Schedule of Investments (unaudited)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Corporate Bonds & Notes
Advertising — 0.1%
Interpublic Group of Companies Inc. (The)
2.40%, 03/01/31 (Call 12/01/30)(a)	$	440	$	442,159
3.38%, 03/01/41 (Call 09/01/40)		527		556,983
4.20%, 04/15/24		376		401,221
4.65%, 10/01/28 (Call 07/01/28)(a)		548		632,398
4.75%, 03/30/30 (Call 12/30/29)		508		595,529
5.40%, 10/01/48 (Call 04/01/48)		488		684,465
Omnicom Group Inc.
2.45%, 04/30/30 (Call 01/30/30)		548		544,102
2.60%, 08/01/31 (Call 05/01/31)(a)		375		377,247
4.20%, 06/01/30 (Call 03/01/30)		532		598,161
Omnicom Group Inc./Omnicom Capital Inc.
3.60%, 04/15/26 (Call 01/15/26)		995		1,065,881
3.65%, 11/01/24 (Call 08/01/24)		871		921,866
WPP Finance 2010, 3.75%, 09/19/24		412		438,399
				7,258,411
Aerospace & Defense — 1.7%
Airbus SE, 3.95%, 04/10/47 (Call 10/10/46)(a)(b)		645		763,503
BAE Systems Finance Inc., 7.50%, 07/01/27(a)(b)		200		256,350
BAE Systems Holdings Inc.
3.80%, 10/07/24(a)(b)		230		245,124
3.85%, 12/15/25 (Call 09/15/25)(b)		847		913,619
4.75%, 10/07/44(b)		385		476,858
BAE Systems PLC
1.90%, 02/15/31 (Call 11/15/30)(b)		1,055		1,005,175
3.00%, 09/15/50 (Call 03/15/50)(a)(b)		850		832,124
3.40%, 04/15/30 (Call 01/15/30)(b)		1,250		1,337,754
5.80%, 10/11/41(a)(b)		470		644,373
Boeing Co. (The)
1.17%, 02/04/23 (Call 02/04/22)		700		700,262
1.43%, 02/04/24 (Call 02/04/22)		2,245		2,245,175
1.88%, 06/15/23 (Call 04/15/23)		700		706,187
1.95%, 02/01/24		230		233,184
2.20%, 02/04/26 (Call 02/04/23)		3,205		3,198,399
2.25%, 06/15/26 (Call 03/15/26)		510		511,233
2.50%, 03/01/25 (Call 12/01/24)		317		322,809
2.60%, 10/30/25 (Call 07/30/25)		380		388,367
2.70%, 02/01/27 (Call 12/01/26)		390		397,560
2.75%, 02/01/26 (Call 01/01/26)(a)		565		580,412
2.80%, 03/01/23 (Call 02/01/23)		180		183,637
2.80%, 03/01/24 (Call 02/01/24)(a)		560		578,231
2.80%, 03/01/27 (Call 12/01/26)		575		587,394
2.85%, 10/30/24 (Call 07/30/24)		601		624,042
2.95%, 02/01/30 (Call 11/01/29)(a)		750		756,748
3.10%, 05/01/26 (Call 03/01/26)		660		686,637
3.20%, 03/01/29 (Call 12/01/28)(a)		890		919,855
3.25%, 02/01/28 (Call 12/01/27)		353		366,538
3.25%, 03/01/28 (Call 12/01/27)		353		365,206
3.25%, 02/01/35 (Call 11/01/34)		586		584,648
3.30%, 03/01/35 (Call 09/01/34)(a)		391		391,753
3.38%, 06/15/46 (Call 12/15/45)		310		304,499
3.45%, 11/01/28 (Call 08/01/28)		622		650,749
3.50%, 03/01/39 (Call 09/01/38)(a)		437		434,246
3.50%, 03/01/45 (Call 09/01/44)(a)		415		398,738
3.55%, 03/01/38 (Call 09/01/37)		360		365,523
3.60%, 05/01/34 (Call 02/01/34)		498		515,013
3.63%, 02/01/31 (Call 11/01/30)		235		249,646
3.63%, 03/01/48 (Call 09/01/47)		273		274,737

Security	Par (000)		Value
Aerospace & Defense (continued)
3.65%, 03/01/47 (Call 09/01/46)	$	440	$	443,941
3.75%, 02/01/50 (Call 08/01/49)(a)		1,153		1,195,586
3.83%, 03/01/59 (Call 09/01/58)		525		529,818
3.85%, 11/01/48 (Call 05/01/48)(a)		406		423,046
3.90%, 05/01/49 (Call 11/01/48)		490		513,960
3.95%, 08/01/59 (Call 02/01/59)		888		926,708
4.51%, 05/01/23 (Call 04/01/23)		619		646,245
4.88%, 05/01/25 (Call 04/01/25)		2,458		2,693,957
5.04%, 05/01/27 (Call 03/01/27)		1,425		1,604,467
5.15%, 05/01/30 (Call 02/01/30)		2,670		3,097,180
5.71%, 05/01/40 (Call 11/01/39)		1,685		2,152,078
5.81%, 05/01/50 (Call 11/01/49)		3,959		5,339,939
5.88%, 02/15/40		287		365,623
5.93%, 05/01/60 (Call 11/01/59)		2,610		3,607,659
6.13%, 02/15/33		584		733,562
6.63%, 02/15/38		412		549,602
6.88%, 03/15/39		513		712,315
7.95%, 08/15/24		145		170,392
General Dynamics Corp.
1.15%, 06/01/26 (Call 05/01/26)		209		207,191
1.88%, 08/15/23 (Call 06/15/23)		296		301,494
2.13%, 08/15/26 (Call 05/15/26)(a)		625		642,832
2.25%, 06/01/31 (Call 03/01/31)(a)		585		594,389
2.38%, 11/15/24 (Call 09/15/24)		449		465,148
2.63%, 11/15/27 (Call 08/15/27)(a)		580		613,499
2.85%, 06/01/41 (Call 12/01/40)		545		563,165
3.25%, 04/01/25 (Call 03/01/25)		742		786,711
3.38%, 05/15/23 (Call 04/15/23)		539		558,841
3.50%, 05/15/25 (Call 03/15/25)		613		656,426
3.50%, 04/01/27 (Call 02/01/27)		638		693,646
3.60%, 11/15/42 (Call 05/15/42)		114		130,102
3.63%, 04/01/30 (Call 01/01/30)(a)		915		1,022,099
3.75%, 05/15/28 (Call 02/15/28)		223		248,602
4.25%, 04/01/40 (Call 10/01/39)		652		795,598
4.25%, 04/01/50 (Call 10/01/49)(a)		600		776,736
L3Harris Technologies Inc.
1.80%, 01/15/31 (Call 10/15/30)		823		787,459
2.90%, 12/15/29 (Call 09/15/29)		579		602,345
3.83%, 04/27/25 (Call 01/27/25)		536		574,744
3.85%, 06/15/23 (Call 05/15/23)		465		484,809
3.85%, 12/15/26 (Call 09/15/26)		499		543,114
3.95%, 05/28/24 (Call 02/28/24)		717		758,672
4.40%, 06/15/28 (Call 03/15/28)		1,209		1,366,644
4.85%, 04/27/35 (Call 10/27/34)		762		932,057
5.05%, 04/27/45 (Call 10/27/44)(a)		360		476,624
6.15%, 12/15/40		155		225,718
Lockheed Martin Corp.
1.85%, 06/15/30 (Call 03/15/30)(a)		420		415,608
2.80%, 06/15/50 (Call 12/15/49)(a)		829		841,237
2.90%, 03/01/25 (Call 12/01/24)		829		870,544
3.10%, 01/15/23 (Call 11/15/22)		514		526,372
3.55%, 01/15/26 (Call 10/15/25)		692		748,875
3.60%, 03/01/35 (Call 09/01/34)		807		907,733
3.80%, 03/01/45 (Call 09/01/44)		960		1,117,391
4.07%, 12/15/42		845		1,009,325
4.09%, 09/15/52 (Call 03/15/52)		931		1,162,289
4.50%, 05/15/36 (Call 11/15/35)		602		738,383
4.70%, 05/15/46 (Call 11/15/45)		1,222		1,611,031
5.72%, 06/01/40		90		124,769
Series B, 6.15%, 09/01/36(a)		340		477,682

 1

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Aerospace & Defense (continued)
Northrop Grumman Corp.
2.93%, 01/15/25 (Call 11/15/24)	$	537	$	560,987
3.20%, 02/01/27 (Call 11/01/26)		633		677,203
3.25%, 08/01/23		919		955,197
3.25%, 01/15/28 (Call 10/15/27)(a)		1,567		1,671,926
3.85%, 04/15/45 (Call 10/15/44)		306		352,726
4.03%, 10/15/47 (Call 04/15/47)(a)		1,442		1,724,448
4.40%, 05/01/30 (Call 02/01/30)(a)		479		555,167
4.75%, 06/01/43		958		1,218,757
5.05%, 11/15/40		459		595,246
5.15%, 05/01/40 (Call 11/01/39)(a)		512		668,053
5.25%, 05/01/50 (Call 11/01/49)(a)		600		850,755
Raytheon Technologies Corp.
1.90%, 09/01/31 (Call 06/01/31)		250		239,940
2.25%, 07/01/30 (Call 04/01/30)		753		751,922
2.38%, 03/15/32 (Call 12/15/31)		2,030		2,031,116
2.65%, 11/01/26 (Call 08/01/26)		385		404,161
2.82%, 09/01/51 (Call 03/01/51)		700		683,804
3.03%, 03/15/52 (Call 09/15/51)		1,905		1,925,086
3.13%, 05/04/27 (Call 02/04/27)(a)		1,240		1,322,356
3.13%, 07/01/50 (Call 01/01/50)		845		875,918
3.20%, 03/15/24 (Call 01/15/24)		1,016		1,059,928
3.50%, 03/15/27 (Call 12/15/26)		1,200		1,293,897
3.70%, 12/15/23 (Call 09/15/23)		308		324,119
3.75%, 11/01/46 (Call 05/01/46)		1,052		1,190,611
3.95%, 08/16/25 (Call 06/16/25)		1,494		1,619,511
4.05%, 05/04/47 (Call 11/04/46)		617		730,311
4.13%, 11/16/28 (Call 08/16/28)		1,289		1,448,582
4.15%, 05/15/45 (Call 11/16/44)		922		1,102,730
4.20%, 12/15/44 (Call 06/15/44)		320		370,259
4.35%, 04/15/47 (Call 10/15/46)		876		1,078,981
4.45%, 11/16/38 (Call 05/16/38)		449		547,332
4.50%, 06/01/42		1,459		1,802,527
4.63%, 11/16/48 (Call 05/16/48)		1,306		1,686,193
4.70%, 12/15/41(a)		440		546,554
4.80%, 12/15/43 (Call 06/15/43)		446		567,516
4.88%, 10/15/40		196		247,677
7.20%, 08/15/27(a)		105		132,628
Teledyne Technologies Inc.
0.95%, 04/01/24 (Call 04/01/22)		395		392,154
1.60%, 04/01/26 (Call 03/01/26)		442		439,156
2.25%, 04/01/28 (Call 02/01/28)		165		166,184
2.75%, 04/01/31 (Call 01/01/31)		335		341,975
				112,215,883
Agriculture — 1.2%
Altria Group Inc.
2.35%, 05/06/25 (Call 04/06/25)		321		329,888
2.45%, 02/04/32 (Call 11/04/31)		1,265		1,190,843
2.63%, 09/16/26 (Call 06/16/26)		610		631,051
3.40%, 05/06/30 (Call 02/06/30)		866		894,989
3.40%, 02/04/41 (Call 08/04/40)		1,351		1,250,229
3.70%, 02/04/51 (Call 08/04/50)		1,116		1,053,432
3.80%, 02/14/24 (Call 01/14/24)		105		110,992
3.88%, 09/16/46 (Call 03/16/46)		1,239		1,211,476
4.00%, 01/31/24		275		291,587
4.00%, 02/04/61 (Call 08/04/60) (a)		840		807,238
4.25%, 08/09/42		501		508,475
4.40%, 02/14/26 (Call 12/14/25)		777		852,777
4.45%, 05/06/50 (Call 11/06/49)		516		542,702
4.50%, 05/02/43		669		710,710

Security	Par (000)		Value
Agriculture (continued)
4.80%, 02/14/29 (Call 11/14/28)	$	1,334	$	1,510,339
5.38%, 01/31/44		1,405		1,639,514
5.80%, 02/14/39 (Call 08/14/38)		879		1,061,287
5.95%, 02/14/49 (Call 08/14/48)		1,991		2,511,352
6.20%, 02/14/59 (Call 08/14/58)		311		405,510
Archer-Daniels-Midland Co.
2.50%, 08/11/26 (Call 05/11/26)(a)		1,055		1,101,958
2.70%, 09/15/51 (Call 03/15/51)(a)		125		126,900
3.25%, 03/27/30 (Call 12/27/29)		1,102		1,207,862
3.75%, 09/15/47 (Call 03/15/47)		280		339,138
4.02%, 04/16/43		613		752,482
4.50%, 03/15/49 (Call 09/15/48)		1,180		1,590,580
4.54%, 03/26/42		165		214,537
5.38%, 09/15/35(a)		185		249,257
5.94%, 10/01/32		195		261,836
BAT Capital Corp.
2.26%, 03/25/28 (Call 01/25/28)		1,142		1,115,630
2.73%, 03/25/31 (Call 12/25/30)(a)		524		506,816
2.79%, 09/06/24 (Call 08/06/24)		957		989,772
3.22%, 08/15/24 (Call 06/15/24)		1,583		1,648,707
3.22%, 09/06/26 (Call 07/06/26)		628		652,276
3.46%, 09/06/29 (Call 06/06/29)		872		904,608
3.56%, 08/15/27 (Call 05/15/27)		2,732		2,858,959
3.73%, 09/25/40 (Call 03/25/40)		770		741,617
3.98%, 09/25/50 (Call 03/25/50)		861		840,732
4.39%, 08/15/37 (Call 02/15/37)		2,101		2,230,946
4.54%, 08/15/47 (Call 02/15/47)(a)		2,139		2,243,409
4.70%, 04/02/27 (Call 02/02/27)		694		765,615
4.76%, 09/06/49 (Call 03/06/49)(a)		896		963,477
4.91%, 04/02/30 (Call 01/02/30)(a)		1,036		1,168,259
5.28%, 04/02/50 (Call 10/02/49)		396		457,745
BAT International Finance PLC
1.67%, 03/25/26 (Call 02/25/26)(a)		613		603,857
3.95%, 06/15/25(b)		1,498		1,606,892
Bunge Ltd. Finance Corp.
1.63%, 08/17/25 (Call 07/17/25)		1,312		1,312,473
2.75%, 05/14/31 (Call 02/14/31)		698		704,757
3.25%, 08/15/26 (Call 05/15/26)		286		304,257
3.75%, 09/25/27 (Call 06/25/27)(a)		754		821,230
4.35%, 03/15/24 (Call 02/15/24)		705		754,096
Cargill Inc.
0.40%, 02/02/24 (Call 01/02/24)(b)		710		702,395
0.75%, 02/02/26 (Call 01/02/26)(b)		665		647,115
1.38%, 07/23/23(b)		711		718,259
1.70%, 02/02/31 (Call 11/02/30)(a)(b)		365		353,227
2.13%, 04/23/30 (Call 01/23/30)(b)		1,000		1,001,534
2.13%, 11/10/31 (Call 08/10/31)(b)		500		495,284
3.13%, 05/25/51 (Call 11/25/50)(b)		1,450		1,589,341
3.25%, 03/01/23(b)		173		178,693
3.25%, 05/23/29 (Call 02/23/29)(a)(b)		529		579,239
3.88%, 05/23/49 (Call 11/23/48)(a)(b)		235		286,927
Imperial Brands Finance PLC
3.13%, 07/26/24 (Call 06/26/24)(a)(b)		705		730,906
3.50%, 07/26/26 (Call 05/26/26)(b)		873		922,721
3.88%, 07/26/29 (Call 04/26/29)(b)		659		705,376
4.25%, 07/21/25 (Call 04/21/25)(b)		429		462,095
Philip Morris International Inc.
0.88%, 05/01/26 (Call 04/01/26)		663		640,888
1.13%, 05/01/23		816		820,894
1.50%, 05/01/25 (Call 04/01/25)		613		616,662

 2

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Agriculture (continued)
1.75%, 11/01/30 (Call 08/01/30)	$	543	$	520,055
2.10%, 05/01/30 (Call 02/01/30)		685		674,388
2.13%, 05/10/23 (Call 03/10/23)		339		345,035
2.63%, 03/06/23		198		202,808
2.75%, 02/25/26 (Call 11/25/25)		788		822,296
2.88%, 05/01/24 (Call 04/01/24)		686		716,681
3.13%, 08/17/27 (Call 05/17/27)(a)		420		451,483
3.13%, 03/02/28 (Call 12/02/27)		556		593,040
3.25%, 11/10/24		702		745,035
3.38%, 08/11/25 (Call 05/11/25)		695		739,848
3.38%, 08/15/29 (Call 05/15/29)		490		533,314
3.60%, 11/15/23		526		554,857
3.88%, 08/21/42		704		760,236
4.13%, 03/04/43		746		832,118
4.25%, 11/10/44(a)		1,005		1,152,989
4.38%, 11/15/41		565		646,617
4.50%, 03/20/42		687		791,382
4.88%, 11/15/43		619		750,230
6.38%, 05/16/38		1,005		1,415,778
Reynolds American Inc.
4.45%, 06/12/25 (Call 03/12/25)		2,319		2,508,480
4.85%, 09/15/23		448		477,556
5.70%, 08/15/35 (Call 02/15/35)		736		876,635
5.85%, 08/15/45 (Call 02/15/45)		1,849		2,245,389
6.15%, 09/15/43		537		669,547
7.25%, 06/15/37		504		681,890
Viterra Finance BV
2.00%, 04/21/26 (Call 03/21/26)(b)		750		748,177
3.20%, 04/21/31 (Call 01/21/31)(b)		625		636,384
				81,098,875
Airlines — 0.2%
Delta Air Lines Inc., 7.00%, 05/01/25(b)		345		396,378
Delta Air Lines Inc./SkyMiles IP Ltd.
4.50%, 10/20/25(a)(b)		2,070		2,170,020
4.75%, 10/20/28(b)		2,450		2,684,548
Mileage Plus Holdings LLC/Mileage Plus Intellectual
Property Assets Ltd., 6.50%, 06/20/27 (Call 06/30/23)(b)		2,205		2,353,838
Southwest Airlines Co.
2.63%, 02/10/30 (Call 11/10/29)		716		717,963
3.00%, 11/15/26 (Call 08/15/26)		139		145,166
3.45%, 11/16/27 (Call 08/16/27)		329		348,706
4.75%, 05/04/23		1,074		1,127,369
5.13%, 06/15/27 (Call 04/15/27)		1,878		2,138,939
5.25%, 05/04/25 (Call 04/04/25)		856		951,078
				13,034,005
Apparel — 0.2%
NIKE Inc.
2.25%, 05/01/23 (Call 02/01/23)		230		234,550
2.38%, 11/01/26 (Call 08/01/26)(a)		1,141		1,192,751
2.40%, 03/27/25 (Call 02/27/25)		921		958,795
2.75%, 03/27/27 (Call 01/27/27)(a)		943		998,931
2.85%, 03/27/30 (Call 12/27/29)		1,405		1,492,728
3.25%, 03/27/40 (Call 09/27/39)		852		936,611
3.38%, 11/01/46 (Call 05/01/46)		416		470,673
3.38%, 03/27/50 (Call 09/27/49)(a)		1,195		1,368,817
3.63%, 05/01/43 (Call 11/01/42)		315		362,412
3.88%, 11/01/45 (Call 05/01/45)		764		930,098
PVH Corp., 4.63%, 07/10/25 (Call 06/10/25)(a)		827		907,727

Security	Par (000)		Value
Apparel (continued)
Ralph Lauren Corp.
2.95%, 06/15/30 (Call 03/15/30)(a)	$	805	$	841,158
3.75%, 09/15/25 (Call 07/15/25)		879		950,598
Tapestry Inc.
3.05%, 03/15/32 (Call 12/15/31)		15		15,162
4.13%, 07/15/27 (Call 04/15/27)(a)		463		501,949
4.25%, 04/01/25 (Call 01/01/25)		137		148,852
VF Corp.
2.40%, 04/23/25 (Call 03/23/25)		1,194		1,231,859
2.80%, 04/23/27 (Call 02/23/27)(a)		1,028		1,077,574
2.95%, 04/23/30 (Call 01/23/30)		945		984,495
6.00%, 10/15/33		20		25,845
				15,631,585
Auto Manufacturers — 2.2%
American Honda Finance Corp.
0.55%, 07/12/24(a)		795		784,484
0.65%, 09/08/23		841		840,419
0.75%, 08/09/24		95		94,135
0.88%, 07/07/23		569		570,190
1.00%, 09/10/25		585		577,346
1.20%, 07/08/25		695		690,758
1.30%, 09/09/26		655		645,348
1.80%, 01/13/31(a)		500		487,576
1.95%, 05/10/23		367		373,084
2.00%, 03/24/28		440		443,803
2.05%, 01/10/23(a)		298		303,022
2.15%, 09/10/24		722		742,017
2.30%, 09/09/26(a)		757		782,546
2.35%, 01/08/27		433		445,499
2.40%, 06/27/24		379		391,083
2.90%, 02/16/24		103		107,027
3.45%, 07/14/23		702		733,034
3.50%, 02/15/28(a)		442		484,671
3.55%, 01/12/24		818		862,035
3.63%, 10/10/23		932		980,313
BMW Finance NV
2.40%, 08/14/24 (Call 07/14/24)(b)		794		820,567
2.85%, 08/14/29 (Call 05/14/29)(a)(b)		320		337,363
BMW U.S. Capital LLC
0.75%, 08/12/24(a)(b)		220		217,904
0.80%, 04/01/24(b)		1,080		1,073,962
1.25%, 08/12/26 (Call 07/12/26)(b)		170		167,461
1.95%, 08/12/31 (Call 05/12/31)(a)(b)		550		536,591
2.25%, 09/15/23 (Call 07/15/23)(a)(b)		1,188		1,216,758
2.80%, 04/11/26 (Call 01/11/26)(b)		1,070		1,122,776
3.15%, 04/18/24 (Call 03/18/24)(a)(b)		895		937,882
3.30%, 04/06/27 (Call 01/06/27)(b)		155		167,011
3.45%, 04/12/23 (Call 03/12/23)(a)(b)		805		833,538
3.63%, 04/18/29 (Call 01/18/29)(a)(b)		360		401,447
3.75%, 04/12/28 (Call 01/12/28)(b)		516		574,754
3.80%, 04/06/23(a)(b)		436		453,747
3.90%, 04/09/25 (Call 03/09/25)(a)(b)		1,388		1,497,755
3.95%, 08/14/28 (Call 05/14/28)(b)		390		439,461
4.15%, 04/09/30 (Call 01/09/30)(b)		477		543,394
BMW US Capital LLC, 2.55%, 04/01/31 (Call 01/01/31)(a)(b)		735		754,344
Cummins Inc.
0.75%, 09/01/25 (Call 08/01/25)		776		763,372
1.50%, 09/01/30 (Call 06/01/30)(a)		686		651,789
2.60%, 09/01/50 (Call 03/01/50)		961		896,264

 3

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Auto Manufacturers (continued)
3.65%, 10/01/23 (Call 07/01/23)	$	343	$	358,527
4.88%, 10/01/43 (Call 04/01/43)(a)		150		199,921
Daimler Finance North America LLC
0.75%, 03/01/24(a)(b)		475		471,175
1.45%, 03/02/26(b)		775		770,944
1.75%, 03/10/23(b)		405		409,771
2.13%, 03/10/25(b)		380		387,344
2.45%, 03/02/31(a)(b)		640		648,980
2.63%, 03/10/30(b)		380		392,703
2.70%, 06/14/24(b)		1,101		1,141,843
3.10%, 08/15/29(b)		256		272,986
3.25%, 08/01/24(b)		710		746,436
3.30%, 05/19/25(b)		827		877,982
3.45%, 01/06/27(a)(b)		930		1,007,848
3.50%, 08/03/25(b)		727		779,438
3.65%, 02/22/24(b)		615		649,118
3.70%, 05/04/23(b)		630		654,861
3.75%, 02/22/28(b)		384		425,055
4.30%, 02/22/29(b)		700		800,793
8.50%, 01/18/31		1,068		1,599,071
General Motors Co.
4.00%, 04/01/25		383		410,808
4.20%, 10/01/27 (Call 07/01/27)		524		571,717
4.88%, 10/02/23		1,257		1,336,561
5.00%, 10/01/28 (Call 07/01/28)(a)		757		866,738
5.00%, 04/01/35		771		914,452
5.15%, 04/01/38 (Call 10/01/37)		598		721,271
5.20%, 04/01/45		1,101		1,359,110
5.40%, 10/02/23		847		912,408
5.40%, 04/01/48 (Call 10/01/47)		530		679,614
5.95%, 04/01/49 (Call 10/01/48)		715		980,070
6.13%, 10/01/25 (Call 09/01/25)		916		1,056,677
6.25%, 10/02/43		1,200		1,634,336
6.60%, 04/01/36 (Call 10/01/35)(a)		996		1,338,049
6.75%, 04/01/46 (Call 10/01/45)		675		976,286
6.80%, 10/01/27 (Call 08/01/27)		793		970,109
General Motors Financial Co. Inc.
1.05%, 03/08/24		723		718,356
1.20%, 10/15/24		125		124,664
1.25%, 01/08/26 (Call 12/08/25)		760		741,142
1.50%, 06/10/26 (Call 05/10/26)		1,255		1,231,655
1.70%, 08/18/23		713		720,603
2.35%, 01/08/31 (Call 10/08/30)		889		859,136
2.40%, 04/10/28 (Call 02/10/28)		925		922,417
2.40%, 10/15/28 (Call 08/15/28)		235		232,760
2.70%, 08/20/27 (Call 06/20/27)(a)		789		802,592
2.70%, 06/10/31 (Call 03/10/31)		692		685,656
2.75%, 06/20/25 (Call 05/20/25)		1,218		1,258,891
2.90%, 02/26/25 (Call 01/26/25)		890		921,977
3.25%, 01/05/23 (Call 12/05/22)(a)		736		753,743
3.50%, 11/07/24 (Call 09/07/24)		888		935,272
3.60%, 06/21/30 (Call 03/21/30)		892		945,338
3.70%, 05/09/23 (Call 03/09/23)		1,029		1,064,515
3.85%, 01/05/28 (Call 10/05/27)		194		210,562
3.95%, 04/13/24 (Call 02/13/24)		1,064		1,121,519
4.00%, 01/15/25 (Call 10/15/24)		432		459,965
4.00%, 10/06/26 (Call 07/06/26)		765		827,619
4.15%, 06/19/23 (Call 05/19/23)		312		325,885
4.25%, 05/15/23		405		423,818
4.30%, 07/13/25 (Call 04/13/25)		685		740,904

Security	Par (000)		Value
Auto Manufacturers (continued)
4.35%, 04/09/25 (Call 02/09/25)	$	722	$	780,627
4.35%, 01/17/27 (Call 10/17/26)		1,206		1,320,997
5.10%, 01/17/24 (Call 12/17/23)		1,388		1,493,360
5.25%, 03/01/26 (Call 12/01/25)		1,109		1,246,683
5.65%, 01/17/29 (Call 10/17/28)(a)		393		466,649
Harley-Davidson Financial Services Inc.
3.35%, 02/15/23 (Call 01/15/23)(b)		96		98,415
3.35%, 06/08/25 (Call 05/08/25)(a)(b)		1,202		1,264,385
Hyundai Capital America
0.80%, 01/08/24(b)		1,084		1,075,040
0.88%, 06/14/24(b)		835		824,919
1.00%, 09/17/24(b)		730		720,359
1.25%, 09/18/23(b)		1,197		1,199,049
1.30%, 01/08/26 (Call 12/08/25)(b)		790		768,874
1.50%, 06/15/26 (Call 05/15/26)(b)		710		691,199
1.65%, 09/17/26 (Call 08/17/26)(a)(b)		730		716,238
1.80%, 10/15/25 (Call 09/15/25)(a)(b)		770		768,900
1.80%, 01/10/28 (Call 11/08/27)(b)		590		570,452
2.00%, 06/15/28 (Call 04/15/28)(b)		864		836,848
2.10%, 09/15/28 (Call 07/17/28)(b)		200		194,251
2.38%, 02/10/23(b)		400		406,609
2.38%, 10/15/27 (Call 08/15/27)(a)(b)		990		988,301
2.65%, 02/10/25 (Call 01/10/25)(b)		626		644,889
2.75%, 09/27/26(a)(b)		563		576,433
3.00%, 02/10/27 (Call 12/10/26)(a)(b)		748		778,975
3.40%, 06/20/24(b)		475		498,388
3.50%, 11/02/26 (Call 09/02/26)(a)(b)		931		987,321
4.13%, 06/08/23(b)		590		616,130
4.30%, 02/01/24(b)		545		578,977
5.75%, 04/06/23(b)		527		559,375
5.88%, 04/07/25 (Call 03/07/25)(b)		400		453,299
6.38%, 04/08/30 (Call 01/08/30)(a)(b)		460		580,933
Hyundai Capital Services Inc.
1.25%, 02/08/26(b)		225		219,429
3.63%, 08/29/27(b)		200		216,313
3.75%, 03/05/23(b)		500		516,937
Kia Corp.
1.00%, 04/16/24(b)		80		79,810
3.25%, 04/21/26(b)		700		740,348
3.50%, 10/25/27(b)		380		407,313
Nissan Motor Acceptance Co. LLC
1.13%, 09/16/24(b)		535		526,934
1.85%, 09/16/26 (Call 08/16/26)(a)(b)		815		791,326
2.45%, 09/15/28 (Call 07/15/28)(b)		440		430,079
Nissan Motor Acceptance Corp.
1.05%, 03/08/24(b)		334		329,151
2.00%, 03/09/26 (Call 02/09/26)(b)		717		704,467
2.75%, 03/09/28 (Call 01/09/28)(b)		1,196		1,194,464
3.45%, 03/15/23(a)(b)		283		291,114
3.88%, 09/21/23(b)		235		245,243
Nissan Motor Co. Ltd.
3.04%, 09/15/23(b)		1,214		1,250,112
3.52%, 09/17/25 (Call 08/17/25)(b)		1,402		1,469,681
4.35%, 09/17/27 (Call 07/17/27)(b)		1,535		1,653,865
4.81%, 09/17/30 (Call 06/17/30)(b)		2,081		2,326,097
PACCAR Financial Corp.
0.35%, 08/11/23(a)		555		551,573
0.35%, 02/02/24(a)		425		419,180
0.50%, 08/09/24		115		113,452
0.80%, 06/08/23		285		285,383

4

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Auto Manufacturers (continued)
1.10%, 05/11/26	$	140	$	138,328
1.80%, 02/06/25(a)		365		371,014
1.90%, 02/07/23		250		253,653
2.15%, 08/15/24		995		1,019,223
2.65%, 04/06/23		25		25,674
3.40%, 08/09/23		255		266,481
Stellantis Finance U.S. Inc.
1.71%, 01/29/27 (Call 12/29/26)(a)(b)		2,718		2,666,552
2.69%, 09/15/31 (Call 06/15/31)(b)		1,520		1,497,024
Stellantis NV, 5.25%, 04/15/23		1,105		1,168,747
Toyota Motor Corp.
0.68%, 03/25/24 (Call 02/25/24)		1,000		992,203
1.34%, 03/25/26 (Call 02/25/26)		1,022		1,015,850
2.36%, 07/02/24(a)		590		609,165
2.36%, 03/25/31 (Call 12/25/30)(a)		635		658,438
2.76%, 07/02/29		220		232,330
3.42%, 07/20/23		935		977,370
3.67%, 07/20/28		620		686,753
Toyota Motor Credit Corp.
0.45%, 01/11/24		447		442,575
0.50%, 08/14/23		1,255		1,250,878
0.50%, 06/18/24		400		394,667
0.63%, 09/13/24(a)		300		296,299
0.80%, 10/16/25		899		878,192
0.80%, 01/09/26		710		690,949
1.13%, 06/18/26		690		677,375
1.15%, 08/13/27(a)		612		591,953
1.35%, 08/25/23		1,093		1,103,758
1.65%, 01/10/31		565		547,348
1.80%, 02/13/25		1,074		1,091,880
1.90%, 04/06/28		576		575,008
1.90%, 09/12/31		400		393,221
2.00%, 10/07/24		175		179,276
2.15%, 02/13/30		787		794,388
2.25%, 10/18/23		821		843,481
2.63%, 01/10/23(a)		729		745,214
2.70%, 01/11/23		331		338,433
2.90%, 03/30/23		669		689,255
2.90%, 04/17/24		834		870,319
3.00%, 04/01/25		1,052		1,110,151
3.05%, 01/11/28(a)		451		485,913
3.20%, 01/11/27(a)		711		762,445
3.35%, 01/08/24		266		279,523
3.38%, 04/01/30		682		750,784
3.40%, 04/14/25		248		264,112
3.45%, 09/20/23		725		759,439
3.65%, 01/08/29		216		241,241
Volkswagen Group of America Finance LLC
0.75%, 11/23/22(b)		265		265,204
0.88%, 11/22/23(b)		894		890,008
1.25%, 11/24/25 (Call 10/24/25)(b)		1,116		1,097,989
1.63%, 11/24/27 (Call 09/24/27)(b)		1,251		1,215,812
2.85%, 09/26/24(b)		611		634,758
3.13%, 05/12/23(b)		845		871,433
3.20%, 09/26/26(a)(b)		529		559,991
3.35%, 05/13/25(b)		840		885,943
3.75%, 05/13/30(b)		620		681,610
4.25%, 11/13/23(b)		904		958,496
4.63%, 11/13/25(b)		628		695,708

