Inspire Corporate Bond ETF (NYSEARCA:IBD) Shares Bought by Bare Financial Services Inc

Bare Financial Services Inc boosted its position in Inspire Corporate Bond ETF (NYSEARCA:IBD) by 8.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 534,964 shares of the company’s stock after acquiring an additional 42,795 shares during the period. Inspire Corporate Bond ETF accounts for 5.0% of Bare Financial Services Inc’s portfolio, making the stock its 8th largest position. Bare Financial Services Inc owned 4.21% of Inspire Corporate Bond ETF worth $12,540,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of IBD. Vicus Capital lifted its stake in shares of Inspire Corporate Bond ETF by 7.3% in the 4th quarter. Vicus Capital now owns 74,180 shares of the company’s stock valued at $1,739,000 after purchasing an additional 5,050 shares during the period. JPMorgan Chase & Co. acquired a new position in Inspire Corporate Bond ETF in the third quarter valued at about $1,611,000. Trust Point Inc. boosted its holdings in Inspire Corporate Bond ETF by 5.1% during the fourth quarter. Trust Point Inc. now owns 42,358 shares of the company’s stock worth $993,000 after buying an additional 2,057 shares during the last quarter. Strategic Blueprint LLC grew its position in shares of Inspire Corporate Bond ETF by 41.2% during the 4th quarter. Strategic Blueprint LLC now owns 15,166 shares of the company’s stock worth $355,000 after buying an additional 4,426 shares during the period. Finally, Transcendent Capital Group LLC increased its stake in shares of Inspire Corporate Bond ETF by 423.3% in the 4th quarter. Transcendent Capital Group LLC now owns 1,638 shares of the company’s stock valued at $38,000 after acquiring an additional 1,325 shares during the last quarter.

Inspire Corporate Bond ETF Price Performance

Shares of NYSEARCA IBD opened at $23.64 on Wednesday. Inspire Corporate Bond ETF has a twelve month low of $22.84 and a twelve month high of $25.49. The company’s fifty day moving average is $23.59 and its 200-day moving average is $23.75.

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.