Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Stock Price Down 0.4% – Time to Sell?

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) shares traded down 0.4% during mid-day trading on Wednesday . The company traded as low as $17.88 and last traded at $17.88. 67,205 shares changed hands during 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 Price Performance

The business has a 50 day moving average price of $18.09 and a 200 day moving average price of $18.23.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. LPL Financial LLC lifted its holdings in Columbia Diversified Fixed Income Allocation ETF by 75.6% during the fourth quarter. LPL Financial LLC now owns 2,183,465 shares of the company’s stock worth $40,077,000 after acquiring an additional 939,843 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Columbia Diversified Fixed Income Allocation ETF by 13.8% during the third quarter. Ameriprise Financial Inc. now owns 6,619,968 shares of the company’s stock worth $122,138,000 after purchasing an additional 805,152 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of Columbia Diversified Fixed Income Allocation ETF during the fourth quarter worth about $13,765,000. Bank of America Corp DE lifted its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 33.6% during the 1st quarter. Bank of America Corp DE now owns 1,233,531 shares of the company’s stock valued at $22,302,000 after purchasing an additional 310,190 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Columbia Diversified Fixed Income Allocation ETF by 224.8% during the 1st quarter. Jane Street Group LLC now owns 133,697 shares of the company’s stock valued at $2,391,000 after purchasing an additional 92,531 shares in the last quarter. 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.