SPIP - Treasury Inflation Protection ETFs hit 52-week highs

designer491/iStock via Getty Images With investors warry about rising inflation levels, it’s no surprise that Treasury inflation protection exchange traded funds are at 52-week highs. The annual inflation rate in the United States once again picked up steam in June of 2021 to 5.4%, up from the previous month of May, which came in at 5%. We are now at levels that have not been seen since August of 2008. Moreover, see a complete breakdown of four different inflation protection ETFs that have hit a 52-week high. Schwab U.S. TIPS ETF (SCHP) SCHP is +4.53% over a 52-week period and +1.66% YTD. SCHP seeks to track the performance of the Bloomberg Barclays U.S. Treasury Inflation-Linked Bond Index and primarily invests in U.S. dollar-denominated fixed-rate non-convertible, investment-grade treasury inflation-protected securities. SCHP’s daily price action is -0.01%. iShares TIPS Bond ETF (TIP) TIP is +4.13% over a 52-week period and +1.06% YTD. TIP looks to track the investment results of

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Treasury Inflation Protection ETFs hit 52-week highs