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

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) shares shot up 0.1% during mid-day trading on Thursday . The stock traded as high as $17.59 and last traded at $17.55. 338,668 shares traded hands during mid-day trading, an increase of 273% from the average session volume of 90,858 shares. The stock had previously closed at $17.53.

Columbia Diversified Fixed Income Allocation ETF Stock Performance

The business’s 50-day simple moving average is $17.82 and its 200 day simple moving average is $18.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DIAL. Lifeworks Advisors LLC bought a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the third quarter worth approximately $222,000. IHT Wealth Management LLC purchased a new position in Columbia Diversified Fixed Income Allocation ETF during the 3rd quarter valued at about $303,000. Kaydan Wealth Management Inc. grew its position in shares of Columbia Diversified Fixed Income Allocation ETF by 36.3% in the 3rd quarter. Kaydan Wealth Management Inc. now owns 22,172 shares of the company’s stock worth $410,000 after buying an additional 5,905 shares during the last quarter. Accelerate Investment Advisors LLC purchased a new position in shares of Columbia Diversified Fixed Income Allocation ETF during the third quarter valued at approximately $417,000. Finally, Commonwealth Equity Services LLC lifted its stake in Columbia Diversified Fixed Income Allocation ETF by 2.0% in the second quarter. Commonwealth Equity Services LLC now owns 64,741 shares of the company’s stock worth $1,142,000 after acquiring an additional 1,249 shares during the period.

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.