T
TIP
iShares TIPS Bond ETF
$104.82
Current Price
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About iShares TIPS Bond ETF
The iShares TIPS Bond ETF (TIP) holds a basket of US Treasury bonds that are specially designed to protect against inflation. "TIPS" stands for Treasury Inflation-Protected Securities: the US government adjusts the bond's principal (the base amount it will repay) upward whenever consumer prices rise, so investors don't lose purchasing power to inflation. TIP gives ordinary investors easy access to this entire category of bonds in a single fund managed by BlackRock.