Haven Private LLC Makes New $13.95 Million Investment in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST)

Haven Private LLC purchased a new position in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) during the 4th quarter, HoldingsChannel reports. The firm purchased 686,919 shares of the company’s stock, valued at approximately $13,951,000. Columbia Multi-Sector Municipal Income ETF accounts for about 7.8% of Haven Private LLC’s portfolio, making the stock its largest holding.

Several other large investors have also recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new position in shares of Columbia Multi-Sector Municipal Income ETF during the 4th quarter valued at $6,501,000. BlueStem Wealth Partners LLC acquired a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the fourth quarter worth $4,434,000. Private Trust Co. NA boosted its position in shares of Columbia Multi-Sector Municipal Income ETF by 82.5% in the fourth quarter. Private Trust Co. NA now owns 28,116 shares of the company’s stock worth $571,000 after buying an additional 12,711 shares during the period. Truist Financial Corp acquired a new stake in shares of Columbia Multi-Sector Municipal Income ETF in the fourth quarter worth $327,000. Finally, CENTRAL TRUST Co boosted its position in shares of Columbia Multi-Sector Municipal Income ETF by 127.3% in the fourth quarter. CENTRAL TRUST Co now owns 119,098 shares of the company’s stock worth $2,419,000 after buying an additional 66,707 shares during the period.

Columbia Multi-Sector Municipal Income ETF Stock Down 0.1 %

Shares of Columbia Multi-Sector Municipal Income ETF stock opened at $20.41 on Friday. Columbia Multi-Sector Municipal Income ETF has a 12 month low of $20.07 and a 12 month high of $20.94. The business has a fifty day simple moving average of $20.37 and a 200-day simple moving average of $20.54.

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.