Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Stock Price Down 0.4% – What’s Next?

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL)’s stock price was down 0.4% during mid-day trading on Tuesday . The stock traded as low as $18.04 and last traded at $18.05. 54,361 shares traded hands during mid-day trading, a decline of 43% from the average session volume of 95,376 shares. The stock had previously closed at $18.12.

Columbia Diversified Fixed Income Allocation ETF Price Performance

The business has a fifty day simple moving average of $18.14 and a 200 day simple moving average of $18.28.

Institutional Trading of Columbia Diversified Fixed Income Allocation ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Sunbelt Securities Inc. purchased a new stake in Columbia Diversified Fixed Income Allocation ETF during the third quarter worth about $26,000. Advisory Services Network LLC purchased a new position in Columbia Diversified Fixed Income Allocation ETF in the third quarter valued at about $144,000. Kestra Advisory Services LLC purchased a new position in Columbia Diversified Fixed Income Allocation ETF in the fourth quarter valued at about $152,000. Cornerstone Planning Group LLC acquired a new stake in shares of Columbia Diversified Fixed Income Allocation ETF during the 4th quarter valued at approximately $159,000. Finally, 5T Wealth LLC acquired a new stake in shares of Columbia Diversified Fixed Income Allocation ETF during the 4th quarter valued at approximately $202,000. Institutional investors and hedge funds own 2.16% of the company’s stock.

About Columbia Diversified Fixed Income Allocation ETF

The Columbia Diversified Fixed Income Allocation ETF (DIAL) is an exchange-traded fund that is based on the Beta Advantage Multi-Sector Bond index. The fund tracks an index comprised of six sub-indexes, each representing a different sector within the fixed income space. The index allocates fixed weights to each of the six sectors. DIAL was launched on Oct 12, 2017 and is managed by Columbia.