Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Shares Down 0.4% – Should You Sell?

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL)’s stock price fell 0.4% during mid-day trading on Wednesday . The stock traded as low as $17.88 and last traded at $17.88. 67,205 shares changed hands during mid-day trading, a decline of 29% from the average session volume of 94,055 shares. The stock had previously closed at $17.95.

Columbia Diversified Fixed Income Allocation ETF Stock Down 0.4%

The stock has a fifty day moving average price of $18.09 and a 200-day moving average price of $18.23.

Institutional Trading of Columbia Diversified Fixed Income Allocation ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Sunbelt Securities Inc. bought a new position in Columbia Diversified Fixed Income Allocation ETF in the third quarter valued at approximately $26,000. Advisory Services Network LLC bought a new stake in shares of Columbia Diversified Fixed Income Allocation ETF during the 3rd quarter valued at $144,000. Kestra Advisory Services LLC acquired a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the 4th quarter valued at $152,000. Cornerstone Planning Group LLC bought a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the 4th quarter worth $159,000. Finally, 5T Wealth LLC bought a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the 4th quarter worth $202,000. 2.16% of the stock is currently owned by institutional investors and hedge funds.

Columbia Diversified Fixed Income Allocation ETF Company Profile

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.