Arbor Capital Management Inc. ADV Has $1.43 Million Stock Holdings in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST)

Arbor Capital Management Inc. ADV cut its position in Columbia Multi-Sector Municipal Income ETF (NYSEARCA:MUST) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 70,008 shares of the company’s stock after selling 1,833 shares during the period. Columbia Multi-Sector Municipal Income ETF comprises about 1.4% of Arbor Capital Management Inc. ADV’s portfolio, making the stock its 29th largest position. Arbor Capital Management Inc. ADV owned approximately 0.36% of Columbia Multi-Sector Municipal Income ETF worth $1,425,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its holdings in Columbia Multi-Sector Municipal Income ETF by 15.4% in the fourth quarter. Geneos Wealth Management Inc. now owns 3,750 shares of the company’s stock worth $76,000 after purchasing an additional 500 shares during the period. Vertex Planning Partners LLC acquired a new stake in shares of Columbia Multi-Sector Municipal Income ETF during the third quarter worth $225,000. Westside Investment Management Inc. raised its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 34.8% during the fourth quarter. Westside Investment Management Inc. now owns 15,500 shares of the company’s stock worth $315,000 after acquiring an additional 4,000 shares during the period. Private Trust Co. NA raised its holdings in shares of Columbia Multi-Sector Municipal Income ETF by 110.7% during the third quarter. Private Trust Co. NA now owns 15,405 shares of the company’s stock worth $320,000 after acquiring an additional 8,095 shares during the period. Finally, Truist Financial Corp acquired a new stake in shares of Columbia Multi-Sector Municipal Income ETF during the fourth quarter worth $327,000.

Columbia Multi-Sector Municipal Income ETF Stock Performance

Shares of NYSEARCA:MUST opened at $20.17 on Monday. Columbia Multi-Sector Municipal Income ETF has a 12 month low of $20.07 and a 12 month high of $20.94. The company’s fifty day simple moving average is $20.37 and its 200 day simple moving average is $20.52.

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.