Security	Par (000)		Value
Auto Manufacturers (continued)
4.75%, 11/13/28(b)	$	739	$	855,143
				147,806,644
Auto Parts & Equipment — 0.2%
Aptiv PLC
3.10%, 12/01/51 (Call 06/01/51)		3,900		3,783,954
4.35%, 03/15/29 (Call 12/15/28)(a)		459		525,372
4.40%, 10/01/46 (Call 04/01/46)		280		336,791
5.40%, 03/15/49 (Call 09/15/48)		211		285,056
BorgWarner Inc.
2.65%, 07/01/27 (Call 05/01/27)(a)		1,019		1,055,896
3.38%, 03/15/25 (Call 12/15/24)(a)		460		487,646
4.38%, 03/15/45 (Call 09/15/44)(a)		469		554,272
5.00%, 10/01/25(b)		890		1,000,412
Denso Corp., 1.24%, 09/16/26 (Call 08/16/26)(b)		45		44,319
Lear Corp.
2.60%, 01/15/32 (Call 10/15/31)		200		196,787
3.50%, 05/30/30 (Call 02/28/30)(a)		225		239,987
3.55%, 01/15/52 (Call 07/15/51)		235		231,794
3.80%, 09/15/27 (Call 06/15/27)(a)		447		487,818
4.25%, 05/15/29 (Call 02/15/29)		94		103,821
5.25%, 05/15/49 (Call 11/15/48)(a)		262		331,152
Magna International Inc.
2.45%, 06/15/30 (Call 03/15/30)(a)		887		902,089
3.63%, 06/15/24 (Call 03/15/24)		393		416,994
4.15%, 10/01/25 (Call 07/01/25)		960		1,049,042
Toyota Industries Corp., 3.24%, 03/16/23
(Call 02/16/23)(b)		250		257,531
				12,290,733
Banks — 19.2%
ABN AMRO Bank NV
1.54%, 06/16/27 (Call 06/16/26)(b)(c)		870		854,624
4.75%, 07/28/25(b)		730		797,752
4.80%, 04/18/26(b)		285		315,449
ADCB Finance Cayman Ltd., 4.00%, 03/29/23(b)		275		283,938
AIB Group PLC
4.26%, 04/10/25 (Call 04/10/24)(b)(c)		820		867,826
4.75%, 10/12/23(b)		580		616,486
ANZ New Zealand Int’l Ltd./London
1.25%, 06/22/26(b)		652		640,372
1.90%, 02/13/23(a)(b)		545		553,418
2.55%, 02/13/30(b)		610		631,439
3.40%, 03/19/24(b)		1,171		1,234,497
3.45%, 07/17/27(b)		600		651,121
3.45%, 01/21/28(b)		471		515,319
ASB Bank Ltd.
1.63%, 10/22/26(b)		840		835,253
2.38%, 10/22/31(b)		1,040		1,038,375
3.13%, 05/23/24(b)		1,260		1,320,465
3.75%, 06/14/23(b)		405		423,498
Associated Banc-Corp, 4.25%, 01/15/25 (Call 10/15/24)		125		133,351
Australia & New Zealand Banking Group Ltd.
2.57%, 11/25/35 (Call 11/25/30)(b)(c)		1,205		1,161,672
2.95%, 07/22/30 (Call 07/22/25)(b)(c)		467		479,522
4.40%, 05/19/26(a)(b)		1,315		1,441,583
4.50%, 03/19/24(a)(b)		225		240,754
Australia & New Zealand Banking Group Ltd./New York NY, 3.70%, 11/16/25		440		480,264
Banco Bilbao Vizcaya Argentaria SA
0.88%, 09/18/23		800		798,905

 5

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
1.13%, 09/18/25	$	820	$	803,930
Banco de Bogota SA, 4.38%, 08/03/27 (Call 05/03/27)(b)		200		204,800
Banco de Credito del Peru
2.70%, 01/11/25 (Call 12/11/24)(b)		1,060		1,077,225
3.13%, 07/01/30 (Call 07/01/25)(b)(c)		338		331,409
3.25%, 09/30/31 (Call 09/30/26)(a)(b)(c)		270		263,925
Banco de Credito e Inversiones SA
2.88%, 10/14/31 (Call 07/14/31)(b)		45		44,640
3.50%, 10/12/27(a)(b)		25		26,746
Banco General SA, 4.13%, 08/07/27 (Call 05/07/27)(a)(b)		245		262,579
Banco Inbursa SA Institucion De Banca Multiple Grupo
Financiero Inbursa
4.13%, 06/06/24(a)(b)		475		494,855
4.38%, 04/11/27 (Call 01/11/27)(a)(b)		470		494,092
Banco Internacional del Peru SAA Interbank, 3.25%,
10/04/26 (Call 08/04/26)(a)(b)		248		252,962
Banco Nacional de Panama, 2.50%, 08/11/30
(Call 05/11/30)(b)		806		751,756
Banco Santander Chile, 2.70%, 01/10/25
(Call 12/10/24)(b)		575		588,265
Banco Santander Mexico SA Institucion de Banca Multiple
Grupo Financiero Santand, 5.38%, 04/17/25(b)		1,044		1,132,291
Banco Santander SA
0.70%, 06/30/24 (Call 06/30/23)(c)		1,452		1,443,855
1.72%, 09/14/27 (Call 09/14/26)(c)		675		662,399
1.85%, 03/25/26		265		264,131
2.71%, 06/27/24		1,670		1,731,467
2.75%, 05/28/25		1,700		1,758,310
2.75%, 12/03/30		1,245		1,217,743
2.96%, 03/25/31(a)		545		554,794
3.13%, 02/23/23		635		651,859
3.23%, 11/22/32 (Call 11/22/31)(c)		1,000		996,360
3.31%, 06/27/29		953		1,020,746
3.49%, 05/28/30		367		387,858
3.80%, 02/23/28		1,150		1,252,793
3.85%, 04/12/23		880		913,681
4.25%, 04/11/27		1,077		1,189,901
4.38%, 04/12/28		840		943,143
5.18%, 11/19/25		1,015		1,131,702
Bancolombia SA, 3.00%, 01/29/25 (Call 12/29/24)		328		326,111
Bangkok Bank PCL/Hong Kong
4.05%, 03/19/24(b)		450		477,882
4.45%, 09/19/28(b)		30		34,626
Bank of America Corp.
0.52%, 06/14/24 (Call 06/14/23), (SOFR + 0.410%)(c)		896		889,276
0.81%, 10/24/24 (Call 10/24/23), (SOFR + 0.740%)(a)(c)		1,403		1,394,197
0.98%, 04/22/25 (Call 04/22/24), (SOFR + 0.690%)(c)		1,325		1,313,728
0.98%, 09/25/25 (Call 09/25/24), (SOFR + 0.910%)(c)		1,792		1,769,219
1.20%, 10/24/26 (Call 10/24/25), (SOFR + 1.010%)(c)		1,603		1,569,538
1.32%, 06/19/26 (Call 06/19/25), (SOFR + 1.150%)(c)		1,235		1,223,218
1.49%, 05/19/24 (Call 05/19/23), (SOFR + 1.460%)(c)		530		533,530
1.73%, 07/22/27 (Call 07/22/26), (SOFR + 0.960%)(c)		3,555		3,522,885
1.90%, 07/23/31 (Call 07/23/30), (SOFR + 1.530%)(c)		637		609,146
1.92%, 10/24/31 (Call 10/24/30), (SOFR + 1.370%)(c)		2,123		2,026,185
2.02%, 02/13/26 (Call 02/13/25),
(3 mo. LIBOR US + 0.640%)(c)		1,403		1,421,451
2.09%, 06/14/29 (Call 06/14/28), (SOFR + 1.060%)(c)		1,100		1,085,106
2.30%, 07/21/32 (Call 07/21/31), (SOFR + 1.220%)(c)		2,897		2,842,868
2.46%, 10/22/25 (Call 10/22/24),
(3 mo. LIBOR US + 0.870%)(c)		1,292		1,329,660

Security	Par (000)		Value
Banks (continued)
2.48%, 09/21/36 (Call 09/21/31)(c)	$	1,730	$	1,670,557
2.50%, 02/13/31 (Call 02/13/30),
(3 mo. LIBOR US + 0.990%)(c)		2,838		2,842,942
2.57%, 10/20/32 (Call 10/20/31), (SOFR + 1.210%)(c)		2,245		2,254,640
2.59%, 04/29/31 (Call 04/29/30), (SOFR + 2.150%)(c)		2,147		2,164,799
2.68%, 06/19/41 (Call 06/19/40), (SOFR + 1.930%)(c)		3,921		3,807,374
2.69%, 04/22/32 (Call 04/22/31), (SOFR + 1.320%)(c)		2,577		2,609,553
2.83%, 10/24/51 (Call 10/24/50), (SOFR + 1.880%)(c)		1,020		1,016,466
2.88%, 10/22/30 (Call 10/22/29),
(3 mo. LIBOR US + 1.190%)(c)		1,723		1,780,887
2.97%, 07/21/52 (Call 07/21/51), (SOFR + 1.560%)(c)		1,785		1,816,966
3.00%, 12/20/23 (Call 12/20/22),
(3 mo. LIBOR US + 0.790%)(c)		3,371		3,446,948
3.09%, 10/01/25 (Call 10/01/24),
(3 mo. LIBOR US + 1.090%)(c)		1,297		1,353,962
3.19%, 07/23/30 (Call 07/23/29),
(3 mo. LIBOR US + 1.180%)(c)		2,104		2,218,952
3.25%, 10/21/27 (Call 10/21/26)		2,150		2,279,045
3.30%, 01/11/23		644		662,995
3.31%, 04/22/42 (Call 04/22/41), (SOFR + 1.580%)(c)		2,978		3,159,074
3.37%, 01/23/26 (Call 01/23/25),
(3 mo. LIBOR US + 0.810%)(c)		1,830		1,932,282
3.42%, 12/20/28 (Call 12/20/27),
(3 mo. LIBOR US + 1.040%)(c)		4,222		4,498,062
3.46%, 03/15/25 (Call 03/15/24),
(3 mo. LIBOR US + 0.970%)(c)		1,827		1,913,642
3.50%, 04/19/26		2,053		2,210,824
3.55%, 03/05/24 (Call 03/05/23),
(3 mo. LIBOR US + 0.780%)(c)		2,844		2,937,299
3.56%, 04/23/27 (Call 04/23/26),
(3 mo. LIBOR US + 1.060%)(c)		2,745		2,929,189
3.59%, 07/21/28 (Call 07/21/27),
(3 mo. LIBOR US + 1.370%)(c)		1,968		2,115,727
3.71%, 04/24/28 (Call 04/24/27),
(3 mo. LIBOR US + 1.512%)(c)		1,620		1,749,224
3.82%, 01/20/28 (Call 01/20/27),
(3 mo. LIBOR US + 1.575%)(c)		2,105		2,281,201
3.86%, 07/23/24 (Call 07/23/23),
(3 mo. LIBOR US + 0.940%)(c)		1,920		2,005,583
3.88%, 08/01/25		1,767		1,920,862
3.95%, 01/23/49 (Call 01/23/48),
(3 mo. LIBOR US + 1.190%)(c)		1,058		1,251,517
3.97%, 03/05/29 (Call 03/05/28),
(3 mo. LIBOR US + 1.070%)(a)(c)		1,431		1,572,770
3.97%, 02/07/30 (Call 02/07/29),
(3 mo. LIBOR US + 1.210%)(c)		2,553		2,822,300
4.00%, 04/01/24		2,152		2,292,473
4.00%, 01/22/25		2,135		2,283,739
4.08%, 04/23/40 (Call 04/23/39),
(3 mo. LIBOR US + 1.320%)(c)		1,517		1,752,800
4.08%, 03/20/51 (Call 03/20/50),
(3 mo. LIBOR US + 3.150%)(c)		4,156		5,073,066
4.10%, 07/24/23		1,876		1,981,097
4.13%, 01/22/24		2,562		2,729,082
4.20%, 08/26/24		1,267		1,361,509
4.24%, 04/24/38 (Call 04/24/37),
(3 mo. LIBOR US + 1.814%)(c)		1,702		1,999,819
4.25%, 10/22/26		1,447		1,595,017
4.27%, 07/23/29 (Call 07/23/28),
(3 mo. LIBOR US + 1.310%)(c)		2,616		2,933,754

6

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
4.33%, 03/15/50 (Call 03/15/49),
(3 mo. LIBOR US + 1.520%)(c)	$	2,380	$	2,975,543
4.44%, 01/20/48 (Call 01/20/47),
(3 mo. LIBOR US + 1.990%)(a)(c)		1,886		2,379,131
4.45%, 03/03/26		1,413		1,554,872
4.88%, 04/01/44(a)		387		501,680
5.00%, 01/21/44		1,598		2,091,154
5.88%, 02/07/42		1,768		2,518,003
6.11%, 01/29/37		1,814		2,447,635
6.22%, 09/15/26		600		712,970
7.75%, 05/14/38		916		1,435,762
Series L, 3.95%, 04/21/25		2,142		2,298,334
Series L, 4.18%, 11/25/27 (Call 11/25/26)		1,757		1,921,661
Series L, 4.75%, 04/21/45(a)		569		720,851
Series N, 1.66%, 03/11/27 (Call 03/11/26),
(SOFR + 0.910%)(c)		920		912,966
Series N, 2.65%, 03/11/32 (Call 03/11/31),
(SOFR + 1.220%)(c)		2,019		2,040,605
Series N, 3.48%, 03/13/52 (Call 03/13/51),
(SOFR + 1.650%)(c)		1,010		1,126,535
Bank of America N.A., 6.00%, 10/15/36		1,311		1,797,558
Bank of China Hong Kong Ltd., 5.90%,
(Call 09/14/23)(b)(c)(d)		2,056		2,189,582
Bank of China Ltd., 5.00%, 11/13/24(b)		2,175		2,380,752
Bank of Ireland Group PLC, 4.50%, 11/25/23(b)		1,283		1,363,886
Bank of Montreal
0.45%, 12/08/23(a)		1,115		1,105,861
0.63%, 07/09/24		1,175		1,160,020
0.95%, 01/22/27 (Call 01/22/26), (SOFR + 0.603%)(c)		980		953,162
1.25%, 09/15/26		1,405		1,377,307
1.85%, 05/01/25(a)		700		712,121
2.50%, 06/28/24		1,106		1,145,008
3.80%, 12/15/32 (Call 12/15/27)(c)		713		766,790
4.34%, 10/05/28 (Call 10/05/23)(c)		715		754,752
4.80%, (Call 08/25/24)(c)(d)		145		148,380
Series E, 3.30%, 02/05/24		1,503		1,574,729
Bank of New York Mellon Corp. (The)
0.35%, 12/07/23 (Call 11/07/23)		770		764,319
0.50%, 04/26/24 (Call 03/26/24)		726		718,540
0.75%, 01/28/26 (Call 12/28/25)		170		165,656
1.05%, 10/15/26 (Call 09/15/26)(a)		556		543,357
1.60%, 04/24/25 (Call 03/24/25)		909		918,402
1.65%, 07/14/28 (Call 05/14/28)		660		653,580
1.65%, 01/28/31 (Call 10/28/30)(a)		342		332,422
1.80%, 07/28/31 (Call 04/28/31)(a)		610		596,599
1.85%, 01/27/23 (Call 01/02/23)(a)		649		658,087
2.10%, 10/24/24		961		987,975
2.20%, 08/16/23 (Call 06/16/23)		793		811,755
2.45%, 08/17/26 (Call 05/17/26)		779		812,569
2.80%, 05/04/26 (Call 02/04/26)		789		826,719
2.95%, 01/29/23 (Call 12/29/22)(a)		204		209,166
3.00%, 10/30/28 (Call 07/30/28)		461		491,758
3.25%, 09/11/24 (Call 08/11/24)(a)		625		660,404
3.25%, 05/16/27 (Call 02/16/27)		378		407,755
3.30%, 08/23/29 (Call 05/23/29)		473		513,766
3.40%, 05/15/24 (Call 04/15/24)		472		499,415
3.40%, 01/29/28 (Call 10/29/27)		589		642,255
3.44%, 02/07/28 (Call 02/07/27),
(3 mo. LIBOR US + 1.069%)(c)		612		657,931
3.45%, 08/11/23		617		645,759

Security	Par (000)		Value
Banks (continued)
3.50%, 04/28/23	$	417	$	432,872
3.85%, 04/28/28(a)		686		771,464
3.95%, 11/18/25 (Call 10/18/25)		291		318,784
Series 12, 3.65%, 02/04/24 (Call 01/05/24)		405		428,299
Series G, 3.00%, 02/24/25 (Call 01/24/25)		698		737,714
Series J, 0.85%, 10/25/24 (Call 09/25/24)		200		198,544
Series J, 1.90%, 01/25/29 (Call 11/25/28)		535		535,766
Bank of New Zealand
1.00%, 03/03/26(b)		440		428,836
2.00%, 02/21/25(b)		755		770,012
3.50%, 02/20/24(a)(b)		536		564,884
Bank of Nova Scotia (The)
0.55%, 09/15/23		566		563,609
0.65%, 07/31/24		878		869,335
0.70%, 04/15/24		842		833,682
0.80%, 06/15/23		259		259,343
1.05%, 03/02/26		1,206		1,181,463
1.30%, 06/11/25(a)		1,020		1,017,141
1.30%, 09/15/26 (Call 06/15/26)		950		932,261
1.35%, 06/24/26		755		746,038
1.63%, 05/01/23		563		570,393
1.95%, 02/01/23		491		498,318
2.15%, 08/01/31(a)		715		710,142
2.20%, 02/03/25		897		922,687
2.38%, 01/18/23		651		664,439
2.70%, 08/03/26		871		910,900
3.40%, 02/11/24		1,343		1,412,813
4.50%, 12/16/25(a)		1,114		1,231,313
4.90%, (Call 06/04/25)(c)(d)		129		136,663
Series 2, 3.63%, 10/27/81 (Call 10/27/26)(c)		195		187,904
Bank OZK, 2.75%, 10/01/31 (Call 10/01/26),
(SOFR + 2.090%)(c)		465		468,872
BankUnited Inc.
4.88%, 11/17/25 (Call 08/17/25)		272		300,435
5.13%, 06/11/30 (Call 03/11/30)		425		488,188
Banque Federative du Credit Mutuel SA
0.65%, 02/27/24(b)		795		787,542
1.00%, 02/04/25(b)		570		564,293
1.60%, 10/04/26(b)		825		817,922
2.38%, 11/21/24(b)		1,166		1,200,554
3.75%, 07/20/23(b)		806		844,439
Barclays Bank PLC, 3.75%, 05/15/24		400		426,545
Barclays PLC
1.01%, 12/10/24 (Call 12/10/23)(c)		1,618		1,607,200
2.28%, 11/24/27 (Call 11/24/26)(c)		1,000		1,001,202
2.65%, 06/24/31 (Call 06/24/30)(c)		1,205		1,200,102
2.67%, 03/10/32 (Call 03/10/31)(c)		535		529,605
2.85%, 05/07/26 (Call 05/07/25), (SOFR + 2.714%)(c)		875		903,059
3.33%, 11/24/42 (Call 11/24/41)(c)		500		505,756
3.56%, 09/23/35 (Call 09/23/30)(c)		530		545,075
3.65%, 03/16/25		1,366		1,447,702
3.68%, 01/10/23 (Call 01/10/22)		458		459,440
3.81%, 03/10/42 (Call 03/10/41)(a)(c)		705		738,568
3.93%, 05/07/25 (Call 05/07/24),
(3 mo. LIBOR US + 1.610%)(c)		1,815		1,916,663
4.34%, 05/16/24 (Call 05/16/23),
(3 mo. LIBOR US + 1.356%)(c)		989		1,035,527
4.34%, 01/10/28 (Call 01/10/27)		800		875,795
4.38%, 09/11/24		1,170		1,251,810
4.38%, 01/12/26		1,727		1,888,805

 7

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
4.84%, 05/09/28 (Call 05/07/27)(a)	$	1,594	$	1,757,284
4.95%, 01/10/47		1,130		1,468,736
4.97%, 05/16/29 (Call 05/16/28),
(3 mo. LIBOR US + 1.902%)(c)		877		1,005,443
5.09%, 06/20/30 (Call 06/20/29),
(3 mo. LIBOR US + 3.054%)(c)		1,055		1,199,025
5.20%, 05/12/26		1,582		1,776,380
5.25%, 08/17/45		840		1,130,239
BBVA Bancomer SA/Texas
1.88%, 09/18/25(b)		200		199,002
4.38%, 04/10/24(b)		158		168,584
BBVA USA
3.88%, 04/10/25 (Call 03/10/25)		495		533,519
2.50%, 08/27/24 (Call 07/27/24)		422		437,097
BNP Paribas SA
1.32%, 01/13/27 (Call 01/13/26)(a)(b)(c)		1,840		1,792,589
1.68%, 06/30/27 (Call 06/30/26)(a)(b)(c)		2,165		2,131,127
1.90%, 09/30/28 (Call 09/30/27)(a)(b)(c)		965		947,429
2.16%, 09/15/29 (Call 09/15/28)(b)(c)		575		564,835
2.22%, 06/09/26 (Call 06/09/25)(b)(c)		786		797,958
2.59%, 08/12/35 (Call 08/12/30)(b)(c)		1,370		1,319,449
2.82%, 11/19/25 (Call 11/19/24)(b)(c)		2,057		2,122,852
2.82%, 01/26/41(b)		430		407,355
2.87%, 04/19/32 (Call 04/19/31)(a)(b)(c)		1,800		1,824,924
3.25%, 03/03/23		600		619,751
3.38%, 01/09/25(b)		1,421		1,498,010
3.50%, 03/01/23(a)(b)		631		652,116
3.50%, 11/16/27(a)(b)		345		369,346
3.80%, 01/10/24(b)		903		950,524
4.25%, 10/15/24(a)		1,398		1,514,940
4.38%, 09/28/25(b)		679		737,031
4.38%, 05/12/26(b)		1,210		1,316,934
4.38%, 03/01/33 (Call 03/01/28)(b)(c)		1,025		1,116,637
4.40%, 08/14/28(a)(b)		1,332		1,507,301
4.63%, 03/13/27(b)		1,111		1,232,821
4.71%, 01/10/25 (Call 01/10/24)(b)(c)		718		767,980
5.20%, 01/10/30 (Call 01/10/29)(a)(b)(c)		772		906,211
7.20%, (Call 01/03/22)(a)(b)(c)(d)		730		733,650
BNZ International Funding Ltd./London, 3.38%,
03/01/23(b)		440		454,857
BPCE SA
1.00%, 01/20/26(b)		1,700		1,651,581
1.65%, 10/06/26 (Call 10/06/25)(b)(c)		554		547,549
2.05%, 10/19/27 (Call 10/19/26)(b)(c)		1,595		1,582,786
2.28%, 01/20/32 (Call 01/20/31)(a)(b)(c)		1,080		1,037,030
2.38%, 01/14/25(b)		1,000		1,019,966
2.70%, 10/01/29(a)(b)		896		923,241
3.12%, 10/19/32 (Call 10/19/31)(a)(b)(c)		300		300,949
3.25%, 01/11/28(b)		550		584,546
3.38%, 12/02/26		377		403,937
3.50%, 10/23/27(b)		810		858,107
3.58%, 10/19/42 (Call 10/19/41)(b)(c)		605		623,308
4.00%, 09/12/23(b)		730		768,334
4.00%, 04/15/24		880		939,253
4.50%, 03/15/25(b)		815		880,436
4.63%, 07/11/24(b)		632		679,146
4.63%, 09/12/28(a)(b)		450		513,370
4.88%, 04/01/26(b)		375		416,529
5.15%, 07/21/24(a)(b)		1,645		1,792,359
5.70%, 10/22/23(b)		1,007		1,088,778

Security	Par (000)		Value
Banks (continued)
Cadence Bank, 4.13%, 11/20/29 (Call 11/20/24),
(3 mo. LIBOR US + 2.470%)(c)	$	225	$	234,876
Canadian Imperial Bank of Commerce
0.45%, 06/22/23		100		99,377
0.50%, 12/14/23		594		587,463
0.95%, 06/23/23		1,008		1,010,667
0.95%, 10/23/25		755		741,140
1.00%, 10/18/24		1,080		1,071,106
1.25%, 06/22/26		652		633,872
2.25%, 01/28/25		570		585,484
3.10%, 04/02/24		1,001		1,047,699
3.50%, 09/13/23		855		897,855
CIT Bank N.A., 2.97%, 09/27/25 (Call 09/27/24),
(SOFR + 1.715%)(a)(c)		525		534,188
Citibank N.A., 3.65%, 01/23/24 (Call 12/23/23)		2,045		2,158,571
Citigroup Inc.
0.78%, 10/30/24 (Call 10/30/23), (SOFR + 0.686%)(c)		1,031		1,024,618
0.98%, 05/01/25 (Call 05/01/24), (SOFR + 0.669%)(c)		945		938,715
1.12%, 01/28/27 (Call 01/28/26), (SOFR + 0.765%)(c)		1,000		970,901
1.28%, 11/03/25 (Call 11/03/24), (SOFR + 0.528%)(c)		155		154,597
1.46%, 06/09/27 (Call 06/09/26), (SOFR + 0.770%)(c)		1,430		1,402,656
1.68%, 05/15/24 (Call 05/15/23), (SOFR + 1.667%)(c)		1,908		1,928,520
2.52%, 11/03/32 (Call 11/03/31), (SOFR + 1.177%)(c)		170		169,914
2.56%, 05/01/32 (Call 05/01/31), (SOFR + 1.167%)(c)		1,175		1,180,088
2.57%, 06/03/31 (Call 06/03/30), (SOFR + 2.107%)(c)		2,815		2,830,723
2.67%, 01/29/31 (Call 01/29/30), (SOFR + 1.146%)(c)		1,324		1,344,031
2.90%, 11/03/42 (Call 11/03/41), (SOFR + 1.379%)(c)		250		248,723
2.98%, 11/05/30 (Call 11/05/29), (SOFR + 1.422%)(c)		2,052		2,133,150
3.11%, 04/08/26 (Call 04/08/25), (SOFR + 2.842%)(c)		1,698		1,779,995
3.20%, 10/21/26 (Call 07/21/26)		2,258		2,396,184
3.30%, 04/27/25		1,251		1,330,546
3.35%, 04/24/25 (Call 04/24/24),
(3 mo. LIBOR US + 0.897%)(c)		2,312		2,420,678
3.38%, 03/01/23(a)		20		20,638
3.40%, 05/01/26(a)		1,647		1,771,513
3.50%, 05/15/23		671		695,208
3.52%, 10/27/28 (Call 10/27/27),
(3 mo. LIBOR US + 1.151%)(c)		2,048		2,195,689
3.67%, 07/24/28 (Call 07/24/27),
(3 mo. LIBOR US + 1.390%)(c)		2,443		2,628,012
3.70%, 01/12/26		1,775		1,920,713
3.75%, 06/16/24		658		700,106
3.88%, 10/25/23		1,003		1,062,098
3.88%, 03/26/25		1,002		1,072,535
3.88%, 01/24/39 (Call 01/24/38),
(3 mo. LIBOR US + 1.168%)(c)		855		970,894
3.89%, 01/10/28 (Call 01/10/27),
(3 mo. LIBOR US + 1.563%)(c)		2,607		2,826,107
3.98%, 03/20/30 (Call 03/20/29),
(3 mo. LIBOR US + 1.338%)(c)		935		1,035,356
4.00%, 08/05/24		938		1,001,462
4.04%, 06/01/24 (Call 06/01/23),
(3 mo. LIBOR US + 1.023%)(c)		653		682,779
4.08%, 04/23/29 (Call 04/23/28),
(3 mo. LIBOR US + 1.192%)(c)		2,408		2,657,417
4.13%, 07/25/28		1,119		1,228,937
4.28%, 04/24/48 (Call 04/24/47),
(3 mo. LIBOR US + 1.839%)(c)		952		1,186,810
4.30%, 11/20/26		1,684		1,857,215
4.40%, 06/10/25		2,110		2,291,563

8

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
4.41%, 03/31/31 (Call 03/31/30), (SOFR + 3.914%)(c)	$	2,312	$	2,637,284
4.45%, 09/29/27		2,849		3,168,357
4.60%, 03/09/26		1,290		1,425,381
4.65%, 07/30/45		1,094		1,401,328
4.65%, 07/23/48 (Call 06/23/48)		2,158		2,831,847
4.75%, 05/18/46		1,280		1,609,123
5.30%, 05/06/44		963		1,262,208
5.32%, 03/26/41 (Call 03/26/40), (SOFR + 4.548%)(c)		1,253		1,660,335
5.50%, 09/13/25		1,156		1,308,261
5.88%, 02/22/33		485		620,293
5.88%, 01/30/42		869		1,236,698
6.00%, 10/31/33		767		992,907
6.13%, 08/25/36(a)		657		898,528
6.63%, 01/15/28(a)		110		138,282
6.63%, 06/15/32		1,285		1,719,364
6.68%, 09/13/43		880		1,338,466
6.88%, 03/05/38(a)		105		153,111
6.88%, 02/15/98(a)		340		621,079
8.13%, 07/15/39		1,050		1,795,286
Citizens Bank N.A./Providence RI
2.25%, 04/28/25 (Call 03/28/25)		105		107,877
3.70%, 03/29/23 (Call 02/28/23)		350		362,767
3.75%, 02/18/26 (Call 11/18/25)		661		717,925
Citizens Financial Group Inc.
2.50%, 02/06/30 (Call 11/06/29)		430		436,960
2.64%, 09/30/32 (Call 07/02/32)(a)		225		225,131
2.85%, 07/27/26 (Call 04/27/26)		388		407,528
3.25%, 04/30/30 (Call 01/30/30)		740		787,113
4.30%, 12/03/25 (Call 11/03/25)		25		27,313
Comerica Bank
2.50%, 07/23/24		865		895,475
4.00%, 07/27/25		195		211,362
Comerica Inc.
3.70%, 07/31/23 (Call 06/30/23)		373		389,344
3.80%, 07/22/26		265		287,041
4.00%, 02/01/29 (Call 11/03/28)		579		654,568
Commonwealth Bank of Australia
1.13%, 06/15/26(b)		1,395		1,372,576
1.88%, 09/15/31(b)		1,025		999,859
2.63%, 09/06/26(b)		940		988,562
2.69%, 03/11/31(b)		1,060		1,047,639
2.85%, 05/18/26(b)		45		47,719
3.15%, 09/19/27(a)(b)		507		547,446
3.31%, 03/11/41(a)(b)		925		950,707
3.35%, 06/04/24(b)		135		142,720
3.61%, 09/12/34 (Call 09/12/29)(b)(c)		926		971,292
3.74%, 09/12/39(b)		725		783,650
3.90%, 03/16/28(a)(b)		420		475,556
3.90%, 07/12/47(a)(b)		1,145		1,419,658
4.32%, 01/10/48(b)		940		1,128,456
4.50%, 12/09/25(b)		33		36,327
Cooperatieve Rabobank U.A.
3.75%, 07/21/26		941		1,016,276
4.38%, 08/04/25		865		940,369
4.63%, 12/01/23		1,495		1,599,569
5.25%, 05/24/41		1,097		1,531,820
5.25%, 08/04/45(a)		902		1,227,482
5.75%, 12/01/43(a)		935		1,320,758
Cooperatieve Rabobank U.A./New York
0.38%, 01/12/24		835		825,566

Security	Par (000)		Value
Banks (continued)
2.75%, 01/10/23	$	745	$	762,153
3.38%, 05/21/25		702		752,189
Cooperatieve Rabobank UA
1.00%, 09/24/26 (Call 09/24/25)(a)(b)(c)		934		914,723
1.11%, 02/24/27 (Call 02/24/26)(b)(c)		2,385		2,323,850
1.34%, 06/24/26 (Call 06/24/25)(b)(c)		865		857,130
2.63%, 07/22/24(b)		1,346		1,396,006
3.88%, 09/26/23(b)		800		842,593
5.80%, 09/30/2110(a)(b)		195		317,782
Credicorp Ltd., 2.75%, 06/17/25 (Call 05/17/25)(b)		610		617,896
Credit Agricole SA
1.25%, 01/26/27 (Call 01/26/26)(a)(b)(c)		922		896,669
2.81%, 01/11/41(a)(b)		815		773,088
3.25%, 01/14/30(b)		1,054		1,095,227
4.00%, 01/10/33 (Call 01/10/28)(a)(b)(c)		1,050		1,124,323
Credit Agricole SA/London
1.91%, 06/16/26 (Call 06/16/25)(b)(c)		2,245		2,255,110
2.38%, 01/22/25(b)		365		376,138
3.25%, 10/04/24(b)		2,015		2,120,672
3.75%, 04/24/23(b)		860		895,381
3.88%, 04/15/24(b)		515		548,264
4.13%, 01/10/27(b)		1,091		1,197,252
Credit Suisse AG/New York NY
0.50%, 02/02/24		425		420,682
0.52%, 08/09/23		250		248,760
1.00%, 05/05/23		726		728,225
1.25%, 08/07/26		1,895		1,848,389
2.95%, 04/09/25		1,115		1,171,704
3.63%, 09/09/24		2,443		2,598,251
Credit Suisse Group AG
1.31%, 02/02/27 (Call 02/02/26)(b)(c)		1,940		1,877,798
2.19%, 06/05/26 (Call 06/05/25)(b)(c)		1,484		1,497,907
2.59%, 09/11/25 (Call 09/11/24)(a)(b)(c)		320		327,205
3.00%, 12/14/23 (Call 12/14/22)(a)(b)(c)		695		708,305
3.09%, 05/14/32 (Call 05/14/31)(b)(c)		1,528		1,548,581
3.57%, 01/09/23 (Call 01/09/22)(b)		975		977,704
3.75%, 03/26/25		2,220		2,366,267
3.80%, 06/09/23		1,055		1,098,981
3.87%, 01/12/29 (Call 01/12/28)(b)(c)		1,867		1,999,670
4.19%, 04/01/31 (Call 04/01/30)(b)(c)		2,095		2,304,349
4.21%, 06/12/24 (Call 06/12/23)(b)(c)		1,375		1,436,160
4.28%, 01/09/28 (Call 01/09/27)(a)(b)		1,482		1,616,064
4.55%, 04/17/26		1,645		1,816,736
4.88%, 05/15/45(a)		1,321		1,682,757
Danske Bank A/S
1.23%, 06/22/24 (Call 06/22/23)(b)		1,631		1,634,773
1.62%, 09/11/26 (Call 09/11/25)(b)(c)		759		750,821
3.24%, 12/20/25 (Call 12/20/24)(b)(c)		779		810,908
3.88%, 09/12/23(b)		485		507,266
4.38%, 06/12/28(a)(b)		590		659,778
5.38%, 01/12/24(b)		1,540		1,663,983
Danske Bank AS
0.98%, 09/10/25 (Call 09/10/24)(b)(c)		485		478,378
1.17%, 12/08/23 (Call 12/08/22)(b)(c)		465		465,205
1.55%, 09/10/27 (Call 09/10/26)(b)(c)		730		714,632
DBS Group Holdings Ltd.
1.19%, 03/15/27(a)(b)		35		34,438
4.52%, 12/11/28 (Call 12/11/23)(a)(b)(c)		505		537,248
Deutsche Bank AG, 4.10%, 01/13/26		94		101,497
Deutsche Bank AG/London, 3.70%, 05/30/24(a)		657		691,334

