Trust Point Inc. Boosts Stock Holdings in Inspire Corporate Bond ETF (NYSEARCA:IBD)

Trust Point Inc. raised its position in shares of Inspire Corporate Bond ETF (NYSEARCA:IBD) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,358 shares of the company’s stock after acquiring an additional 2,057 shares during the quarter. Trust Point Inc.’s holdings in Inspire Corporate Bond ETF were worth $993,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. purchased a new position in Inspire Corporate Bond ETF in the 3rd quarter worth approximately $1,611,000. Vicus Capital increased its holdings in shares of Inspire Corporate Bond ETF by 12.3% in the third quarter. Vicus Capital now owns 69,130 shares of the company’s stock valued at $1,665,000 after purchasing an additional 7,577 shares during the last quarter. Strategic Blueprint LLC lifted its position in Inspire Corporate Bond ETF by 41.2% during the fourth quarter. Strategic Blueprint LLC now owns 15,166 shares of the company’s stock worth $355,000 after buying an additional 4,426 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in Inspire Corporate Bond ETF by 20.3% during the third quarter. Creative Financial Designs Inc. ADV now owns 667,785 shares of the company’s stock worth $16,080,000 after buying an additional 112,635 shares during the last quarter.

Inspire Corporate Bond ETF Stock Up 0.2 %

Shares of IBD opened at $23.59 on Wednesday. Inspire Corporate Bond ETF has a 52-week low of $22.99 and a 52-week high of $25.49. The stock has a fifty day simple moving average of $23.58 and a two-hundred day simple moving average of $23.77.

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.