Vested Financial Planning LLC Invests $539,000 in Columbia Multi-Sector Municipal Income ETF $MUST

Vested Financial Planning LLC bought a new stake in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 25,909 shares of the company’s stock, valued at approximately $539,000. Columbia Multi-Sector Municipal Income ETF comprises approximately 0.4% of Vested Financial Planning LLC’s portfolio, making the stock its 23rd largest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Concurrent Investment Advisors LLC increased its holdings in Columbia Multi-Sector Municipal Income ETF by 2,712.1% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 410,031 shares of the company’s stock valued at $8,529,000 after purchasing an additional 395,450 shares in the last quarter. Global Wealth Strategies & Associates boosted its stake in Columbia Multi-Sector Municipal Income ETF by 7.2% in the second quarter. Global Wealth Strategies & Associates now owns 176,439 shares of the company’s stock worth $3,670,000 after purchasing an additional 11,917 shares in the last quarter. Bank of America Corp DE boosted its stake in Columbia Multi-Sector Municipal Income ETF by 27.1% in the first quarter. Bank of America Corp DE now owns 1,423,161 shares of the company’s stock worth $29,189,000 after purchasing an additional 303,189 shares in the last quarter. Waverly Advisors LLC acquired a new position in Columbia Multi-Sector Municipal Income ETF in the first quarter worth $224,000. Finally, Cetera Investment Advisers grew its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 2.2% during the first quarter. Cetera Investment Advisers now owns 127,296 shares of the company’s stock worth $2,611,000 after purchasing an additional 2,801 shares during the last quarter.

Columbia Multi-Sector Municipal Income ETF Stock Performance

Shares of MUST stock opened at $19.91 on Friday. Columbia Multi-Sector Municipal Income ETF has a 52 week low of $19.88 and a 52 week high of $21.10. The stock’s fifty day moving average is $20.36 and its 200-day moving average is $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.