NewEdge Advisors LLC Trims Stock Holdings in Columbia U.S. Equity Income ETF $EQIN

NewEdge Advisors LLC lowered its position in shares of Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) by 19.0% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 95,072 shares of the company’s stock after selling 22,336 shares during the quarter. NewEdge Advisors LLC owned about 1.73% of Columbia U.S. Equity Income ETF worth $4,673,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in EQIN. Stifel Financial Corp increased its holdings in shares of Columbia U.S. Equity Income ETF by 43.4% in the fourth quarter. Stifel Financial Corp now owns 171,604 shares of the company’s stock valued at $8,149,000 after purchasing an additional 51,946 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Columbia U.S. Equity Income ETF by 125.9% during the fourth quarter. Cetera Investment Advisers now owns 73,184 shares of the company’s stock worth $3,476,000 after purchasing an additional 40,785 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Columbia U.S. Equity Income ETF by 316.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 49,210 shares of the company’s stock worth $2,337,000 after purchasing an additional 37,392 shares during the period. Raymond James Financial Inc. boosted its position in Columbia U.S. Equity Income ETF by 52.9% in the second quarter. Raymond James Financial Inc. now owns 95,499 shares of the company’s stock valued at $4,301,000 after buying an additional 33,025 shares during the last quarter. Finally, Cornerstone Financial Management LLC purchased a new stake in Columbia U.S. Equity Income ETF in the fourth quarter valued at approximately $1,237,000.

Columbia U.S. Equity Income ETF Trading Down 0.5%

Shares of NYSEARCA:EQIN opened at $52.86 on Friday. Columbia U.S. Equity Income ETF has a twelve month low of $44.01 and a twelve month high of $53.85. The company’s 50 day moving average is $51.89 and its 200 day moving average is $50.58. The company has a market cap of $306.59 million, a PE ratio of 17.92 and a beta of 0.71.

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.