TruWealth Advisors LLC Increases Position in Columbia Multi-Sector Municipal Income ETF $MUST

TruWealth Advisors LLC boosted its holdings in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 15.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 246,860 shares of the company’s stock after purchasing an additional 32,702 shares during the quarter. TruWealth Advisors LLC owned about 1.13% of Columbia Multi-Sector Municipal Income ETF worth $4,967,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of MUST. Larson Financial Group LLC purchased a new stake in Columbia Multi-Sector Municipal Income ETF in the first quarter worth about $44,000. Daymark Wealth Partners LLC purchased a new stake in Columbia Multi-Sector Municipal Income ETF in the first quarter worth about $211,000. Integrated Wealth Concepts LLC grew its holdings in Columbia Multi-Sector Municipal Income ETF by 12.5% in the first quarter. Integrated Wealth Concepts LLC now owns 14,205 shares of the company’s stock worth $286,000 after purchasing an additional 1,578 shares during the period. Westside Investment Management Inc. grew its holdings in Columbia Multi-Sector Municipal Income ETF by 14.8% in the first quarter. Westside Investment Management Inc. now owns 17,800 shares of the company’s stock worth $360,000 after purchasing an additional 2,300 shares during the period. Finally, Flow Traders U.S. LLC purchased a new stake in Columbia Multi-Sector Municipal Income ETF in the first quarter worth about $376,000.

Columbia Multi-Sector Municipal Income ETF Stock Performance

Shares of MUST opened at $20.46 on Friday. The firm’s 50-day simple moving average is $20.06 and its two-hundred day simple moving average is $20.06. Columbia Multi-Sector Municipal Income ETF has a fifty-two week low of $19.00 and a fifty-two week high of $22.10.

Columbia Multi-Sector Municipal Income ETF 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.