Belvedere Trading’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
2023 Q1	–	Sell	-22,400	Closed	-$506K	–	438
2022 Q4	$506K	Buy	+22,400	New	+$506K	﹤0.01%	35
2021 Q2	–	Sell	-18,215	Closed	-$521K	–	200
2021 Q1	$521K	Buy	+18,215	New	+$521K	0.04%	50