Quadratic Interest Rate Volatility and Inflation Hedge ETF to Issue Monthly Dividend of $0.06 (NYSEARCA:IVOL)

Quadratic Interest Rate Volatility and Inflation Hedge ETF (NYSEARCA:IVOL) announced a monthly dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be given a dividend of 0.0577 per share on Wednesday, December 31st. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Tuesday, December 30th.

Quadratic Interest Rate Volatility and Inflation Hedge ETF Stock Performance

IVOL traded down $0.07 during trading on Tuesday, hitting $19.15. 311,518 shares of the company’s stock were exchanged, compared to its average volume of 409,643. Quadratic Interest Rate Volatility and Inflation Hedge ETF has a fifty-two week low of $17.57 and a fifty-two week high of $20.25. The business’s 50 day moving average is $19.27 and its two-hundred day moving average is $19.44.

Institutional Trading of Quadratic Interest Rate Volatility and Inflation Hedge ETF

A number of large investors have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC purchased a new position in shares of Quadratic Interest Rate Volatility and Inflation Hedge ETF during the 3rd quarter valued at $1,022,000. Parkside Investments LLC bought a new stake in Quadratic Interest Rate Volatility and Inflation Hedge ETF in the 3rd quarter valued at about $7,311,000. Finally, Copia Wealth Management raised its stake in Quadratic Interest Rate Volatility and Inflation Hedge ETF by 360.1% in the 3rd quarter. Copia Wealth Management now owns 4,753 shares of the company’s stock valued at $92,000 after acquiring an additional 3,720 shares during the period.

About Quadratic Interest Rate Volatility and Inflation Hedge ETF

The Quadratic Interest Rate Volatility and Inflation Hedge ETF New (IVOL) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of TIPS and long options tied to the U.S. interest rate swap curve. IVOL was launched on May 13, 2019 and is managed by Quadratic.