Mcdonald Partners LLC Purchases 10,707 Shares of Columbia U.S. Equity Income ETF $EQIN

Mcdonald Partners LLC increased its position in shares of Columbia U.S. Equity Income ETF (NYSEARCA:EQIN) by 164.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 17,233 shares of the company’s stock after buying an additional 10,707 shares during the period. Mcdonald Partners LLC’s holdings in Columbia U.S. Equity Income ETF were worth $818,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of EQIN. Axis Wealth Partners LLC acquired a new stake in shares of Columbia U.S. Equity Income ETF during the third quarter worth about $1,222,000. Amara Financial LLC. acquired a new stake in shares of Columbia U.S. Equity Income ETF during the third quarter worth about $1,427,000. Collier Financial acquired a new stake in shares of Columbia U.S. Equity Income ETF during the third quarter worth about $254,000. Envestnet Asset Management Inc. boosted its stake in shares of Columbia U.S. Equity Income ETF by 36.4% during the third quarter. Envestnet Asset Management Inc. now owns 7,633 shares of the company’s stock worth $356,000 after buying an additional 2,037 shares during the period. Finally, Jones Financial Companies Lllp acquired a new stake in shares of Columbia U.S. Equity Income ETF during the third quarter worth about $325,000.

Columbia U.S. Equity Income ETF Stock Performance

Shares of EQIN opened at $50.49 on Friday. Columbia U.S. Equity Income ETF has a fifty-two week low of $43.36 and a fifty-two week high of $51.74. The company has a market capitalization of $277.70 million, a price-to-earnings ratio of 17.92 and a beta of 0.72. The firm has a 50-day simple moving average of $49.79 and a 200-day simple moving average of $48.59.

Columbia U.S. Equity Income ETF Company 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.