5 Best Bond ETFs to Buy Now

2. iShares TIPS Bond ETF (NYSE:TIP)

The iShares TIPS Bond ETF (NYSE:TIP) seeks to tracked the investment results of the Bloomberg U.S. Treasury Inflation Protected Securities (TIPS) Index. The ETF aims to protect investors against intermediate-term inflation, as the value of TIPS rises with inflation. The iShares TIPS Bond ETF (NYSE:TIP) was established in December 2003, and as of July 11, the fund has total net assets of about $31 billion. The 30-day SEC yield stands at 9.42% and the fund distributes dividends on a monthly basis. The portfolio consists of 49 holdings. The iShares TIPS Bond ETF (NYSE:TIP) charges an expense ratio of 0.19% and 99.16% of its portfolio is dominated by AAA-rated United States Treasury bonds. The latest dividend of $0.56 was paid to shareholders on July 8.