ETF Spotlight on iShares Barclays TIPS Bond Fund ETF (NYSEArca: TIP), part of an ongoing series.
Assets: $22.2 billion.
Obejctive: The iShares Barclays Trasury Inflation Protected Securities Bond fund tries to reflect the performance of inflation-protected U.S. Treasuries on the Barclays Capital U.S. Treasury Inflation Protected Securities Index.
Holdings: High quality TIPS bonds with credit ratings of Aaa/AA+ with an average maturity date of 9.21 years and an average coupon of 1.82%.