Nations Financial Group Inc. IA ADV Has $1.33 Million Stock Position in Inspire Corporate Bond ETF $IBD

Nations Financial Group Inc. IA ADV grew its holdings in Inspire Corporate Bond ETF (NYSEARCA:IBD) by 499.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,968 shares of the company’s stock after purchasing an additional 45,794 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Inspire Corporate Bond ETF were worth $1,328,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV boosted its holdings in Inspire Corporate Bond ETF by 33.6% during the second quarter. Creative Financial Designs Inc. ADV now owns 899,262 shares of the company’s stock worth $21,591,000 after purchasing an additional 225,994 shares during the last quarter. IFP Advisors Inc lifted its position in Inspire Corporate Bond ETF by 29,004.0% during the 2nd quarter. IFP Advisors Inc now owns 58,790 shares of the company’s stock worth $1,412,000 after buying an additional 58,588 shares in the last quarter. Bare Financial Services Inc boosted its stake in shares of Inspire Corporate Bond ETF by 3.9% during the 2nd quarter. Bare Financial Services Inc now owns 637,196 shares of the company’s stock worth $15,299,000 after buying an additional 23,924 shares during the last quarter. RMG Wealth Management LLC acquired a new position in shares of Inspire Corporate Bond ETF during the 2nd quarter worth about $372,000. Finally, Hanson & Doremus Investment Management bought a new position in shares of Inspire Corporate Bond ETF in the 3rd quarter valued at about $156,000.

Inspire Corporate Bond ETF Stock Up 0.1%

NYSEARCA:IBD opened at $24.14 on Monday. Inspire Corporate Bond ETF has a 52-week low of $22.84 and a 52-week high of $24.85. The stock’s 50-day simple moving average is $24.16 and its 200 day simple moving average is $24.13.

Inspire Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 17th were paid a dividend of $0.121 per share. The ex-dividend date was Wednesday, December 17th. This represents a c) dividend on an annualized basis and a dividend yield of 6.0%. This is an increase from Inspire Corporate Bond ETF’s previous monthly dividend of $0.07.

Inspire Corporate Bond ETF 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.