IShares

BlackRock® Canada Announces March Cash Distributions for the iShares® ETFs

Retrieved on: 
Thursday, March 16, 2023

(1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XCBU.U, XDG.U, XDU.U, XFS.U, XMU.U, XSHU.U, XSTP.U, XTLT.U, XUU.U

Key Points: 
  • (1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XCBU.U, XDG.U, XDU.U, XFS.U, XMU.U, XSHU.U, XSTP.U, XTLT.U, XUU.U
    Estimated March Cash Distributions for iShares U.S. High Yield Fixed Income Index ETF (CAD-Hedged) and iShares Short Term High Quality Canadian Bond Index ETF
    The March cash distributions per unit for iShares U.S. High Yield Fixed Income Index ETF (CAD-Hedged) and iShares Short Term High Quality Canadian Bond Index ETF are estimated to be as follows:
    BlackRock Canada expects to issue a press release on or about March 21, 2023, which will provide the final amounts for the iShares U.S. High Yield Fixed Income Index ETF (CAD-Hedged) and iShares Short Term High Quality Canadian Bond Index ETF.
  • The March cash distributions per unit for the iShares Premium Money Market ETF are estimated to be as follows:
    BlackRock Canada expects to issue a press release on or about March 22, 2023, which will provide the final amounts for the iShares Premium Money Market ETF.

iShared Transportation Adds former XPO'er and AFC Exec as New Chief Sales Officer

Retrieved on: 
Friday, March 10, 2023

TAMPA, Fla., March 10, 2023 /PRNewswire/ -- iShared Transportation ("iShared"), a Patriot Capital portfolio company, is pleased to welcome Kyle Ingraham as the new Chief Sales Officer.

Key Points: 
  • TAMPA, Fla., March 10, 2023 /PRNewswire/ -- iShared Transportation ("iShared"), a Patriot Capital portfolio company, is pleased to welcome Kyle Ingraham as the new Chief Sales Officer.
  • Ingraham joins iShared with nearly a decade of leadership experience across sales and operations in the freight transportation industry.
  • In this role, Ingraham will have direct leadership over all sales and marketing functions within the organization.
  • "We're thrilled that Kyle has joined iShared to bring his expertise in leading and growing sales within the asset light environment.

RBC iShares Returns to the NEO Exchange for the Launch of 8 New ETFs

Retrieved on: 
Wednesday, March 8, 2023

NEO is proud to welcome back RBC iShares, with the launch of eight new ETF Series of RBC Funds (“ETF Series”).

Key Points: 
  • NEO is proud to welcome back RBC iShares, with the launch of eight new ETF Series of RBC Funds (“ETF Series”).
  • The ETF Series is managed by RBC Global Asset Management Inc. and began trading today on the NEO Exchange.
  • The ETF Series of RBC Funds now available on the NEO Exchange are as follows:
    The ETF Series of RBC Funds join over 150 ETFs listed on the NEO Exchange.
  • RBC iShares ETFs are comprised of RBC ETFs and ETF Series of RBC Funds managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited ("BlackRock Canada").

Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2022 Financial Results

Retrieved on: 
Thursday, February 23, 2023

PitchBook, Morningstar Sustainalytics, Morningstar Direct, and Morningstar Data were the top contributors to organic revenue growth in the fourth quarter of 2022.

Key Points: 
  • PitchBook, Morningstar Sustainalytics, Morningstar Direct, and Morningstar Data were the top contributors to organic revenue growth in the fourth quarter of 2022.
  • Adjusted operating income was $66.4 million in the fourth quarter of 2022, a decrease of 27.2% compared with the prior-year period.
  • Fourth quarter 2022 results included a $9.9 million year-over-year increase in stock-based compensation related to the overachievement of targets under the PitchBook management bonus plan.
  • Foreign currency translation decreased revenue by $45.9 million, or 2.7%, and operating expense by $48.2 million, or 3.3%, in 2022.

Tradeweb Launches iNAV Calculation Service

Retrieved on: 
Wednesday, February 8, 2023

“We are excited to launch a comprehensive and reliable iNAV calculation service for ETFs, using real-time prices from our leading trading platform,” said Enrico Bruni, Head of Europe and Asia Business at Tradeweb.

Key Points: 
  • “We are excited to launch a comprehensive and reliable iNAV calculation service for ETFs, using real-time prices from our leading trading platform,” said Enrico Bruni, Head of Europe and Asia Business at Tradeweb.
  • As a result of ETFs’ rising popularity, Tradeweb has experienced growing demand from ETF issuers and institutional clients for an iNAV calculation service that allows investors to efficiently evaluate their positions, make better-informed trading decisions, and enhance their Transaction Cost Analysis (TCA).
  • “What makes Tradeweb iNAVs unique is the data source and quality, especially for fixed income ETFs,” said Lisa Schirf, Global Head of Data & Analytics at Tradeweb.
  • In addition to single iNAV prices, which are publicly available for transparency purposes, Tradeweb offers an enhanced iNAV data feed product comprising iNAV Bid, iNAV Mid, and iNAV Ask values.

iShares® iBonds® 2023 Term Maturity ETFs Near Final Distribution Dates

Retrieved on: 
Friday, January 27, 2023

iBonds ETFs are designed to cease trading and mature during a specific maturity window like an individual bond.

