Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) Shares Up 0.4% – Still a Buy?

Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIALGet Free Report)’s stock price shot up 0.4% on Monday . The company traded as high as $18.18 and last traded at $18.17. 36,248 shares were traded during trading, a decline of 54% from the average session volume of 79,173 shares. The stock had previously closed at $18.09.

Columbia Diversified Fixed Income Allocation ETF Price Performance

The company’s 50-day simple moving average is $18.43 and its 200-day simple moving average is $18.42.

Columbia Diversified Fixed Income Allocation ETF Increases Dividend

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

Institutional Investors Weigh In On Columbia Diversified Fixed Income Allocation ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Sunbelt Securities Inc. acquired a new position in shares of Columbia Diversified Fixed Income Allocation ETF in the 3rd quarter valued at $26,000. Advisory Services Network LLC purchased a new position in Columbia Diversified Fixed Income Allocation ETF in the 3rd quarter worth about $144,000. Kestra Advisory Services LLC acquired a new stake in Columbia Diversified Fixed Income Allocation ETF during the 4th quarter worth about $152,000. Cornerstone Planning Group LLC acquired a new stake in Columbia Diversified Fixed Income Allocation ETF during the 4th quarter worth about $159,000. Finally, 5T Wealth LLC purchased a new stake in Columbia Diversified Fixed Income Allocation ETF during the fourth quarter valued at about $202,000. 2.16% of the stock is owned by institutional investors and hedge funds.

Columbia Diversified Fixed Income Allocation ETF Company Profile

(Get Free Report)

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.

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