SPDR Bloomberg Barclays TIPS ETF (NYSEARCA:IPE) Hits New 1-Year High at $56.85

SPDR Bloomberg Barclays TIPS ETF (NYSEARCA:IPE) hit a new 52-week high on Monday . The stock traded as high as $56.85 and last traded at $56.82, with a volume of 66772 shares changing hands. The stock had previously closed at $56.60.

The firm’s fifty day moving average price is $56.40.

Several hedge funds and other institutional investors have recently made changes to their positions in IPE. Merriman Wealth Management LLC bought a new position in shares of SPDR Bloomberg Barclays TIPS ETF in the 1st quarter valued at about $7,796,000. Envestnet Asset Management Inc. grew its holdings in shares of SPDR Bloomberg Barclays TIPS ETF by 66.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 213,446 shares of the company’s stock valued at $12,079,000 after acquiring an additional 85,270 shares in the last quarter. Willow Creek Wealth Management Inc. grew its holdings in shares of SPDR Bloomberg Barclays TIPS ETF by 13.9% in the 2nd quarter. Willow Creek Wealth Management Inc. now owns 210,271 shares of the company’s stock valued at $11,899,000 after acquiring an additional 25,725 shares in the last quarter. Deutsche Bank AG bought a new position in shares of SPDR Bloomberg Barclays TIPS ETF in the 4th quarter valued at about $1,094,000. Finally, Pure Financial Advisors Inc. grew its holdings in shares of SPDR Bloomberg Barclays TIPS ETF by 2.0% in the 2nd quarter. Pure Financial Advisors Inc. now owns 864,164 shares of the company’s stock valued at $48,903,000 after acquiring an additional 17,149 shares in the last quarter.

About SPDR Bloomberg Barclays TIPS ETF (NYSEARCA:IPE)

SPDR Series Trust, formerly SPDR Barclays Tips ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance the Barclays United States Government Inflation-linked Bond Index (the Index). The Barclays United States Government Inflation-linked Bond Index includes publicly issued, United States Treasury inflation protected securities that have at least 1 year remaining to maturity on index rebalancing date, with an issue size equal to or in excess of $500 million.

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