

Columbia Multi-Sector Municipal Income ETF Trading Down 0.3 %

NYSEARCA:MUST opened at $20.54 on Tuesday. The company’s 50 day moving average price is $20.69 and its 200-day moving average price is $20.55. 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 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.