Quadratic Deflation ETF (NYSEARCA:BNDD) Announces Monthly Dividend of $0.29

Quadratic Deflation ETF (NYSEARCA:BNDD) announced a monthly dividend on Monday, September 28th. Shareholders of record on Tuesday, September 29th will be given a dividend of $0.2886 per share on Wednesday, September 30th. This represents a $3.46 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 0.5% decrease from Quadratic Deflation ETF’s previous monthly dividend of $0.2902.

Quadratic Deflation ETF Trading Down 0.4%

BNDD stock opened at $96.15 on Tuesday. The firm has a 50-day moving average of $96.59 and a two-hundred day moving average of $97.89. Quadratic Deflation ETF has a 12 month low of $94.52 and a 12 month high of $102.28.

Institutional Investors Weigh In On Quadratic Deflation ETF

An institutional investor recently bought a new stake in Quadratic Deflation ETF stock. Worth Asset Management LLC bought a new stake in Quadratic Deflation ETF (NYSEARCA:BNDD) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 2,319 shares of the company’s stock, valued at approximately $235,000. Worth Asset Management LLC owned about 0.40% of Quadratic Deflation ETF at the end of the most recent reporting period.

About Quadratic Deflation ETF

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.