Genesis Private Wealth LLC Purchases New Shares in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST)

Genesis Private Wealth LLC purchased a new stake in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 96,567 shares of the company’s stock, valued at approximately $1,961,000. Columbia Multi-Sector Municipal Income ETF accounts for approximately 1.1% of Genesis Private Wealth LLC’s portfolio, making the stock its 28th largest position.

Several other hedge funds also recently made changes to their positions in MUST. JPMorgan Chase & Co. boosted its position in shares of Columbia Multi-Sector Municipal Income ETF by 432.4% during the third quarter. JPMorgan Chase & Co. now owns 186,477 shares of the company’s stock valued at $3,875,000 after purchasing an additional 151,451 shares in the last quarter. Amplius Wealth Advisors LLC boosted its position in shares of Columbia Multi-Sector Municipal Income ETF by 23.3% during the third quarter. Amplius Wealth Advisors LLC now owns 562,508 shares of the company’s stock valued at $11,689,000 after purchasing an additional 106,395 shares in the last quarter. Baker Avenue Asset Management LP boosted its position in shares of Columbia Multi-Sector Municipal Income ETF by 50.3% during the third quarter. Baker Avenue Asset Management LP now owns 117,674 shares of the company’s stock valued at $2,445,000 after purchasing an additional 39,384 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of Columbia Multi-Sector Municipal Income ETF during the third quarter valued at approximately $547,000. Finally, Cvfg LLC bought a new stake in shares of Columbia Multi-Sector Municipal Income ETF during the fourth quarter valued at approximately $439,000.

Columbia Multi-Sector Municipal Income ETF Price Performance

Columbia Multi-Sector Municipal Income ETF stock opened at $20.22 on Wednesday. The business’s fifty day simple moving average is $20.50 and its two-hundred day simple moving average is $20.57. Columbia Multi-Sector Municipal Income ETF has a 12 month low of $20.07 and a 12 month high of $20.94.

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.