Transcendent Capital Group LLC Invests $160,000 in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST)

Transcendent Capital Group LLC bought a new position in shares of Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,674 shares of the company’s stock, valued at approximately $160,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS Group AG grew its holdings in Columbia Multi-Sector Municipal Income ETF by 282.6% during the 4th quarter. UBS Group AG now owns 638,435 shares of the company’s stock valued at $13,324,000 after buying an additional 471,586 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 36.3% in the fourth quarter. Wells Fargo & Company MN now owns 1,685,926 shares of the company’s stock valued at $35,185,000 after purchasing an additional 448,809 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 106.0% in the third quarter. LPL Financial LLC now owns 507,635 shares of the company’s stock valued at $9,899,000 after purchasing an additional 261,204 shares in the last quarter. Baker Avenue Asset Management LP grew its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 96.7% in the third quarter. Baker Avenue Asset Management LP now owns 114,085 shares of the company’s stock valued at $2,225,000 after purchasing an additional 56,076 shares in the last quarter. Finally, AlphaQ Advisors LLC grew its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 15.0% in the fourth quarter. AlphaQ Advisors LLC now owns 409,246 shares of the company’s stock valued at $8,541,000 after purchasing an additional 53,318 shares in the last quarter.

Columbia Multi-Sector Municipal Income ETF Trading Down 0.1 %

Shares of MUST stock traded down $0.02 on Friday, reaching $20.48. The company’s stock had a trading volume of 33,890 shares, compared to its average volume of 109,545. The stock’s fifty day simple moving average is $20.44 and its 200-day simple moving average is $20.59. Columbia Multi-Sector Municipal Income ETF has a 1 year low of $19.17 and a 1 year high of $20.92.

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.