Pine Valley Investments Ltd Liability Co Lowers Stake in Columbia Diversified Fixed Income Allocation ETF $DIAL

Pine Valley Investments Ltd Liability Co cut its holdings in shares of Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) by 43.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 822,937 shares of the company’s stock after selling 624,492 shares during the period. Pine Valley Investments Ltd Liability Co owned approximately 3.55% of Columbia Diversified Fixed Income Allocation ETF worth $14,879,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Ameriprise Financial Inc. raised its holdings in Columbia Diversified Fixed Income Allocation ETF by 13.8% in the 3rd 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. LPL Financial LLC grew its holdings in Columbia Diversified Fixed Income Allocation ETF by 75.6% in the fourth quarter. LPL Financial LLC now owns 2,183,465 shares of the company’s stock valued at $40,077,000 after purchasing an additional 939,843 shares during the period. Bank of America Corp DE grew its holdings in Columbia Diversified Fixed Income Allocation ETF by 33.6% in the first 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 during the period. Goldman Sachs Group Inc. purchased a new stake in shares of Columbia Diversified Fixed Income Allocation ETF in the fourth quarter valued at approximately $13,765,000. Finally, UBS Group AG increased its position in shares of Columbia Diversified Fixed Income Allocation ETF by 0.8% in the third quarter. UBS Group AG now owns 608,235 shares of the company’s stock valued at $11,222,000 after buying an additional 4,569 shares in the last quarter. Hedge funds and other institutional investors own 2.16% of the company’s stock.

Columbia Diversified Fixed Income Allocation ETF Price Performance

Shares of DIAL stock opened at $17.91 on Monday. Columbia Diversified Fixed Income Allocation ETF has a 1-year low of $17.85 and a 1-year high of $18.62. The stock has a 50 day simple moving average of $18.08 and a 200-day simple moving average of $18.22.

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.