15,226 Shares in iShares TIPS Bond ETF $TIP Acquired by Siligmueller & Norvid Wealth Advisors LLC

Siligmueller & Norvid Wealth Advisors LLC purchased a new stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,226 shares of the exchange traded fund’s stock, valued at approximately $1,695,000.

A number of other hedge funds have also made changes to their positions in TIP. Root Financial Partners LLC acquired a new stake in shares of iShares TIPS Bond ETF during the 3rd quarter valued at about $33,000. Abound Wealth Management bought a new stake in iShares TIPS Bond ETF in the third quarter worth approximately $41,000. Financial Gravity Companies Inc. acquired a new stake in shares of iShares TIPS Bond ETF in the 2nd quarter valued at $43,000. Barnes Dennig Private Wealth Management LLC bought a new stake in iShares TIPS Bond ETF in the second quarter worth $47,000. Finally, Johnson Financial Group Inc. acquired a new position in iShares TIPS Bond ETF during the second quarter worth $52,000. 63.62% of the stock is owned by hedge funds and other institutional investors.

iShares TIPS Bond ETF Price Performance

Shares of NYSEARCA:TIP opened at $111.19 on Friday. The stock has a market capitalization of $13.93 billion, a P/E ratio of 12.40 and a beta of 0.26. The business has a 50-day moving average of $110.37 and a two-hundred day moving average of $110.82. iShares TIPS Bond ETF has a fifty-two week low of $106.47 and a fifty-two week high of $112.26.

iShares TIPS Bond ETF Company Profile

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index). The Index measures the performance of the inflation-protected public obligations of the United States Treasury, commonly known as TIPS. The Underlying Index includes all publicly-issued the United States Treasury inflation-protected securities that have at least one year remaining to maturity, are rated investment-grade and have $250 million or more of face value.