Inspire Corporate Bond ETF $IBD Shares Purchased by IFP Advisors Inc

IFP Advisors Inc lifted its stake in Inspire Corporate Bond ETF (NYSEARCA:IBDFree Report) by 29,004.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 58,790 shares of the company’s stock after acquiring an additional 58,588 shares during the quarter. IFP Advisors Inc owned 0.36% of Inspire Corporate Bond ETF worth $1,412,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Vicus Capital lifted its holdings in shares of Inspire Corporate Bond ETF by 1.1% in the 1st quarter. Vicus Capital now owns 74,972 shares of the company’s stock worth $1,781,000 after acquiring an additional 792 shares during the last quarter. Nations Financial Group Inc. IA ADV acquired a new position in shares of Inspire Corporate Bond ETF in the 1st quarter worth approximately $202,000. RMG Wealth Management LLC acquired a new position in shares of Inspire Corporate Bond ETF in the 2nd quarter worth approximately $372,000. OLD Mission Capital LLC acquired a new position in shares of Inspire Corporate Bond ETF in the 1st quarter worth approximately $404,000. Finally, Bare Financial Services Inc lifted its holdings in shares of Inspire Corporate Bond ETF by 14.6% in the 1st quarter. Bare Financial Services Inc now owns 613,272 shares of the company’s stock worth $14,565,000 after acquiring an additional 78,308 shares during the last quarter.

Inspire Corporate Bond ETF Stock Performance

Shares of IBD stock opened at $24.15 on Monday. The firm’s 50 day moving average price is $24.15 and its 200-day moving average price is $23.90. Inspire Corporate Bond ETF has a one year low of $22.84 and a one year high of $24.85.

Inspire Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Friday, September 26th were issued a dividend of $0.0899 per share. This is a boost from Inspire Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Friday, September 26th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Inspire Corporate Bond ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Inspire Corporate Bond ETF (NYSEARCA:IBD)

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