 9

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
Deutsche Bank AG/New York NY
0.90%, 05/28/24	$	435	$	432,049
1.45%, 04/01/25 (Call 04/01/24), (SOFR + 1.131%)(c)		325		323,833
1.69%, 03/19/26		630		628,598
2.13%, 11/24/26 (Call 11/24/25), (SOFR + 1.870%)(c)		1,235		1,238,061
2.22%, 09/18/24 (Call 09/18/23), (SOFR + 2.159%)(c)		1,130		1,146,061
2.31%, 11/16/27 (Call 11/16/26), (SOFR + 1.219%)(c)		850		848,560
3.04%, 05/28/32 (Call 05/28/31), (SOFR + 1.718%)(c)		1,175		1,180,543
3.55%, 09/18/31 (Call 09/18/30), (SOFR + 3.043%)(c)		1,140		1,203,304
3.70%, 05/30/24		989		1,037,532
3.95%, 02/27/23		690		713,984
3.96%, 11/26/25 (Call 11/26/24), (SOFR + 2.581%)(c)		1,430		1,516,568
4.10%, 01/13/26		475		510,774
Discover Bank
2.45%, 09/12/24 (Call 08/12/24)		1,230		1,260,486
2.70%, 02/06/30 (Call 11/06/29)(a)		680		695,801
3.35%, 02/06/23 (Call 01/06/23)		550		564,941
3.45%, 07/27/26 (Call 04/27/26)		780		827,722
4.20%, 08/08/23		785		828,454
4.25%, 03/13/26(a)		360		393,582
4.65%, 09/13/28 (Call 06/13/28)		980		1,120,380
4.68%, 08/09/28 (Call 08/09/23)(c)		450		472,219
DNB Bank ASA
0.86%, 09/30/25 (Call 09/30/24)(b)(c)		535		529,012
1.13%, 09/16/26 (Call 09/16/25)(b)(c)		575		564,607
1.54%, 05/25/27 (Call 05/25/26)(a)(b)(c)		675		666,262
1.61%, 03/30/28 (Call 03/30/27)(a)(b)(c)		645		633,544
2.15%, 12/02/22(a)(b)		850		863,921
Federation des Caisses Desjardins du Quebec
0.70%, 05/21/24(a)(b)		1,075		1,062,641
2.05%, 02/10/25(b)		905		921,975
Fifth Third Bancorp.
1.63%, 05/05/23 (Call 04/05/23)		386		390,498
1.71%, 11/01/27 (Call 11/01/26), (SOFR + 0.685%)(c)		400		396,258
2.38%, 01/28/25 (Call 12/28/24)		755		777,872
2.55%, 05/05/27 (Call 04/05/27)		649		671,102
3.65%, 01/25/24 (Call 12/25/23)		1,710		1,798,590
3.95%, 03/14/28 (Call 02/14/28)		358		397,616
4.30%, 01/16/24 (Call 12/16/23)		760		807,461
8.25%, 03/01/38		635		1,056,372
Fifth Third Bank NA
1.80%, 01/30/23 (Call 12/30/22)		425		430,095
2.25%, 02/01/27 (Call 01/01/27)		375		384,480
3.85%, 03/15/26 (Call 02/15/26)		761		825,236
3.95%, 07/28/25 (Call 06/28/25)		325		355,367
First Citizens BancShares Inc./NC, 3.38%, 03/15/30
(Call 03/15/25), (SOFR + 2.465%)(c)		450		458,817
First Horizon Bank, 5.75%, 05/01/30 (Call 02/01/30)(a)		420		506,226
First Horizon Corp.
3.55%, 05/26/23 (Call 04/26/23)		220		227,320
4.00%, 05/26/25 (Call 04/26/25)		290		310,910
First Republic Bank/CA
1.91%, 02/12/24 (Call 02/12/23), (SOFR + 0.620%)(c)		381		385,740
4.38%, 08/01/46 (Call 02/01/46)		380		465,113
4.63%, 02/13/47 (Call 08/13/46)		395		502,827
FNB Corp./PA, 2.20%, 02/24/23 (Call 01/24/23)		100		101,158
Goldman Sachs Group Inc. (The)
0.66%, 09/10/24 (Call 09/10/23), (SOFR + 0.505%)(c)		1,625		1,612,428
0.67%, 03/08/24 (Call 03/08/23), (SOFR + 0.572%)(c)		1,310		1,305,152
0.86%, 02/12/26 (Call 02/12/25), (SOFR + 0.609%)(c)		911		891,393

Security	Par (000)		Value
Banks (continued)
0.93%, 10/21/24 (Call 10/21/23), (SOFR + 0.486%)(c)	$	1,000	$	996,310
1.09%, 12/09/26 (Call 12/09/25), (SOFR + 0.789%)(c)		793		771,074
1.43%, 03/09/27 (Call 03/09/26), (SOFR + 0.798%)(c)		2,400		2,352,974
1.54%, 09/10/27 (Call 09/10/26), (SOFR + 0.818%)(c)		2,110		2,065,833
1.95%, 10/21/27 (Call 10/21/26), (SOFR + 0.913%)(c)		1,625		1,621,231
1.99%, 01/27/32 (Call 01/27/31), (SOFR + 1.090%)(c)		1,928		1,845,867
2.38%, 07/21/32 (Call 07/21/31), (SOFR + 1.248%)(c)		2,735		2,683,558
2.60%, 02/07/30 (Call 11/07/29)(a)		985		998,364
2.62%, 04/22/32 (Call 04/22/31), (SOFR + 1.281%)(c)		1,993		1,996,929
2.65%, 10/21/32 (Call 10/21/31), (SOFR + 1.264%)(c)		2,680		2,686,260
2.91%, 07/21/42 (Call 07/21/41), (SOFR + 1.472%)(c)		1,219		1,213,490
3.20%, 02/23/23 (Call 01/23/23)(a)		520		534,195
3.21%, 04/22/42 (Call 04/22/41), (SOFR + 1.513%)(c)		1,714		1,770,914
3.27%, 09/29/25 (Call 09/29/24),
(3 mo. LIBOR US + 1.201%)(c)		2,054		2,154,546
3.50%, 01/23/25 (Call 10/23/24)		2,090		2,210,352
3.50%, 04/01/25 (Call 03/01/25)		2,598		2,754,867
3.50%, 11/16/26 (Call 11/16/25)		2,314		2,464,423
3.63%, 01/22/23		1,278		1,319,705
3.63%, 02/20/24 (Call 01/20/24)(a)		1,491		1,570,610
3.69%, 06/05/28 (Call 06/05/27),
(3 mo. LIBOR US + 1.510%)(c)		1,963		2,115,301
3.75%, 05/22/25 (Call 02/22/25)		1,604		1,715,254
3.75%, 02/25/26 (Call 11/25/25)		1,067		1,149,193
3.80%, 03/15/30 (Call 12/15/29)		2,554		2,800,028
3.81%, 04/23/29 (Call 04/23/28),
(3 mo. LIBOR US + 1.158%)(c)		855		931,164
3.85%, 07/08/24 (Call 04/08/24)		2,028		2,151,534
3.85%, 01/26/27 (Call 01/26/26)		2,245		2,406,208
4.00%, 03/03/24		2,389		2,536,815
4.02%, 10/31/38 (Call 10/31/37),
(3 mo. LIBOR US + 1.373%)(c)		1,860		2,123,596
4.22%, 05/01/29 (Call 05/01/28),
(3 mo. LIBOR US + 1.301%)(c)		2,811		3,116,865
4.25%, 10/21/25		1,686		1,833,415
4.41%, 04/23/39 (Call 04/23/38),
(3 mo. LIBOR US + 1.430%)(c)		1,105		1,319,066
4.75%, 10/21/45 (Call 04/21/45)		1,137		1,479,451
4.80%, 07/08/44 (Call 01/08/44)		1,267		1,620,977
5.15%, 05/22/45		1,590		2,078,502
5.95%, 01/15/27		1,555		1,835,866
6.13%, 02/15/33		1,085		1,432,758
6.25%, 02/01/41		2,037		2,956,036
6.45%, 05/01/36		1,103		1,506,249
6.75%, 10/01/37		4,170		5,889,206
Hana Bank, 3.50%, 01/30/24(b)		825		869,271
HBOS PLC, 6.00%, 11/01/33(a)(b)		141		190,169
HSBC Bank PLC, 7.65%, 05/01/25		150		176,716
HSBC Bank USA N.A., 7.00%, 01/15/39		505		778,368
HSBC Bank USA N.A./New York NY
5.63%, 08/15/35(a)		505		644,646
5.88%, 11/01/34		240		308,916
HSBC Capital Funding Dollar 1 LP, 10.18%,
(Call 06/30/30)(b)(c)(d)		355		573,325
HSBC Holdings PLC
0.73%, 08/17/24 (Call 08/17/23), (SOFR + 0.534%)(c)		1,040		1,032,589
0.98%, 05/24/25 (Call 05/24/24), (SOFR + 0.708%)(c)		1,537		1,519,701
1.16%, 11/22/24 (Call 11/22/23), (SOFR + 0.580%)(c)		400		399,368
1.59%, 05/24/27 (Call 05/24/26), (SOFR + 1.290%)(a)(c)		1,068		1,043,438
1.65%, 04/18/26 (Call 04/18/25), (SOFR + 1.538%)(c)		1,842		1,833,517

10

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
2.01%, 09/22/28 (Call 09/22/27), (SOFR + 1.732%)(c)	$	290	$	283,334
2.10%, 06/04/26 (Call 06/04/25), (SOFR + 1.929%)(c)		1,275		1,282,984
2.21%, 08/17/29 (Call 08/17/28), (SOFR + 1.285%)(c)		825		807,621
2.25%, 11/22/27 (Call 11/22/26), (SOFR + 1.100%)(c)		940		942,169
2.36%, 08/18/31 (Call 08/18/30), (SOFR + 1.947%)(c)		1,005		982,668
2.63%, 11/07/25 (Call 11/07/24), (SOFR + 1.401%)(c)		1,686		1,732,459
2.80%, 05/24/32 (Call 05/24/31), (SOFR + 1.187%)(c)		1,542		1,542,370
2.85%, 06/04/31 (Call 06/04/30), (SOFR + 2.387%)(c)		1,927		1,950,697
2.87%, 11/22/32 (Call 11/22/31), (SOFR + 1.410%)(c)		1,590		1,592,095
3.60%, 05/25/23		432		449,652
3.80%, 03/11/25 (Call 03/11/24),
(3 mo. LIBOR US + 1.211%)(a)(c)		2,104		2,215,253
3.90%, 05/25/26		2,170		2,345,842
3.95%, 05/18/24 (Call 05/18/23),
(3 mo. LIBOR US + 0.987%)(c)		2,295		2,387,022
3.97%, 05/22/30 (Call 05/22/29),
(3 mo. LIBOR US + 1.610%)(a)(c)		2,907		3,169,200
4.04%, 03/13/28 (Call 03/13/27),
(3 mo. LIBOR US + 1.546%)(a)(c)		2,061		2,225,564
4.25%, 03/14/24		1,833		1,943,987
4.25%, 08/18/25(a)		1,184		1,276,361
4.29%, 09/12/26 (Call 09/12/25),
(3 mo. LIBOR US + 1.348%)(c)		1,771		1,917,885
4.30%, 03/08/26		2,227		2,441,702
4.38%, 11/23/26(a)		1,137		1,243,328
4.58%, 06/19/29 (Call 06/19/28),
(3 mo. LIBOR US + 1.535%)(c)		2,676		2,997,943
4.95%, 03/31/30		1,685		1,981,244
5.25%, 03/14/44(a)		856		1,109,948
6.10%, 01/14/42(a)		505		722,795
6.50%, 05/02/36(a)		1,540		2,095,279
6.50%, 09/15/37		1,951		2,702,559
6.80%, 06/01/38		1,424		2,036,677
7.63%, 05/17/32		797		1,112,655
HSBC USA Inc.
3.50%, 06/23/24		620		656,493
7.20%, 07/15/97		70		130,634
Huntington Bancshares Inc./OH
2.49%, 08/15/36 (Call 08/15/31)(b)(c)		725		697,337
2.55%, 02/04/30 (Call 11/04/29)(a)		655		667,148
2.63%, 08/06/24 (Call 07/06/24)		1,175		1,215,460
4.00%, 05/15/25 (Call 04/15/25)		419		453,184
Huntington National Bank (The), 3.55%, 10/06/23
(Call 09/06/23)		1,035		1,083,494
ICICI Bank Ltd./Dubai
3.80%, 12/14/27(b)		245		261,739
4.00%, 03/18/26(b)		770		825,869
Industrial & Commercial Bank of China Ltd., 4.88%,
09/21/25(b)		2,570		2,823,270
Industrial & Commercial Bank of China Ltd./New York NY,
3.54%, 11/08/27		273		297,741
ING Bank NV, 5.80%, 09/25/23(b)		260		281,906
ING Groep NV
1.40%, 07/01/26 (Call 07/01/25)(a)(b)(c)		510		505,266
1.73%, 04/01/27 (Call 04/01/26), (SOFR + 1.005%)(a)(c)		564		561,651
2.73%, 04/01/32 (Call 04/01/31), (SOFR + 1.316%)(c)		840		855,585
3.55%, 04/09/24		1,236		1,303,531
3.95%, 03/29/27		1,024		1,120,532
4.05%, 04/09/29		554		623,104
4.10%, 10/02/23		1,530		1,615,618

Security	Par (000)		Value
Banks (continued)
4.55%, 10/02/28(a)	$	1,377	$	1,588,547
4.63%, 01/06/26(a)(b)		1,436		1,604,681
Intesa Sanpaolo SpA
3.38%, 01/12/23(b)		715		733,241
3.88%, 07/14/27(b)		405		433,547
3.88%, 01/12/28(b)		271		288,174
JPMorgan Chase & Co.
0.56%, 02/16/25 (Call 02/16/24), (SOFR + 0.420%)(c)		350		346,184
0.65%, 09/16/24 (Call 09/16/23), (SOFR + 0.600%)(c)		1,349		1,340,992
0.70%, 03/16/24 (Call 03/16/23), (SOFR + 0.580%)(c)		1,322		1,320,212
0.77%, 08/09/25 (Call 08/09/24), (SOFR + 0.490%)(c)		1,075		1,060,288
0.82%, 06/01/25 (Call 06/01/24), (SOFR + 0.540%)(c)		1,310		1,294,355
0.97%, 06/23/25 (Call 06/23/24), (SOFR + 0.580%)(c)		1,055		1,047,134
1.04%, 02/04/27 (Call 02/04/26), (SOFR + 0.695%)(c)		387		375,552
1.05%, 11/19/26 (Call 11/19/25), (SOFR + 0.800%)(c)		2,200		2,139,120
1.47%, 09/22/27 (Call 09/22/26), (SOFR + 0.765%)(c)		1,100		1,078,945
1.51%, 06/01/24 (Call 06/01/23), (SOFR + 1.455%)(c)		1,855		1,869,821
1.58%, 04/22/27 (Call 04/22/26), (SOFR + 0.885%)(c)		905		894,070
1.76%, 11/19/31 (Call 11/19/30), (SOFR + 1.105%)(a)(c)		1,566		1,480,525
1.95%, 02/04/32 (Call 02/04/31), (SOFR + 1.065%)(c)		498		477,410
2.01%, 03/13/26 (Call 03/13/25), (SOFR + 1.585%)(c)		1,871		1,896,474
2.07%, 06/01/29 (Call 06/01/28), (SOFR + 1.015%)(c)		770		760,574
2.08%, 04/22/26 (Call 04/22/25), (SOFR + 1.850%)(c)		1,618		1,645,608
2.18%, 06/01/28 (Call 06/01/27), (SOFR + 1.890%)(c)		1,438		1,441,208
2.30%, 10/15/25 (Call 10/15/24), (SOFR + 1.160%)(c)		1,068		1,092,198
2.52%, 04/22/31 (Call 04/22/30), (SOFR + 2.040%)(c)		2,145		2,165,077
2.53%, 11/19/41 (Call 11/19/40), (SOFR + 1.510%)(c)		985		935,286
2.55%, 11/08/32 (Call 11/08/31), (SOFR + 1.180%)(c)		1,860		1,869,391
2.58%, 04/22/32 (Call 04/22/31), (SOFR + 1.250%)(c)		1,813		1,828,281
2.70%, 05/18/23 (Call 03/18/23)		1,160		1,189,031
2.74%, 10/15/30 (Call 10/15/29), (SOFR + 1.510%)(c)		2,518		2,586,357
2.95%, 10/01/26 (Call 07/01/26)		2,867		3,022,568
2.96%, 05/13/31 (Call 05/13/30), (SOFR + 2.515%)(c)		2,685		2,773,248
2.97%, 01/15/23 (Call 01/15/22)		304		304,832
3.11%, 04/22/41 (Call 04/22/40), (SOFR + 2.460%)(c)		1,487		1,546,491
3.11%, 04/22/51 (Call 04/22/50), (SOFR + 2.440%)(c)		2,082		2,194,498
3.13%, 01/23/25 (Call 10/23/24)		1,945		2,045,139
3.16%, 04/22/42 (Call 04/22/41), (SOFR + 1.460%)(c)		1,848		1,935,331
3.20%, 01/25/23		397		408,850
3.20%, 06/15/26 (Call 03/15/26)		1,454		1,543,595
3.22%, 03/01/25 (Call 03/01/24),
(3 mo. LIBOR US + 1.155%)(c)		1,540		1,608,725
3.30%, 04/01/26 (Call 01/01/26)		1,730		1,844,637
3.33%, 04/22/52 (Call 04/22/51), (SOFR + 1.580%)(c)		3,003		3,272,019
3.38%, 05/01/23		507		525,197
3.51%, 01/23/29 (Call 01/23/28),
(3 mo. LIBOR US + 0.945%)(c)		2,074		2,229,654
3.54%, 05/01/28 (Call 05/01/27),
(3 mo. LIBOR US + 1.380%)(c)		2,218		2,381,179
3.56%, 04/23/24 (Call 04/23/23),
(3 mo. LIBOR US + 0.730%)(c)		1,413		1,465,015
3.63%, 05/13/24		1,246		1,321,251
3.63%, 12/01/27 (Call 12/01/26)		1,216		1,304,521
3.70%, 05/06/30 (Call 05/06/29),
(3 mo. LIBOR US + 1.160%)(c)		2,431		2,648,017
3.78%, 02/01/28 (Call 02/01/27),
(3 mo. LIBOR US + 1.337%)(c)		2,116		2,292,916
3.80%, 07/23/24 (Call 07/23/23),
(3 mo. LIBOR US + 0.890%)(c)		2,141		2,237,689
3.88%, 02/01/24		1,422		1,509,649

 11

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
3.88%, 09/10/24	$	2,570	$	2,742,260
3.88%, 07/24/38 (Call 07/24/37),
(3 mo. LIBOR US + 1.360%)(c)		1,347		1,543,448
3.90%, 07/15/25 (Call 04/15/25)		1,347		1,454,984
3.90%, 01/23/49 (Call 01/23/48),
(3 mo. LIBOR US + 1.220%)(c)		1,813		2,121,349
3.96%, 01/29/27 (Call 01/29/26),
(3 mo. LIBOR US + 1.245%)(c)		1,726		1,874,285
3.96%, 11/15/48 (Call 11/15/47),
(3 mo. LIBOR US + 1.380%)(c)		2,913		3,464,826
4.01%, 04/23/29 (Call 04/23/28),
(3 mo. LIBOR US + 1.120%)(c)		1,974		2,179,851
4.02%, 12/05/24 (Call 12/05/23),
(3 mo. LIBOR US + 1.000%)(c)		2,224		2,349,933
4.03%, 07/24/48 (Call 07/24/47),
(3 mo. LIBOR US + 1.460%)(c)		1,343		1,606,502
4.13%, 12/15/26		1,950		2,155,317
4.20%, 07/23/29 (Call 07/23/28),
(3 mo. LIBOR US + 1.260%)(c)		1,944		2,173,032
4.25%, 10/01/27		1,537		1,717,173
4.26%, 02/22/48 (Call 02/22/47),
(3 mo. LIBOR US + 1.580%)(a)(c)		1,657		2,050,676
4.45%, 12/05/29 (Call 12/05/28),
(3 mo. LIBOR US + 1.330%)(a)(c)		616		699,985
4.49%, 03/24/31 (Call 03/24/30), (SOFR + 3.790%)(c)		2,239		2,584,198
4.85%, 02/01/44		935		1,228,543
4.95%, 06/01/45		1,784		2,364,111
5.40%, 01/06/42		970		1,338,548
5.50%, 10/15/40		1,030		1,403,844
5.60%, 07/15/41		1,351		1,891,909
5.63%, 08/16/43		1,011		1,416,753
6.40%, 05/15/38		1,836		2,664,015
7.63%, 10/15/26		1,053		1,335,310
8.00%, 04/29/27		1,082		1,407,762
8.75%, 09/01/30		137		206,019
KeyBank N.A./Cleveland OH
0.42%, 01/03/24 (Call 01/03/23), (SOFR + 0.340%)(c)		635		633,030
0.43%, 06/14/24 (Call 06/14/23), (SOFR + 0.320%)(c)		1,447		1,438,043
1.25%, 03/10/23		493		496,697
3.30%, 06/01/25		292		312,502
3.38%, 03/07/23		200		206,865
3.40%, 05/20/26(a)		570		612,659
3.90%, 04/13/29		360		399,223
KeyCorp.
2.25%, 04/06/27		918		938,247
2.55%, 10/01/29		703		723,533
4.10%, 04/30/28		695		792,136
4.15%, 10/29/25		161		177,005
Kookmin Bank, 1.75%, 05/04/25(b)		390		395,057
Lloyds Bank PLC, 12.00%, (Call 12/16/24)(a)(b)(c)(d)		930		943,950
Lloyds Banking Group PLC
0.70%, 05/11/24 (Call 05/11/23),
(1 year CMT + 0.550%)(c)		195		194,303
1.63%, 05/11/27 (Call 05/11/26)(c)		460		452,623
2.44%, 02/05/26 (Call 02/05/25)(c)		1,215		1,248,044
3.57%, 11/07/28 (Call 11/07/27),
(3 mo. LIBOR US + 1.205%)(c)		1,005		1,074,059
3.75%, 01/11/27		1,175		1,271,005
3.87%, 07/09/25 (Call 07/09/24)(c)		1,393		1,479,233
3.90%, 03/12/24		620		657,902

Security	Par (000)		Value
Banks (continued)
4.05%, 08/16/23	$	750	$	790,122
4.34%, 01/09/48		1,100		1,308,978
4.38%, 03/22/28		1,455		1,634,329
4.45%, 05/08/25		1,532		1,674,705
4.55%, 08/16/28		1,115		1,277,428
4.58%, 12/10/25		1,398		1,533,296
4.65%, 03/24/26		855		943,761
5.30%, 12/01/45(a)		615		826,946
M&T Bank Corp., 3.55%, 07/26/23 (Call 06/26/23)		343		356,788
Macquarie Bank Ltd.
2.30%, 01/22/25(a)(b)		970		998,577
3.05%, 03/03/36 (Call 03/03/31)(a)(b)(c)		735		725,168
3.62%, 06/03/30(b)		565		585,250
3.90%, 01/15/26(b)		840		917,026
4.00%, 07/29/25(b)		360		392,061
4.88%, 06/10/25(a)(b)		450		494,248
Macquarie Group Ltd.
1.20%, 10/14/25 (Call 10/14/24)(b)(c)		500		496,179
1.34%, 01/12/27 (Call 01/12/26)(b)(c)		547		535,050
1.63%, 09/23/27 (Call 09/23/26)(b)(c)		1,150		1,130,145
1.94%, 04/14/28 (Call 04/14/27)(b)(c)		500		493,075
2.69%, 06/23/32 (Call 06/23/31)(a)(b)(c)		665		661,645
2.87%, 01/14/33 (Call 01/14/32)(a)(b)(c)		625		626,299
3.76%, 11/28/28 (Call 11/28/27)(a)(b)(c)		181		196,351
4.15%, 03/27/24 (Call 03/27/23)(b)(c)		494		513,960
4.65%, 03/27/29 (Call 03/27/28)(b)(c)		410		464,111
5.03%, 01/15/30 (Call 01/15/29)(b)(c)		735		857,004
Manufacturers & Traders Trust Co.
2.90%, 02/06/25 (Call 01/06/25)		467		491,634
3.40%, 08/17/27		310		333,544
Mitsubishi UFJ Financial Group Inc.
0.85%, 09/15/24 (Call 09/15/23)(c)		840		837,783
0.95%, 07/19/25 (Call 07/19/24)(c)		1,624		1,607,772
0.96%, 10/11/25 (Call 10/11/24)(c)		420		415,067
1.41%, 07/17/25		1,060		1,055,374
1.54%, 07/20/27 (Call 07/20/26)(c)		1,475		1,453,608
1.64%, 10/13/27 (Call 10/13/26)(c)		300		296,649
2.05%, 07/17/30		980		955,710
2.19%, 02/25/25		2,614		2,680,359
2.31%, 07/20/32 (Call 07/20/31)(c)		1,435		1,417,667
2.49%, 10/13/32 (Call 10/13/31)(c)		505		506,793
2.53%, 09/13/23(a)		915		942,596
2.56%, 02/25/30		884		901,819
2.76%, 09/13/26		1,325		1,382,171
2.80%, 07/18/24		1,425		1,484,098
3.20%, 07/18/29		1,726		1,825,717
3.29%, 07/25/27		376		402,827
3.41%, 03/07/24		2,070		2,175,261
3.46%, 03/02/23		408		421,735
3.68%, 02/22/27		854		930,964
3.74%, 03/07/29		851		934,505
3.75%, 07/18/39		1,091		1,236,893
3.76%, 07/26/23		1,915		2,007,467
3.78%, 03/02/25		537		577,926
3.85%, 03/01/26		1,085		1,180,053
3.96%, 03/02/28		758		843,165
4.05%, 09/11/28		850		956,303
4.15%, 03/07/39(a)		293		351,229
4.29%, 07/26/38(a)		386		466,294

12

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
Mizuho Bank Ltd.
3.60%, 09/25/24(a)(b)	$	760	$	809,003
3.75%, 04/16/24(a)(b)		200		212,034
Mizuho Financial Group Cayman 3 Ltd., 4.60%,
03/27/24(a)(b)		1,075		1,147,036
Mizuho Financial Group Inc.
0.85%, 09/08/24 (Call 09/08/23), (SOFR + 0.872%)(c)		890		887,301
1.23%, 05/22/27 (Call 05/22/26)(c)		1,255		1,218,466
1.24%, 07/10/24 (Call 07/10/23), (SOFR + 1.252%)(a)(c)		1,221		1,226,096
1.55%, 07/09/27 (Call 07/09/26)(c)		753		740,304
1.98%, 09/08/31 (Call 09/08/30), (SOFR + 1.532%)(a)(c)		320		307,965
2.17%, 05/22/32 (Call 05/22/31)(c)		383		375,059
2.20%, 07/10/31 (Call 07/10/30), (SOFR + 1.772%)(c)		877		858,483
2.23%, 05/25/26 (Call 05/25/25),
(3 mo. LIBOR US + 0.830%)(c)		425		431,964
2.26%, 07/09/32 (Call 07/09/31)(a)(c)		626		616,008
2.56%, 09/13/25 (Call 09/13/24), (SOFR + 1.362%)(c)		314		323,593
2.56%, 09/13/31		640		630,664
2.59%, 05/25/31 (Call 05/25/30),
(3 mo. LIBOR US + 1.070%)(c)		445		451,798
2.84%, 07/16/25 (Call 07/16/24), (SOFR + 1.242%)(c)		921		955,344
2.84%, 09/13/26		1,014		1,062,030
2.87%, 09/13/30 (Call 09/13/29), (SOFR + 1.572%)(c)		420		435,523
3.15%, 07/16/30 (Call 07/16/29),
(3 mo. LIBOR US + 1.130%)(c)		824		871,775
3.17%, 09/11/27		1,285		1,361,761
3.48%, 04/12/26(a)(b)		1,165		1,249,279
3.55%, 03/05/23		470		486,569
3.66%, 02/28/27		640		693,465
3.92%, 09/11/24 (Call 09/11/23),
(3 mo. LIBOR US + 1.000%)(c)		1,095		1,150,816
4.02%, 03/05/28(a)		165		183,928
4.25%, 09/11/29 (Call 09/11/28),
(3 mo. LIBOR US + 1.270%)(c)		605		678,538
4.35%, 10/20/25(a)(b)		200		217,180
Morgan Stanley
0.53%, 01/25/24 (Call 01/25/23), (SOFR + 0.455%)(c)		3,218		3,205,350
0.73%, 04/05/24 (Call 04/05/23), (SOFR + 0.610%)(c)		553		551,589
0.79%, 01/22/25 (Call 01/22/24), (SOFR + 0.590%)(c)		1,885		1,864,345
0.79%, 05/30/25 (Call 05/30/24), (SOFR + 0.525%)(c)		1,215		1,196,421
0.99%, 12/10/26 (Call 12/10/25), (SOFR + 0.720%)(c)		1,940		1,876,260
1.16%, 10/21/25 (Call 10/21/24), (SOFR + 0.560%)(c)		1,850		1,835,278
1.51%, 07/20/27 (Call 07/20/26), (SOFR + 0.858%)(c)		2,025		1,986,257
1.59%, 05/04/27 (Call 05/04/26), (SOFR + 0.879%)(c)		1,150		1,137,022
1.79%, 02/13/32 (Call 02/13/31), (SOFR + 1.034%)(c)		2,023		1,916,257
1.93%, 04/28/32 (Call 04/28/31), (SOFR + 1.020%)(c)		1,939		1,852,321
2.19%, 04/28/26 (Call 04/28/25), (SOFR + 1.990%)(c)		1,794		1,830,387
2.24%, 07/21/32 (Call 07/21/31), (SOFR + 1.178%)(c)		2,520		2,469,498
2.48%, 09/16/36 (Call 09/16/31), (SOFR + 1.360%)(c)		1,130		1,093,511
2.51%, 10/20/32 (Call 10/20/31), (SOFR + 1.200%)(c)		1,100		1,103,574
2.70%, 01/22/31 (Call 01/22/30), (SOFR + 1.143%)(c)		2,297		2,358,498
2.72%, 07/22/25 (Call 07/22/24), (SOFR + 1.152%)(c)		1,278		1,318,864
2.80%, 01/25/52 (Call 01/25/51), (SOFR + 1.430%)(c)		1,848		1,836,292
3.13%, 01/23/23(a)		1,407		1,445,544
3.13%, 07/27/26(a)		2,533		2,683,805
3.22%, 04/22/42 (Call 04/22/41), (SOFR + 1.485%)(c)		1,597		1,683,880
3.59%, 07/22/28 (Call 07/22/27),
(3 mo. LIBOR US + 1.340%)(c)		1,882		2,024,609
3.62%, 04/01/31 (Call 04/01/30), (SOFR + 3.120%)(c)		2,443		2,667,231
3.63%, 01/20/27		2,801		3,031,441

Security	Par (000)		Value
Banks (continued)
3.70%, 10/23/24	$	2,914	$	3,106,149
3.74%, 04/24/24 (Call 04/24/23),
(3 mo. LIBOR US + 0.847%)(c)		2,067		2,144,618
3.75%, 02/25/23		666		690,788
3.77%, 01/24/29 (Call 01/24/28),
(3 mo. LIBOR US + 1.140%)(c)		514		560,961
3.88%, 01/27/26		2,492		2,703,988
3.95%, 04/23/27		1,980		2,163,449
3.97%, 07/22/38 (Call 07/22/37),
(3 mo. LIBOR US + 1.455%)(c)		1,623		1,867,307
4.00%, 07/23/25		1,678		1,820,318
4.10%, 05/22/23		1,776		1,856,393
4.30%, 01/27/45		2,008		2,483,485
4.35%, 09/08/26		1,958		2,167,197
4.38%, 01/22/47		2,291		2,916,881
4.43%, 01/23/30 (Call 01/23/29),
(3 mo. LIBOR US + 1.628%)(c)		1,865		2,126,484
4.46%, 04/22/39 (Call 04/22/38),
(3 mo. LIBOR US + 1.431%)(c)		612		740,977
5.00%, 11/24/25		1,780		1,989,920
5.60%, 03/24/51 (Call 03/24/50), (SOFR + 4.480%)(a)(c)		1,615		2,461,115
6.25%, 08/09/26		990		1,187,994
6.38%, 07/24/42		1,588		2,416,347
7.25%, 04/01/32		978		1,400,591
Series F, 3.88%, 04/29/24		2,639		2,802,682
Series I, 0.86%, 10/21/25 (Call 10/21/24),
(SOFR + 0.745%)(c)		959		943,157
MUFG Bank Ltd.
3.25%, 09/08/24(a)(b)		475		501,012
4.70%, 03/10/44(a)(b)		300		396,052
MUFG Union Bank N.A., 2.10%, 12/09/22 (Call 11/09/22)		455		461,637
National Australia Bank Ltd.
2.33%, 08/21/30(a)(b)		1,365		1,310,650
2.65%, 01/14/41(a)(b)		700		666,117
2.99%, 05/21/31(b)		1,140		1,146,306
3.50%, 01/10/27(b)		630		685,572
3.93%, 08/02/34 (Call 08/02/29)(a)(b)(c)		1,176		1,260,363
National Australia Bank Ltd./New York
1.88%, 12/13/22		505		512,357
2.50%, 07/12/26(a)		893		934,998
2.88%, 04/12/23		430		443,460
3.00%, 01/20/23		455		467,751
3.38%, 01/14/26		665		718,944
3.63%, 06/20/23		413		432,219
National Bank of Canada
0.55%, 11/15/24 (Call 11/15/23)(a)(c)		872		863,728
0.75%, 08/06/24		880		869,942
2.10%, 02/01/23		265		269,201
National Securities Clearing Corp.
0.40%, 12/07/23 (Call 11/07/23)(b)		701		695,992
0.75%, 12/07/25 (Call 11/07/25)(a)(b)		60		58,642
1.20%, 04/23/23(b)		495		498,902
1.50%, 04/23/25 (Call 03/23/25)(b)		320		322,696
Natwest Group PLC
1.64%, 06/14/27 (Call 06/14/26)(c)		1,195		1,177,120
2.36%, 05/22/24 (Call 05/22/23)(c)		1,646		1,677,201
3.03%, 11/28/35 (Call 08/28/30)(c)		690		682,888
3.07%, 05/22/28 (Call 05/22/27)(c)		542		564,577
3.75%, 11/01/29 (Call 11/01/24)(c)		570		597,010
3.88%, 09/12/23		1,319		1,378,810

