Columbia U.S. Equity Income ETF $EQIN Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC decreased its holdings in shares of Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) by 15.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,751 shares of the company’s stock after selling 18,657 shares during the period. NewEdge Advisors LLC owned approximately 1.80% of Columbia U.S. Equity Income ETF worth $4,853,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Western Wealth Management LLC bought a new stake in shares of Columbia U.S. Equity Income ETF in the 1st quarter worth approximately $49,000. Cetera Investment Advisers lifted its stake in Columbia U.S. Equity Income ETF by 28.6% during the first quarter. Cetera Investment Advisers now owns 94,141 shares of the company’s stock valued at $4,627,000 after purchasing an additional 20,957 shares during the last quarter. Northwest Wealth Advisors LLC bought a new stake in Columbia U.S. Equity Income ETF during the first quarter worth approximately $226,000. Ascentis Independent Advisors boosted its holdings in Columbia U.S. Equity Income ETF by 36.9% during the first quarter. Ascentis Independent Advisors now owns 15,624 shares of the company’s stock worth $768,000 after buying an additional 4,215 shares in the last quarter. Finally, Axis Wealth Partners LLC grew its position in Columbia U.S. Equity Income ETF by 1.9% in the first quarter. Axis Wealth Partners LLC now owns 26,091 shares of the company’s stock worth $1,282,000 after buying an additional 489 shares during the last quarter.

Columbia U.S. Equity Income ETF Stock Performance

NYSEARCA EQIN opened at $54.24 on Wednesday. The stock has a market capitalization of $314.59 million, a P/E ratio of 17.92 and a beta of 0.71. Columbia U.S. Equity Income ETF has a 1 year low of $44.64 and a 1 year high of $54.42. The business’s fifty day moving average is $52.36 and its two-hundred day moving average is $50.85.

Columbia U.S. Equity Income ETF Profile

The Columbia U.S. Equity Income ETF (EQIN) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying US companies. The fund uses a proprietary, fundamental selection process with an exclusionary screen for ESG risk. EQIN was launched on Jun 13, 2016 and is issued by Columbia Threadneedle.