Barclays Global Investors has filed a prospectus with the SEC to add iShares Lehman U.S. Aggregate Bond Fund to its fixed income ETF product offerings.
iShares, which currently offers three Treasury ETFs based on Lehman Brothers indices as well as U.S. corporate bond ETS, are index funds that are bought and sold like common stocks on securities exchanges. This fund is designed to track Lehman Brothers U.S. Aggregate Index, which represents securities of the U.S. investment grade bond market.