 13

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
4.27%, 03/22/25 (Call 03/22/24),
(3 mo. LIBOR US + 1.762%)(c)	$	1,980	$	2,104,973
4.45%, 05/08/30 (Call 05/08/29),
(3 mo. LIBOR US + 1.871%)(c)		1,035		1,171,690
4.52%, 06/25/24 (Call 06/25/23),
(3 mo. LIBOR US + 1.550%)(c)		1,285		1,352,287
4.80%, 04/05/26		1,103		1,229,341
4.89%, 05/18/29 (Call 05/18/28),
(3 mo. LIBOR US + 1.754%)(c)		895		1,028,664
5.08%, 01/27/30 (Call 01/27/29),
(3 mo. LIBOR US + 1.905%)(c)		1,571		1,829,767
5.13%, 05/28/24		980		1,060,117
6.00%, 12/19/23		1,004		1,094,797
6.10%, 06/10/23		100		107,136
NatWest Markets PLC
0.80%, 08/12/24(b)		940		927,279
2.38%, 05/21/23(b)		570		582,665
NBK SPC Ltd., 1.63%, 09/15/27 (Call 09/15/26)(b)(c)		115		112,105
NBK Tier 1 Financing 2 Ltd., 4.50%, (Call 08/27/25)(b)(c)(d)		379		387,982
NBK Tier 1 Ltd., 3.63%, (Call 08/24/26)(b)(c)(d)		25		24,739
NongHyup Bank
0.88%, 07/28/24(b)		100		99,606
1.25%, 07/28/26(b)		75		74,161
Nordea Bank Abp
0.63%, 05/24/24(a)(b)		678		670,927
0.75%, 08/28/25(a)(b)		727		713,026
1.00%, 06/09/23(b)		665		667,877
1.50%, 09/30/26(a)(b)		660		649,438
3.75%, 08/30/23(b)		726		762,028
4.63%, 09/13/33 (Call 09/13/28)(b)(c)		245		272,486
Norinchukin Bank (The)
1.28%, 09/22/26(a)(b)		1,775		1,760,247
2.08%, 09/22/31(b)		1,240		1,240,709
Northern Trust Corp.
1.95%, 05/01/30 (Call 02/01/30)		891		889,516
3.15%, 05/03/29 (Call 02/03/29)		247		267,339
3.38%, 05/08/32 (Call 05/08/27),
(3 mo. LIBOR US + 1.131%)(c)		354		374,437
3.65%, 08/03/28 (Call 05/03/28)(a)		389		436,922
3.95%, 10/30/25		435		479,249
Oversea-Chinese Banking Corp. Ltd.
1.83%, 09/10/30 (Call 09/10/25)(b)(c)		530		526,078
4.25%, 06/19/24(b)		847		906,459
Pacific Western Bank, 3.25%, 05/01/31 (Call 05/01/26),
(SOFR + 2.520%)(c)		100		101,129
People’s United Bank N.A., 4.00%, 07/15/24
(Call 04/16/24)		260		273,708
PNC Bank N.A.
2.70%, 10/22/29		795		825,627
2.95%, 01/30/23 (Call 12/30/22)		520		532,733
2.95%, 02/23/25 (Call 01/24/25)		502		529,417
3.10%, 10/25/27 (Call 09/25/27)(a)		686		735,050
3.25%, 06/01/25 (Call 05/02/25)		770		821,168
3.25%, 01/22/28 (Call 12/23/27)		170		183,879
3.30%, 10/30/24 (Call 09/30/24)		452		479,839
3.50%, 06/08/23 (Call 05/09/23)		100		104,103
3.80%, 07/25/23 (Call 06/25/23)		435		454,693
4.05%, 07/26/28		765		864,460
4.20%, 11/01/25 (Call 10/02/25)		425		469,325

Security	Par (000)		Value
Banks (continued)
PNC Financial Services Group Inc. (The)
1.15%, 08/13/26 (Call 07/13/26)	$	560	$	551,924
2.20%, 11/01/24 (Call 10/02/24)		498		514,432
2.31%, 04/23/32 (Call 04/23/31), (SOFR + 0.979%)(c)		920		924,717
2.55%, 01/22/30 (Call 10/24/29)		1,344		1,385,077
2.60%, 07/23/26 (Call 05/23/26)		807		845,896
3.15%, 05/19/27 (Call 04/19/27)(a)		1,422		1,533,059
3.45%, 04/23/29 (Call 01/23/29)		935		1,020,348
3.50%, 01/23/24 (Call 12/23/23)		1,327		1,393,756
3.90%, 04/29/24 (Call 03/29/24)(a)		967		1,029,584
Regions Bank/Birmingham AL, 6.45%, 06/26/37		350		496,761
Regions Financial Corp.
1.80%, 08/12/28 (Call 06/12/28)		705		691,000
2.25%, 05/18/25 (Call 04/18/25)		585		600,873
7.38%, 12/10/37		399		603,983
Royal Bank of Canada
0.43%, 01/19/24		429		424,938
0.50%, 10/26/23(a)		82		81,443
0.65%, 07/29/24		1,355		1,338,019
0.75%, 10/07/24		945		934,429
0.88%, 01/20/26		761		741,160
1.15%, 06/10/25		1,168		1,157,793
1.15%, 07/14/26		857		840,230
1.20%, 04/27/26		1,190		1,172,217
1.40%, 11/02/26		925		911,426
1.60%, 04/17/23		846		856,884
2.25%, 11/01/24		1,259		1,297,322
2.30%, 11/03/31		500		502,750
2.55%, 07/16/24		1,265		1,311,684
3.70%, 10/05/23		1,300		1,366,102
4.65%, 01/27/26		1,146		1,271,890
Santander Holdings USA Inc.
3.24%, 10/05/26 (Call 08/05/26)		908		950,070
3.40%, 01/18/23 (Call 12/18/22)		215		220,377
3.45%, 06/02/25 (Call 05/02/25)		971		1,024,440
3.50%, 06/07/24 (Call 05/07/24)		1,245		1,302,894
4.40%, 07/13/27 (Call 04/14/27)		1,056		1,164,569
4.50%, 07/17/25 (Call 04/17/25)		637		691,123
Santander UK Group Holdings PLC
1.09%, 03/15/25 (Call 03/15/24), (SOFR + 0.787%)(c)		130		128,852
1.53%, 08/21/26 (Call 08/21/25)(c)		1,612		1,591,285
2.90%, 03/15/32 (Call 03/15/31), (SOFR + 1.475%)(c)		630		637,351
3.37%, 01/05/24 (Call 01/05/23),
(3 mo. LIBOR US + 1.080%)(c)		1,129		1,158,091
3.57%, 01/10/23 (Call 01/10/22)		523		524,561
3.82%, 11/03/28 (Call 11/03/27),
(3 mo. LIBOR US + 1.400%)(c)		740		793,988
4.75%, 09/15/25(b)		200		218,547
4.80%, 11/15/24 (Call 11/15/23),
(3 mo. LIBOR US + 1.570%)(c)		1,314		1,404,838
5.63%, 09/15/45(a)(b)		407		538,376
Santander UK Group Holdings PLC., 1.67%, 06/14/27
(Call 06/14/26), (SOFR + 0.989%)(c)		978		959,240
Santander UK PLC
4.00%, 03/13/24		1,330		1,414,851
5.00%, 11/07/23(b)		211		226,055
Shinhan Bank Co. Ltd.
3.75%, 09/20/27(b)		200		215,253
3.88%, 11/05/23(b)		200		211,778
4.00%, 04/23/29(b)		430		474,582

14

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
Shinhan Financial Group Co. Ltd.
1.35%, 01/10/26(a)(b)	$	200	$	197,708
2.88%, (Call 05/12/26)(b)(c)(d)		105		103,157
Signature Bank/New York NY, 4.00%, 10/15/30
(Call 10/15/25)(c)		335		354,666
Skandinaviska Enskilda Banken AB
0.55%, 09/01/23(a)(b)		755		752,599
0.85%, 09/02/25(a)(b)		665		652,292
2.20%, 12/12/22(a)(b)		205		208,395
Societe Generale SA
1.49%, 12/14/26 (Call 12/14/25)(b)(c)		1,690		1,651,608
1.79%, 06/09/27 (Call 06/09/26)(b)(c)		1,129		1,108,363
2.63%, 10/16/24(b)		755		777,661
2.63%, 01/22/25(b)		790		812,273
2.89%, 06/09/32 (Call 06/09/31)(b)(c)		680		679,328
3.00%, 01/22/30(a)(b)		458		472,310
3.63%, 03/01/41(b)		545		561,260
3.65%, 07/08/35 (Call 07/08/30)(a)(b)(c)		286		295,249
3.88%, 03/28/24(b)		1,080		1,142,550
4.00%, 01/12/27(b)		420		451,966
4.25%, 09/14/23(a)(b)		810		856,244
4.25%, 04/14/25(b)		960		1,022,557
4.25%, 08/19/26(a)(b)		607		654,109
4.75%, 11/24/25(b)		195		212,259
4.75%, 09/14/28(b)		415		473,426
5.00%, 01/17/24(a)(b)		808		862,356
5.63%, 11/24/45(a)(b)		365		488,862
Standard Chartered PLC
0.99%, 01/12/25 (Call 01/12/24)(b)(c)		1,101		1,089,507
1.21%, 03/23/25 (Call 03/23/24)(b)(c)		879		873,988
1.46%, 01/14/27 (Call 01/14/26)(b)(c)		160		155,366
1.82%, 11/23/25 (Call 11/23/24)(b)(c)		1,340		1,340,098
2.68%, 06/29/32 (Call 06/29/31)(b)(c)		1,225		1,193,497
2.82%, 01/30/26 (Call 01/30/25)(b)(c)		1,448		1,486,644
3.20%, 04/17/25(a)(b)		800		835,080
3.27%, 02/18/36 (Call 11/18/30)(b)(c)		796		785,427
3.79%, 05/21/25 (Call 05/21/24)(b)(c)		978		1,030,028
3.89%, 03/15/24 (Call 03/15/23)(b)(c)		941		972,633
3.95%, 01/11/23(b)		702		721,648
4.05%, 04/12/26(b)		1,087		1,174,558
4.30%, 02/19/27(a)(b)		300		320,750
4.31%, 05/21/30 (Call 05/21/29)(a)(b)(c)		760		850,734
4.64%, 04/01/31 (Call 04/01/30)(b)(c)		2,350		2,661,767
4.87%, 03/15/33 (Call 03/15/28)(b)(c)		650		708,836
5.20%, 01/26/24(b)		1,045		1,118,275
5.30%, 01/09/43(a)(b)		345		423,076
5.70%, 03/26/44(a)(b)		1,366		1,759,937
State Bank of India/London
4.38%, 01/24/24(b)		1,445		1,532,390
4.88%, 04/17/24(a)(b)		250		269,165
State Street Corp.
1.68%, 11/18/27 (Call 11/18/26), (SOFR + 0.560%)(c)		300		301,075
2.20%, 03/03/31		702		697,290
2.35%, 11/01/25 (Call 11/01/24), (SOFR + 0.940%)(a)(c)		775		801,285
2.40%, 01/24/30(a)		495		509,115
2.65%, 05/19/26		776		820,773
2.90%, 03/30/26 (Call 03/30/25), (SOFR + 2.600%)(c)		546		574,263
3.03%, 11/01/34 (Call 11/01/29), (SOFR + 1.490%)(c)		555		580,565
3.10%, 05/15/23		614		635,668
3.15%, 03/30/31 (Call 03/30/30), (SOFR + 2.650%)(a)(c)		360		391,031

Security	Par (000)		Value
Banks (continued)
3.30%, 12/16/24	$	736	$	784,568
3.55%, 08/18/25		667		723,236
3.70%, 11/20/23(a)		1,236		1,307,214
3.78%, 12/03/24 (Call 12/03/23),
(3 mo. LIBOR US + 0.770%)(c)		567		599,351
4.14%, 12/03/29 (Call 12/03/28),
(3 mo. LIBOR US + 1.030%)(c)		490		560,132
Sumitomo Mitsui Banking Corp.
3.00%, 01/18/23(a)		370		379,192
3.40%, 07/11/24		400		422,797
Sumitomo Mitsui Financial Group Inc.
0.51%, 01/12/24		290		286,901
0.95%, 01/12/26		488		474,931
1.40%, 09/17/26		735		719,698
1.47%, 07/08/25		2,540		2,534,605
1.71%, 01/12/31		528		499,863
1.90%, 09/17/28		540		528,181
2.13%, 07/08/30		900		884,287
2.14%, 09/23/30		579		557,740
2.22%, 09/17/31		670		657,312
2.30%, 01/12/41		405		378,730
2.35%, 01/15/25		565		578,841
2.45%, 09/27/24		1,390		1,435,112
2.63%, 07/14/26		973		1,009,943
2.70%, 07/16/24		1,700		1,763,905
2.72%, 09/27/29		620		637,231
2.75%, 01/15/30(a)		1,085		1,119,727
2.93%, 09/17/41		385		381,510
3.01%, 10/19/26		606		641,027
3.04%, 07/16/29		2,300		2,410,074
3.10%, 01/17/23		654		671,728
3.20%, 09/17/29		571		597,784
3.35%, 10/18/27		50		53,838
3.36%, 07/12/27		403		435,280
3.45%, 01/11/27		1,409		1,513,269
3.54%, 01/17/28		589		641,433
3.75%, 07/19/23		1,001		1,046,762
3.78%, 03/09/26		1,340		1,450,845
3.94%, 10/16/23		662		699,225
3.94%, 07/19/28		394		437,768
4.31%, 10/16/28(a)		1,094		1,244,986
4.44%, 04/02/24(b)		425		453,204
Sumitomo Mitsui Trust Bank Ltd.
0.80%, 09/12/23(b)		630		629,695
0.80%, 09/16/24(b)		1,655		1,634,737
0.85%, 03/25/24(b)		1,136		1,129,245
1.05%, 09/12/25(b)		805		790,126
1.35%, 09/16/26(b)		750		741,012
1.55%, 03/25/26(b)		565		563,843
Suncorp-Metway Ltd., 3.30%, 04/15/24(b)		291		305,647
SVB Financial Group
1.80%, 10/28/26 (Call 09/28/26)		500		497,301
1.80%, 02/02/31 (Call 11/02/30)		482		456,867
2.10%, 05/15/28 (Call 03/15/28)		180		179,596
3.13%, 06/05/30 (Call 03/05/30)		500		525,118
3.50%, 01/29/25		62		65,910
Svenska Handelsbanken AB
0.55%, 06/11/24(b)		1,432		1,414,950
0.63%, 06/30/23(a)(b)		798		797,117
1.42%, 06/11/27 (Call 06/11/26)(b)(c)		1,003		986,902

 15

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
3.90%, 11/20/23(a)	$	1,475	$	1,564,712
Swedbank AB
0.60%, 09/25/23(a)(b)		535		532,901
0.85%, 03/18/24(b)		745		741,191
1.30%, 06/02/23(b)		940		948,280
1.54%, 11/16/26(a)(b)		1,000		992,789
Toronto-Dominion Bank (The)
0.45%, 09/11/23		571		568,254
0.55%, 03/04/24		924		916,395
0.70%, 09/10/24(a)		520		514,692
0.75%, 06/12/23		1,345		1,346,077
0.75%, 09/11/25		471		460,050
0.75%, 01/06/26		680		660,990
1.15%, 06/12/25(a)		735		730,618
1.20%, 06/03/26		600		591,299
1.25%, 09/10/26		745		731,862
1.90%, 12/01/22		658		667,607
2.00%, 09/10/31		910		903,506
2.65%, 06/12/24		1,575		1,638,370
3.25%, 03/11/24		1,298		1,364,117
3.50%, 07/19/23		1,430		1,496,759
3.63%, 09/15/31 (Call 09/15/26)(a)(c)		1,380		1,489,806
Truist Bank
1.25%, 03/09/23 (Call 02/09/23)		685		689,425
1.50%, 03/10/25 (Call 02/10/25)		995		1,005,307
2.15%, 12/06/24 (Call 11/05/24)		1,065		1,094,113
2.25%, 03/11/30 (Call 12/11/29)		1,353		1,345,504
2.64%, 09/17/29 (Call 09/17/24)(c)		650		670,719
2.75%, 05/01/23 (Call 04/01/23)		580		596,316
3.00%, 02/02/23 (Call 01/02/23)		191		195,744
3.20%, 04/01/24 (Call 03/01/24)		1,242		1,302,587
3.30%, 05/15/26 (Call 04/15/26)		585		624,236
3.63%, 09/16/25 (Call 08/16/25)		1,061		1,140,440
3.69%, 08/02/24 (Call 08/02/23),
(3 mo. LIBOR US + 0.735%)(c)		300		313,995
3.80%, 10/30/26 (Call 09/30/26)		698		764,536
4.05%, 11/03/25 (Call 09/03/25)		265		291,015
Truist Financial Corp.
1.13%, 08/03/27 (Call 06/03/27)		873		838,311
1.20%, 08/05/25 (Call 07/03/25)		693		690,237
1.27%, 03/02/27 (Call 03/02/26), (SOFR + 0.609%)(c)		661		649,019
1.89%, 06/07/29 (Call 06/07/28), (SOFR + 0.862%)(c)		990		975,893
1.95%, 06/05/30 (Call 03/05/30)(a)		385		381,669
2.20%, 03/16/23 (Call 02/13/23)		673		685,206
2.50%, 08/01/24 (Call 07/01/24)		1,002		1,036,004
2.85%, 10/26/24 (Call 09/26/24)		1,003		1,047,298
3.70%, 06/05/25 (Call 05/05/25)		853		922,526
3.75%, 12/06/23 (Call 11/06/23)		911		962,452
3.88%, 03/19/29 (Call 02/16/29)		431		477,618
4.00%, 05/01/25 (Call 03/01/25)		212		229,655
U.S. Bancorp.
1.38%, 07/22/30 (Call 04/22/30)(a)		1,064		1,004,098
1.45%, 05/12/25 (Call 04/11/25)		619		623,631
2.40%, 07/30/24 (Call 06/28/24)		1,169		1,211,973
2.49%, 11/03/36 (Call 11/03/31)(c)		500		497,092
3.00%, 07/30/29 (Call 04/30/29)		1,379		1,462,156
3.10%, 04/27/26 (Call 03/27/26)		946		1,004,181
3.38%, 02/05/24 (Call 01/05/24)		1,319		1,385,425
3.60%, 09/11/24 (Call 08/11/24)		710		758,622
3.70%, 01/30/24 (Call 12/29/23)		797		842,289

Security	Par (000)		Value
Banks (continued)
3.90%, 04/26/28 (Call 03/24/28)(a)	$	1,253	$	1,413,196
3.95%, 11/17/25 (Call 10/17/25)		317		349,027
Series V, 2.38%, 07/22/26 (Call 06/22/26)		1,444		1,502,408
Series X, 3.15%, 04/27/27 (Call 03/27/27)		391		418,312
U.S. Bank N.A./Cincinnati OH
1.95%, 01/09/23 (Call 12/09/22)		570		577,924
2.05%, 01/21/25 (Call 12/20/24)		1,037		1,066,071
2.80%, 01/27/25 (Call 12/27/24)		476		498,316
2.85%, 01/23/23 (Call 12/23/22)(a)		500		511,061
3.40%, 07/24/23 (Call 06/23/23)		971		1,009,681
UBS AG/London
0.38%, 06/01/23(b)		730		725,487
0.45%, 02/09/24(b)		937		923,822
0.70%, 08/09/24(b)		1,185		1,172,404
1.25%, 06/01/26(a)(b)		2,435		2,394,777
4.50%, 06/26/48(a)(b)		625		828,133
UBS Group AG
1.01%, 07/30/24 (Call 07/30/23)(b)(c)		1,034		1,033,366
1.36%, 01/30/27 (Call 01/30/26)(b)(c)		1,140		1,116,606
1.49%, 08/10/27 (Call 08/10/26)(b)(c)		1,295		1,266,641
2.10%, 02/11/32 (Call 02/11/31)(b)(c)		1,187		1,147,350
3.13%, 08/13/30 (Call 08/13/29)(b)(c)		1,355		1,420,749
3.49%, 05/23/23 (Call 05/23/22)(b)		1,042		1,055,654
4.13%, 09/24/25(b)		1,134		1,234,881
4.13%, 04/15/26(b)		755		827,830
4.25%, 03/23/28 (Call 03/23/27)(b)		1,215		1,344,017
UniCredit SpA
1.98%, 06/03/27 (Call 06/03/26)(b)(c)		935		912,562
2.57%, 09/22/26 (Call 09/22/25)(b)(c)		1,146		1,149,344
3.13%, 06/03/32 (Call 06/03/31)(b)(c)		835		826,641
United Overseas Bank Ltd., 3.75%, 04/15/29
(Call 04/15/24)(b)(c)		405		426,392
Wachovia Corp.
5.50%, 08/01/35		1,055		1,354,338
6.61%, 10/01/25		175		205,165
7.50%, 04/15/35		466		682,387
7.57%, 08/01/26(e)		420		520,623
Webster Financial Corp., 4.10%, 03/25/29 (Call 12/25/28)		110		121,711
Wells Fargo & Co.
0.81%, 05/19/25 (Call 05/19/24), (SOFR + 0.510%)(c)		1,130		1,119,187
1.65%, 06/02/24 (Call 06/02/23), (SOFR + 1.600%)(c)		2,996		3,027,425
2.16%, 02/11/26 (Call 02/11/25),
(3 mo. LIBOR US + 0.750%)(c)		618		630,598
2.19%, 04/30/26 (Call 04/30/25), (SOFR + 2.000%)(c)		2,015		2,057,517
2.39%, 06/02/28 (Call 06/02/27), (SOFR + 2.100%)(c)		1,615		1,635,941
2.41%, 10/30/25 (Call 10/30/24), (SOFR + 1.087%)(c)		2,195		2,253,703
2.57%, 02/11/31 (Call 02/11/30), (SOFR + 1.262%)(c)		2,239		2,271,600
2.88%, 10/30/30 (Call 10/30/29), (SOFR + 1.432%)(c)		2,540		2,634,548
3.00%, 02/19/25		1,935		2,018,935
3.00%, 04/22/26		2,675		2,806,840
3.00%, 10/23/26		2,647		2,786,175
3.07%, 04/30/41 (Call 04/30/40), (SOFR + 2.530%)(c)		923		949,565
3.20%, 06/17/27 (Call 06/17/26),
(3 mo. LIBOR US + 1.170%)(c)		2,335		2,469,060
3.30%, 09/09/24		1,763		1,861,169
3.55%, 09/29/25		1,777		1,904,965
3.58%, 05/22/28 (Call 05/22/27),
(3 mo. LIBOR US + 1.310%)(c)		2,131		2,293,961
3.75%, 01/24/24 (Call 12/22/23)		1,713		1,805,329
3.90%, 05/01/45		2,137		2,495,711

16

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Banks (continued)
4.10%, 06/03/26	$	1,521	$	1,658,772
4.13%, 08/15/23		885		931,478
4.15%, 01/24/29 (Call 10/24/28)		1,702		1,900,991
4.30%, 07/22/27		1,793		1,993,586
4.40%, 06/14/46		1,091		1,305,398
4.48%, 01/16/24(a)		732		781,626
4.48%, 04/04/31 (Call 04/04/30), (SOFR + 4.032%)(c)		1,655		1,912,474
4.65%, 11/04/44		1,676		2,048,097
4.75%, 12/07/46		2,065		2,609,144
4.90%, 11/17/45		1,715		2,186,982
5.01%, 04/04/51 (Call 04/04/50), (SOFR + 4.502%)(c)		4,647		6,427,958
5.38%, 02/07/35(a)		330		436,362
5.38%, 11/02/43		1,322		1,748,294
5.61%, 01/15/44		1,796		2,428,151
5.95%, 12/01/86		196		265,905
Series M, 3.45%, 02/13/23		454		468,121
Wells Fargo Bank N.A.
5.85%, 02/01/37		1,830		2,439,802
5.95%, 08/26/36(a)		610		826,992
6.60%, 01/15/38		375		549,414
Western Alliance Bancorp., 3.00%, 06/15/31
(Call 06/15/26), (SOFR + 2.250%)(c)		225		229,768
Westpac Banking Corp.
1.02%, 11/18/24(a)		380		378,355
1.15%, 06/03/26		565		556,397
1.95%, 11/20/28		750		746,443
2.00%, 01/13/23		376		382,127
2.15%, 06/03/31		1,218		1,219,580
2.35%, 02/19/25		741		767,522
2.65%, 01/16/30(a)		1,410		1,478,824
2.67%, 11/15/35 (Call 11/15/30)(c)		504		493,955
2.70%, 08/19/26		1,021		1,076,840
2.75%, 01/11/23		512		524,421
2.85%, 05/13/26		281		297,405
2.89%, 02/04/30 (Call 02/04/25)(c)		303		310,157
2.96%, 11/16/40(a)		781		773,815
3.02%, 11/18/36 (Call 11/18/31)(c)		415		412,580
3.13%, 11/18/41		305		301,526
3.30%, 02/26/24		1,558		1,640,222
3.35%, 03/08/27		619		667,848
3.40%, 01/25/28		989		1,080,926
3.65%, 05/15/23		743		775,977
4.11%, 07/24/34 (Call 07/24/29)(c)		1,199		1,300,229
4.32%, 11/23/31 (Call 11/23/26)(c)		1,174		1,273,687
4.42%, 07/24/39		787		933,369
Woori Bank
4.75%, 04/30/24(a)(b)		810		874,130
5.13%, 08/06/28(b)		490		571,679
Zions Bancorp. N.A., 3.25%, 10/29/29 (Call 07/29/29)		415		433,789
				1,289,765,283
Beverages — 2.1%
Anadolu Efes Biracilik Ve Malt Sanayii AS, 3.38%,
06/29/28 (Call 03/29/28)(a)(b)		350		343,966
Anheuser-Busch Companies LLC/Anheuser-Busch InBev
Worldwide Inc.
3.65%, 02/01/26 (Call 11/01/25)		2,237		2,408,287
4.70%, 02/01/36 (Call 08/01/35)		4,014		4,826,835
4.90%, 02/01/46 (Call 08/01/45)		4,845		6,150,558
Anheuser-Busch InBev Finance Inc.
3.65%, 02/01/26 (Call 11/01/25)		1,671		1,798,948

Security	Par (000)		Value
Beverages (continued)
4.00%, 01/17/43	$	644	$	724,094
4.63%, 02/01/44		868		1,053,599
4.70%, 02/01/36 (Call 08/01/35)		641		768,610
4.90%, 02/01/46 (Call 08/01/45)		1,662		2,091,375
Anheuser-Busch InBev Worldwide Inc.
3.50%, 06/01/30 (Call 03/01/30)(a)		1,457		1,593,381
3.75%, 07/15/42		1,291		1,411,636
4.00%, 04/13/28 (Call 01/13/28)		976		1,092,395
4.35%, 06/01/40 (Call 12/01/39)		1,322		1,552,898
4.38%, 04/15/38 (Call 10/15/37)		1,290		1,502,485
4.44%, 10/06/48 (Call 04/06/48)		1,546		1,858,847
4.50%, 06/01/50 (Call 12/01/49)(a)		1,525		1,887,240
4.60%, 04/15/48 (Call 10/15/47)(a)		1,806		2,211,952
4.60%, 06/01/60 (Call 12/01/59)		1,055		1,311,158
4.75%, 01/23/29 (Call 10/23/28)		1,717		2,001,729
4.75%, 04/15/58 (Call 10/15/57)		1,277		1,619,658
4.90%, 01/23/31 (Call 10/23/30)		354		425,397
4.95%, 01/15/42		1,183		1,477,755
5.45%, 01/23/39 (Call 07/23/38)		1,540		2,018,354
5.55%, 01/23/49 (Call 07/23/48)		2,909		4,012,427
5.80%, 01/23/59 (Call 07/23/58)		1,452		2,129,198
5.88%, 06/15/35(a)		175		228,174
6.63%, 08/15/33(a)		55		76,408
8.00%, 11/15/39		916		1,510,653
8.20%, 01/15/39		1,399		2,289,767
Bacardi Ltd.
2.75%, 07/15/26 (Call 04/15/26)(a)(b)		385		397,752
4.45%, 05/15/25 (Call 03/15/25)(a)(b)		813		884,194
4.70%, 05/15/28 (Call 02/15/28)(b)		793		904,967
5.15%, 05/15/38 (Call 11/15/37)(b)		435		540,238
5.30%, 05/15/48 (Call 11/15/47)(a)(b)		625		838,345
Beam Suntory Inc., 3.25%, 06/15/23 (Call 03/17/23)		25		25,749
Becle SAB de CV, 2.50%, 10/14/31 (Call 07/14/31)(a)(b)		515		504,340
Brown-Forman Corp.
3.50%, 04/15/25 (Call 02/15/25)(a)		126		135,240
3.75%, 01/15/43 (Call 07/15/42)		105		119,310
4.00%, 04/15/38 (Call 10/15/37)		25		29,261
4.50%, 07/15/45 (Call 01/15/45)		396		515,222
Coca-Cola Co. (The)
1.00%, 03/15/28		735		701,043
1.38%, 03/15/31		1,031		969,902
1.45%, 06/01/27(a)		808		799,805
1.50%, 03/05/28		600		590,844
1.65%, 06/01/30		1,311		1,266,258
1.75%, 09/06/24		1,458		1,485,888
2.00%, 03/05/31(a)		180		179,011
2.13%, 09/06/29		1,239		1,260,616
2.25%, 01/05/32		965		975,371
2.50%, 06/01/40		1,123		1,114,195
2.50%, 03/15/51		595		580,654
2.60%, 06/01/50		1,226		1,215,763
2.75%, 06/01/60		892		897,624
2.88%, 05/05/41		1,102		1,147,738
2.90%, 05/25/27(a)		522		555,190
3.00%, 03/05/51(a)		630		671,180
3.38%, 03/25/27		745		807,461
3.45%, 03/25/30		971		1,081,329
4.20%, 03/25/50		660		852,383
Coca-Cola Consolidated Inc., 3.80%, 11/25/25
(Call 08/25/25)		300		322,039

 17

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Beverages (continued)
Coca-Cola Europacific Partners PLC, 0.80%, 05/03/24(b)	$	480	$	472,884
Coca-Cola European Partners PLC, 1.50%, 01/15/27
(Call 12/15/26)(b)		300		295,210
Coca-Cola Femsa SAB de CV
1.85%, 09/01/32 (Call 06/01/32)		655		620,095
2.75%, 01/22/30 (Call 10/22/29)		1,180		1,212,238
5.25%, 11/26/43		555		734,448
Constellation Brands Inc.
2.25%, 08/01/31 (Call 05/01/31)		845		823,445
2.88%, 05/01/30 (Call 02/01/30)(a)		547		561,003
3.15%, 08/01/29 (Call 05/01/29)(a)		843		888,887
3.20%, 02/15/23 (Call 01/15/23)		295		302,541
3.50%, 05/09/27 (Call 02/09/27)(a)		453		488,402
3.60%, 02/15/28 (Call 11/15/27)		133		144,848
3.70%, 12/06/26 (Call 09/06/26)(a)		608		658,161
3.75%, 05/01/50 (Call 11/01/49)(a)		130		144,598
4.10%, 02/15/48 (Call 08/15/47)		592		675,396
4.25%, 05/01/23		636		665,834
4.40%, 11/15/25 (Call 09/15/25)		505		556,296
4.50%, 05/09/47 (Call 11/09/46)(a)		477		578,009
4.65%, 11/15/28 (Call 08/15/28)		477		545,833
4.75%, 11/15/24		683		749,851
4.75%, 12/01/25		185		207,319
5.25%, 11/15/48 (Call 05/15/48)		526		700,501
Diageo Capital PLC
1.38%, 09/29/25 (Call 08/29/25)		600		599,997
2.00%, 04/29/30 (Call 01/29/30)		455		451,043
2.13%, 10/24/24 (Call 09/24/24)		415		425,988
2.13%, 04/29/32 (Call 01/29/32)		720		719,144
2.38%, 10/24/29 (Call 07/24/29)		1,015		1,041,068
2.63%, 04/29/23 (Call 01/29/23)		984		1,005,280
3.50%, 09/18/23 (Call 08/18/23)		250		261,438
3.88%, 05/18/28 (Call 02/18/28)		535		601,947
3.88%, 04/29/43 (Call 10/29/42)(a)		550		650,380
5.88%, 09/30/36		148		208,342
Diageo Investment Corp.
4.25%, 05/11/42		533		660,838
7.45%, 04/15/35		95		147,298
Fomento Economico Mexicano SAB de CV
2.88%, 05/10/23(a)		250		256,195
3.50%, 01/16/50 (Call 07/16/49)		1,562		1,674,386
4.38%, 05/10/43		405		485,360
Heineken NV
2.75%, 04/01/23(b)		275		281,964
3.50%, 01/29/28 (Call 10/29/27)(b)		1,047		1,138,863
4.00%, 10/01/42(b)		254		304,968
4.35%, 03/29/47 (Call 09/29/46)(a)(b)		325		418,210
JDE Peet’s NV
0.80%, 09/24/24 (Call 09/24/22)(b)		375		367,532
1.38%, 01/15/27 (Call 12/15/26)(b)		923		898,091
2.25%, 09/24/31 (Call 06/24/31)(b)		705		688,007
Keurig Dr Pepper Inc.
0.75%, 03/15/24 (Call 03/15/22)		789		780,826
2.25%, 03/15/31 (Call 12/15/30)		574		568,708
2.55%, 09/15/26 (Call 06/15/26)		380		395,546
3.13%, 12/15/23 (Call 10/15/23)(a)		583		607,581
3.20%, 05/01/30 (Call 02/01/30)		665		706,340
3.35%, 03/15/51 (Call 09/15/50)(a)		385		405,927
3.40%, 11/15/25 (Call 08/15/25)		756		806,020
3.43%, 06/15/27 (Call 03/15/27)		862		929,877

Security	Par (000)		Value
Beverages (continued)
3.80%, 05/01/50 (Call 11/01/49)	$	686	$	765,296
4.06%, 05/25/23 (Call 04/25/23)		686		716,562
4.42%, 05/25/25 (Call 03/25/25)		598		653,843
4.42%, 12/15/46 (Call 06/15/46)		335		405,558
4.50%, 11/15/45 (Call 05/15/45)		184		222,696
4.60%, 05/25/28 (Call 02/25/28)		1,322		1,510,575
4.99%, 05/25/38 (Call 11/25/37)		165		206,298
5.09%, 05/25/48 (Call 11/25/47)		690		910,102
Molson Coors Beverage Co.
3.00%, 07/15/26 (Call 04/15/26)		1,724		1,804,707
4.20%, 07/15/46 (Call 01/15/46)		1,656		1,833,902
5.00%, 05/01/42		951		1,149,337
PepsiCo Inc.
0.40%, 10/07/23		965		960,639
0.75%, 05/01/23		790		792,838
1.40%, 02/25/31 (Call 11/25/30)		785		750,638
1.63%, 05/01/30 (Call 02/01/30)		864		839,942
1.95%, 10/21/31 (Call 07/21/31)		300		298,115
2.25%, 03/19/25 (Call 02/19/25)		899		928,321
2.38%, 10/06/26 (Call 07/06/26)		1,171		1,225,735
2.63%, 03/19/27 (Call 01/19/27)		660		695,088
2.63%, 07/29/29 (Call 04/29/29)		884		932,287
2.63%, 10/21/41 (Call 04/21/41)(a)		640		652,431
2.75%, 03/01/23		438		450,079
2.75%, 04/30/25 (Call 01/30/25)		914		957,673
2.75%, 03/19/30 (Call 12/19/29)		884		931,200
2.75%, 10/21/51 (Call 04/21/51)		1,000		1,037,883
2.85%, 02/24/26 (Call 11/24/25)		727		772,334
2.88%, 10/15/49 (Call 04/15/49)		1,365		1,441,710
3.00%, 10/15/27 (Call 07/15/27)(a)		1,327		1,427,214
3.38%, 07/29/49 (Call 01/29/49)		251		286,730
3.45%, 10/06/46 (Call 04/06/46)		750		855,953
3.50%, 07/17/25 (Call 04/17/25)		545		585,204
3.60%, 03/01/24 (Call 12/01/23)		1,334		1,408,094
3.63%, 03/19/50 (Call 09/19/49)		447		534,335
3.88%, 03/19/60 (Call 09/19/59)		15		19,192
4.45%, 04/14/46 (Call 10/14/45)(a)		95		126,205
4.60%, 07/17/45 (Call 01/17/45)		150		205,549
4.88%, 11/01/40		30		40,600
7.00%, 03/01/29(a)		240		326,157
Pernod Ricard International Finance LLC
1.25%, 04/01/28 (Call 02/01/28)(a)(b)		700		666,205
1.63%, 04/01/31 (Call 01/01/30)(a)(b)		795		748,882
2.75%, 10/01/50 (Call 04/01/50)(b)		885		857,237
Pernod Ricard SA
3.25%, 06/08/26 (Call 03/08/26)(a)(b)		705		755,573
5.50%, 01/15/42(a)(b)		395		540,953
Suntory Holdings Ltd., 2.25%, 10/16/24
(Call 09/16/24)(a)(b)		945		967,481
				139,457,012
Biotechnology — 0.9%
Amgen Inc.
1.65%, 08/15/28 (Call 06/15/28)		630		612,047
1.90%, 02/21/25 (Call 01/21/25)		305		309,404
2.00%, 01/15/32 (Call 10/15/31)		775		743,991
2.20%, 02/21/27 (Call 12/21/26)		1,106		1,120,792
2.25%, 08/19/23 (Call 06/19/23)		464		473,772
2.30%, 02/25/31 (Call 11/25/30)		1,179		1,170,119
2.45%, 02/21/30 (Call 11/21/29)		933		942,327
2.60%, 08/19/26 (Call 05/19/26)(a)		1,227		1,273,592

