Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Trading 0.3% Higher – What’s Next?

Shares of Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) traded up 0.3% during trading on Monday . The company traded as high as $18.40 and last traded at $18.40. 49,387 shares changed hands during mid-day trading, an increase of 12% from the average session volume of 44,144 shares. The stock had previously closed at $18.35.

Columbia Diversified Fixed Income Allocation ETF Price Performance

The business’s 50-day moving average is $18.39 and its two-hundred day moving average is $18.32.

Hedge Funds Weigh In On Columbia Diversified Fixed Income Allocation ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in DIAL. Morgan Dempsey Capital Management LLC increased its position in shares of Columbia Diversified Fixed Income Allocation ETF by 13.9% in the 2nd quarter. Morgan Dempsey Capital Management LLC now owns 6,888 shares of the company’s stock valued at $125,000 after buying an additional 842 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its holdings in Columbia Diversified Fixed Income Allocation ETF by 5.7% during the third quarter. Walkner Condon Financial Advisors LLC now owns 16,790 shares of the company’s stock worth $310,000 after acquiring an additional 910 shares in the last quarter. Raymond James Financial Inc. grew its stake in Columbia Diversified Fixed Income Allocation ETF by 2.4% in the second quarter. Raymond James Financial Inc. now owns 45,758 shares of the company’s stock valued at $833,000 after acquiring an additional 1,060 shares during the period. Rehmann Capital Advisory Group increased its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 1.2% in the second quarter. Rehmann Capital Advisory Group now owns 108,387 shares of the company’s stock worth $1,974,000 after acquiring an additional 1,255 shares in the last quarter. Finally, Sunbelt Securities Inc. bought a new stake in shares of Columbia Diversified Fixed Income Allocation ETF in the third quarter worth about $26,000. 2.16% of the stock is owned by institutional investors.

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.