BlackRock (BLK) reports 6.1% stake in iShares GNMA Bond ETF common stock

Rhea-AI Filing Summary

BlackRock, Inc. has filed a beneficial ownership report for iShares GNMA Bond ETF. As of 12/31/2025, BlackRock reports beneficial ownership of 547,788 shares of the ETF’s common stock, representing 6.1% of the outstanding class. BlackRock has sole power to vote and dispose of all of these shares, with no shared voting or dispositive power.

The holding reflects securities beneficially owned, or deemed beneficially owned, by certain BlackRock business units, and excludes other business units that are disaggregated under SEC rules. The filing notes that another person, iShares Yield Optimized Bond ETF, has an interest in the iShares GNMA Bond ETF common stock of more than five percent. BlackRock certifies that the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

iShares GNMA Bond ETF

(Name of Issuer)

Common Stock

(Title of Class of Securities)

46429B333

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 46429B333

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 547,788.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 547,788.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

547,788.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.1 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: iShares GNMA Bond ETF
(b)	Address of issuer's principal executive offices: 400 HOWARD STREET SAN FRANCISCO CA 94105
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 46429B333
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 547788
(b)	Percent of class: 6.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 547788
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 547788
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The interest of 1 such person, iShares Yield Optimized Bond ETF, in the common stock of iShares GNMA Bond ETF is more than five percent of the total outstanding common stock.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	01/21/2026

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

What percentage of iShares GNMA Bond ETF does BlackRock (BLK) report owning?

BlackRock, Inc. reports beneficial ownership of 6.1% of the common stock of iShares GNMA Bond ETF as of 12/31/2025.

How many iShares GNMA Bond ETF shares does BlackRock (BLK) beneficially own?

BlackRock, Inc. reports beneficial ownership of 547,788 shares of iShares GNMA Bond ETF common stock, with sole voting and dispositive power over all of these shares.

Does BlackRock share voting or dispositive power over its iShares GNMA Bond ETF stake?

No. BlackRock reports sole voting power over 547,788 shares and sole dispositive power over the same number, with zero shared voting or shared dispositive power.

Who is identified as having more than 5% interest in iShares GNMA Bond ETF besides BlackRock?

The filing states that iShares Yield Optimized Bond ETF has an interest in the common stock of iShares GNMA Bond ETF that is more than five percent of the total outstanding common stock.

Is BlackRock’s iShares GNMA Bond ETF position intended to influence control of the issuer?

BlackRock certifies that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose or effect of changing or influencing control of the issuer.

Which entity filed this ownership report for iShares GNMA Bond ETF?

The reporting person is BlackRock, Inc., a Delaware corporation, with its principal business office at 50 Hudson Yards, New York, NY 10001.