Interactive Financial Advisors Inc. Has $1.08 Million Holdings in iShares TIPS Bond ETF (NYSEARCA:TIP)

Interactive Financial Advisors Inc. lessened its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 11.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,118 shares of the exchange traded fund’s stock after selling 1,293 shares during the period. Interactive Financial Advisors Inc.’s holdings in iShares TIPS Bond ETF were worth $1,078,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pinnacle Associates Ltd. lifted its position in shares of iShares TIPS Bond ETF by 2.3% during the third quarter. Pinnacle Associates Ltd. now owns 9,506 shares of the exchange traded fund’s stock valued at $1,022,000 after purchasing an additional 217 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its holdings in iShares TIPS Bond ETF by 9.1% during the third quarter. Creative Financial Designs Inc. ADV now owns 3,433 shares of the exchange traded fund’s stock worth $379,000 after acquiring an additional 286 shares during the period. Chicago Partners Investment Group LLC boosted its position in iShares TIPS Bond ETF by 1.8% in the third quarter. Chicago Partners Investment Group LLC now owns 6,759 shares of the exchange traded fund’s stock worth $733,000 after purchasing an additional 117 shares during the last quarter. White Pine Investment CO grew its stake in iShares TIPS Bond ETF by 1.8% in the 3rd quarter. White Pine Investment CO now owns 74,266 shares of the exchange traded fund’s stock valued at $8,204,000 after purchasing an additional 1,284 shares during the period. Finally, Madden Advisory Services Inc. increased its position in shares of iShares TIPS Bond ETF by 16.7% during the 3rd quarter. Madden Advisory Services Inc. now owns 11,030 shares of the exchange traded fund’s stock valued at $1,219,000 after purchasing an additional 1,579 shares during the last quarter.

iShares TIPS Bond ETF Stock Performance

Shares of TIP stock opened at $110.34 on Monday. The firm has a market cap of $14.12 billion, a price-to-earnings ratio of 12.25 and a beta of 0.26. The firm’s 50-day simple moving average is $107.67 and its two-hundred day simple moving average is $108.46. iShares TIPS Bond ETF has a 52 week low of $104.67 and a 52 week high of $111.06.

About iShares TIPS Bond ETF

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).