18

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Biotechnology (continued)
2.77%, 09/01/53 (Call 03/01/53)	$	726	$	688,325
2.80%, 08/15/41 (Call 02/15/41)		865		837,380
3.00%, 01/15/52 (Call 07/15/51)		595		580,995
3.13%, 05/01/25 (Call 02/01/25)		1,058		1,112,010
3.15%, 02/21/40 (Call 08/21/39)		2,050		2,085,547
3.20%, 11/02/27 (Call 08/02/27)		1,515		1,612,220
3.38%, 02/21/50 (Call 08/21/49)		1,994		2,079,866
3.63%, 05/22/24 (Call 02/22/24)		1,323		1,395,809
4.40%, 05/01/45 (Call 11/01/44)		2,102		2,527,166
4.56%, 06/15/48 (Call 12/15/47)		1,558		1,937,784
4.66%, 06/15/51 (Call 12/15/50)(a)		2,324		2,978,687
4.95%, 10/01/41		1,001		1,253,307
5.15%, 11/15/41 (Call 05/15/41)		703		903,858
Baxalta Inc.
4.00%, 06/23/25 (Call 03/23/25)		948		1,022,812
5.25%, 06/23/45 (Call 12/23/44)(a)		456		613,449
Biogen Inc.
2.25%, 05/01/30 (Call 02/01/30)		1,445		1,413,606
3.15%, 05/01/50 (Call 11/01/49)		1,586		1,557,316
3.25%, 02/15/51 (Call 08/15/50)(a)(b)		506		504,786
4.05%, 09/15/25 (Call 06/15/25)		1,283		1,395,093
5.20%, 09/15/45 (Call 03/15/45)		496		662,673
Gilead Sciences Inc.
0.75%, 09/29/23 (Call 12/13/21)		773		770,425
1.20%, 10/01/27 (Call 08/01/27)(a)		675		647,886
1.65%, 10/01/30 (Call 07/01/30)(a)		1,158		1,102,823
2.50%, 09/01/23 (Call 07/01/23)		693		711,275
2.60%, 10/01/40 (Call 04/01/40)		1,043		996,701
2.80%, 10/01/50 (Call 04/01/50)(a)		1,218		1,183,257
2.95%, 03/01/27 (Call 12/01/26)		1,258		1,323,778
3.50%, 02/01/25 (Call 11/01/24)		274		290,476
3.65%, 03/01/26 (Call 12/01/25)		1,321		1,423,392
3.70%, 04/01/24 (Call 01/01/24)(a)		1,553		1,634,966
4.00%, 09/01/36 (Call 03/01/36)		1,035		1,184,293
4.15%, 03/01/47 (Call 09/01/46)		1,251		1,473,543
4.50%, 02/01/45 (Call 08/01/44)(a)		1,223		1,501,511
4.60%, 09/01/35 (Call 03/01/35)		634		763,388
4.75%, 03/01/46 (Call 09/01/45)		1,876		2,381,294
4.80%, 04/01/44 (Call 10/01/43)		1,244		1,565,454
5.65%, 12/01/41 (Call 06/01/41)		893		1,230,972
Illumina Inc., 2.55%, 03/23/31 (Call 12/23/30)		706		708,358
Regeneron Pharmaceuticals Inc.
1.75%, 09/15/30 (Call 06/15/30)		1,330		1,247,047
2.80%, 09/15/50 (Call 03/15/50)		987		929,502
Royalty Pharma PLC
0.75%, 09/02/23		426		423,631
1.20%, 09/02/25 (Call 08/02/25)		656		643,569
1.75%, 09/02/27 (Call 07/02/27)		824		805,531
2.15%, 09/02/31 (Call 06/02/31)		485		461,412
2.20%, 09/02/30 (Call 06/02/30)		923		890,298
3.30%, 09/02/40 (Call 03/02/40)(a)		997		994,660
3.35%, 09/02/51 (Call 03/02/51)		595		578,502
3.55%, 09/02/50 (Call 03/02/50)		919		925,299
				62,601,976
Building Materials — 0.5%
Boral Finance Pty Ltd., 3.75%, 05/01/28
(Call 02/01/28)(a)(b)		175		187,020
Carrier Global Corp.
2.24%, 02/15/25 (Call 01/15/25)		1,400		1,431,371
2.49%, 02/15/27 (Call 12/15/26)		520		531,843

Security	Par (000)		Value
Building Materials (continued)
2.70%, 02/15/31 (Call 11/15/30)(a)	$	953	$	966,947
2.72%, 02/15/30 (Call 11/15/29)		1,771		1,807,069
3.38%, 04/05/40 (Call 10/05/39)		1,100		1,149,400
3.58%, 04/05/50 (Call 10/05/49)		1,651		1,753,546
CRH America Finance Inc.
3.40%, 05/09/27 (Call 02/09/27)(a)(b)		585		628,620
3.95%, 04/04/28 (Call 01/04/28)(b)		380		421,439
4.50%, 04/04/48 (Call 10/04/47)(a)(b)		725		904,511
CRH America Inc., 3.88%, 05/18/25 (Call 02/15/25)(b)		1,070		1,150,868
Eagle Materials Inc., 2.50%, 07/01/31 (Call 04/01/31)(a)		730		720,905
Fortune Brands Home & Security Inc.
3.25%, 09/15/29 (Call 06/15/29)(a)		742		797,801
4.00%, 09/21/23 (Call 08/21/23)		563		591,375
4.00%, 06/15/25 (Call 03/15/25)		580		626,502
Holcim Capital Corp. Ltd.
6.50%, 09/12/43(b)		20		29,290
6.88%, 09/29/39(b)		25		36,452
Holcim Finance U.S. LLC
3.50%, 09/22/26 (Call 06/22/26)(a)(b)		700		754,342
4.75%, 09/22/46 (Call 03/22/46)(b)		40		50,545
Johnson Controls International PLC
3.63%, 07/02/24 (Call 04/02/24)(e)		535		565,524
3.90%, 02/14/26 (Call 11/14/25)		385		419,456
4.50%, 02/15/47 (Call 08/15/46)		581		722,882
4.63%, 07/02/44 (Call 01/02/44)		364		447,014
4.95%, 07/02/64 (Call 01/02/64)(e)		536		719,626
6.00%, 01/15/36(a)		213		293,612
Johnson Controls International PLC/Tyco Fire & Security
Finance SCA
1.75%, 09/15/30 (Call 06/15/30)		1,011		976,233
2.00%, 09/16/31 (Call 06/16/31)(a)		380		366,136
Lafarge SA, 7.13%, 07/15/36(a)		723		1,066,070
Lennox International Inc.
1.35%, 08/01/25 (Call 07/01/25)		419		415,609
1.70%, 08/01/27 (Call 06/01/27)(a)		520		514,309
3.00%, 11/15/23 (Call 09/15/23)		320		331,650
Martin Marietta Materials Inc.
2.40%, 07/15/31 (Call 04/15/31)		755		751,955
3.20%, 07/15/51 (Call 01/15/51)		695		711,347
3.45%, 06/01/27 (Call 03/01/27)		25		26,878
3.50%, 12/15/27 (Call 09/15/27)		751		810,211
4.25%, 07/02/24 (Call 04/02/24)		130		139,623
4.25%, 12/15/47 (Call 06/15/47)(a)		250		300,373
Series CB, 2.50%, 03/15/30 (Call 12/15/29)		543		547,424
Masco Corp.
1.50%, 02/15/28 (Call 12/15/27)		644		620,080
2.00%, 10/01/30 (Call 07/01/30)		400		384,689
2.00%, 02/15/31 (Call 11/15/30)(a)		775		744,203
3.13%, 02/15/51 (Call 08/15/50)(a)		197		199,480
3.50%, 11/15/27 (Call 08/15/27)(a)		322		347,061
4.50%, 05/15/47 (Call 11/15/46)		464		568,308
Owens Corning
3.40%, 08/15/26 (Call 05/15/26)		510		541,214
3.88%, 06/01/30 (Call 03/01/30)		580		633,687
3.95%, 08/15/29 (Call 05/15/29)		447		489,424
4.20%, 12/01/24 (Call 09/01/24)		470		504,953
4.30%, 07/15/47 (Call 01/15/47)(a)		220		258,880
4.40%, 01/30/48 (Call 07/30/47)		354		422,354
7.00%, 12/01/36		374		538,861

 19

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Building Materials (continued)
St Marys Cement Inc. Canada, 5.75%, 01/28/27
(Call 10/28/26)(b)	$	220	$	244,312
UltraTech Cement Ltd., 2.80%, 02/16/31 (Call 08/16/30)(b)		435		420,844
Votorantim Cimentos International SA, 7.25%, 04/05/41(b)		400		513,220
Vulcan Materials Co.
3.50%, 06/01/30 (Call 03/01/30)		795		861,766
3.90%, 04/01/27 (Call 01/01/27)(a)		648		712,265
4.50%, 04/01/25 (Call 01/01/25)		337		369,054
4.50%, 06/15/47 (Call 12/15/46)(a)		344		433,167
4.70%, 03/01/48 (Call 09/01/47)		402		519,601
				34,993,201
Chemicals — 1.5%
Air Liquide Finance SA
2.25%, 09/27/23 (Call 07/27/23)(b)		543		555,533
2.25%, 09/10/29 (Call 06/10/29)(b)		768		784,000
2.50%, 09/27/26 (Call 06/27/26)(a)(b)		720		749,472
3.50%, 09/27/46 (Call 03/27/46)(b)		375		438,120
Air Products and Chemicals Inc.
1.50%, 10/15/25 (Call 09/15/25)		784		789,395
1.85%, 05/15/27 (Call 03/15/27)		593		602,263
2.05%, 05/15/30 (Call 02/15/30)		1,041		1,047,328
2.70%, 05/15/40 (Call 11/15/39)		821		842,600
2.80%, 05/15/50 (Call 11/15/49)(a)		894		921,975
3.35%, 07/31/24 (Call 04/30/24)(a)		436		460,852
Albemarle Corp.
4.15%, 12/01/24 (Call 09/01/24)		454		488,938
5.45%, 12/01/44 (Call 06/01/44)		15		19,809
Alpek SAB de CV, 3.25%, 02/25/31 (Call 11/25/30)(a)(b)		200		197,620
Cabot Corp.
3.40%, 09/15/26 (Call 06/15/26)		129		135,939
4.00%, 07/01/29 (Call 04/01/29)		364		396,778
Celanese U.S. Holdings LLC
1.40%, 08/05/26 (Call 07/05/26)(a)		100		97,507
3.50%, 05/08/24 (Call 04/08/24)		621		652,954
CF Industries Inc.
4.50%, 12/01/26(b)		406		454,307
4.95%, 06/01/43		120		144,366
5.15%, 03/15/34		65		77,905
5.38%, 03/15/44		145		183,429
Chevron Phillips Chemical Co. LLC/Chevron Phillips
Chemical Co. LP
3.30%, 05/01/23 (Call 04/01/23)(b)		540		558,370
3.40%, 12/01/26 (Call 09/01/26)(b)		779		837,354
5.13%, 04/01/25 (Call 03/01/25)(b)		285		319,080
Dow Chemical Co. (The)
2.10%, 11/15/30 (Call 08/15/30)(a)		580		571,567
3.60%, 11/15/50 (Call 05/15/50)		815		893,829
3.63%, 05/15/26 (Call 03/15/26)		683		737,000
4.25%, 10/01/34 (Call 04/01/34)		645		749,184
4.38%, 11/15/42 (Call 05/15/42)		989		1,184,570
4.63%, 10/01/44 (Call 04/01/44)(a)		495		612,981
4.80%, 11/30/28 (Call 08/30/28)		619		725,540
4.80%, 05/15/49 (Call 11/15/48)		475		615,847
5.25%, 11/15/41 (Call 05/15/41)		473		610,323
5.55%, 11/30/48 (Call 05/30/48)		725		1,030,694
7.38%, 11/01/29		651		875,957
9.40%, 05/15/39		523		944,983
DuPont de Nemours Inc.
4.21%, 11/15/23 (Call 10/15/23)		2,074		2,192,230
4.49%, 11/15/25 (Call 09/15/25)		1,598		1,767,553

Security	Par (000)		Value
Chemicals (continued)
4.73%, 11/15/28 (Call 08/15/28)	$	1,291	$	1,504,252
5.32%, 11/15/38 (Call 05/15/38)		771		996,032
5.42%, 11/15/48 (Call 05/15/48)(a)		1,478		2,079,877
Eastman Chemical Co.
3.80%, 03/15/25 (Call 12/15/24)		421		450,740
4.50%, 12/01/28 (Call 09/01/28)		390		448,055
4.65%, 10/15/44 (Call 04/15/44)		1,150		1,404,579
4.80%, 09/01/42 (Call 03/01/42)		185		226,962
Ecolab Inc.
1.30%, 01/30/31 (Call 10/30/30)(a)		745		702,023
2.13%, 08/15/50 (Call 02/15/50)		1,032		935,165
2.70%, 11/01/26 (Call 08/01/26)(a)		674		707,152
2.75%, 08/18/55 (Call 02/18/55)(b)		833		837,967
3.25%, 12/01/27 (Call 09/01/27)		572		618,141
4.80%, 03/24/30 (Call 12/24/29)		676		814,817
EI du Pont de Nemours and Co.
1.70%, 07/15/25 (Call 06/15/25)		667		674,265
2.30%, 07/15/30 (Call 04/15/30)		583		593,307
Equate Petrochemical BV
2.63%, 04/28/28 (Call 01/28/28)(b)		130		129,259
4.25%, 11/03/26(b)		1,472		1,595,092
FMC Corp.
3.20%, 10/01/26 (Call 08/01/26)(a)		655		696,377
3.45%, 10/01/29 (Call 07/01/29)		778		840,969
4.50%, 10/01/49 (Call 04/01/49)		610		751,711
Huntsman International LLC
2.95%, 06/15/31 (Call 03/15/31)(a)		355		362,693
4.50%, 05/01/29 (Call 02/01/29)		835		927,050
International Flavors & Fragrances Inc.
1.83%, 10/15/27 (Call 08/15/27)(a)(b)		10		9,856
3.20%, 05/01/23 (Call 02/01/23)		290		297,389
3.27%, 11/15/40 (Call 05/15/40)(b)		472		484,771
4.38%, 06/01/47 (Call 12/01/46)		495		606,515
4.45%, 09/26/28 (Call 06/26/28)(a)		570		647,455
5.00%, 09/26/48 (Call 03/26/48)		716		944,597
LG Chem Ltd.
1.38%, 07/07/26(b)		325		319,264
2.38%, 07/07/31(b)		325		320,479
Linde Inc./CT
1.10%, 08/10/30 (Call 05/10/30)		948		886,245
2.00%, 08/10/50 (Call 02/10/50)		438		392,010
2.65%, 02/05/25 (Call 11/05/24)(a)		440		459,532
2.70%, 02/21/23 (Call 11/21/22)		62		63,373
3.20%, 01/30/26 (Call 10/30/25)(a)		751		805,626
3.55%, 11/07/42 (Call 05/07/42)		630		723,961
Lubrizol Corp. (The), 6.50%, 10/01/34		100		145,166
LYB Finance Co. BV, 8.10%, 03/15/27(a)(b)		320		411,557
LYB International Finance BV
4.00%, 07/15/23		261		273,863
4.88%, 03/15/44 (Call 09/15/43)		687		854,766
5.25%, 07/15/43		501		647,556
LYB International Finance II BV, 3.50%, 03/02/27
(Call 12/02/26)		973		1,047,710
LYB International Finance III LLC
1.25%, 10/01/25 (Call 09/01/25)		613		605,213
2.25%, 10/01/30 (Call 07/01/30)		560		560,409
3.38%, 05/01/30 (Call 02/01/30)		669		724,577
3.38%, 10/01/40 (Call 04/01/40)(a)		729		758,400
3.63%, 04/01/51 (Call 10/01/50)(a)		1,051		1,121,321
3.80%, 10/01/60 (Call 04/01/60)		774		826,626

20

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Chemicals (continued)
4.20%, 10/15/49 (Call 04/15/49)	$	715	$	833,495
4.20%, 05/01/50 (Call 11/01/49)(a)		809		935,845
LyondellBasell Industries NV
4.63%, 02/26/55 (Call 08/26/54)(a)		688		856,776
5.75%, 04/15/24 (Call 01/15/24)		1,067		1,166,006
MEGlobal Canada ULC
5.00%, 05/18/25(b)		1,100		1,199,783
5.88%, 05/18/30(a)(b)		750		903,000
Mosaic Co. (The)
4.05%, 11/15/27 (Call 08/15/27)		209		229,835
4.25%, 11/15/23 (Call 08/15/23)		41		43,207
4.88%, 11/15/41 (Call 05/15/41)		125		150,252
5.45%, 11/15/33 (Call 05/15/33)		32		40,078
5.63%, 11/15/43 (Call 05/15/43)		525		707,388
NewMarket Corp., 2.70%, 03/18/31 (Call 12/18/30)		825		822,705
Nutrien Ltd.
1.90%, 05/13/23		455		461,308
2.95%, 05/13/30 (Call 02/13/30)		470		493,036
3.00%, 04/01/25 (Call 01/01/25)		64		67,061
3.38%, 03/15/25 (Call 12/16/21)		672		717,477
3.50%, 06/01/23 (Call 12/16/21)		187		193,742
3.63%, 03/15/24 (Call 12/16/21)		472		499,474
3.95%, 05/13/50 (Call 11/13/49)		315		369,976
4.00%, 12/15/26 (Call 09/15/26)		576		631,429
4.13%, 03/15/35 (Call 09/15/34)		748		848,630
4.20%, 04/01/29 (Call 01/01/29)		1,010		1,141,620
5.00%, 04/01/49 (Call 10/01/48)		120		161,864
5.25%, 01/15/45 (Call 07/15/44)		596		807,055
5.63%, 12/01/40		536		737,712
5.88%, 12/01/36		197		263,838
6.13%, 01/15/41 (Call 07/15/40)		539		777,007
7.13%, 05/23/36		112		167,412
Orbia Advance Corp. SAB de CV
1.88%, 05/11/26 (Call 04/11/26)(b)		930		909,075
2.88%, 05/11/31 (Call 02/11/31)(b)		350		341,026
4.00%, 10/04/27 (Call 07/04/27)(a)(b)		200		214,750
5.50%, 01/15/48 (Call 07/15/47)(b)		400		462,500
5.88%, 09/17/44(b)		805		972,038
PPG Industries Inc.
1.20%, 03/15/26 (Call 02/15/26)		692		678,030
2.40%, 08/15/24 (Call 07/15/24)		157		162,171
2.55%, 06/15/30 (Call 03/15/30)(a)		400		410,760
2.80%, 08/15/29 (Call 05/15/29)		421		440,144
3.20%, 03/15/23 (Call 02/15/23)		329		338,700
3.75%, 03/15/28 (Call 12/15/27)		708		790,696
Rohm & Haas Co., 7.85%, 07/15/29(a)		370		507,061
RPM International Inc.
3.75%, 03/15/27 (Call 12/15/26)(a)		402		435,382
4.25%, 01/15/48 (Call 07/15/47)(a)		290		338,762
4.55%, 03/01/29 (Call 12/01/28)		540		614,710
5.25%, 06/01/45 (Call 12/01/44)(a)		267		339,313
SABIC Capital II BV
4.00%, 10/10/23(b)		520		546,217
4.50%, 10/10/28(b)		825		929,392
Sherwin-Williams Co. (The)
2.20%, 03/15/32 (Call 12/15/31)		1,000		981,420
2.30%, 05/15/30 (Call 02/15/30)		686		685,948
2.90%, 03/15/52 (Call 09/15/51)		380		372,109
2.95%, 08/15/29 (Call 05/15/29)(a)		705		741,570
3.13%, 06/01/24 (Call 04/01/24)		853		891,849

Security	Par (000)		Value
Chemicals (continued)
3.30%, 05/15/50 (Call 11/15/49)(a)	$	300	$	319,635
3.45%, 08/01/25 (Call 05/01/25)(a)		604		646,149
3.45%, 06/01/27 (Call 03/01/27)		1,280		1,378,129
3.80%, 08/15/49 (Call 02/15/49)		470		539,973
3.95%, 01/15/26 (Call 10/15/25)		185		201,110
4.00%, 12/15/42 (Call 06/15/42)		190		217,592
4.50%, 06/01/47 (Call 12/01/46)		987		1,234,689
4.55%, 08/01/45 (Call 02/01/45)		437		543,220
Sociedad Quimica y Minera de Chile SA
3.50%, 09/10/51 (Call 03/10/51)(a)(b)		135		130,783
4.25%, 05/07/29 (Call 02/07/29)(b)		455		499,367
4.25%, 01/22/50 (Call 07/22/49)(a)(b)		250		267,815
Solvay Finance America LLC, 4.45%, 12/03/25
(Call 09/03/25)(b)		204		223,164
Syngenta Finance NV
4.44%, 04/24/23 (Call 03/24/23)(b)		557		577,662
4.89%, 04/24/25 (Call 02/24/25)(b)		563		608,919
5.18%, 04/24/28 (Call 01/24/28)(b)		710		802,330
Westlake Chemical Corp.
2.88%, 08/15/41 (Call 02/15/41)(a)		465		455,513
3.13%, 08/15/51 (Call 02/15/51)(a)		520		507,049
3.38%, 06/15/30 (Call 03/15/30)		505		541,019
3.38%, 08/15/61 (Call 02/15/61)		340		331,653
3.60%, 08/15/26 (Call 05/15/26)		318		343,570
4.38%, 11/15/47 (Call 05/15/47)		359		425,397
5.00%, 08/15/46 (Call 02/15/46)		415		528,675
Yara International ASA
3.15%, 06/04/30 (Call 03/04/30)(b)		725		755,038
3.80%, 06/06/26 (Call 03/06/26)(a)(b)		455		490,461
4.75%, 06/01/28 (Call 03/01/28)(b)		934		1,065,960
				101,468,380
Commercial Services — 1.3%
Adani Ports & Special Economic Zone Ltd.
4.00%, 07/30/27 (Call 06/30/27)(b)		10		10,288
4.20%, 08/04/27 (Call 02/04/27)(b)		1,724		1,788,460
4.38%, 07/03/29(b)		810		847,544
American University (The), Series 2019, 3.67%, 04/01/49		390		462,083
Ashtead Capital Inc.
1.50%, 08/12/26 (Call 07/12/26)(b)		350		342,843
2.45%, 08/12/31 (Call 05/12/31)(b)		335		329,629
4.00%, 05/01/28 (Call 05/01/23)(b)		297		310,230
4.25%, 11/01/29 (Call 11/01/24)(b)		555		596,650
Automatic Data Processing Inc.
1.25%, 09/01/30 (Call 06/01/30)		1,286		1,217,714
1.70%, 05/15/28 (Call 03/15/28)		700		698,886
3.38%, 09/15/25 (Call 06/15/25)		1,002		1,074,275
Block Financial LLC
2.50%, 07/15/28 (Call 05/15/28)		230		229,894
3.88%, 08/15/30 (Call 05/15/30)		640		679,523
5.25%, 10/01/25 (Call 07/01/25)		460		512,963
Brown University in Providence in the State of Rhode
Island and Providence Plant, Series A, 2.92%, 09/01/50
(Call 03/01/50)(a)		95		106,327
California Endowment (The), Series 2021, 2.50%,
04/01/51 (Call 10/01/50)		75		75,799
California Institute of Technology
3.65%, 09/01/2119 (Call 03/01/2119)		351		422,895
4.32%, 08/01/45		205		270,403
4.70%, 11/01/2111		90		133,417
Cintas Corp. No. 2, 3.70%, 04/01/27 (Call 01/01/27)		476		519,726

 21

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Commercial Services (continued)
Cleveland Clinic Foundation (The), 4.86%, 01/01/2114(a) $		345	$	541,618
CoStar Group Inc., 2.80%, 07/15/30 (Call 04/15/30)(a)(b)		600		608,581
DP World Crescent Ltd.
3.75%, 01/30/30 (Call 10/30/29)(a)(b)		390		411,284
3.91%, 05/31/23(a)(b)		811		836,950
4.85%, 09/26/28(b)		160		179,027
DP World Ltd./United Arab Emirates
5.63%, 09/25/48(b)		1,178		1,436,397
6.85%, 07/02/37(a)(b)		970		1,271,864
DP World PLC, 4.70%, 09/30/49 (Call 03/30/49)(b)		410		442,297
Duke University
3.20%, 10/01/38		100		108,928
3.30%, 10/01/46		20		22,372
Series 2020, 2.68%, 10/01/44		230		238,187
Series 2020, 2.76%, 10/01/50(a)		88		93,886
Series 2020, 2.83%, 10/01/55		730		781,332
Element Fleet Management Corp.
1.60%, 04/06/24 (Call 03/06/24)(b)		335		336,579
3.85%, 06/15/25 (Call 05/15/25)(b)		280		299,347
Emory University, Series 2020, 2.97%, 09/01/50
(Call 03/01/50)		270		289,357
Equifax Inc.
2.35%, 09/15/31 (Call 06/15/31)		620		610,167
2.60%, 12/01/24 (Call 11/01/24)		527		546,300
2.60%, 12/15/25 (Call 11/15/25)(a)		406		420,891
3.10%, 05/15/30 (Call 02/15/30)		652		687,255
3.25%, 06/01/26 (Call 03/01/26)(a)		457		482,872
3.30%, 12/15/22 (Call 09/15/22)		245		250,578
3.95%, 06/15/23 (Call 05/15/23)		219		228,686
7.00%, 07/01/37(a)		150		214,901
ERAC USA Finance LLC
2.70%, 11/01/23 (Call 09/01/23)(b)		513		527,736
3.30%, 12/01/26 (Call 09/01/26)(a)(b)		738		787,781
3.80%, 11/01/25 (Call 08/01/25)(b)		764		823,745
3.85%, 11/15/24 (Call 08/15/24)(b)		663		706,579
4.20%, 11/01/46 (Call 05/01/46)(a)(b)		671		805,876
4.50%, 02/15/45 (Call 08/15/44)(a)(b)		554		685,882
5.63%, 03/15/42(b)		504		699,256
6.70%, 06/01/34(b)		503		703,543
7.00%, 10/15/37(b)		940		1,396,490
Experian Finance PLC
2.75%, 03/08/30 (Call 12/08/29)(b)		730		748,125
4.25%, 02/01/29 (Call 11/01/28)(b)		405		453,897
Ford Foundation (The)
Series 2017, 3.86%, 06/01/47 (Call 12/01/46)		140		171,421
Series 2020, 2.82%, 06/01/70 (Call 12/01/69)		69		72,236
George Washington University (The)
4.87%, 09/15/45		215		294,701
Series 2014, 4.30%, 09/15/44		35		44,795
Series 2016, 3.55%, 09/15/46		150		163,850
Series 2018, 4.13%, 09/15/48 (Call 03/15/48)		589		739,762
Georgetown University (The)
Series 20A, 2.94%, 04/01/50(a)		275		282,571
Series A, 5.22%, 10/01/2118 (Call 04/01/2118)(a)		110		163,391
Series B, 4.32%, 04/01/49 (Call 10/01/48)(a)		426		534,511
Global Payments Inc.
1.20%, 03/01/26 (Call 02/01/26)		1,074		1,040,907
2.15%, 01/15/27 (Call 12/15/26)		200		199,962
2.65%, 02/15/25 (Call 01/15/25)		962		991,096
2.90%, 05/15/30 (Call 02/15/30)		1,013		1,025,752

Security	Par (000)		Value
Commercial Services (continued)
2.90%, 11/15/31 (Call 08/15/31)	$	340	$	344,072
3.20%, 08/15/29 (Call 05/15/29)		923		955,736
3.75%, 06/01/23 (Call 03/01/23)		260		268,762
4.00%, 06/01/23 (Call 05/01/23)		406		423,780
4.15%, 08/15/49 (Call 02/15/49)(a)		713		808,250
4.45%, 06/01/28 (Call 03/01/28)		565		628,025
4.80%, 04/01/26 (Call 01/01/26)		755		837,644
GXO Logistics Inc.
1.65%, 07/15/26 (Call 06/15/26)(b)		725		708,956
2.65%, 07/15/31 (Call 04/15/31)(b)		795		784,522
IHS Markit Ltd.
3.63%, 05/01/24 (Call 04/01/24)		700		733,180
4.00%, 03/01/26 (Call 12/01/25)(b)		552		599,610
4.13%, 08/01/23 (Call 07/01/23)		327		341,715
4.25%, 05/01/29 (Call 02/01/29)		1,058		1,196,513
4.75%, 02/15/25 (Call 11/15/24)(b)		813		886,926
4.75%, 08/01/28 (Call 05/01/28)		520		601,900
5.00%, 11/01/22 (Call 08/01/22)(b)		393		404,201
Johns Hopkins University, Series 2013, 4.08%,
07/01/53(a)		200		257,709
Leland Stanford Junior University (The)
1.29%, 06/01/27 (Call 04/01/27)		120		118,711
2.41%, 06/01/50 (Call 12/01/49)		430		438,073
3.65%, 05/01/48 (Call 11/01/47)(a)		140		174,289
Massachusetts Institute of Technology
3.89%, 07/01/2116		180		234,190
3.96%, 07/01/38		60		71,817
4.68%, 07/01/2114		316		494,551
5.60%, 07/01/2111		775		1,423,740
Series F, 2.99%, 07/01/50 (Call 01/01/50)		401		455,696
Series G, 2.29%, 07/01/51 (Call 01/01/51)		685		666,105
Moody’s Corp.
2.00%, 08/19/31 (Call 05/19/31)(a)		165		161,121
2.55%, 08/18/60 (Call 02/18/60)		650		586,263
2.63%, 01/15/23 (Call 12/15/22)		42		42,848
2.75%, 08/19/41 (Call 02/19/41)		505		497,547
3.10%, 11/29/61 (Call 05/29/61)		225		224,952
3.25%, 01/15/28 (Call 10/15/27)		210		227,478
3.25%, 05/20/50 (Call 11/20/49)		405		432,484
3.75%, 03/24/25 (Call 02/24/25)		55		58,891
4.25%, 02/01/29 (Call 11/01/28)(a)		401		458,686
4.88%, 02/15/24 (Call 11/15/23)(a)		325		349,110
4.88%, 12/17/48 (Call 06/17/48)		344		466,550
5.25%, 07/15/44		264		361,554
Northeastern University, Series 2020, 2.89%, 10/01/50(a)		55		56,261
Northwestern University
3.69%, 12/01/38(a)		605		686,617
3.87%, 12/01/48		140		171,856
4.64%, 12/01/44		260		342,347
Series 2017, 3.66%, 12/01/57 (Call 06/01/57)		675		857,710
Series 2020, 2.64%, 12/01/50 (Call 06/01/50)		75		77,514
Novant Health Inc.
2.64%, 11/01/36 (Call 08/01/36)		110		111,489
3.17%, 11/01/51 (Call 05/01/51)		465		504,510
3.32%, 11/01/61 (Call 05/01/61)		100		111,458
4.37%, 11/01/43		125		152,902
PayPal Holdings Inc.
1.35%, 06/01/23		658		664,857
1.65%, 06/01/25 (Call 05/01/25)		815		822,946
2.30%, 06/01/30 (Call 03/01/30)		756		766,317

22

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Commercial Services (continued)
2.40%, 10/01/24 (Call 09/01/24)(a)	$	1,479	$	1,529,124
2.65%, 10/01/26 (Call 08/01/26)		1,184		1,244,150
2.85%, 10/01/29 (Call 07/01/29)		1,548		1,629,391
3.25%, 06/01/50 (Call 12/01/49)		876		946,884
Port of Newcastle Investments Financing Pty Ltd., 5.90%,
11/24/31 (Call 08/24/31)(b)		50		49,950
President and Fellows of Harvard College
2.52%, 10/15/50 (Call 04/15/50)		275		286,422
3.15%, 07/15/46 (Call 01/15/46)		340		389,152
3.30%, 07/15/56 (Call 01/15/56)		190		224,361
3.62%, 10/01/37		288		338,194
4.88%, 10/15/40(a)		300		409,405
6.50%, 01/15/39(a)(b)		381		605,615
Quanta Services Inc.
2.35%, 01/15/32 (Call 10/15/31)		220		216,360
2.90%, 10/01/30 (Call 07/01/30)		318		327,783
3.05%, 10/01/41 (Call 04/01/41)		375		372,576
RELX Capital Inc.
3.00%, 05/22/30 (Call 02/22/30)		1,246		1,312,648
3.50%, 03/16/23 (Call 02/16/23)		425		438,744
4.00%, 03/18/29 (Call 12/18/28)		655		728,176
Rockefeller Foundation (The), Series 2020, 2.49%,
10/01/50 (Call 04/01/50)		535		543,702
S&P Global Inc.
1.25%, 08/15/30 (Call 05/15/30)(a)		630		592,867
2.30%, 08/15/60 (Call 02/15/60)(a)		830		734,649
2.50%, 12/01/29 (Call 09/01/29)(a)		742		769,031
2.95%, 01/22/27 (Call 10/22/26)		670		711,815
3.25%, 12/01/49 (Call 06/01/49)(a)		732		811,287
4.00%, 06/15/25 (Call 03/15/25)		438		476,547
6.55%, 11/15/37		50		71,978
Sodexo Inc.
1.63%, 04/16/26 (Call 03/16/26)(b)		884		877,949
2.72%, 04/16/31 (Call 01/16/31)(a)(b)		298		304,788
Transurban Finance Co. Pty Ltd.
2.45%, 03/16/31 (Call 12/16/30)(a)(b)		400		399,224
3.38%, 03/22/27 (Call 12/22/26)(b)		931		997,297
4.13%, 02/02/26 (Call 11/02/25)(b)		680		740,619
Triton Container International Ltd.
0.80%, 08/01/23(b)		500		496,116
1.15%, 06/07/24 (Call 05/07/24)(b)		535		528,955
2.05%, 04/15/26 (Call 03/15/26)(b)		110		109,097
3.15%, 06/15/31 (Call 03/15/31)(a)(b)		478		480,656
Trustees of Boston College, 3.13%, 07/01/52		306		335,735
Trustees of Boston University, Series CC, 4.06%, 10/01/48
(Call 04/01/48)		155		193,167
Trustees of Dartmouth College, 3.47%, 06/01/46(a)		50		57,538
Trustees of Princeton University (The)
5.70%, 03/01/39		769		1,115,285
Series 2020, 2.52%, 07/01/50 (Call 01/01/50)(a)		150		154,435
Trustees of the University of Pennsylvania (The)
3.61%, 02/15/2119 (Call 08/15/2118)		267		321,600
4.67%, 09/01/2112		115		178,161
Series 2020, 2.40%, 10/01/50 (Call 04/01/50)		70		69,459
Trustees of Tufts College, Series 2012, 5.02%,
04/15/2112		35		54,159
United Rentals North America Inc., 3.88%, 11/15/27
(Call 11/15/22)(a)		100		103,750
University of Chicago (The)
3.00%, 10/01/52 (Call 04/01/52)(a)		65		69,939

