Capasso Planning Partners LLC Buys New Position in iShares TIPS Bond ETF (NYSEARCA:TIP)

Capasso Planning Partners LLC purchased a new stake in iShares TIPS Bond ETF (NYSEARCA:TIP) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,144 shares of the exchange traded fund’s stock, valued at approximately $347,000.

A number of other hedge funds have also recently bought and sold shares of the company. FMR LLC lifted its position in shares of iShares TIPS Bond ETF by 106.7% during the 3rd quarter. FMR LLC now owns 6,990,445 shares of the exchange traded fund’s stock worth $772,234,000 after buying an additional 3,608,542 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares TIPS Bond ETF by 12.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,639,084 shares of the exchange traded fund’s stock worth $388,581,000 after buying an additional 410,284 shares during the last quarter. Sumitomo Life Insurance Co. purchased a new position in shares of iShares TIPS Bond ETF in the 3rd quarter worth about $102,200,000. Marshall Wace LLP increased its holdings in iShares TIPS Bond ETF by 3.1% during the second quarter. Marshall Wace LLP now owns 561,570 shares of the exchange traded fund’s stock worth $59,964,000 after buying an additional 16,839 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in iShares TIPS Bond ETF by 30.2% in the second quarter. Bank of New York Mellon Corp now owns 464,032 shares of the exchange traded fund’s stock worth $49,549,000 after acquiring an additional 107,653 shares during the period.

iShares TIPS Bond ETF Stock Down 0.3 %

iShares TIPS Bond ETF stock opened at $108.08 on Friday. The company has a market capitalization of $18.75 billion, a P/E ratio of 11.86 and a beta of 0.09. The firm has a 50 day moving average price of $108.47 and a 200-day moving average price of $108.27. iShares TIPS Bond ETF has a twelve month low of $104.67 and a twelve month high of $111.06.

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).