Transcendent Capital Group LLC Grows Holdings in Inspire Corporate Bond ETF (NYSEARCA:IBD)

Transcendent Capital Group LLC increased its stake in Inspire Corporate Bond ETF (NYSEARCA:IBD) by 423.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,638 shares of the company’s stock after acquiring an additional 1,325 shares during the quarter. Transcendent Capital Group LLC’s holdings in Inspire Corporate Bond ETF were worth $38,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Trust Point Inc. raised its stake 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 valued at $993,000 after buying an additional 2,057 shares in the last quarter. Strategic Blueprint LLC increased its holdings in shares of Inspire Corporate Bond ETF by 41.2% in the 4th quarter. Strategic Blueprint LLC now owns 15,166 shares of the company’s stock valued at $355,000 after acquiring an additional 4,426 shares during the last quarter. Vicus Capital raised its position in shares of Inspire Corporate Bond ETF by 7.3% during the 4th quarter. Vicus Capital now owns 74,180 shares of the company’s stock valued at $1,739,000 after acquiring an additional 5,050 shares in the last quarter. JPMorgan Chase & Co. bought a new position in Inspire Corporate Bond ETF during the third quarter worth $1,611,000. Finally, Creative Financial Designs Inc. ADV boosted its holdings in Inspire Corporate Bond ETF by 20.3% in 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 Trading Up 0.3 %

IBD stock opened at $23.73 on Wednesday. Inspire Corporate Bond ETF has a 1-year low of $22.99 and a 1-year high of $25.49. The firm has a fifty day moving average price of $23.53 and a two-hundred day moving average price of $23.76.

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.