Haven Private LLC Has $17.91 Million Position in Columbia Multi-Sector Municipal Income ETF $MUST

Haven Private LLC increased its position in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 6.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 872,432 shares of the company’s stock after acquiring an additional 50,839 shares during the quarter. Columbia Multi-Sector Municipal Income ETF comprises 7.9% of Haven Private LLC’s investment portfolio, making the stock its largest holding. Haven Private LLC owned approximately 3.58% of Columbia Multi-Sector Municipal Income ETF worth $17,911,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its position in Columbia Multi-Sector Municipal Income ETF by 18.2% during the second quarter. EverSource Wealth Advisors LLC now owns 3,416 shares of the company’s stock worth $69,000 after purchasing an additional 525 shares during the period. Private Trust Co. NA purchased a new stake in shares of Columbia Multi-Sector Municipal Income ETF during the 3rd quarter valued at approximately $111,000. Truist Financial Corp purchased a new stake in shares of Columbia Multi-Sector Municipal Income ETF during the 3rd quarter valued at approximately $208,000. Concurrent Investment Advisors LLC bought a new position in Columbia Multi-Sector Municipal Income ETF in the 2nd quarter worth approximately $241,000. Finally, Daymark Wealth Partners LLC grew its stake in Columbia Multi-Sector Municipal Income ETF by 15.9% in the 2nd quarter. Daymark Wealth Partners LLC now owns 12,117 shares of the company’s stock valued at $244,000 after buying an additional 1,658 shares in the last quarter.

Columbia Multi-Sector Municipal Income ETF Price Performance

Shares of MUST stock opened at $20.93 on Thursday. The company’s fifty day simple moving average is $20.73 and its two-hundred day simple moving average is $20.52. 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 Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a dividend of $0.0587 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.4%.

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.