Key Points: 
  • iBonds ETFs are designed to cease trading and mature during a specific maturity window like an individual bond.
  • Leading up to the ETF’s final distribution date, the bonds held by iBonds ETFs mature, and the ETF transitions into short-term instruments and cash.
  • iBonds ETFs , across treasuries, municipal bonds and both investment-grade and high-yield corporate credit remain available to investors.
  • iShares iBonds ETFs can help market participants to build bond ladders and manage interest rate risk in rising rate environments.

RBC iShares expands suite of actively managed solutions with the launch of two new covered call ETFs

Retrieved on: 
Tuesday, January 17, 2023

The Covered Call ETFs will be managed by RBC GAM Inc.'s North American Equities team.

Key Points: 
  • The Covered Call ETFs will be managed by RBC GAM Inc.'s North American Equities team.
  • RBC iShares are ETFs comprised of RBC ETFs managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited.
  • Commissions, trailing commissions, management fees and expenses all may be associated with investing in ETFs.
  • ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

BlackRock® Canada Announces Final Annual Reinvested Capital Gains Distributions for the iShares® ETFs

Retrieved on: 
Thursday, December 29, 2022

(1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XAW.U, XCBU.U, XDG.U, XDU.U, XEC.U, XEF.U, XFS.U, XMC.U, XMU.U, XSHU.U, XSTP.U, XUS.U, and XUU.U.

Key Points: 
  • (1) Distribution per unit amounts are in U.S. dollars for XAGG.U, XAW.U, XCBU.U, XDG.U, XDU.U, XEC.U, XEF.U, XFS.U, XMC.U, XMU.U, XSHU.U, XSTP.U, XUS.U, and XUU.U.
  • (2) For iShares Premium Money Market ETF (CMR), iShares ESG MSCI EAFE Leaders Index ETF (XDLR), iShares Exponential Technologies Index ETF (XEXP), iShares Cybersecurity and Tech Index ETF (XHAK), iShares Canadian Real Return Bond Index ETF (XRB) only, the distribution amount may include an income component.

SAVE LAUNCHES THE FIRST ESG-FOCUSED SAVINGS PROGRAM IN THE U.S.

Retrieved on: 
Thursday, December 29, 2022

HOUSTON, Dec. 29, 2022 /PRNewswire/ -- Save®, a fintech company that helps people earn higher yields on their spending and savings, announced today that it has added a new Environmental, Social, and Governance (ESG) portfolio that provides a yield from, amongst other ETFs, the iShares ESG Aware ETFs. Assets in global sustainable funds were at $2.24 trillion at the end of September, according to Morningstar Direct. With their Market Savings, Save is meeting this market opportunity with the first ESG-oriented savings product in banking.

Key Points: 
  • Save's Market Savings program focused on ESG includes the planting of trees in the U.S. to help combat global climate change.
  • With their Market Savings, Save is meeting this market opportunity with the first ESG-oriented savings product in banking.
  • Since the ESG portfolio was launched, approximately 10% of people that sign up to Market Savings are selecting the Save ESG portfolio.
  • We see it as our fiduciary responsibility to offer ethical investing through our Market Savings program for those consumers who seek these choices," said Michael Nelskyla, Founder and CEO of Save.

Tarsus Added to NASDAQ Biotechnology Index

Retrieved on: 
Friday, December 16, 2022

IRVINE, Calif., Dec. 16, 2022 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), whose mission is to focus on unmet needs and apply proven science and new technology to revolutionize treatment for patients, starting with eye care, today announced that Tarsus will be added to the NASDAQ Biotechnology Index® (NASDAQ: NBI), effective December 19, 2022.

Key Points: 
  • IRVINE, Calif., Dec. 16, 2022 (GLOBE NEWSWIRE) -- Tarsus Pharmaceuticals, Inc. (NASDAQ: TARS), whose mission is to focus on unmet needs and apply proven science and new technology to revolutionize treatment for patients, starting with eye care, today announced that Tarsus will be added to the NASDAQ Biotechnology Index® (NASDAQ: NBI), effective December 19, 2022.
  • The NASDAQ Biotechnology Index is designed to track the performance of a set of biotechnology and pharmaceutical companies listed on The Nasdaq Stock Market.
  • The Index is evaluated annually and serves as the basis for the iShares NASDAQ Biotechnology Index Fund (NASDAQ: IBB).
  • Because of this designation, shares of Tarsus will be included in the portfolios of NASDAQ Biotechnology Index funds.