Quadratic Deflation ETF (NYSEARCA:BNDD) Announces Dividend of $0.05

Quadratic Deflation ETF (NYSEARCA:BNDD – Get Rating) announced a dividend on Thursday, May 25th, NASDAQ reports. Shareholders of record on Tuesday, May 30th will be paid a dividend of 0.0461 per share on Wednesday, May 31st. The ex-dividend date of this dividend is Friday, May 26th.

Quadratic Deflation ETF Price Performance

Shares of BNDD stock traded up $0.05 during mid-day trading on Friday, reaching $15.49. The stock had a trading volume of 57,431 shares, compared to its average volume of 177,441. The firm’s 50 day simple moving average is $15.67 and its 200 day simple moving average is $16.97. Quadratic Deflation ETF has a one year low of $14.91 and a one year high of $23.33.

Institutional Trading of Quadratic Deflation ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BNDD. Jane Street Group LLC bought a new stake in shares of Quadratic Deflation ETF in the 1st quarter valued at approximately $2,941,000. Centaurus Financial Inc. grew its position in Quadratic Deflation ETF by 2.0% in the first quarter. Centaurus Financial Inc. now owns 74,241 shares of the company’s stock valued at $1,902,000 after acquiring an additional 1,476 shares during the period. OLD Mission Capital LLC bought a new stake in Quadratic Deflation ETF in the first quarter valued at $573,000. Cetera Investment Advisers bought a new stake in Quadratic Deflation ETF in the first quarter valued at $551,000. Finally, Orion Portfolio Solutions LLC grew its position in Quadratic Deflation ETF by 152.4% in the first quarter. Orion Portfolio Solutions LLC now owns 21,232 shares of the company’s stock valued at $544,000 after acquiring an additional 12,821 shares during the period.

About Quadratic Deflation ETF

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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.