Inspire Corporate Bond ETF $IBD is Bare Financial Services Inc’s 8th Largest Position

Bare Financial Services Inc lifted its holdings in shares of Inspire Corporate Bond ETF (NYSEARCA:IBD) by 3.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 637,196 shares of the company’s stock after acquiring an additional 23,924 shares during the period. Inspire Corporate Bond ETF makes up approximately 5.2% of Bare Financial Services Inc’s investment portfolio, making the stock its 8th largest holding. Bare Financial Services Inc owned 3.84% of Inspire Corporate Bond ETF worth $15,299,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IBD. Nations Financial Group Inc. IA ADV acquired a new stake in Inspire Corporate Bond ETF in the 1st quarter worth approximately $202,000. RMG Wealth Management LLC purchased a new position in shares of Inspire Corporate Bond ETF in the second quarter worth $372,000. OLD Mission Capital LLC acquired a new stake in shares of Inspire Corporate Bond ETF during the first quarter worth $404,000. IFP Advisors Inc lifted its stake in shares of Inspire Corporate Bond ETF by 29,004.0% during the second quarter. IFP Advisors Inc now owns 58,790 shares of the company’s stock worth $1,412,000 after buying an additional 58,588 shares during the period. Finally, Vicus Capital grew its holdings in shares of Inspire Corporate Bond ETF by 4.0% during the second quarter. Vicus Capital now owns 78,007 shares of the company’s stock valued at $1,873,000 after buying an additional 3,035 shares during the last quarter.

Inspire Corporate Bond ETF Price Performance

NYSEARCA IBD opened at $24.31 on Monday. The stock’s fifty day moving average price is $24.20 and its 200 day moving average price is $24.04. Inspire Corporate Bond ETF has a 1 year low of $22.84 and a 1 year high of $24.85.

Inspire Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Friday, November 21st were issued a $0.0729 dividend. The ex-dividend date of this dividend was Friday, November 21st. This represents a c) dividend on an annualized basis and a dividend yield of 3.6%.

About Inspire Corporate Bond ETF

The Inspire Corporate Bond Impact ESG ETF (IBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an equally weighted index of bonds issued by S&P 500-component companies that meet biblically responsible investing standards according to the Issuer. IBD was launched on Jul 10, 2017 and is managed by Inspire.