Inspire Corporate Bond ETF (NYSEARCA:IBD) Declares Dividend Increase – $0.09 Per Share

Inspire Corporate Bond ETF (NYSEARCA:IBD) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 27th will be given a dividend of 0.092 per share on Tuesday, April 1st. The ex-dividend date is Thursday, March 27th. This is a 4.1% increase from Inspire Corporate Bond ETF’s previous dividend of $0.09.

Inspire Corporate Bond ETF Price Performance

NYSEARCA IBD traded down $0.10 during trading hours on Thursday, hitting $23.65. 44,128 shares of the company were exchanged, compared to its average volume of 97,252. The company has a 50 day moving average of $23.66 and a two-hundred day moving average of $23.73. Inspire Corporate Bond ETF has a 52-week low of $22.84 and a 52-week high of $25.49.

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.