Security	Par (000)		Value
Commercial Services (continued)
4.00%, 10/01/53 (Call 04/01/53)(a)	$	75	$	94,894
Series 20B, 2.76%, 04/01/45 (Call 10/01/44)		284		294,105
Series C, 2.55%, 04/01/50 (Call 10/01/49)		240		239,498
University of Notre Dame du Lac
Series 2015, 3.44%, 02/15/45(a)		53		62,250
Series 2017, 3.39%, 02/15/48 (Call 08/15/47)		104		124,554
University of Southern California
2.81%, 10/01/50 (Call 04/01/50)(a)		130		135,182
3.03%, 10/01/39		311		333,379
5.25%, 10/01/2111(a)		425		722,954
Series 2017, 3.84%, 10/01/47 (Call 04/01/47)		440		539,500
Series 21A, 2.95%, 10/01/51 (Call 04/01/51)		180		194,329
Series A, 3.23%, 10/01/2120 (Call 04/01/2120)		25		26,934
Verisk Analytics Inc.
3.63%, 05/15/50 (Call 11/15/49)		614		678,032
4.00%, 06/15/25 (Call 03/15/25)		637		690,229
4.13%, 03/15/29 (Call 12/15/28)		878		989,595
5.50%, 06/15/45 (Call 12/15/44)		179		247,627
Wesleyan University, 4.78%, 07/01/2116		320		477,673
William Marsh Rice University, 3.77%, 05/15/55		210		270,377
Yale University
Series 2020, 0.87%, 04/15/25 (Call 03/15/25)(a)		145		144,496
Series 2020, 1.48%, 04/15/30 (Call 01/15/30)(a)		70		68,630
Series 2020, 2.40%, 04/15/50 (Call 10/15/49)		227		228,740
				89,997,729
Computers — 2.0%
Amdocs Ltd., 2.54%, 06/15/30 (Call 03/15/30)		700		697,999
Apple Inc.
0.55%, 08/20/25 (Call 07/20/25)		910		888,798
0.70%, 02/08/26 (Call 01/08/26)		1,278		1,248,047
0.75%, 05/11/23		895		897,132
1.13%, 05/11/25 (Call 04/11/25)		1,426		1,422,788
1.20%, 02/08/28 (Call 12/08/27)		1,015		984,133
1.25%, 08/20/30 (Call 05/20/30)		792		745,574
1.40%, 08/05/28 (Call 06/05/28)		400		390,773
1.65%, 05/11/30 (Call 02/11/30)		1,620		1,576,598
1.65%, 02/08/31 (Call 11/08/30)		1,370		1,330,136
1.70%, 08/05/31 (Call 05/05/31)		440		428,409
1.80%, 09/11/24 (Call 08/11/24)		1,227		1,255,543
2.05%, 09/11/26 (Call 07/11/26)		1,454		1,489,234
2.20%, 09/11/29 (Call 06/11/29)		1,811		1,845,344
2.38%, 02/08/41 (Call 08/08/40)		1,535		1,503,648
2.40%, 01/13/23 (Call 12/13/22)		848		864,685
2.40%, 05/03/23		812		831,529
2.40%, 08/20/50 (Call 02/20/50)		1,174		1,118,531
2.45%, 08/04/26 (Call 05/04/26)		1,615		1,682,353
2.50%, 02/09/25(a)		1,054		1,099,186
2.55%, 08/20/60 (Call 02/20/60)		1,471		1,397,650
2.65%, 05/11/50 (Call 11/11/49)		1,642		1,623,667
2.65%, 02/08/51 (Call 08/08/50)		2,376		2,353,702
2.70%, 08/05/51 (Call 02/05/51)		930		930,031
2.75%, 01/13/25 (Call 11/13/24)		1,341		1,403,132
2.80%, 02/08/61 (Call 08/08/60)		1,524		1,523,151
2.85%, 02/23/23 (Call 12/23/22)		1,031		1,056,070
2.85%, 05/11/24 (Call 03/11/24)		1,127		1,175,751
2.85%, 08/05/61 (Call 02/05/61)		1,155		1,163,555
2.90%, 09/12/27 (Call 06/12/27)		1,363		1,448,682
2.95%, 09/11/49 (Call 03/11/49)		1,307		1,364,140
3.00%, 02/09/24 (Call 12/09/23)		1,278		1,331,945
3.00%, 06/20/27 (Call 03/20/27)		1,305		1,396,623

 23

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Computers (continued)
3.00%, 11/13/27 (Call 08/13/27)	$	996	$	1,064,069
3.20%, 05/13/25		1,330		1,416,097
3.20%, 05/11/27 (Call 02/11/27)		1,429		1,537,080
3.25%, 02/23/26 (Call 11/23/25)		1,991		2,129,514
3.35%, 02/09/27 (Call 11/09/26)		1,834		1,987,068
3.45%, 05/06/24		1,168		1,235,727
3.45%, 02/09/45		1,558		1,746,035
3.75%, 09/12/47 (Call 03/12/47)		390		464,129
3.75%, 11/13/47 (Call 05/13/47)		1,191		1,417,687
3.85%, 05/04/43		2,234		2,650,350
3.85%, 08/04/46 (Call 02/04/46)		1,541		1,838,600
4.25%, 02/09/47 (Call 08/09/46)		799		1,009,508
4.38%, 05/13/45		1,716		2,198,978
4.45%, 05/06/44		999		1,290,405
4.50%, 02/23/36 (Call 08/23/35)(a)		1,055		1,326,037
4.65%, 02/23/46 (Call 08/23/45)		2,169		2,872,211
CGI Inc.
1.45%, 09/14/26 (Call 08/14/26)(a)(b)		390		381,193
2.30%, 09/14/31 (Call 06/14/31)(b)		580		561,043
Dell Inc.
5.40%, 09/10/40(a)		645		740,460
6.50%, 04/15/38(a)		1,005		1,272,018
7.10%, 04/15/28		695		867,013
Dell International LLC/EMC Corp.
4.00%, 07/15/24 (Call 06/15/24)		1,085		1,154,815
4.90%, 10/01/26 (Call 08/01/26)(a)		956		1,079,793
5.30%, 10/01/29 (Call 07/01/29)		1,010		1,197,065
5.45%, 06/15/23 (Call 04/15/23)(a)		1,715		1,819,036
5.85%, 07/15/25 (Call 06/15/25)		1,035		1,184,069
6.02%, 06/15/26 (Call 03/15/26)		2,857		3,325,522
6.10%, 07/15/27 (Call 05/15/27)		626		753,915
6.20%, 07/15/30 (Call 04/15/30)		1,130		1,436,456
8.10%, 07/15/36 (Call 01/15/36)		959		1,460,019
8.35%, 07/15/46 (Call 01/15/46)		1,424		2,377,998
DXC Technology Co.
1.80%, 09/15/26 (Call 08/15/26)		510		501,211
2.38%, 09/15/28 (Call 07/15/28)(a)		410		400,350
Fortinet Inc.
1.00%, 03/15/26 (Call 02/15/26)		719		699,602
2.20%, 03/15/31 (Call 12/15/30)		525		515,450
Genpact Luxembourg Sarl, 3.38%, 12/01/24
(Call 11/01/24)		165		174,248
Hewlett Packard Enterprise Co.
1.45%, 04/01/24 (Call 03/01/24)		881		885,464
1.75%, 04/01/26 (Call 03/01/26)		922		922,179
2.25%, 04/01/23 (Call 03/01/23)		624		634,324
4.45%, 10/02/23 (Call 09/02/23)		971		1,027,164
4.90%, 10/15/25 (Call 07/15/25)(a)		1,865		2,072,761
6.20%, 10/15/35 (Call 04/15/35)		878		1,159,901
6.35%, 10/15/45 (Call 04/15/45)		1,270		1,713,508
HP Inc.
1.45%, 06/17/26 (Call 05/17/26)(b)		945		930,579
2.20%, 06/17/25 (Call 05/17/25)		1,044		1,067,609
2.65%, 06/17/31 (Call 03/17/31)(b)		895		884,274
3.00%, 06/17/27 (Call 04/17/27)(a)		472		496,900
3.40%, 06/17/30 (Call 03/17/30)		860		903,255
6.00%, 09/15/41		1,152		1,537,102
International Business Machines Corp.
1.70%, 05/15/27 (Call 03/15/27)		1,266		1,255,847
1.95%, 05/15/30 (Call 02/15/30)		1,070		1,042,919

Security	Par (000)		Value
Computers (continued)
2.85%, 05/15/40 (Call 11/15/39)(a)	$	724	$	715,768
2.95%, 05/15/50 (Call 11/15/49)		967		969,479
3.00%, 05/15/24		2,204		2,306,126
3.30%, 05/15/26		1,499		1,604,917
3.30%, 01/27/27(a)		740		797,158
3.38%, 08/01/23		980		1,023,396
3.45%, 02/19/26(a)		1,269		1,362,170
3.50%, 05/15/29		1,853		2,013,685
3.63%, 02/12/24		1,654		1,748,321
4.00%, 06/20/42		614		705,317
4.15%, 05/15/39		1,465		1,710,392
4.25%, 05/15/49		2,228		2,749,273
4.70%, 02/19/46		415		538,098
5.60%, 11/30/39		660		910,402
5.88%, 11/29/32		833		1,099,481
6.22%, 08/01/27		212		260,715
6.50%, 01/15/28(a)		253		316,479
7.00%, 10/30/25(a)		911		1,103,270
7.13%, 12/01/96		140		270,468
Kyndryl Holdings Inc.
2.05%, 10/15/26 (Call 09/15/26)(b)		625		609,803
2.70%, 10/15/28 (Call 08/15/28)(b)		375		362,310
3.15%, 10/15/31 (Call 07/15/31)(b)		165		158,857
4.10%, 10/15/41 (Call 04/15/41)(b)		655		636,809
Leidos Inc.
2.30%, 02/15/31 (Call 11/15/30)		895		866,825
2.95%, 05/15/23 (Call 04/15/23)		303		311,359
3.63%, 05/15/25 (Call 04/15/25)		447		476,529
4.38%, 05/15/30 (Call 02/15/30)		793		890,487
Lenovo Group Ltd., 3.42%, 11/02/30 (Call 08/02/30)(b)		200		205,320
NetApp Inc.
1.88%, 06/22/25 (Call 05/22/25)		510		517,287
2.38%, 06/22/27 (Call 04/22/27)		855		874,429
2.70%, 06/22/30 (Call 03/22/30)		958		970,857
3.30%, 09/29/24 (Call 07/29/24)		863		910,527
Teledyne FLIR LLC, 2.50%, 08/01/30 (Call 05/01/30)(a)		378		379,556
				135,462,966
Cosmetics & Personal Care — 0.4%
Colgate-Palmolive Co.
1.95%, 02/01/23(a)		390		396,700
2.10%, 05/01/23(a)		56		57,179
3.25%, 03/15/24		535		564,072
3.70%, 08/01/47 (Call 02/01/47)		667		826,375
4.00%, 08/15/45		476		609,469
Estee Lauder Companies Inc. (The)
1.95%, 03/15/31 (Call 12/15/30)(a)		590		589,004
2.00%, 12/01/24 (Call 11/01/24)		710		728,643
2.38%, 12/01/29 (Call 09/01/29)		557		572,495
2.60%, 04/15/30 (Call 01/15/30)		635		659,945
3.13%, 12/01/49 (Call 06/01/49)(a)		749		823,642
3.15%, 03/15/27 (Call 12/15/26)		355		382,603
3.70%, 08/15/42		272		312,236
4.15%, 03/15/47 (Call 09/15/46)		535		669,713
4.38%, 06/15/45 (Call 12/15/44)		274		350,600
6.00%, 05/15/37		186		267,515
Procter & Gamble Co. (The)
0.55%, 10/29/25		718		700,895
1.00%, 04/23/26		450		445,698
1.20%, 10/29/30		952		902,468
1.95%, 04/23/31		575		583,026

24

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Cosmetics & Personal Care (continued)
2.45%, 11/03/26	$	1,028	$	1,082,677
2.70%, 02/02/26		684		725,434
2.80%, 03/25/27		479		508,967
2.85%, 08/11/27(a)		837		891,678
3.00%, 03/25/30		1,343		1,461,700
3.10%, 08/15/23		334		348,528
3.50%, 10/25/47(a)		330		410,301
3.55%, 03/25/40		645		753,159
3.60%, 03/25/50		230		289,215
5.50%, 02/01/34		175		236,258
5.55%, 03/05/37		70		100,786
Unilever Capital Corp.
0.38%, 09/14/23(a)		125		124,335
0.63%, 08/12/24 (Call 08/12/22)		15		14,873
1.38%, 09/14/30 (Call 06/14/30)		350		332,558
1.75%, 08/12/31 (Call 05/12/31)(a)		605		588,541
2.00%, 07/28/26		510		523,530
2.13%, 09/06/29 (Call 06/06/29)		800		815,504
2.60%, 05/05/24 (Call 03/05/24)		834		865,049
2.90%, 05/05/27 (Call 02/05/27)		925		982,710
3.10%, 07/30/25		915		974,569
3.13%, 03/22/23 (Call 02/22/23)		390		401,430
3.25%, 03/07/24 (Call 02/07/24)		551		578,936
3.38%, 03/22/25 (Call 01/22/25)(a)		235		251,353
3.50%, 03/22/28 (Call 12/22/27)(a)		970		1,069,425
5.90%, 11/15/32		472		634,550
Series 30Y, 2.63%, 08/12/51 (Call 02/12/51)		880		880,374
				26,288,718
Distribution & Wholesale — 0.1%
Ferguson Finance PLC
3.25%, 06/02/30 (Call 03/02/30)(b)		268		284,793
4.50%, 10/24/28 (Call 07/24/28)(b)		858		989,279
Mitsubishi Corp., 1.13%, 07/15/26 (Call 06/15/26)(a)(b)		250		245,398
WW Grainger Inc.
1.85%, 02/15/25 (Call 01/15/25)		858		874,385
3.75%, 05/15/46 (Call 11/15/45)		580		693,148
4.20%, 05/15/47 (Call 11/15/46)		196		249,520
4.60%, 06/15/45 (Call 12/15/44)		858		1,121,984
				4,458,507
Diversified Financial Services — 3.4%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
1.15%, 10/29/23		700		697,889
1.65%, 10/29/24 (Call 09/29/24)		4,640		4,631,631
1.75%, 01/30/26 (Call 12/30/25)		725		710,729
2.45%, 10/29/26 (Call 09/29/26)		4,495		4,506,308
2.88%, 08/14/24 (Call 07/14/24)(a)		630		650,272
3.00%, 10/29/28 (Call 08/29/28)(a)		2,965		2,985,764
3.15%, 02/15/24 (Call 01/15/24)		751		775,372
3.30%, 01/23/23 (Call 12/23/22)		625		639,847
3.30%, 01/30/32 (Call 10/30/31)		3,360		3,385,637
3.40%, 10/29/33 (Call 07/29/33)		1,160		1,167,800
3.50%, 01/15/25 (Call 11/15/24)		655		684,452
3.65%, 07/21/27 (Call 04/21/27)(a)		632		668,981
3.85%, 10/29/41 (Call 04/29/41)		300		309,544
3.88%, 01/23/28 (Call 10/23/27)(a)		573		609,534
4.13%, 07/03/23 (Call 06/03/23)		598		623,589
4.45%, 10/01/25 (Call 08/01/25)		220		237,777
4.45%, 04/03/26 (Call 02/03/26)		430		466,486
4.50%, 09/15/23 (Call 08/15/23)		927		976,476

Security	Par (000)		Value
Diversified Financial Services (continued)
4.63%, 10/15/27 (Call 08/15/27)(a)	$	523	$	578,020
4.88%, 01/16/24 (Call 12/16/23)		455		486,180
6.50%, 07/15/25 (Call 06/15/25)		924		1,056,989
Affiliated Managers Group Inc.
3.30%, 06/15/30 (Call 03/15/30)		280		299,026
3.50%, 08/01/25		160		170,904
4.25%, 02/15/24(a)		255		272,197
AIG Global Funding
0.45%, 12/08/23(a)(b)		397		393,284
0.65%, 06/17/24(b)		652		643,697
0.80%, 07/07/23(b)		677		677,323
0.90%, 09/22/25(b)		1,463		1,429,275
Air Lease Corp.
0.70%, 02/15/24 (Call 01/15/24)		635		626,040
0.80%, 08/18/24 (Call 07/18/24)		120		117,771
1.88%, 08/15/26 (Call 07/15/26)		363		357,404
2.10%, 09/01/28 (Call 07/01/28)		500		483,732
2.25%, 01/15/23		172		174,669
2.30%, 02/01/25 (Call 01/01/25)(a)		912		925,936
2.75%, 01/15/23 (Call 12/15/22)		657		669,708
2.88%, 01/15/26 (Call 12/15/25)(a)		1,259		1,292,135
3.00%, 09/15/23 (Call 07/15/23)		799		821,593
3.00%, 02/01/30 (Call 11/01/29)		843		850,101
3.13%, 12/01/30 (Call 09/01/30)		524		533,469
3.25%, 03/01/25 (Call 01/01/25)		783		815,702
3.25%, 10/01/29 (Call 07/01/29)		730		746,196
3.38%, 07/01/25 (Call 06/01/25)		397		416,158
3.63%, 04/01/27 (Call 01/01/27)		508		538,491
3.63%, 12/01/27 (Call 09/01/27)(a)		425		447,588
3.75%, 06/01/26 (Call 04/01/26)		681		724,127
3.88%, 07/03/23 (Call 06/03/23)		707		737,542
4.25%, 02/01/24 (Call 01/01/24)		724		766,404
4.25%, 09/15/24 (Call 06/15/24)		455		486,737
4.63%, 10/01/28 (Call 07/01/28)		575		640,536
Aircastle Ltd.
2.85%, 01/26/28 (Call 11/26/27)(b)		25		25,130
4.13%, 05/01/24 (Call 02/01/24)(a)		86		90,352
4.25%, 06/15/26 (Call 04/15/26)		683		736,430
4.40%, 09/25/23 (Call 08/25/23)		693		728,428
5.00%, 04/01/23		529		555,516
5.25%, 08/11/25 (Call 07/11/25)(b)		865		953,707
Ally Financial Inc.
1.45%, 10/02/23 (Call 09/02/23)		860		863,803
2.20%, 11/02/28 (Call 09/02/28)(a)		490		485,605
3.05%, 06/05/23 (Call 05/05/23)		659		676,605
3.88%, 05/21/24 (Call 04/21/24)		844		889,602
4.63%, 03/30/25		164		179,058
5.13%, 09/30/24		624		683,710
5.80%, 05/01/25 (Call 04/01/25)(a)		523		591,066
8.00%, 11/01/31		2,125		2,985,381
American Express Co.
0.75%, 11/03/23		200		199,603
1.65%, 11/04/26 (Call 10/04/26)		300		299,460
2.50%, 07/30/24 (Call 06/30/24)		1,494		1,542,361
2.65%, 12/02/22		816		833,666
3.00%, 10/30/24 (Call 09/29/24)		1,284		1,348,233
3.13%, 05/20/26 (Call 04/20/26)(a)		748		793,874
3.40%, 02/27/23 (Call 01/27/23)		635		655,543
3.40%, 02/22/24 (Call 01/22/24)		1,307		1,371,270
3.63%, 12/05/24 (Call 11/04/24)(a)		629		671,062

 25

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Diversified Financial Services (continued)
3.70%, 08/03/23 (Call 07/03/23)	$	1,312	$	1,371,185
4.05%, 12/03/42		565		680,500
4.20%, 11/06/25 (Call 10/06/25)		953		1,053,157
American Express Credit Corp., 3.30%, 05/03/27
(Call 04/03/27)		1,799		1,931,111
Ameriprise Financial Inc.
2.88%, 09/15/26 (Call 06/15/26)(a)		356		376,973
3.00%, 04/02/25 (Call 03/02/25)		14		14,723
3.70%, 10/15/24(a)		525		564,840
4.00%, 10/15/23		1,076		1,140,225
Andrew W Mellon Foundation (The), Series 2020, 0.95%,
08/01/27 (Call 06/01/27)		850		826,943
Antares Holdings LP
2.75%, 01/15/27 (Call 12/15/26)(b)		560		549,439
3.95%, 07/15/26 (Call 06/15/26)(b)		605		625,824
6.00%, 08/15/23 (Call 07/15/23)(b)		107		114,679
Apollo Management Holdings LP
4.00%, 05/30/24(b)		697		743,600
4.95%, 01/14/50 (Call 12/17/24)(b)(c)		130		134,590
Ares Finance Co. II LLC, 3.25%, 06/15/30
(Call 03/15/30)(b)		95		98,333
Ares Finance Co. III LLC, 4.13%, 06/30/51
(Call 06/30/26)(a)(b)(c)		310		312,868
Aviation Capital Group LLC
1.95%, 01/30/26 (Call 12/30/25)(b)		385		377,856
1.95%, 09/20/26 (Call 08/20/26)(b)		2,080		2,033,771
3.50%, 11/01/27 (Call 07/01/27)(a)(b)		847		879,475
3.88%, 05/01/23 (Call 04/01/23)(b)		309		319,886
4.13%, 08/01/25 (Call 06/01/25)(b)		385		410,016
4.38%, 01/30/24 (Call 12/30/23)(b)		520		548,499
4.88%, 10/01/25 (Call 07/01/25)(b)		394		428,738
5.50%, 12/15/24 (Call 11/15/24)(b)		465		511,942
Avolon Holdings Funding Ltd.
2.13%, 02/21/26 (Call 01/21/26)(b)		410		401,422
2.53%, 11/18/27 (Call 10/18/27)(b)		1,883		1,836,301
2.75%, 02/21/28 (Call 12/21/27)(a)(b)		1,080		1,058,474
2.88%, 02/15/25 (Call 01/15/25)(b)		490		500,492
3.25%, 02/15/27 (Call 12/15/26)(b)		155		157,534
3.95%, 07/01/24 (Call 06/01/24)(b)		946		991,500
4.25%, 04/15/26 (Call 03/15/26)(b)		372		397,140
4.38%, 05/01/26 (Call 03/01/26)(b)		930		996,549
5.13%, 10/01/23 (Call 09/01/23)(b)		95		100,562
5.25%, 05/15/24 (Call 04/15/24)(b)		1,065		1,146,066
5.50%, 01/15/26 (Call 12/15/25)(b)		380		421,777
BGC Partners Inc.
3.75%, 10/01/24 (Call 09/01/24)		530		557,536
4.38%, 12/15/25 (Call 09/15/25)		128		137,587
5.38%, 07/24/23		95		100,870
Blackstone Holdings Finance Co. LLC
1.60%, 03/30/31 (Call 12/30/30)(a)(b)		486		457,793
1.63%, 08/05/28 (Call 06/05/28)(b)		295		286,520
2.00%, 01/30/32 (Call 10/30/31)(b)		653		631,853
2.50%, 01/10/30 (Call 10/10/29)(a)(b)		793		811,371
2.80%, 09/30/50 (Call 03/30/50)(b)		521		506,976
2.85%, 08/05/51 (Call 02/05/51)(a)(b)		600		590,730
3.15%, 10/02/27 (Call 07/02/27)(a)(b)		400		424,191
3.50%, 09/10/49 (Call 03/10/49)(a)(b)		560		614,037
4.00%, 10/02/47 (Call 04/02/47)(b)		114		133,020
4.45%, 07/15/45(b)		225		286,824
5.00%, 06/15/44(b)		65		85,101

Security	Par (000)		Value
Diversified Financial Services (continued)
6.25%, 08/15/42(b)	$	210	$	309,772
Blackstone Private Credit Fund
1.75%, 09/15/24(b)		170		167,992
2.63%, 12/15/26 (Call 11/15/26)(b)		700		680,464
3.25%, 03/15/27 (Call 02/15/27)(b)		2,000		1,999,140
Blue Owl Finance LLC
3.13%, 06/10/31 (Call 03/10/31)(b)		469		459,772
4.13%, 10/07/51 (Call 04/07/51)(b)		145		149,525
BOC Aviation Ltd.
2.63%, 09/17/30 (Call 06/17/30)(a)(b)		690		687,364
3.00%, 09/11/29 (Call 06/11/29)(a)(b)		531		543,034
3.25%, 04/29/25 (Call 03/29/25)(b)		282		294,281
3.50%, 10/10/24 (Call 09/10/24)(b)		1,094		1,151,746
3.50%, 09/18/27 (Call 06/18/27)(b)		925		976,351
3.88%, 04/27/26 (Call 01/27/26)(b)		890		949,484
BOC Aviation USA Corp., 1.63%, 04/29/24
(Call 03/29/24)(b)		200		200,568
Brookfield Finance I UK PLC, 2.34%, 01/30/32
(Call 10/30/31)		430		420,214
Brookfield Finance Inc.
2.72%, 04/15/31 (Call 01/15/31)		710		720,522
3.50%, 03/30/51 (Call 09/30/50)		430		459,888
3.90%, 01/25/28 (Call 10/25/27)		604		667,349
4.00%, 04/01/24 (Call 02/01/24)(a)		859		910,026
4.25%, 06/02/26 (Call 03/02/26)(a)		437		483,720
4.35%, 04/15/30 (Call 01/15/30)		379		429,970
4.70%, 09/20/47 (Call 03/20/47)		486		601,942
4.85%, 03/29/29 (Call 12/29/28)		811		946,927
Brookfield Finance LLC, 3.45%, 04/15/50 (Call 10/15/49)		684		728,239
Cantor Fitzgerald LP, 4.88%, 05/01/24 (Call 04/01/24)(b)		476		512,015
Capital One Bank USA N.A., 3.38%, 02/15/23		794		817,259
Capital One Financial Corp.
1.88%, 11/02/27 (Call 11/02/26), (SOFR + 0.855%)(c)		1,000		994,436
2.36%, 07/29/32 (Call 07/29/31), (SOFR + 1.337%)(c)		730		696,772
2.60%, 05/11/23 (Call 04/11/23)		775		794,325
2.62%, 11/02/32 (Call 11/02/31), (SOFR + 1.265%)(c)		650		646,414
3.20%, 01/30/23 (Call 12/30/22)		548		562,880
3.20%, 02/05/25 (Call 01/05/25)		920		967,647
3.30%, 10/30/24 (Call 09/30/24)		1,439		1,517,052
3.50%, 06/15/23		865		898,780
3.65%, 05/11/27 (Call 04/11/27)		1,370		1,481,468
3.75%, 04/24/24 (Call 03/24/24)		719		760,437
3.75%, 07/28/26 (Call 06/28/26)		970		1,040,625
3.75%, 03/09/27 (Call 02/09/27)		1,152		1,247,208
3.80%, 01/31/28 (Call 12/31/27)		684		748,767
3.90%, 01/29/24 (Call 12/29/23)		1,398		1,475,396
4.20%, 10/29/25 (Call 09/29/25)		1,380		1,500,906
4.25%, 04/30/25 (Call 03/31/25)		763		828,858
Cboe Global Markets Inc.
1.63%, 12/15/30 (Call 09/15/30)		913		874,486
3.65%, 01/12/27 (Call 10/12/26)		1,151		1,258,623
Charles Schwab Corp. (The)
0.75%, 03/18/24 (Call 02/18/24)		1,300		1,294,282
0.90%, 03/11/26 (Call 02/11/26)		1,055		1,032,666
1.15%, 05/13/26 (Call 04/13/26)		1,105		1,092,668
1.65%, 03/11/31 (Call 12/11/30)(a)		669		642,644
1.95%, 12/01/31 (Call 09/01/31)		312		308,095
2.00%, 03/20/28 (Call 01/20/28)		950		959,685
2.30%, 05/13/31 (Call 02/13/31)		455		461,623
2.65%, 01/25/23 (Call 12/25/22)		751		767,470

26

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Diversified Financial Services (continued)
2.75%, 10/01/29 (Call 07/01/29)	$	692	$	730,205
3.00%, 03/10/25 (Call 12/10/24)		201		211,665
3.20%, 03/02/27 (Call 12/02/26)		507		544,730
3.20%, 01/25/28 (Call 10/25/27)		220		238,174
3.25%, 05/22/29 (Call 02/22/29)(a)		510		553,720
3.30%, 04/01/27 (Call 01/01/27)		669		719,392
3.45%, 02/13/26 (Call 11/13/25)		320		344,871
3.55%, 02/01/24 (Call 01/01/24)		519		547,936
3.63%, 04/01/25 (Call 01/01/25)		461		493,292
3.85%, 05/21/25 (Call 03/21/25)		754		816,282
4.00%, 02/01/29 (Call 11/01/28)(a)		599		675,323
4.20%, 03/24/25 (Call 02/24/25)		475		519,214
4.63%, 03/22/30 (Call 12/22/29)(a)		435		520,716
China Cinda Finance 2014 Ltd., 5.63%, 05/14/24(b)		1,170		1,268,396
China Cinda Finance 2015 I Ltd., 4.25%, 04/23/25(b)		1,870		1,974,977
CI Financial Corp.
3.20%, 12/17/30 (Call 09/17/30)		654		672,591
4.10%, 06/15/51 (Call 12/15/50)(a)		620		688,312
Citadel Finance LLC, 3.38%, 03/09/26 (Call 02/09/26)(a)(b)		95		95,503
Citadel LP
4.88%, 01/15/27 (Call 11/15/26)(a)(b)		668		716,736
5.38%, 01/17/23 (Call 12/17/22)(b)		250		259,276
CME Group Inc.
3.00%, 03/15/25 (Call 12/15/24)		1,048		1,104,728
3.75%, 06/15/28 (Call 03/15/28)		857		958,964
4.15%, 06/15/48 (Call 12/15/47)(a)		261		342,810
5.30%, 09/15/43 (Call 03/15/43)		963		1,353,950
Credit Suisse USA Inc., 7.13%, 07/15/32(a)		1,409		2,009,810
DAE Sukuk Difc Ltd., 3.75%, 02/15/26(b)		265		274,275
Discover Financial Services
3.75%, 03/04/25 (Call 12/04/24)		567		602,113
3.95%, 11/06/24 (Call 08/06/24)		340		363,199
4.10%, 02/09/27 (Call 11/09/26)		567		617,703
4.50%, 01/30/26 (Call 11/30/25)		506		555,071
Drawbridge Special Opportunities Fund LP/Drawbridge
Special Opportunities Fin, 3.88%, 02/15/26
(Call 12/15/25)(b)		748		762,570
Eaton Vance Corp., 3.50%, 04/06/27 (Call 01/06/27)		236		254,358
FMR LLC
6.45%, 11/15/39(b)		400		591,252
7.57%, 06/15/29(b)		80		111,410
Franklin Resources Inc.
1.60%, 10/30/30 (Call 07/30/30)		392		372,893
2.85%, 03/30/25(a)		202		212,559
2.95%, 08/12/51 (Call 02/12/51)		365		361,846
ICBCIL Finance Co. Ltd., 3.63%, 05/19/26(b)		175		186,254
Invesco Finance PLC
3.75%, 01/15/26(a)		493		534,717
4.00%, 01/30/24		476		504,576
5.38%, 11/30/43		405		539,526
Janus Capital Group Inc., 4.88%, 08/01/25
(Call 05/01/25)(a)		290		319,297
Jefferies Financial Group Inc., 6.63%, 10/23/43
(Call 07/23/43)		300		412,966
Jefferies Group LLC
2.75%, 10/15/32 (Call 07/15/32)(a)		290		288,889
6.25%, 01/15/36		560		746,365
6.45%, 06/08/27(a)		457		559,512
6.50%, 01/20/43(a)		319		446,254

Security	Par (000)		Value
Diversified Financial Services (continued)
Jefferies Group LLC/Jefferies Group Capital Finance Inc.
2.63%, 10/15/31 (Call 07/15/31)(a)	$	200	$	196,172
4.15%, 01/23/30		696		774,099
4.85%, 01/15/27		608		693,595
KKR Group Finance Co. II LLC, 5.50%, 02/01/43
(Call 08/01/42)(a)(b)		535		711,396
Lazard Group LLC
3.63%, 03/01/27 (Call 12/01/26)		430		462,899
3.75%, 02/13/25		56		59,829
4.38%, 03/11/29 (Call 12/11/28)		562		633,713
4.50%, 09/19/28 (Call 06/19/28)		771		883,410
LeasePlan Corp. NV, 2.88%, 10/24/24(b)		360		373,257
Legg Mason Inc.
3.95%, 07/15/24		466		499,389
4.75%, 03/15/26		482		544,331
5.63%, 01/15/44		316		440,479
LSEGA Financing PLC
0.65%, 04/06/24 (Call 03/06/24)(a)(b)		630		623,563
1.38%, 04/06/26 (Call 03/06/26)(b)		1,005		990,182
2.00%, 04/06/28 (Call 02/06/28)(b)		907		900,846
2.50%, 04/06/31 (Call 01/06/31)(b)		1,330		1,341,861
3.20%, 04/06/41 (Call 10/06/40)(b)		826		857,487
Mastercard Inc.
1.90%, 03/15/31 (Call 12/15/30)		595		595,570
2.00%, 03/03/25 (Call 02/03/25)		801		823,395
2.00%, 11/18/31 (Call 08/18/31)		1,000		1,000,379
2.95%, 11/21/26 (Call 08/21/26)(a)		723		771,760
2.95%, 06/01/29 (Call 03/01/29)		1,148		1,233,087
2.95%, 03/15/51 (Call 09/15/50)		346		366,201
3.30%, 03/26/27 (Call 01/26/27)		953		1,031,373
3.35%, 03/26/30 (Call 12/26/29)		695		767,252
3.38%, 04/01/24		1,037		1,095,548
3.50%, 02/26/28 (Call 11/26/27)		611		672,591
3.65%, 06/01/49 (Call 12/01/48)(a)		902		1,053,272
3.80%, 11/21/46 (Call 05/21/46)(a)		390		461,543
3.85%, 03/26/50 (Call 09/26/49)		1,289		1,542,141
3.95%, 02/26/48 (Call 08/26/47)		540		654,487
Mitsubishi HC Capital Inc.
3.56%, 02/28/24 (Call 01/28/24)(b)		400		419,380
3.64%, 04/13/25 (Call 03/13/25)(b)		235		249,985
3.96%, 09/19/23 (Call 08/19/23)(a)(b)		800		840,370
Nasdaq Inc.
1.65%, 01/15/31 (Call 10/15/30)		856		798,853
2.50%, 12/21/40 (Call 06/21/40)		540		504,708
3.25%, 04/28/50 (Call 10/28/49)		395		407,099
3.85%, 06/30/26 (Call 03/30/26)		906		992,353
4.25%, 06/01/24 (Call 03/01/24)(a)		615		657,836
Neuberger Berman Group LLC/Neuberger Berman
Finance Corp.
4.50%, 03/15/27 (Call 12/15/26)(b)		205		228,143
4.88%, 04/15/45 (Call 10/15/44)(a)(b)		100		119,850
Nomura Holdings Inc.
1.65%, 07/14/26		900		885,468
1.85%, 07/16/25		481		483,092
2.17%, 07/14/28		844		828,249
2.61%, 07/14/31		920		906,790
2.65%, 01/16/25		1,470		1,520,089
2.68%, 07/16/30(a)		1,294		1,303,563
3.10%, 01/16/30		750		775,974
Nuveen Finance LLC, 4.13%, 11/01/24(b)		1,150		1,243,452

