Adalta Capital Management’s Quadratic Interest Rate Volatility and Inflation Hedge ETF IVOL Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2022 Q3	–	Sell	-6,500	Closed	-$165K	–	95
2022 Q2	$165K	Sell	6,500 -2,500	-28%	-$63.5K	0.11%	77
2022 Q1	$231K	Buy	+9,000	New	+$231K	0.12%	72