Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Stock Price Up 0.1% – Here’s What Happened

Shares of Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) traded up 0.1% on Monday . The stock traded as high as $18.12 and last traded at $18.10. 78,739 shares traded hands during trading, a decline of 24% from the average session volume of 103,129 shares. The stock had previously closed at $18.09.

Columbia Diversified Fixed Income Allocation ETF Stock Performance

The company’s 50 day simple moving average is $18.33 and its two-hundred day simple moving average is $18.39.

Columbia Diversified Fixed Income Allocation ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.0774 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This is a positive change from Columbia Diversified Fixed Income Allocation ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 5.1%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sunbelt Securities Inc. purchased a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the third quarter valued at approximately $26,000. Advisory Services Network LLC purchased a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the third quarter valued at approximately $144,000. Kestra Advisory Services LLC purchased a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the fourth quarter valued at approximately $152,000. Cornerstone Planning Group LLC purchased a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the fourth quarter valued at approximately $159,000. Finally, 5T Wealth LLC purchased a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the fourth quarter valued at approximately $202,000. Hedge funds and other institutional investors 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.