Bare Financial Services Inc Has $17.30 Million Stake in Inspire Corporate Bond ETF $IBD

Bare Financial Services Inc lifted its holdings in shares of Inspire Corporate Bond ETF (NYSEARCA:IBD) by 6.0% in the 4th quarter, HoldingsChannel reports. The fund owned 714,733 shares of the company’s stock after purchasing an additional 40,763 shares during the period. Inspire Corporate Bond ETF makes up approximately 4.8% of Bare Financial Services Inc’s investment portfolio, making the stock its 7th biggest holding. Bare Financial Services Inc’s holdings in Inspire Corporate Bond ETF were worth $17,297,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Creative Financial Designs Inc. ADV boosted its stake in Inspire Corporate Bond ETF by 5.3% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 987,188 shares of the company’s stock valued at $23,890,000 after acquiring an additional 49,299 shares during the last quarter. United Capital Financial Advisors LLC boosted its stake in Inspire Corporate Bond ETF by 21.3% in the third quarter. United Capital Financial Advisors LLC now owns 147,391 shares of the company’s stock valued at $3,559,000 after acquiring an additional 25,850 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in Inspire Corporate Bond ETF by 19.1% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 65,475 shares of the company’s stock valued at $1,585,000 after acquiring an additional 10,507 shares during the last quarter. Vicus Capital boosted its stake in Inspire Corporate Bond ETF by 4.4% in the fourth quarter. Vicus Capital now owns 83,349 shares of the company’s stock valued at $2,017,000 after acquiring an additional 3,491 shares during the last quarter. Finally, PVG Asset Management Corp boosted its stake in Inspire Corporate Bond ETF by 20.7% in the fourth quarter. PVG Asset Management Corp now owns 11,071 shares of the company’s stock valued at $268,000 after acquiring an additional 1,900 shares during the last quarter.

Inspire Corporate Bond ETF Trading Up 0.1%

IBD opened at $23.81 on Friday. Inspire Corporate Bond ETF has a twelve month low of $23.51 and a twelve month high of $24.85. The company’s 50-day moving average price is $23.88 and its two-hundred day moving average price is $24.06.

Inspire Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 24th were paid a $0.0779 dividend. The ex-dividend date was Tuesday, February 24th. This is a positive change from Inspire Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a yield of 3.9%.

Inspire Corporate Bond ETF Company Profile

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.