Bank of New York Mellon Corp Has $404,000 Stake in Quadratic Interest Rate Volatility and Inflation Hedge ETF (NYSEARCA:IVOL)

Bank of New York Mellon Corp reduced its holdings in Quadratic Interest Rate Volatility and Inflation Hedge ETF (NYSEARCA:IVOL) by 10.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 22,797 shares of the company’s stock after selling 2,539 shares during the quarter. Bank of New York Mellon Corp’s holdings in Quadratic Interest Rate Volatility and Inflation Hedge ETF were worth $404,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IVOL. Private Trust Co. NA acquired a new stake in Quadratic Interest Rate Volatility and Inflation Hedge ETF in the 3rd quarter valued at about $240,000. L.M. Kohn & Company acquired a new stake in shares of Quadratic Interest Rate Volatility and Inflation Hedge ETF in the third quarter valued at approximately $371,000. Finally, JPMorgan Chase & Co. boosted its stake in shares of Quadratic Interest Rate Volatility and Inflation Hedge ETF by 846.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 13,712 shares of the company’s stock worth $264,000 after acquiring an additional 12,263 shares during the period.

Quadratic Interest Rate Volatility and Inflation Hedge ETF Stock Up 0.3 %

Shares of Quadratic Interest Rate Volatility and Inflation Hedge ETF stock opened at $18.70 on Friday. The business has a fifty day simple moving average of $18.04 and a two-hundred day simple moving average of $18.23. Quadratic Interest Rate Volatility and Inflation Hedge ETF has a 1 year low of $17.38 and a 1 year high of $19.70.

Quadratic Interest Rate Volatility and Inflation Hedge ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 28th will be given a dividend of $0.0539 per share. The ex-dividend date is Friday, March 28th.

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.