 27

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Diversified Financial Services (continued)
Nuveen LLC, 4.00%, 11/01/28 (Call 08/01/28)(b)	$	730	$	819,105
ORIX Corp.
2.25%, 03/09/31		575		577,369
3.25%, 12/04/24(a)		1,050		1,108,732
3.70%, 07/18/27(a)		245		267,723
4.05%, 01/16/24		88		93,415
Park Aerospace Holdings Ltd., 5.50%, 02/15/24(b)		221		237,987
Pine Street Trust I, 4.57%, 02/15/29 (Call 11/15/28)(a)(b)		710		809,902
Pine Street Trust II, 5.57%, 02/15/49 (Call 08/15/48)(b)		485		653,628
Power Finance Corp. Ltd.
3.95%, 04/23/30(b)		804		826,945
6.15%, 12/06/28(b)		300		356,693
Raymond James Financial Inc.
3.75%, 04/01/51 (Call 10/01/50)(a)		925		1,045,390
4.65%, 04/01/30 (Call 01/01/30)		567		660,169
4.95%, 07/15/46		394		517,115
REC Ltd.
4.75%, 05/19/23(b)		265		276,514
5.25%, 11/13/23(b)		1,095		1,166,871
Stifel Financial Corp.
4.00%, 05/15/30 (Call 02/15/30)		350		387,256
4.25%, 07/18/24(a)		610		654,447
SURA Asset Management SA, 4.38%, 04/11/27(b)		70		74,498
Synchrony Financial
2.88%, 10/28/31 (Call 07/28/31)		1,155		1,143,789
3.70%, 08/04/26 (Call 05/04/26)		347		369,881
3.95%, 12/01/27 (Call 09/01/27)		661		713,629
4.25%, 08/15/24 (Call 05/15/24)		857		912,358
4.38%, 03/19/24 (Call 02/19/24)		1,004		1,064,456
4.50%, 07/23/25 (Call 04/23/25)		879		954,238
5.15%, 03/19/29 (Call 12/19/28)		323		375,478
USAA Capital Corp.
0.50%, 05/01/24(b)		410		406,168
1.50%, 05/01/23(b)		275		278,387
2.13%, 05/01/30 (Call 02/01/30)(b)		370		373,912
Visa Inc.
0.75%, 08/15/27 (Call 06/15/27)		494		473,137
1.10%, 02/15/31 (Call 11/15/30)(a)		1,262		1,175,326
1.90%, 04/15/27 (Call 02/15/27)		1,390		1,412,459
2.00%, 08/15/50 (Call 02/15/50)(a)		1,917		1,696,066
2.05%, 04/15/30 (Call 01/15/30)		1,116		1,126,183
2.70%, 04/15/40 (Call 10/15/39)		923		942,994
2.75%, 09/15/27 (Call 06/15/27)		630		668,302
3.15%, 12/14/25 (Call 09/14/25)		1,894		2,026,537
3.65%, 09/15/47 (Call 03/15/47)		1,005		1,179,783
4.15%, 12/14/35 (Call 06/14/35)		1,304		1,558,800
4.30%, 12/14/45 (Call 06/14/45)		1,938		2,451,441
Western Union Co. (The)
1.35%, 03/15/26 (Call 02/15/26)		719		703,630
2.75%, 03/15/31 (Call 12/15/30)		111		110,600
2.85%, 01/10/25 (Call 12/10/24)		532		553,202
4.25%, 06/09/23 (Call 05/09/23)		106		110,989
6.20%, 11/17/36		522		653,244
6.20%, 06/21/40(a)		530		684,981
				231,722,931
Electric — 8.0%
Abu Dhabi National Energy Co. PJSC
2.00%, 04/29/28 (Call 01/29/28)(b)		1,000		986,280
3.40%, 04/29/51 (Call 10/29/50)(a)(b)		400		415,894
3.63%, 01/12/23(b)		255		262,199

Security	Par (000)		Value
Electric (continued)
4.00%, 10/03/49(b)	$	695	$	788,814
4.38%, 04/23/25(b)		1,681		1,826,487
4.38%, 06/22/26(b)		375		415,749
4.88%, 04/23/30(b)		335		395,756
6.50%, 10/27/36(a)(b)		564		798,291
Adani Electricity Mumbai Ltd.
3.87%, 07/22/31 (Call 01/22/31)(b)		300		292,664
3.95%, 02/12/30(b)		250		249,851
Adani Transmission Ltd.
4.00%, 08/03/26(b)		590		621,659
4.25%, 05/21/36(a)(b)		452		464,353
AEP Texas Inc.
3.45%, 05/15/51 (Call 11/15/50)		325		340,114
3.80%, 10/01/47 (Call 04/01/47)		390		434,252
3.85%, 10/01/25 (Call 07/01/25)(b)		271		289,331
3.95%, 06/01/28 (Call 03/01/28)		479		529,263
Series E, 6.65%, 02/15/33		224		301,441
Series G, 4.15%, 05/01/49 (Call 11/01/48)		370		433,271
Series H, 3.45%, 01/15/50 (Call 07/15/49)		345		360,730
Series I, 2.10%, 07/01/30 (Call 04/01/30)		942		908,242
AEP Transmission Co. LLC
3.10%, 12/01/26 (Call 09/01/26)		425		451,174
3.15%, 09/15/49 (Call 03/15/49)		220		228,763
3.75%, 12/01/47 (Call 06/01/47)		292		335,846
3.80%, 06/15/49 (Call 12/15/48)		435		502,241
4.00%, 12/01/46 (Call 06/01/46)		300		356,117
4.25%, 09/15/48 (Call 03/15/48)		330		405,572
Series M, 3.65%, 04/01/50 (Call 10/01/49)		210		237,703
Series N, 2.75%, 08/15/51 (Call 02/15/51)		327		320,203
AES Corp. (The)
1.38%, 01/15/26 (Call 12/15/25)(a)		675		655,536
2.45%, 01/15/31 (Call 10/15/30)(a)		615		602,007
3.30%, 07/15/25 (Call 06/15/25)(b)		747		781,422
3.95%, 07/15/30 (Call 04/15/30)(b)		814		877,565
AES Panama Generation Holdings SRL, 4.38%, 05/31/30
(Call 02/28/30)(b)		905		917,453
Alabama Power Co.
2.80%, 04/01/25 (Call 01/01/25)		50		51,953
3.00%, 03/15/52 (Call 09/15/51)		295		300,118
3.13%, 07/15/51 (Call 01/15/51)(a)		575		600,960
3.45%, 10/01/49 (Call 04/01/49)(a)		604		652,742
3.75%, 03/01/45 (Call 09/01/44)		110		123,598
3.85%, 12/01/42		445		507,387
4.10%, 01/15/42		100		113,520
4.15%, 08/15/44 (Call 02/15/44)		306		362,753
4.30%, 01/02/46 (Call 07/02/45)		205		248,945
5.50%, 03/15/41		85		113,175
5.70%, 02/15/33		120		155,650
6.00%, 03/01/39		406		571,969
6.13%, 05/15/38		185		261,110
Series 11-C, 5.20%, 06/01/41		341		441,254
Series 13-A, 3.55%, 12/01/23(a)		123		129,133
Series 20-A, 1.45%, 09/15/30 (Call 06/15/30)		660		620,471
Series A, 4.30%, 07/15/48 (Call 01/15/48)		416		512,069
Series B, 3.70%, 12/01/47 (Call 06/01/47)		531		597,234
Alexander Funding Trust, 1.84%, 11/15/23(b)		596		601,907
Alfa Desarrollo SpA, 4.55%, 09/27/51 (Call 03/27/51)(b)		390		371,475
Alliant Energy Finance LLC
3.75%, 06/15/23 (Call 05/15/23)(b)		511		530,661
4.25%, 06/15/28 (Call 03/15/28)(b)		448		500,193

28

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Ameren Corp.
1.75%, 03/15/28 (Call 01/15/28)	$	440	$	427,349
1.95%, 03/15/27 (Call 02/15/27)		540		539,587
2.50%, 09/15/24 (Call 08/15/24)		1,010		1,041,680
3.50%, 01/15/31 (Call 10/15/30)(a)		777		843,987
3.65%, 02/15/26 (Call 11/15/25)		446		477,919
Ameren Illinois Co.
2.90%, 06/15/51 (Call 12/15/50)		490		510,975
3.25%, 03/01/25 (Call 12/01/24)		235		247,802
3.25%, 03/15/50 (Call 09/15/49)		485		527,409
3.70%, 12/01/47 (Call 06/01/47)		465		547,269
3.80%, 05/15/28 (Call 02/15/28)		75		83,483
4.15%, 03/15/46 (Call 09/15/45)		270		329,187
4.30%, 07/01/44 (Call 01/01/44)(a)		163		197,054
4.50%, 03/15/49 (Call 09/15/48)		264		345,544
4.80%, 12/15/43 (Call 06/15/43)		140		177,506
American Electric Power Co. Inc.
2.30%, 03/01/30 (Call 12/01/29)		595		583,455
3.20%, 11/13/27 (Call 08/13/27)(a)		678		719,083
3.25%, 03/01/50 (Call 09/01/49)(a)		352		352,362
3.88%, 02/15/62 (Call 11/15/26)(c)		200		199,387
Series J, 4.30%, 12/01/28 (Call 09/01/28)		617		690,420
Series M, 0.75%, 11/01/23 (Call 12/31/21)		213		211,158
Series N, 1.00%, 11/01/25 (Call 10/01/25)(a)		585		570,302
American Transmission Systems Inc., 5.00%, 09/01/44
(Call 03/01/44)(b)		353		456,280
Appalachian Power Co.
3.40%, 06/01/25 (Call 03/01/25)		275		291,267
4.40%, 05/15/44 (Call 11/15/43)		259		305,788
4.45%, 06/01/45 (Call 12/01/44)		338		407,328
7.00%, 04/01/38		148		217,467
Series AA, 2.70%, 04/01/31 (Call 01/01/31)(a)		185		188,501
Series L, 5.80%, 10/01/35		35		45,145
Series P, 6.70%, 08/15/37(a)		360		507,060
Series X, 3.30%, 06/01/27 (Call 03/01/27)		170		181,178
Series Y, 4.50%, 03/01/49 (Call 09/01/48)		462		573,534
Series Z, 3.70%, 05/01/50 (Call 11/01/49)		370		407,905
Arizona Public Service Co.
2.20%, 12/15/31 (Call 09/15/31)		640		624,735
2.55%, 09/15/26 (Call 06/15/26)(a)		325		336,035
2.60%, 08/15/29 (Call 05/15/29)		355		363,213
2.65%, 09/15/50 (Call 03/15/50)		410		379,967
2.95%, 09/15/27 (Call 06/15/27)		270		284,715
3.15%, 05/15/25 (Call 02/15/25)		152		159,702
3.35%, 06/15/24 (Call 03/15/24)		275		287,548
3.35%, 05/15/50 (Call 11/15/49)(a)		390		413,363
3.50%, 12/01/49 (Call 06/01/49)		328		354,312
3.75%, 05/15/46 (Call 11/15/45)		310		347,006
4.20%, 08/15/48 (Call 02/15/48)		395		469,806
4.25%, 03/01/49 (Call 09/01/48)		385		462,433
4.35%, 11/15/45 (Call 05/15/45)		270		321,639
4.50%, 04/01/42 (Call 10/01/41)		343		407,631
4.70%, 01/15/44 (Call 07/15/43)		30		36,590
5.05%, 09/01/41 (Call 03/01/41)		360		459,080
Atlantic City Electric Co.
2.30%, 03/15/31 (Call 12/15/30)		275		275,772
4.00%, 10/15/28 (Call 07/15/28)		438		489,746
Ausgrid Finance Pty Ltd., 4.35%, 08/01/28
(Call 05/01/28)(b)		35		39,488

Security	Par (000)		Value
Electric (continued)
Avangrid Inc.
3.15%, 12/01/24 (Call 10/01/24)	$	737	$	772,866
3.20%, 04/15/25 (Call 03/15/25)		618		652,194
3.80%, 06/01/29 (Call 03/01/29)		639		703,155
Avista Corp., 4.35%, 06/01/48 (Call 12/01/47)(a)		400		504,172
Baltimore Gas & Electric Co.
2.40%, 08/15/26 (Call 05/15/26)(a)		302		311,709
2.90%, 06/15/50 (Call 12/15/49)(a)		345		349,039
3.20%, 09/15/49 (Call 03/15/49)		294		311,115
3.35%, 07/01/23 (Call 04/01/23)		354		366,048
3.50%, 08/15/46 (Call 02/15/46)		576		635,571
3.75%, 08/15/47 (Call 02/15/47)		119		137,670
4.25%, 09/15/48 (Call 03/15/48)		375		470,377
6.35%, 10/01/36		322		458,644
Baltimore Gas and Electric Co., 2.25%, 06/15/31
(Call 03/15/31)		540		538,566
Basin Electric Power Cooperative, 4.75%, 04/26/47
(Call 10/26/46)(a)(b)		130		164,548
Berkshire Hathaway Energy Co.
1.65%, 05/15/31 (Call 02/15/31)(a)		630		599,193
2.80%, 01/15/23 (Call 12/15/22)(a)		350		357,583
2.85%, 05/15/51 (Call 11/15/50)		1,120		1,089,107
3.25%, 04/15/28 (Call 01/15/28)		680		732,051
3.50%, 02/01/25 (Call 11/01/24)		789		838,958
3.70%, 07/15/30 (Call 04/15/30)		531		591,097
3.75%, 11/15/23 (Call 08/15/23)		395		415,684
3.80%, 07/15/48 (Call 01/15/48)		578		653,864
4.05%, 04/15/25 (Call 03/15/25)(a)		555		603,900
4.25%, 10/15/50 (Call 04/15/50)		643		795,629
4.45%, 01/15/49 (Call 07/15/48)		214		265,747
4.50%, 02/01/45 (Call 08/01/44)		659		812,488
5.15%, 11/15/43 (Call 05/15/43)		618		808,364
5.95%, 05/15/37		219		299,952
6.13%, 04/01/36		1,296		1,770,751
8.48%, 09/15/28(a)		125		174,353
Black Hills Corp.
1.04%, 08/23/24 (Call 02/23/22)(a)		235		232,848
2.50%, 06/15/30 (Call 03/15/30)		298		296,673
3.05%, 10/15/29 (Call 07/15/29)		695		724,663
3.15%, 01/15/27 (Call 07/15/26)(a)		70		73,478
3.88%, 10/15/49 (Call 04/15/49)		115		128,534
3.95%, 01/15/26 (Call 07/15/25)(a)		335		359,551
4.20%, 09/15/46 (Call 03/15/46)		346		401,316
4.25%, 11/30/23 (Call 08/30/23)		661		697,203
4.35%, 05/01/33 (Call 02/01/33)		414		475,283
CenterPoint Energy Houston Electric LLC
3.55%, 08/01/42 (Call 02/01/42)		518		582,247
3.95%, 03/01/48 (Call 09/01/47)		269		324,149
4.50%, 04/01/44 (Call 10/01/43)		562		717,040
Series AA, 3.00%, 02/01/27 (Call 11/01/26)		325		344,238
Series AC, 4.25%, 02/01/49 (Call 08/01/48)		396		500,896
Series AD, 2.90%, 07/01/50 (Call 01/01/50)		421		435,729
Series AE, 2.35%, 04/01/31 (Call 01/01/31)(a)		225		229,424
Series AF, 3.35%, 04/01/51 (Call 10/01/50)(a)		150		168,218
Series K2, 6.95%, 03/15/33		95		132,573
Series Z, 2.40%, 09/01/26 (Call 06/01/26)		445		460,203
CenterPoint Energy Inc.
1.45%, 06/01/26 (Call 05/01/26)		400		393,122
2.50%, 09/01/24 (Call 08/01/24)		482		495,170
2.65%, 06/01/31 (Call 03/01/31)(a)		525		529,948

 29

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
2.95%, 03/01/30 (Call 12/01/29)	$	457	$	471,054
3.70%, 09/01/49 (Call 03/01/49)(a)		560		617,736
3.85%, 02/01/24 (Call 01/01/24)		645		678,281
4.25%, 11/01/28 (Call 08/01/28)		155		173,916
CEZ AS, 5.63%, 04/03/42(a)(b)		200		252,625
Cleco Corporate Holdings LLC
3.38%, 09/15/29 (Call 06/15/29)		84		85,326
3.74%, 05/01/26 (Call 02/01/26)		562		599,240
4.97%, 05/01/46 (Call 11/01/45)(a)		330		410,942
Cleco Power LLC, 6.00%, 12/01/40(a)		370		512,917
Cleveland Electric Illuminating Co. (The)
3.50%, 04/01/28 (Call 01/01/28)(b)		190		200,511
4.55%, 11/15/30 (Call 08/15/30)(b)		415		479,029
5.50%, 08/15/24		75		83,194
5.95%, 12/15/36		667		892,407
CMS Energy Corp.
2.95%, 02/15/27 (Call 11/15/26)		554		577,580
3.00%, 05/15/26 (Call 02/15/26)		365		383,205
3.45%, 08/15/27 (Call 05/15/27)(a)		140		151,129
3.60%, 11/15/25 (Call 08/15/25)(a)		284		303,098
3.75%, 12/01/50 (Call 09/01/30)(c)		299		294,022
3.88%, 03/01/24 (Call 12/01/23)		220		231,789
4.70%, 03/31/43 (Call 09/30/42)		110		134,831
4.75%, 06/01/50 (Call 03/01/30)(c)		412		452,685
4.88%, 03/01/44 (Call 09/01/43)		238		301,975
Colbun SA
3.15%, 03/06/30 (Call 12/06/29)(b)		200		198,702
3.95%, 10/11/27 (Call 07/11/27)(b)		370		392,666
Cometa Energia SA de CV, 6.38%, 04/24/35
(Call 01/24/35)(b)		360		400,504
Comision Federal de Electricidad
3.35%, 02/09/31 (Call 11/09/30)(a)(b)		830		792,658
3.88%, 07/26/33 (Call 04/26/33)(b)		805		768,372
4.68%, 02/09/51 (Call 08/09/50)(b)		1,195		1,106,881
4.75%, 02/23/27(b)		1,200		1,321,812
4.88%, 01/15/24(a)(b)		1,534		1,626,055
5.75%, 02/14/42(b)		645		693,381
6.13%, 06/16/45(b)		5		5,788
Commonwealth Edison Co.
2.20%, 03/01/30 (Call 12/01/29)		342		345,199
2.55%, 06/15/26 (Call 03/15/26)		588		613,301
3.00%, 03/01/50 (Call 09/01/49)		376		388,820
3.65%, 06/15/46 (Call 12/15/45)		469		536,350
3.70%, 08/15/28 (Call 05/15/28)		614		681,377
3.70%, 03/01/45 (Call 09/01/44)		557		644,682
3.80%, 10/01/42 (Call 04/01/42)		354		406,461
4.00%, 03/01/48 (Call 09/01/47)(a)		375		448,525
4.00%, 03/01/49 (Call 09/01/48)		430		516,492
4.35%, 11/15/45 (Call 05/15/45)		335		417,791
4.60%, 08/15/43 (Call 02/15/43)		159		202,919
4.70%, 01/15/44 (Call 07/15/43)		345		443,177
6.45%, 01/15/38		349		511,691
Series 122, 2.95%, 08/15/27 (Call 05/15/27)(a)		430		456,396
Series 123, 3.75%, 08/15/47 (Call 02/15/47)		523		614,744
Series 127, 3.20%, 11/15/49 (Call 05/15/49)		266		285,883
Series 130, 3.13%, 03/15/51 (Call 09/15/50)		450		473,787
Series 131, 2.75%, 09/01/51 (Call 03/01/51)		640		634,880
Connecticut Light & Power Co. (The)
2.50%, 01/15/23 (Call 10/15/22)		136		138,261
4.00%, 04/01/48 (Call 10/01/47)		720		884,880

Security	Par (000)		Value
Electric (continued)
4.30%, 04/15/44 (Call 10/15/43)	$	465	$	570,847
Series A, 0.75%, 12/01/25 (Call 11/01/25)(a)		729		711,159
Series A, 2.05%, 07/01/31 (Call 04/01/31)		375		372,703
Series A, 3.20%, 03/15/27 (Call 12/15/26)		687		737,877
Series A, 4.15%, 06/01/45 (Call 12/01/44)		65		80,775
Consolidated Edison Co. of New York Inc.
2.40%, 06/15/31 (Call 03/15/31)		480		483,099
3.30%, 12/01/24 (Call 09/01/24)(a)		35		36,861
3.60%, 06/15/61 (Call 12/15/60)		360		392,130
3.70%, 11/15/59 (Call 05/15/59)(a)		398		432,469
3.80%, 05/15/28 (Call 02/15/28)(a)		210		231,460
3.85%, 06/15/46 (Call 12/15/45)		516		577,373
3.95%, 03/01/43 (Call 09/01/42)		300		331,427
4.45%, 03/15/44 (Call 09/15/43)		787		938,306
4.50%, 12/01/45 (Call 06/01/45)		515		622,043
4.50%, 05/15/58 (Call 11/15/57)		604		759,309
4.63%, 12/01/54 (Call 06/01/54)		605		770,404
5.70%, 06/15/40		260		351,846
Series 05-A, 5.30%, 03/01/35		359		455,265
Series 06-A, 5.85%, 03/15/36		105		139,643
Series 06-B, 6.20%, 06/15/36		25		34,740
Series 06-E, 5.70%, 12/01/36		465		610,621
Series 07-A, 6.30%, 08/15/37		343		483,280
Series 08-B, 6.75%, 04/01/38		454		667,581
Series 09-C, 5.50%, 12/01/39		388		512,066
Series 12-A, 4.20%, 03/15/42		384		438,483
Series 2017, 3.88%, 06/15/47 (Call 12/15/46)		489		547,398
Series 20A, 3.35%, 04/01/30 (Call 01/01/30)		811		874,342
Series 20B, 3.95%, 04/01/50 (Call 10/01/49)(a)		530		618,064
Series A, 4.13%, 05/15/49 (Call 11/15/48)		585		695,217
Series B, 2.90%, 12/01/26 (Call 09/01/26)(a)		105		108,739
Series B, 3.13%, 11/15/27 (Call 08/15/27)		752		792,787
Series C, 3.00%, 12/01/60 (Call 06/01/60)		545		521,705
Series C, 4.00%, 11/15/57 (Call 05/15/57)		450		516,639
Series C, 4.30%, 12/01/56 (Call 06/01/56)		596		715,333
Series D, 4.00%, 12/01/28 (Call 09/01/28)(a)		65		73,208
Series E, 4.65%, 12/01/48 (Call 06/01/48)		478		596,678
Consolidated Edison Inc., Series A, 0.65%, 12/01/23
(Call 12/31/21)		820		814,496
Consorcio Transmantaro SA, 4.70%, 04/16/34(b)		485		532,673
Consumers Energy Co.
0.35%, 06/01/23 (Call 05/01/23)		115		114,396
2.50%, 05/01/60 (Call 11/01/59)		680		618,309
2.65%, 08/15/52 (Call 02/15/52)		110		108,941
3.10%, 08/15/50 (Call 02/15/50)		490		523,406
3.13%, 08/31/24 (Call 05/31/24)		400		418,570
3.25%, 08/15/46 (Call 02/15/46)		345		375,348
3.38%, 08/15/23 (Call 05/15/23)		201		208,604
3.50%, 08/01/51 (Call 02/01/51)		435		496,202
3.75%, 02/15/50 (Call 08/15/49)		398		468,832
3.80%, 11/15/28 (Call 08/15/28)		551		616,201
3.95%, 05/15/43 (Call 11/15/42)		275		321,186
3.95%, 07/15/47 (Call 01/15/47)		295		356,542
4.05%, 05/15/48 (Call 11/15/47)(a)		463		568,653
4.10%, 11/15/45 (Call 05/15/45)		25		29,818
4.35%, 04/15/49 (Call 10/15/48)		406		519,696
4.35%, 08/31/64 (Call 02/28/64)		180		230,280
Dayton Power & Light Co. (The), 3.95%, 06/15/49
(Call 12/15/48)		365		423,274

30

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Delmarva Power & Light Co.
3.50%, 11/15/23 (Call 08/15/23)	$	253	$	264,361
4.00%, 06/01/42 (Call 12/01/41)(a)		175		195,913
4.15%, 05/15/45 (Call 11/15/44)		446		532,302
Dominion Energy Inc.
2.45%, 01/15/23(b)		150		152,804
3.07%, 08/15/24(e)		780		812,022
3.90%, 10/01/25 (Call 07/01/25)		159		171,945
4.25%, 06/01/28 (Call 03/01/28)		378		423,825
4.70%, 12/01/44 (Call 06/01/44)		325		404,503
5.75%, 10/01/54 (Call 10/01/24),
(3 mo. LIBOR US + 3.057%)(c)		523		560,025
7.00%, 06/15/38		316		460,756
Series A, 1.45%, 04/15/26 (Call 03/15/26)		100		98,844
Series A, 3.30%, 03/15/25 (Call 02/15/25)		463		487,044
Series A, 4.60%, 03/15/49 (Call 09/15/48)		414		530,782
Series B, 3.30%, 04/15/41 (Call 10/15/40)		385		404,983
Series B, 3.60%, 03/15/27 (Call 01/15/27)		120		129,858
Series B, 5.95%, 06/15/35		595		788,852
Series C, 2.25%, 08/15/31 (Call 05/15/31)		610		598,672
Series C, 3.38%, 04/01/30 (Call 01/01/30)		1,251		1,328,004
Series C, 4.05%, 09/15/42 (Call 03/15/42)(a)		309		351,266
Series C, 4.90%, 08/01/41 (Call 02/01/41)		541		676,833
Series D, 2.85%, 08/15/26 (Call 05/15/26)		355		372,743
Series E, 6.30%, 03/15/33		145		192,790
Series F, 5.25%, 08/01/33		544		673,403
Dominion Energy South Carolina Inc.
4.60%, 06/15/43 (Call 12/15/42)(a)		182		227,333
5.10%, 06/01/65 (Call 12/01/64)(a)		400		590,236
5.30%, 05/15/33(a)		145		185,031
5.45%, 02/01/41 (Call 08/01/40)(a)		235		321,318
6.05%, 01/15/38		550		780,847
6.63%, 02/01/32		462		630,984
Series A, 2.30%, 12/01/31 (Call 09/01/31)		100		100,644
DTE Electric Co.
2.25%, 03/01/30 (Call 12/01/29)		324		327,538
2.95%, 03/01/50 (Call 09/01/49)		530		549,837
3.38%, 03/01/25 (Call 12/01/24)(a)		125		132,551
3.65%, 03/15/24 (Call 12/15/23)		140		147,496
3.70%, 03/15/45 (Call 09/15/44)		483		553,644
3.70%, 06/01/46 (Call 12/01/45)		369		422,546
3.75%, 08/15/47 (Call 02/15/47)		357		413,096
3.95%, 06/15/42 (Call 12/15/41)		99		112,645
3.95%, 03/01/49 (Call 09/01/48)(a)		449		541,859
4.30%, 07/01/44 (Call 01/01/44)		325		396,329
5.70%, 10/01/37		106		142,528
Series A, 1.90%, 04/01/28 (Call 02/01/28)		170		169,409
Series A, 4.00%, 04/01/43 (Call 10/01/42)		328		387,886
Series A, 4.05%, 05/15/48 (Call 11/15/47)		480		590,499
Series A, 6.63%, 06/01/36(a)		75		107,779
Series B, 3.25%, 04/01/51 (Call 10/01/50)		277		305,960
Series C, 2.63%, 03/01/31 (Call 12/01/30)(a)		358		370,330
DTE Energy Co.
2.85%, 10/01/26 (Call 07/01/26)		650		679,011
2.95%, 03/01/30 (Call 12/01/29)		454		471,033
Series C, 2.53%, 10/01/24		974		1,006,140
Series C, 3.40%, 06/15/29 (Call 03/15/29)		753		800,752
Series F, 1.05%, 06/01/25 (Call 05/01/25)		766		752,805
Duke Energy Carolinas LLC
2.45%, 08/15/29 (Call 05/15/29)		401		411,168

Security	Par (000)		Value
Electric (continued)
2.45%, 02/01/30 (Call 11/01/29)	$	518	$	526,294
2.50%, 03/15/23 (Call 01/15/23)		467		476,048
2.55%, 04/15/31 (Call 01/15/31)		280		285,912
2.95%, 12/01/26 (Call 09/01/26)		751		794,072
3.05%, 03/15/23 (Call 02/15/23)(a)		38		39,028
3.20%, 08/15/49 (Call 02/15/49)		422		448,514
3.45%, 04/15/51 (Call 10/15/50)		390		439,702
3.70%, 12/01/47 (Call 06/01/47)		577		651,026
3.75%, 06/01/45 (Call 12/01/44)		354		403,888
3.88%, 03/15/46 (Call 09/15/45)		318		368,998
3.95%, 11/15/28 (Call 08/15/28)		692		775,828
3.95%, 03/15/48 (Call 09/15/47)		389		456,158
4.00%, 09/30/42 (Call 03/30/42)		407		474,727
4.25%, 12/15/41 (Call 06/15/41)		655		780,281
5.30%, 02/15/40		362		483,120
6.00%, 01/15/38		152		212,055
6.05%, 04/15/38		457		643,127
6.10%, 06/01/37		449		618,093
6.45%, 10/15/32		435		581,310
Series A, 6.00%, 12/01/28		406		502,550
Duke Energy Corp.
0.90%, 09/15/25 (Call 08/15/25)		842		819,721
2.45%, 06/01/30 (Call 03/01/30)		691		685,589
2.55%, 06/15/31 (Call 03/15/31)		755		751,347
2.65%, 09/01/26 (Call 06/01/26)		902		934,545
3.15%, 08/15/27 (Call 05/15/27)		709		744,996
3.25%, 01/15/82 (Call 01/15/27)(c)		495		479,173
3.30%, 06/15/41 (Call 12/15/40)		655		668,257
3.40%, 06/15/29 (Call 03/15/29)		590		629,603
3.50%, 06/15/51 (Call 12/15/50)		365		382,635
3.75%, 04/15/24 (Call 01/15/24)		688		724,410
3.75%, 09/01/46 (Call 03/01/46)		1,030		1,111,187
3.95%, 10/15/23 (Call 07/15/23)		787		824,827
3.95%, 08/15/47 (Call 02/15/47)		441		490,728
4.20%, 06/15/49 (Call 12/15/48)		428		490,121
4.80%, 12/15/45 (Call 06/15/45)		427		536,707
Duke Energy Florida LLC
0.00%, 12/15/51 (Call 06/15/51)(f)		165		167,272
1.75%, 06/15/30 (Call 03/15/30)		470		451,914
2.40%, 12/15/31 (Call 09/15/3031)		365		367,312
2.50%, 12/01/29 (Call 09/01/29)		686		706,672
3.20%, 01/15/27 (Call 10/15/26)		530		566,413
3.40%, 10/01/46 (Call 04/01/46)		489		522,518
3.80%, 07/15/28 (Call 04/15/28)(a)		33		36,598
3.85%, 11/15/42 (Call 05/15/42)(a)		447		508,897
4.20%, 07/15/48 (Call 01/15/48)		390		476,425
5.65%, 04/01/40		335		458,111
6.35%, 09/15/37		464		682,618
6.40%, 06/15/38(a)		288		418,886
Duke Energy Indiana LLC
2.75%, 04/01/50 (Call 10/01/49)		475		459,631
3.75%, 05/15/46 (Call 11/15/45)(a)		454		523,926
6.12%, 10/15/35		204		274,103
6.35%, 08/15/38		402		580,076
6.45%, 04/01/39		439		642,832
Series UUU, 4.20%, 03/15/42 (Call 09/15/41)		505		587,389
Series WWW, 4.90%, 07/15/43 (Call 01/15/43)		285		368,006
Series YYY, 3.25%, 10/01/49 (Call 04/01/49)		407		435,818
Duke Energy Ohio Inc.
2.13%, 06/01/30 (Call 03/01/30)(a)		379		372,478

