Bare Financial Services Inc Makes New Investment in Inspire Corporate Bond ETF (NYSEARCA:IBD)

Bare Financial Services Inc purchased a new position in shares of Inspire Corporate Bond ETF (NYSEARCA:IBD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 122,493 shares of the company’s stock, valued at approximately $2,890,000. Inspire Corporate Bond ETF accounts for about 5.8% of Bare Financial Services Inc’s investment portfolio, making the stock its 8th largest holding. Bare Financial Services Inc owned about 1.10% of Inspire Corporate Bond ETF as of its most recent SEC filing.

Separately, Trust Point Inc. purchased a new stake in Inspire Corporate Bond ETF during the fourth quarter worth about $1,300,000.

Inspire Corporate Bond ETF Stock Up 0.6 %

NYSEARCA:IBD traded up $0.15 on Thursday, reaching $23.23. 19,418 shares of the company’s stock were exchanged, compared to its average volume of 60,388. The business has a fifty day moving average of $23.32 and a 200-day moving average of $23.23. Inspire Corporate Bond ETF has a 52-week low of $21.95 and a 52-week high of $24.62.

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.