Quadratic Interest Rate Volatility and Inflation Hedge ETF (NYSEARCA:IVOL) Shares Down 0.8% – Should You Sell?

Shares of Quadratic Interest Rate Volatility and Inflation Hedge ETF (NYSEARCA:IVOL) traded down 0.8% on Monday . The stock traded as low as $18.15 and last traded at $18.19. 396,694 shares traded hands during trading, an increase of 19% from the average session volume of 332,194 shares. The stock had previously closed at $18.34.

Quadratic Interest Rate Volatility and Inflation Hedge ETF Trading Up 1.0 %

The firm has a 50-day moving average of $17.93 and a 200-day moving average of $18.26.

Quadratic Interest Rate Volatility and Inflation Hedge ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 27th were issued a $0.0539 dividend. The ex-dividend date of this dividend was Thursday, February 27th.

Institutional Trading of Quadratic Interest Rate Volatility and Inflation Hedge ETF

A number of institutional investors have recently modified their holdings of IVOL. Private Trust Co. NA bought a new stake in Quadratic Interest Rate Volatility and Inflation Hedge ETF in the third quarter valued at $240,000. JPMorgan Chase & Co. lifted its position in shares of Quadratic Interest Rate Volatility and Inflation Hedge ETF by 846.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,712 shares of the company’s stock worth $264,000 after purchasing an additional 12,263 shares during the period. L.M. Kohn & Company purchased a new stake in shares of Quadratic Interest Rate Volatility and Inflation Hedge ETF in the 3rd quarter worth about $371,000. Finally, Cary Street Partners Financial LLC bought a new stake in shares of Quadratic Interest Rate Volatility and Inflation Hedge ETF during the 4th quarter valued at about $373,000.

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.