Inspire Global Hope ETF (NYSEARCA:BLES) Declares Dividend Increase – $0.22 Per Share

Inspire Global Hope ETF (NYSEARCA:BLES) declared a quarterly dividend on Tuesday, December 16th. Stockholders of record on Wednesday, December 17th will be given a dividend of 0.2194 per share on Wednesday, December 24th. This represents a c) annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, December 17th. This is a 36.4% increase from Inspire Global Hope ETF’s previous quarterly dividend of $0.16.

Inspire Global Hope ETF Stock Down 1.0%

Shares of NYSEARCA:BLES opened at $43.00 on Wednesday. The company’s 50-day moving average price is $42.72 and its 200 day moving average price is $41.87. The company has a market cap of $126.85 million, a PE ratio of 18.40 and a beta of 0.98. Inspire Global Hope ETF has a fifty-two week low of $33.30 and a fifty-two week high of $43.81.

Hedge Funds Weigh In On Inspire Global Hope ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vicus Capital increased its holdings in shares of Inspire Global Hope ETF by 8.3% during the second quarter. Vicus Capital now owns 14,051 shares of the company’s stock valued at $571,000 after purchasing an additional 1,078 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Inspire Global Hope ETF by 15.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,810 shares of the company’s stock worth $841,000 after acquiring an additional 2,673 shares during the period. Flow Traders U.S. LLC bought a new position in shares of Inspire Global Hope ETF in the third quarter valued at approximately $823,000. Finally, Nations Financial Group Inc. IA ADV acquired a new position in shares of Inspire Global Hope ETF during the third quarter valued at approximately $1,318,000.

Inspire Global Hope ETF Company Profile

The Inspire Global Hope ESG ETF (BLES) is an exchange-traded fund that mostly invests in large cap equity. The fund follows an equal-weighted index of 400 large-cap stocks selected for their alignment with the Issuer’s biblical values. BLES was launched on Feb 28, 2017 and is managed by Inspire.