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

Siligmueller & Norvid Wealth Advisors LLC acquired a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 15,226 shares of the exchange traded fund’s stock, valued at approximately $1,695,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of TIP. Root Financial Partners LLC bought a new stake in shares of iShares TIPS Bond ETF during the third quarter valued at approximately $33,000. Abound Wealth Management bought a new stake in iShares TIPS Bond ETF during the 3rd quarter valued at $41,000. Financial Gravity Companies Inc. acquired a new position in iShares TIPS Bond ETF during the 2nd quarter worth $43,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of iShares TIPS Bond ETF in the second quarter worth $47,000. Finally, Johnson Financial Group Inc. acquired a new position in shares of iShares TIPS Bond ETF during the second quarter valued at $52,000. Institutional investors own 63.62% of the company’s stock.

iShares TIPS Bond ETF Trading Down 0.1%

Shares of NYSEARCA:TIP opened at $111.19 on Friday. The firm has a market cap of $13.93 billion, a P/E ratio of 12.40 and a beta of 0.26. The company has a 50 day moving average of $110.37 and a 200-day moving average of $110.82. iShares TIPS Bond ETF has a twelve month low of $106.47 and a twelve month high of $112.26.

iShares TIPS Bond ETF 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.