Inspire Advisors LLC established a new position in Western Digital Corporation (WDC). The firm purchased 37,062 shares, valued at approximately $4.45 million.

WDC now ranks as the 28th largest holding in Inspire Advisors' portfolio. The position accounts for about 0.4% of the firm's total investments.

Institutional investors currently hold about 92.51% of WDC stock.

Western Digital reported its last earnings on October 30th. The company surpassed consensus estimates for earnings per share and revenue. WDC also recently increased its quarterly dividend.