Centric Wealth Management Takes Position in Quadratic Deflation ETF (NYSEARCA:BNDD)

Centric Wealth Management bought a new stake in Quadratic Deflation ETF (NYSEARCA:BNDD) during the fourth quarter, HoldingsChannel reports. The firm bought 52,778 shares of the company’s stock, valued at approximately $772,000.

Several other institutional investors and hedge funds have also bought and sold shares of BNDD. Geneos Wealth Management Inc. bought a new stake in Quadratic Deflation ETF in the 4th quarter valued at $52,000. Private Trust Co. NA bought a new stake in Quadratic Deflation ETF in the 4th quarter valued at $240,000. Koshinski Asset Management Inc. boosted its stake in Quadratic Deflation ETF by 39.5% in the 4th quarter. Koshinski Asset Management Inc. now owns 19,218 shares of the company’s stock valued at $288,000 after purchasing an additional 5,443 shares during the period. Brookstone Capital Management bought a new stake in Quadratic Deflation ETF in the 4th quarter valued at $317,000. Finally, Kestra Private Wealth Services LLC boosted its stake in Quadratic Deflation ETF by 10.6% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 96,936 shares of the company’s stock valued at $1,379,000 after purchasing an additional 9,275 shares during the period.

Quadratic Deflation ETF Stock Performance

BNDD traded down $0.03 during trading on Wednesday, hitting $14.71. The stock had a trading volume of 5,157 shares, compared to its average volume of 79,125. The company has a 50 day moving average price of $14.79 and a 200-day moving average price of $14.61. Quadratic Deflation ETF has a one year low of $13.47 and a one year high of $16.38.

Quadratic Deflation ETF Company Profile

The Quadratic Deflation ETF (BNDD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US Treasuries and options strategies tied to the shape of the US interest rate swap curve. BNDD was launched on Sep 21, 2021 and is managed by KraneShares.