Foundations Investment Advisors LLC Acquires 36,668 Shares of Columbia Multi-Sector Municipal Income ETF $MUST

Foundations Investment Advisors LLC lifted its holdings in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 80.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 82,492 shares of the company’s stock after acquiring an additional 36,668 shares during the quarter. Foundations Investment Advisors LLC owned 0.31% of Columbia Multi-Sector Municipal Income ETF worth $1,700,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in MUST. Integrated Wealth Concepts LLC lifted its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 12.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 14,205 shares of the company’s stock worth $286,000 after acquiring an additional 1,578 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 48.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 70,484 shares of the company’s stock worth $1,418,000 after acquiring an additional 22,929 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 18.2% in 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 during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 277.3% in the 2nd quarter. Raymond James Financial Inc. now owns 233,038 shares of the company’s stock worth $4,689,000 after acquiring an additional 171,272 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the 2nd quarter worth approximately $4,425,000.

Columbia Multi-Sector Municipal Income ETF Stock Performance

Shares of MUST opened at $20.63 on Friday. Columbia Multi-Sector Municipal Income ETF has a fifty-two week low of $19.83 and a fifty-two week high of $22.10. The firm has a 50 day moving average price of $20.51 and a 200-day moving average price of $20.67.

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.