Transcendent Capital Group LLC Increases Position in Inspire Corporate Bond ETF (NYSEARCA:IBD)

Transcendent Capital Group LLC boosted its position in Inspire Corporate Bond ETF (NYSEARCA:IBD) by 423.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,638 shares of the company’s stock after acquiring an additional 1,325 shares during the period. Transcendent Capital Group LLC’s holdings in Inspire Corporate Bond ETF were worth $38,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IBD. JPMorgan Chase & Co. acquired a new position in shares of Inspire Corporate Bond ETF during the 3rd quarter valued at about $1,611,000. Strategic Blueprint LLC grew its holdings in Inspire Corporate Bond ETF by 41.2% in the fourth quarter. Strategic Blueprint LLC now owns 15,166 shares of the company’s stock valued at $355,000 after purchasing an additional 4,426 shares during the period. Vicus Capital grew its holdings in Inspire Corporate Bond ETF by 7.3% in the fourth 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. Trust Point Inc. increased its position 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 purchasing an additional 2,057 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV raised 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 purchasing an additional 112,635 shares during the period.

Inspire Corporate Bond ETF Price Performance

Shares of NYSEARCA IBD opened at $23.73 on Wednesday. The firm has a fifty day moving average of $23.53 and a 200-day moving average of $23.76. Inspire Corporate Bond ETF has a 52-week low of $22.99 and a 52-week high of $25.49.

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.