Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUSTGet Free Report) saw unusually-strong trading volume on Monday . Approximately 147,892 shares changed hands during trading, an increase of 18% from the previous session’s volume of 125,085 shares.The stock last traded at $20.74 and had previously closed at $20.73.

Columbia Multi-Sector Municipal Income ETF Trading Down 0.3%

The company’s 50-day simple moving average is $20.59 and its 200 day simple moving average is $20.68.

Institutional Investors Weigh In On Columbia Multi-Sector Municipal Income ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in MUST. Kestra Advisory Services LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF during the fourth quarter valued at approximately $56,000. EverSource Wealth Advisors LLC grew its stake in 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 valued at $69,000 after buying an additional 525 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in Columbia Multi-Sector Municipal Income ETF by 53.7% in the 4th quarter. Farther Finance Advisors LLC now owns 6,136 shares of the company’s stock worth $126,000 after acquiring an additional 2,143 shares during the period. Ascentis Independent Advisors bought a new position in Columbia Multi-Sector Municipal Income ETF in the 1st quarter worth $214,000. Finally, Waverly Advisors LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF during the 1st quarter worth $224,000.

Columbia Multi-Sector Municipal Income ETF Company Profile

(Get Free Report)

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.

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