Inspire Corporate Bond ETF (NYSEARCA:IBD) Trading 0.1% Higher – Here’s What Happened

Inspire Corporate Bond ETF (NYSEARCA:IBD)’s share price rose 0.1% during trading on Tuesday . The stock traded as high as $23.67 and last traded at $23.66. Approximately 184,438 shares changed hands during mid-day trading, an increase of 86% from the average daily volume of 99,024 shares. The stock had previously closed at $23.64.

Inspire Corporate Bond ETF Stock Down 0.2%

The business’s 50 day moving average is $23.71 and its two-hundred day moving average is $23.87.

Hedge Funds Weigh In On Inspire Corporate Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cornerstone Financial Management LLC purchased a new position in shares of Inspire Corporate Bond ETF during the 4th quarter worth approximately $1,404,000. Bare Financial Services Inc grew its position in shares of Inspire Corporate Bond ETF by 6.0% in the 4th quarter. Bare Financial Services Inc now owns 714,733 shares of the company’s stock worth $17,297,000 after buying an additional 40,763 shares during the period. Creative Financial Designs Inc. ADV increased its stake in shares of Inspire Corporate Bond ETF by 5.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 987,188 shares of the company’s stock worth $23,890,000 after acquiring an additional 49,299 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Inspire Corporate Bond ETF by 53.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 19,126 shares of the company’s stock worth $463,000 after acquiring an additional 6,643 shares in the last quarter. Finally, PVG Asset Management Corp lifted its position in Inspire Corporate Bond ETF by 20.7% during the 4th 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 period.

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.