Inspire 100 ETF (NYSEARCA:BIBL) Plans $0.10 Quarterly Dividend

Inspire 100 ETF (NYSEARCA:BIBL) announced a quarterly dividend on Tuesday, December 16th. Shareholders of record on Wednesday, December 17th will be given a dividend of 0.0961 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, December 17th.

Inspire 100 ETF Price Performance

Shares of BIBL traded down $0.23 during mid-day trading on Wednesday, reaching $44.90. The company had a trading volume of 1,869 shares, compared to its average volume of 51,980. Inspire 100 ETF has a twelve month low of $32.72 and a twelve month high of $46.39. The company’s 50-day moving average is $44.96 and its 200-day moving average is $43.27. The company has a market capitalization of $350.21 million, a P/E ratio of 25.68 and a beta of 1.11.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BIBL. RMG Wealth Management LLC bought a new position in shares of Inspire 100 ETF in the 2nd quarter worth $1,851,000. Community Financial Services Group LLC acquired a new position in Inspire 100 ETF in the second quarter valued at about $202,000. Vicus Capital lifted its stake in Inspire 100 ETF by 12.3% in the second quarter. Vicus Capital now owns 36,047 shares of the company’s stock valued at $1,490,000 after buying an additional 3,950 shares during the period. Sterling Investment Advisors Ltd. boosted its holdings in Inspire 100 ETF by 17.8% during the second quarter. Sterling Investment Advisors Ltd. now owns 17,200 shares of the company’s stock worth $711,000 after buying an additional 2,600 shares during the last quarter. Finally, Fiduciary Alliance LLC grew its position in shares of Inspire 100 ETF by 1.9% during the 2nd quarter. Fiduciary Alliance LLC now owns 67,417 shares of the company’s stock worth $2,786,000 after buying an additional 1,287 shares during the period.

Inspire 100 ETF Company Profile

The Inspire 100 ESG ETF (BIBL) is an exchange-traded fund that is based on the Inspire 100 index, a market-cap-weighted index of large-cap US stocks, selected based on a proprietary definition of biblical values. BIBL was launched on Oct 30, 2017 and is managed by Inspire.