Hobart Private Capital LLC Acquires Shares of 304,616 Columbia Diversified Fixed Income Allocation ETF $DIAL

Hobart Private Capital LLC acquired a new position in Columbia Diversified Fixed Income Allocation ETF (NYSEARCA:DIAL) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 304,616 shares of the company’s stock, valued at approximately $5,620,000. Columbia Diversified Fixed Income Allocation ETF makes up 1.2% of Hobart Private Capital LLC’s portfolio, making the stock its 28th biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Raymond James Financial Inc. boosted its position in Columbia Diversified Fixed Income Allocation ETF by 2.4% during the second quarter. Raymond James Financial Inc. now owns 45,758 shares of the company’s stock worth $833,000 after purchasing an additional 1,060 shares in the last quarter. Millington Financial Advisors LLC raised its position in shares of Columbia Diversified Fixed Income Allocation ETF by 15.2% during the 2nd quarter. Millington Financial Advisors LLC now owns 70,761 shares of the company’s stock worth $1,281,000 after purchasing an additional 9,361 shares during the last quarter. Cetera Investment Advisers lifted its stake in Columbia Diversified Fixed Income Allocation ETF by 3.5% in the 2nd quarter. Cetera Investment Advisers now owns 84,809 shares of the company’s stock valued at $1,544,000 after buying an additional 2,907 shares in the last quarter. Rehmann Capital Advisory Group grew its holdings in Columbia Diversified Fixed Income Allocation ETF by 1.2% during the 2nd quarter. Rehmann Capital Advisory Group now owns 108,387 shares of the company’s stock valued at $1,974,000 after buying an additional 1,255 shares during the last quarter. Finally, Morgan Dempsey Capital Management LLC increased its position in Columbia Diversified Fixed Income Allocation ETF by 13.9% during the second quarter. Morgan Dempsey Capital Management LLC now owns 6,888 shares of the company’s stock worth $125,000 after buying an additional 842 shares in the last quarter. 2.16% of the stock is currently owned by institutional investors and hedge funds.

Columbia Diversified Fixed Income Allocation ETF Stock Performance

Shares of NYSEARCA:DIAL opened at $18.35 on Monday. Columbia Diversified Fixed Income Allocation ETF has a 52-week low of $17.27 and a 52-week high of $18.60. The stock’s fifty day simple moving average is $18.41 and its 200-day simple moving average is $18.26.

Columbia Diversified Fixed Income Allocation ETF 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.