 31

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
3.65%, 02/01/29 (Call 11/01/28)	$	384	$	419,655
3.70%, 06/15/46 (Call 12/15/45)(a)		355		403,615
3.80%, 09/01/23 (Call 06/01/23)		75		78,132
4.30%, 02/01/49 (Call 08/01/48)		419		517,467
Duke Energy Progress LLC
2.00%, 08/15/31 (Call 05/15/31)		275		269,771
2.50%, 08/15/50 (Call 02/15/50)		535		500,519
2.90%, 08/15/51 (Call 02/15/51)		230		232,084
3.25%, 08/15/25 (Call 05/15/25)		569		605,730
3.38%, 09/01/23 (Call 08/01/23)		400		417,278
3.45%, 03/15/29 (Call 12/15/28)		109		117,964
3.60%, 09/15/47 (Call 03/15/47)		535		599,118
3.70%, 09/01/28 (Call 06/01/28)		398		438,937
3.70%, 10/15/46 (Call 04/15/46)		506		581,388
4.10%, 05/15/42 (Call 11/15/41)		424		493,659
4.10%, 03/15/43 (Call 09/15/42)		334		394,877
4.15%, 12/01/44 (Call 06/01/44)		410		484,095
4.20%, 08/15/45 (Call 02/15/45)		392		480,557
4.38%, 03/30/44 (Call 09/30/43)(a)		343		421,178
Duquesne Light Holdings Inc.
2.53%, 10/01/30 (Call 07/01/30)(b)		275		270,814
2.78%, 01/07/32 (Call 10/07/31)(b)		325		324,827
3.62%, 08/01/27 (Call 05/01/27)(b)		210		223,624
E.ON International Finance BV, 6.65%, 04/30/38(b)		895		1,272,608
Edison International
2.95%, 03/15/23 (Call 01/15/23)		218		221,853
3.13%, 11/15/22 (Call 10/15/22)		144		146,405
3.55%, 11/15/24 (Call 10/15/24)		637		671,032
4.13%, 03/15/28 (Call 12/15/27)(a)		399		425,530
4.95%, 04/15/25 (Call 03/15/25)		149		162,375
5.75%, 06/15/27 (Call 04/15/27)		191		217,575
EDP Finance BV
1.71%, 01/24/28(a)(b)		551		537,126
3.63%, 07/15/24(b)		905		954,432
El Paso Electric Co.
5.00%, 12/01/44 (Call 06/01/44)		282		350,929
6.00%, 05/15/35(a)		409		543,501
Electricite de France SA
3.63%, 10/13/25 (Call 07/13/25)(b)		1,002		1,075,299
4.50%, 09/21/28 (Call 06/21/28)(b)		1,808		2,059,627
4.75%, 10/13/35 (Call 04/13/35)(a)(b)		467		562,433
4.88%, 09/21/38 (Call 03/21/38)(a)(b)		215		265,903
4.88%, 01/22/44(b)		841		1,061,702
4.95%, 10/13/45 (Call 04/13/45)(b)		969		1,253,290
5.00%, 09/21/48 (Call 03/21/48)(a)(b)		969		1,292,107
5.25%, 10/13/55 (Call 04/13/55)(b)		260		350,081
5.60%, 01/27/40(b)		733		971,691
6.00%, 01/22/2114(b)		600		861,180
6.95%, 01/26/39(b)		1,224		1,811,556
Emera U.S. Finance LP
3.55%, 06/15/26 (Call 03/15/26)		560		599,341
4.75%, 06/15/46 (Call 12/15/45)		1,229		1,458,671
Emera US Finance LP
0.83%, 06/15/24		195		192,294
2.64%, 06/15/31 (Call 03/15/31)		365		363,965
Empresa de Transmision Electrica SA, 5.13%, 05/02/49(b)		445		493,950
Enel Americas SA, 4.00%, 10/25/26 (Call 07/25/26)(a)		540		571,055
Enel Chile SA, 4.88%, 06/12/28 (Call 03/12/28)		562		622,415
Enel Finance International NV
1.38%, 07/12/26 (Call 06/12/26)(b)		875		856,937

Security	Par (000)		Value
Electric (continued)
1.88%, 07/12/28 (Call 05/12/28)(b)	$	575	$	564,052
2.25%, 07/12/31 (Call 04/12/31)(b)		731		714,631
2.65%, 09/10/24(b)		1,143		1,181,730
2.88%, 07/12/41 (Call 01/12/41)(a)(b)		1,040		1,002,040
3.50%, 04/06/28(a)(b)		1,000		1,080,207
3.63%, 05/25/27(b)		40		43,362
4.75%, 05/25/47(a)(b)		800		1,002,747
6.00%, 10/07/39(b)		1,402		1,918,904
6.80%, 09/15/37(a)(b)		815		1,185,700
Enel Generacion Chile SA, 4.25%, 04/15/24
(Call 01/15/24)(a)		602		633,605
Enel SpA, 8.75%, 09/24/73 (Call 09/24/23)(b)(c)		741		829,920
Engie Energia Chile SA, 4.50%, 01/29/25(b)		320		341,360
Entergy Arkansas LLC
2.65%, 06/15/51 (Call 12/15/50)		535		511,215
3.05%, 06/01/23 (Call 03/01/23)		150		154,346
3.35%, 06/15/52 (Call 12/15/51)		335		364,968
3.50%, 04/01/26 (Call 01/01/26)		563		606,782
3.70%, 06/01/24 (Call 03/01/24)		381		401,873
4.00%, 06/01/28 (Call 03/01/28)		550		614,273
4.20%, 04/01/49 (Call 10/01/48)(a)		350		428,879
4.95%, 12/15/44 (Call 12/15/24)		95		104,152
Entergy Corp.
0.90%, 09/15/25 (Call 08/15/25)		887		863,312
1.90%, 06/15/28 (Call 04/15/28)		280		272,930
2.40%, 06/15/31 (Call 03/05/31)		553		546,177
2.80%, 06/15/30 (Call 03/15/30)		460		470,411
2.95%, 09/01/26 (Call 06/01/26)		611		639,579
3.75%, 06/15/50 (Call 12/15/49)(a)		543		596,517
Entergy Gulf States Louisiana LLC, 5.59%, 10/01/24		57		63,742
Entergy Louisiana LLC
0.62%, 11/17/23 (Call 12/31/21)		50		49,653
1.60%, 12/15/30 (Call 09/15/30)		351		330,459
2.35%, 06/15/32 (Call 03/15/32)		399		396,835
2.40%, 10/01/26 (Call 07/01/26)		474		487,416
2.90%, 03/15/51 (Call 09/15/50)		743		745,124
3.05%, 06/01/31 (Call 03/01/31)		350		371,169
3.10%, 06/15/41 (Call 12/15/40)		115		119,772
3.12%, 09/01/27 (Call 06/01/27)		501		529,455
3.25%, 04/01/28 (Call 01/01/28)		349		375,412
4.00%, 03/15/33 (Call 12/15/32)		699		800,234
4.05%, 09/01/23 (Call 06/01/23)		125		130,393
4.20%, 09/01/48 (Call 03/01/48)		871		1,063,938
4.20%, 04/01/50 (Call 10/01/49)		335		411,753
4.95%, 01/15/45 (Call 01/15/25)		305		329,411
5.40%, 11/01/24		442		493,638
Entergy Mississippi LLC
2.85%, 06/01/28 (Call 03/01/28)		280		294,768
3.10%, 07/01/23 (Call 04/01/23)		437		447,934
3.85%, 06/01/49 (Call 12/01/48)		442		515,579
Entergy Texas Inc.
1.75%, 03/15/31 (Call 12/15/30)		593		559,384
3.55%, 09/30/49 (Call 03/30/49)(a)		420		456,767
4.00%, 03/30/29 (Call 12/30/28)(a)		200		221,288
4.50%, 03/30/39 (Call 09/30/38)		256		305,442
5.15%, 06/01/45 (Call 06/01/25)		105		113,814
Evergy Inc.
2.45%, 09/15/24 (Call 08/15/24)		1,218		1,256,631
2.90%, 09/15/29 (Call 06/15/29)(a)		844		878,455

32

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Evergy Kansas Central Inc.
2.55%, 07/01/26 (Call 04/01/26)	$	70	$	72,467
3.10%, 04/01/27 (Call 01/01/27)		760		805,307
3.25%, 12/01/25 (Call 09/01/25)(a)		292		309,862
3.25%, 09/01/49 (Call 03/01/49)		370		390,974
3.45%, 04/15/50 (Call 10/15/49)		220		241,195
4.10%, 04/01/43 (Call 10/01/42)		410		485,798
4.13%, 03/01/42 (Call 09/01/41)		375		439,349
4.25%, 12/01/45 (Call 06/01/45)(a)		221		271,068
4.63%, 09/01/43 (Call 03/01/43)(a)		160		194,258
Evergy Metro Inc.
3.15%, 03/15/23 (Call 12/15/22)		250		256,188
3.65%, 08/15/25 (Call 05/15/25)		140		149,396
4.20%, 06/15/47 (Call 12/15/46)		245		299,884
4.20%, 03/15/48 (Call 09/15/47)		385		470,839
5.30%, 10/01/41 (Call 04/01/41)(a)		464		613,577
Series 2019, 4.13%, 04/01/49 (Call 10/01/48)		367		446,393
Series 2020, 2.25%, 06/01/30 (Call 03/01/30)(a)		486		489,995
Series B, 6.05%, 11/15/35		50		67,729
Eversource Energy
2.55%, 03/15/31 (Call 12/15/30)		610		617,613
2.80%, 05/01/23 (Call 02/01/23)		375		382,998
3.35%, 03/15/26 (Call 12/15/25)		45		47,536
3.45%, 01/15/50 (Call 07/15/49)		595		634,089
Series H, 3.15%, 01/15/25 (Call 10/15/24)		101		105,994
Series L, 2.90%, 10/01/24 (Call 08/01/24)		379		394,043
Series M, 3.30%, 01/15/28 (Call 10/15/27)		125		134,179
Series N, 3.80%, 12/01/23 (Call 11/01/23)		350		367,552
Series O, 4.25%, 04/01/29 (Call 01/01/29)		334		376,458
Series Q, 0.80%, 08/15/25 (Call 07/15/25)		421		410,322
Series R, 1.65%, 08/15/30 (Call 05/15/30)		637		597,624
Series U, 1.40%, 08/15/26 (Call 07/15/26)(a)		200		196,760
Exelon Corp.
3.40%, 04/15/26 (Call 01/15/26)		439		467,881
3.95%, 06/15/25 (Call 03/15/25)		853		916,203
4.05%, 04/15/30 (Call 01/15/30)		322		360,910
4.45%, 04/15/46 (Call 10/15/45)		500		619,974
4.70%, 04/15/50 (Call 10/15/49)		528		679,923
4.95%, 06/15/35 (Call 12/15/34)		150		182,134
5.10%, 06/15/45 (Call 12/15/44)		336		443,549
5.63%, 06/15/35(a)		450		577,396
7.60%, 04/01/32		250		351,415
Exelon Generation Co. LLC
3.25%, 06/01/25 (Call 05/01/25)(a)		736		773,487
5.60%, 06/15/42 (Call 12/15/41)		682		821,159
5.75%, 10/01/41 (Call 04/01/41)(a)		410		501,892
6.25%, 10/01/39		165		211,448
FEL Energy VI Sarl, 5.75%, 12/01/40 (Call 12/01/37)(b)		591		561,630
FirstEnergy Transmission LLC
2.87%, 09/15/28 (Call 07/15/28)(b)		100		101,176
4.35%, 01/15/25 (Call 10/15/24)(b)		170		180,336
4.55%, 04/01/49 (Call 10/01/48)(b)		75		87,713
5.45%, 07/15/44 (Call 01/15/44)(b)		10		12,655
Florida Power & Light Co.
2.75%, 06/01/23 (Call 12/01/22)		297		303,330
2.85%, 04/01/25 (Call 03/01/25)		888		929,395
2.88%, 12/04/51 (Call 06/04/51)		600		621,706
3.13%, 12/01/25 (Call 06/01/25)		446		474,410
3.15%, 10/01/49 (Call 04/01/49)(a)		63		68,398
3.25%, 06/01/24 (Call 12/01/23)		186		194,360

Security	Par (000)		Value
Electric (continued)
3.70%, 12/01/47 (Call 06/01/47)	$	739	$	869,876
3.80%, 12/15/42 (Call 06/15/42)		367		428,318
3.95%, 03/01/48 (Call 09/01/47)		570		697,519
3.99%, 03/01/49 (Call 09/01/48)		490		603,811
4.05%, 06/01/42 (Call 12/01/41)		190		228,553
4.05%, 10/01/44 (Call 04/01/44)(a)		530		649,669
4.13%, 02/01/42 (Call 08/01/41)		545		659,683
4.13%, 06/01/48 (Call 12/01/47)		436		548,368
4.95%, 06/01/35		345		442,357
5.13%, 06/01/41 (Call 12/01/40)		235		310,517
5.25%, 02/01/41 (Call 08/01/40)		475		645,970
5.63%, 04/01/34		82		109,545
5.65%, 02/01/37		325		442,898
5.69%, 03/01/40		590		837,587
5.95%, 10/01/33(a)		325		436,760
5.95%, 02/01/38		445		635,270
5.96%, 04/01/39		385		553,883
Fortis Inc./Canada, 3.06%, 10/04/26 (Call 07/04/26)		925		968,059
Georgia Power Co.
3.25%, 04/01/26 (Call 01/01/26)(a)		210		223,547
3.25%, 03/30/27 (Call 12/30/26)		70		74,133
4.30%, 03/15/42		863		989,890
4.30%, 03/15/43		325		370,970
5.40%, 06/01/40		139		174,789
Series 10-C, 4.75%, 09/01/40		549		650,003
Series A, 2.10%, 07/30/23		409		416,453
Series A, 2.20%, 09/15/24 (Call 08/15/24)		582		594,993
Series A, 3.25%, 03/15/51 (Call 09/15/50)(a)		605		605,619
Series B, 2.65%, 09/15/29 (Call 06/15/29)		478		487,376
Series B, 3.70%, 01/30/50 (Call 07/30/49)		472		512,729
Great River Energy, 6.25%, 07/01/38(a)(b)		72		86,616
Gulf Power Co., Series A, 3.30%, 05/30/27 (Call 02/28/27)		50		53,549
Iberdrola International BV
5.81%, 03/15/25(a)		100		114,851
6.75%, 07/15/36(a)		780		1,166,903
Idaho Power Co., Series K, 4.20%, 03/01/48
(Call 09/01/47)		325		405,226
Indiana Michigan Power Co.
3.25%, 05/01/51 (Call 11/01/50)		355		376,032
3.85%, 05/15/28 (Call 02/15/28)		140		153,861
4.25%, 08/15/48 (Call 02/15/48)		380		465,365
6.05%, 03/15/37		165		228,067
Series J, 3.20%, 03/15/23 (Call 12/15/22)		241		246,910
Series K, 4.55%, 03/15/46 (Call 09/15/45)		410		515,960
Series L, 3.75%, 07/01/47 (Call 01/01/47)		322		367,498
Indianapolis Power & Light Co.
4.05%, 05/01/46 (Call 11/01/45)(b)		360		426,112
4.70%, 09/01/45 (Call 03/01/45)(a)(b)		305		386,138
Infraestructura Energetica Nova SAB de CV
3.75%, 01/14/28(b)		55		57,201
4.75%, 01/15/51 (Call 07/15/50)(b)		449		438,808
4.88%, 01/14/48(b)		400		401,504
Interchile SA, 4.50%, 06/30/56 (Call 12/30/55)(a)(b)		950		992,759
Interstate Power & Light Co.
2.30%, 06/01/30 (Call 03/01/30)		15		15,022
3.25%, 12/01/24 (Call 09/01/24)(a)		428		449,988
3.40%, 08/15/25 (Call 05/15/25)(a)		300		317,674
3.50%, 09/30/49 (Call 03/30/49)		350		385,773
3.60%, 04/01/29 (Call 01/01/29)		234		257,452
3.70%, 09/15/46 (Call 03/15/46)		320		367,814

 33

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
4.10%, 09/26/28 (Call 06/26/28)	$	610	$	686,028
4.70%, 10/15/43 (Call 04/15/43)		297		371,014
6.25%, 07/15/39		96		134,203
Interstate Power and Light Co., 3.10%, 11/30/51
(Call 05/30/51)		260		265,404
IPALCO Enterprises Inc.
3.70%, 09/01/24 (Call 07/01/24)		400		420,572
4.25%, 05/01/30 (Call 02/01/30)		400		443,998
Israel Electric Corp. Ltd.
4.25%, 08/14/28(b)		470		517,000
6.88%, 06/21/23(b)		218		236,542
7.75%, 12/15/27(a)(b)		100		127,590
Series 6, 5.00%, 11/12/24(b)		1,000		1,089,590
ITC Holdings Corp.
2.95%, 05/14/30 (Call 02/14/30)(b)		762		785,798
3.25%, 06/30/26 (Call 03/30/26)		555		590,231
3.35%, 11/15/27 (Call 08/15/27)		667		711,657
3.65%, 06/15/24 (Call 03/15/24)(a)		170		178,541
4.05%, 07/01/23 (Call 04/01/23)		153		159,132
5.30%, 07/01/43 (Call 01/01/43)		285		377,575
Jersey Central Power & Light Co.
2.75%, 03/01/32 (Call 12/01/31)(b)		495		504,528
4.30%, 01/15/26 (Call 10/15/25)(a)(b)		850		926,120
4.70%, 04/01/24 (Call 01/01/24)(b)		250		266,123
Kallpa Generacion SA, 4.13%, 08/16/27 (Call 05/16/27)(b)		540		556,205
Kentucky Utilities Co.
3.30%, 10/01/25 (Call 07/01/25)		500		529,649
3.30%, 06/01/50 (Call 12/01/49)		280		299,843
4.38%, 10/01/45 (Call 04/01/45)		492		604,907
5.13%, 11/01/40 (Call 05/01/40)		460		600,491
Series 1, 4.65%, 11/15/43 (Call 05/15/43)		379		465,566
Korea East-West Power Co. Ltd.
1.75%, 05/06/25(b)		745		753,247
3.88%, 07/19/23(b)		375		393,371
Korea Southern Power Co. Ltd., 0.75%, 01/27/26(b)		515		498,798
Liberty Utilities Finance GP 1, 2.05%, 09/15/30
(Call 06/15/30)(a)(b)		318		306,495
LLPL Capital Pte Ltd., 6.88%, 02/04/39(a)(b)		363		415,459
Louisville Gas & Electric Co.
4.25%, 04/01/49 (Call 10/01/48)		157		197,513
4.38%, 10/01/45 (Call 04/01/45)		328		394,168
4.65%, 11/15/43 (Call 05/15/43)(a)		380		472,134
Series 25, 3.30%, 10/01/25 (Call 07/01/25)(a)		101		107,422
Louisville Gas and Electric Co., 5.13%, 11/15/40
(Call 05/15/40)(a)		320		410,372
Majapahit Holding BV, 7.88%, 06/29/37(b)		100		139,250
Massachusetts Electric Co.
1.73%, 11/24/30 (Call 08/24/30)(a)(b)		340		321,416
4.00%, 08/15/46 (Call 02/15/46)(b)		455		504,146
5.90%, 11/15/39(a)(b)		640		863,313
Metropolitan Edison Co.
4.00%, 04/15/25(b)		150		159,019
4.30%, 01/15/29 (Call 10/15/28)(a)(b)		390		434,249
Mexico Generadora de Energia S de rl, 5.50%,
12/06/32(b)		109		120,217
MidAmerican Energy Co.
2.70%, 08/01/52 (Call 02/01/52)		715		715,913
3.10%, 05/01/27 (Call 02/01/27)		183		195,402
3.15%, 04/15/50 (Call 10/15/49)(a)		740		790,709
3.50%, 10/15/24 (Call 07/15/24)		255		270,215

Security	Par (000)		Value
Electric (continued)
3.65%, 04/15/29 (Call 01/15/29)	$	667	$	733,863
3.65%, 08/01/48 (Call 02/01/48)		382		437,876
3.70%, 09/15/23 (Call 06/15/23)		282		293,784
3.95%, 08/01/47 (Call 02/01/47)		540		645,501
4.25%, 05/01/46 (Call 11/01/45)		481		593,930
4.25%, 07/15/49 (Call 01/15/49)		665		828,529
4.40%, 10/15/44 (Call 04/15/44)		333		411,375
4.80%, 09/15/43 (Call 03/15/43)		485		626,176
5.75%, 11/01/35(a)		80		107,173
5.80%, 10/15/36		575		790,040
6.75%, 12/30/31		490		682,521
Mid-Atlantic Interstate Transmission LLC, 4.10%, 05/15/28
(Call 02/15/28)(b)		535		592,831
Minejesa Capital BV
4.63%, 08/10/30(a)(b)		889		913,447
5.63%, 08/10/37(b)		580		607,596
Mississippi Power Co.
3.95%, 03/30/28 (Call 12/30/27)(a)		451		494,699
Series 12-A, 4.25%, 03/15/42		373		440,037
Series B, 3.10%, 07/30/51 (Call 01/30/51)		516		522,000
Monongahela Power Co.
3.55%, 05/15/27 (Call 02/15/27)(a)(b)		600		645,074
4.10%, 04/15/24 (Call 01/15/24)(b)		267		282,519
5.40%, 12/15/43 (Call 06/15/43)(b)		310		403,687
Narragansett Electric Co. (The)
3.40%, 04/09/30 (Call 01/09/30)(b)		207		222,697
3.92%, 08/01/28 (Call 05/01/28)(b)		200		220,721
4.17%, 12/10/42(b)		310		347,627
5.64%, 03/15/40(b)		246		320,167
National Grid USA
5.80%, 04/01/35		285		354,143
8.00%, 11/15/30		50		67,756
National Rural Utilities Cooperative Finance Corp.
0.35%, 02/08/24		315		310,569
1.00%, 06/15/26 (Call 05/15/26)		740		722,895
1.35%, 03/15/31 (Call 12/15/30)		424		391,155
1.65%, 06/15/31 (Call 03/15/31)(a)		168		159,416
2.40%, 03/15/30 (Call 12/15/29)		385		389,226
2.85%, 01/27/25 (Call 10/27/24)		100		104,495
2.95%, 02/07/24 (Call 12/07/23)		461		478,152
3.05%, 04/25/27 (Call 01/25/27)		610		648,521
3.25%, 11/01/25 (Call 08/01/25)(a)		413		439,458
3.40%, 11/15/23 (Call 08/15/23)		612		639,194
3.40%, 02/07/28 (Call 11/07/27)		465		504,214
3.70%, 03/15/29 (Call 12/15/28)		442		489,826
3.90%, 11/01/28 (Call 08/01/28)		444		494,351
4.02%, 11/01/32 (Call 05/01/32)		201		230,109
4.30%, 03/15/49 (Call 09/15/48)		373		475,473
4.40%, 11/01/48 (Call 05/01/48)		375		474,716
4.75%, 04/30/43 (Call 04/30/23),
(3 mo. LIBOR US + 2.910%)(c)		286		290,181
5.25%, 04/20/46 (Call 04/20/26),
(3 mo. LIBOR US + 3.630%)(a)(c)		206		225,465
Series C, 8.00%, 03/01/32		550		805,082
Series D, 1.00%, 10/18/24		555		551,407
Nevada Power Co.
5.38%, 09/15/40 (Call 03/15/40)		252		327,813
5.45%, 05/15/41 (Call 11/15/40)		125		168,310
Series CC, 3.70%, 05/01/29 (Call 02/01/29)		819		904,345
Series DD, 2.40%, 05/01/30 (Call 02/01/30)		891		904,653

34

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Series EE, 3.13%, 08/01/50 (Call 02/01/50)(a)	$	355	$	370,813
Series R, 6.75%, 07/01/37		185		274,377
New England Power Co.
2.81%, 10/06/50 (Call 04/06/50)(b)		355		341,922
3.80%, 12/05/47 (Call 06/05/47)(b)		419		472,556
New York State Electric & Gas Corp.
2.15%, 10/01/31 (Call 07/01/31)(b)		715		704,237
3.25%, 12/01/26 (Call 09/01/26)(a)(b)		47		50,138
3.30%, 09/15/49 (Call 03/15/49)(a)(b)		297		318,603
NextEra Energy Capital Holdings Inc.
1.90%, 06/15/28 (Call 04/15/28)		315		310,099
2.25%, 06/01/30 (Call 03/01/30)		1,187		1,180,039
2.75%, 05/01/25 (Call 12/22/21)		253		263,421
2.75%, 11/01/29 (Call 08/01/29)(a)		1,045		1,078,305
2.80%, 01/15/23 (Call 12/22/21)		251		256,169
3.15%, 04/01/24 (Call 12/22/21)		867		905,608
3.25%, 04/01/26 (Call 12/22/21)		317		335,996
3.50%, 04/01/29 (Call 01/01/29)		590		638,779
3.55%, 05/01/27 (Call 02/01/27)		80		86,351
3.63%, 06/15/23 (Call 12/22/21)		403		415,477
4.80%, 12/01/77 (Call 12/01/27),
(3 mo. LIBOR US + 2.409%)(a)(c)		41		44,684
5.65%, 05/01/79 (Call 05/01/29),
(3 mo. LIBOR US + 3.156%)(c)		307		352,042
Niagara Mohawk Power Corp.
1.96%, 06/27/30 (Call 03/27/30)(b)		861		828,141
2.72%, 11/28/22(b)		152		154,488
3.03%, 06/27/50 (Call 12/27/49)(b)		330		323,771
3.51%, 10/01/24 (Call 07/01/24)(b)		445		467,527
4.12%, 11/28/42(b)		105		117,298
4.28%, 12/15/28 (Call 09/15/28)(b)		548		608,434
4.28%, 10/01/34 (Call 04/01/34)(b)		251		287,565
Northern States Power Co./MN
2.25%, 04/01/31 (Call 10/01/30)		165		167,230
2.60%, 05/15/23 (Call 11/15/22)		125		127,242
2.60%, 06/01/51 (Call 12/01/50)		365		355,125
2.90%, 03/01/50 (Call 09/01/49)		439		449,762
3.20%, 04/01/52 (Call 10/01/51)		327		358,556
3.40%, 08/15/42 (Call 02/15/42)		446		483,096
3.60%, 05/15/46 (Call 11/15/45)		314		358,762
3.60%, 09/15/47 (Call 03/15/47)		426		484,931
4.00%, 08/15/45 (Call 02/15/45)(a)		246		296,382
4.13%, 05/15/44 (Call 11/15/43)		387		464,881
4.85%, 08/15/40 (Call 02/15/40)(a)		331		416,957
5.25%, 07/15/35		60		77,792
5.35%, 11/01/39		148		203,590
6.20%, 07/01/37		429		625,847
6.25%, 06/01/36		525		758,320
NorthWestern Corp., 4.18%, 11/15/44 (Call 05/15/44)(a)		420		498,774
NRG Energy Inc.
2.00%, 12/02/25 (Call 11/02/25)(a)(b)		556		561,043
2.45%, 12/02/27 (Call 10/02/27)(a)(b)		688		682,518
3.75%, 06/15/24 (Call 05/15/24)(b)		483		504,459
4.45%, 06/15/29 (Call 03/15/29)(a)(b)		647		705,626
NSTAR Electric Co.
1.95%, 08/15/31 (Call 05/15/31)		205		200,075
3.10%, 06/01/51 (Call 12/01/50)		110		118,963
3.20%, 05/15/27 (Call 02/15/27)		501		537,584
3.25%, 11/15/25 (Call 08/15/25)(a)		327		345,714
3.25%, 05/15/29 (Call 02/15/29)		410		440,769

Security	Par (000)		Value
Electric (continued)
3.95%, 04/01/30 (Call 01/01/30)	$	310	$	350,371
5.50%, 03/15/40		300		413,510
Oglethorpe Power Corp.
3.75%, 08/01/50 (Call 02/01/50)		55		61,398
4.20%, 12/01/42(a)		515		561,694
4.25%, 04/01/46 (Call 10/01/45)(a)		185		201,624
4.55%, 06/01/44(a)		275		316,910
5.05%, 10/01/48 (Call 04/01/48)		654		824,693
5.25%, 09/01/50		265		348,181
5.38%, 11/01/40(a)		100		125,575
5.95%, 11/01/39		264		354,698
Ohio Edison Co.
6.88%, 07/15/36		275		396,144
8.25%, 10/15/38(a)		95		155,162
Ohio Power Co.
4.00%, 06/01/49 (Call 12/01/48)		395		467,925
4.15%, 04/01/48 (Call 10/01/47)		370		447,158
Series D, 6.60%, 03/01/33		145		195,506
Series F, 5.85%, 10/01/35		250		332,529
Series G, 6.60%, 02/15/33		390		526,561
Series P, 2.60%, 04/01/30 (Call 01/01/30)(a)		250		257,142
Series Q, 1.63%, 01/15/31 (Call 10/15/30)		297		282,401
Series R, 2.90%, 10/01/51 (Call 04/01/51)(a)		230		227,086
Oklahoma Gas & Electric Co.
3.25%, 04/01/30 (Call 10/01/29)		430		460,692
3.30%, 03/15/30 (Call 09/15/29)		225		241,096
3.80%, 08/15/28 (Call 02/15/28)		805		883,232
3.85%, 08/15/47 (Call 02/15/47)		245		287,014
4.00%, 12/15/44 (Call 06/15/44)		225		254,722
4.15%, 04/01/47 (Call 10/01/46)(a)		555		672,493
4.55%, 03/15/44 (Call 09/15/43)		25		30,488
5.85%, 06/01/40(a)		270		371,627
Oklahoma Gas and Electric Co.
3.90%, 05/01/43 (Call 11/01/42)		35		39,069
5.25%, 05/15/41 (Call 11/15/40)		60		77,844
Oncor Electric Delivery Co. LLC
0.55%, 10/01/25 (Call 09/01/25)		45		43,425
2.70%, 11/15/51 (Call 05/15/51)(b)		390		385,812
2.75%, 06/01/24 (Call 05/01/24)		898		935,236
2.75%, 05/15/30 (Call 02/15/30)(a)		380		397,291
2.75%, 05/15/30 (Call 02/15/30)(b)		750		784,127
2.95%, 04/01/25 (Call 01/01/25)		493		516,140
3.10%, 09/15/49 (Call 03/15/49)		543		582,929
3.70%, 11/15/28 (Call 08/15/28)		90		100,257
3.70%, 05/15/50 (Call 11/15/49)		320		376,224
3.75%, 04/01/45 (Call 10/01/44)		468		548,292
3.80%, 09/30/47 (Call 03/30/47)		300		357,655
3.80%, 06/01/49 (Call 12/01/48)		495		592,481
4.10%, 11/15/48 (Call 05/15/48)		423		525,523
4.55%, 12/01/41 (Call 06/01/41)(a)		415		516,955
5.25%, 09/30/40		170		230,542
5.30%, 06/01/42 (Call 12/01/41)		310		426,473
7.00%, 05/01/32		115		160,652
7.25%, 01/15/33		85		122,927
7.50%, 09/01/38		230		368,824
Series WI, 5.35%, 10/01/52 (Call 04/01/52)(a)		190		288,634
Pacific Gas and Electric Co.
2.10%, 08/01/27 (Call 06/01/27)		650		625,796
2.50%, 02/01/31 (Call 11/01/30)		992		947,940
2.95%, 03/01/26 (Call 12/01/25)		700		710,635

 35

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
3.00%, 06/15/28 (Call 04/15/28)(a)	$	230	$	231,766
3.15%, 01/01/26(a)		605		619,966
3.25%, 06/15/23 (Call 03/15/23)		596		607,347
3.25%, 06/01/31 (Call 03/01/31)		1,905		1,916,470
3.30%, 03/15/27 (Call 12/15/26)(a)		485		492,754
3.30%, 12/01/27 (Call 09/01/27)		1,220		1,242,255
3.30%, 08/01/40 (Call 02/01/40)		559		531,237
3.40%, 08/15/24 (Call 05/15/24)		160		165,699
3.45%, 07/01/25(a)		934		968,559
3.50%, 06/15/25 (Call 03/15/25)		954		988,508
3.50%, 08/01/50 (Call 02/01/50)		1,797		1,710,376
3.75%, 02/15/24 (Call 11/15/23)		335		346,801
3.75%, 07/01/28(a)		699		728,602
3.75%, 08/15/42 (Call 02/15/42)(a)		374		353,471
3.85%, 11/15/23 (Call 08/15/23)		465		480,546
3.95%, 12/01/47 (Call 06/01/47)		939		928,771
4.00%, 12/01/46 (Call 06/01/46)		726		718,428
4.20%, 06/01/41 (Call 12/01/40)		680		692,728
4.25%, 08/01/23 (Call 07/01/23)		615		636,750
4.25%, 03/15/46 (Call 09/15/45)		425		435,627
4.30%, 03/15/45 (Call 09/15/44)		720		739,467
4.45%, 04/15/42 (Call 10/15/41)		261		265,978
4.50%, 07/01/40 (Call 01/01/40)		1,620		1,695,730
4.55%, 07/01/30 (Call 01/01/30)		1,882		2,053,947
4.60%, 06/15/43 (Call 12/15/42)(a)		265		273,702
4.65%, 08/01/28 (Call 05/01/28)(a)		690		754,622
4.75%, 02/15/44 (Call 08/15/43)		335		348,824
4.95%, 07/01/50 (Call 01/01/50)		1,131		1,269,539
PacifiCorp, 3.35%, 07/01/25 (Call 04/01/25)(a)		120		127,461
PacifiCorp.
2.70%, 09/15/30 (Call 06/15/30)(a)		312		323,469
2.90%, 06/15/52 (Call 12/15/51)		725		721,450
2.95%, 06/01/23 (Call 03/01/23)(a)		315		323,656
3.30%, 03/15/51 (Call 09/15/50)		522		556,116
3.50%, 06/15/29 (Call 03/15/29)		705		767,050
3.60%, 04/01/24 (Call 01/01/24)(a)		392		412,848
4.10%, 02/01/42 (Call 08/01/41)		510		589,730
4.13%, 01/15/49 (Call 07/15/48)		687		816,402
4.15%, 02/15/50 (Call 08/15/49)		2		2,397
5.25%, 06/15/35		75		95,142
5.75%, 04/01/37		302		404,044
6.00%, 01/15/39		596		829,300
6.10%, 08/01/36		519		710,649
6.25%, 10/15/37		316		442,443
6.35%, 07/15/38		244		346,458
7.70%, 11/15/31		25		36,005
PECO Energy Co.
2.80%, 06/15/50 (Call 12/15/49)		358		357,481
2.85%, 09/15/51 (Call 03/15/51)		355		355,886
3.00%, 09/15/49 (Call 03/15/49)		270		278,821
3.05%, 03/15/51 (Call 09/15/50)		425		447,580
3.15%, 10/15/25 (Call 07/15/25)		290		307,353
3.70%, 09/15/47 (Call 03/15/47)		430		495,891
3.90%, 03/01/48 (Call 09/01/47)		540		646,541
4.15%, 10/01/44 (Call 04/01/44)		290		350,946
4.80%, 10/15/43 (Call 04/15/43)		200		254,821
5.95%, 10/01/36		170		239,358
Pennsylvania Electric Co.
3.25%, 03/15/28 (Call 12/15/27)(b)		195		202,060
3.60%, 06/01/29 (Call 03/01/29)(b)		375		395,953

Security	Par (000)		Value
Electric (continued)
6.15%, 10/01/38	$	125	$	171,709
Perusahaan Listrik Negara PT
3.88%, 07/17/29(a)(b)		100		105,500
4.00%, 06/30/50 (Call 12/30/49)(b)		945		913,106
4.13%, 05/15/27(a)(b)		1,185		1,264,987
5.45%, 05/21/28(a)(b)		1,110		1,269,174
Perusahaan Perseroan Persero PT Perusahaan
Listrik Negara
3.00%, 06/30/30 (Call 03/30/30)(b)		1,565		1,549,350
3.38%, 02/05/30(b)		200		204,260
4.38%, 02/05/50(b)		625		628,437
4.88%, 07/17/49(b)		661		699,834
5.25%, 10/24/42(a)(b)		850		942,437
6.15%, 05/21/48(b)		950		1,173,250
6.25%, 01/25/49(b)		349		434,941
Pinnacle West Capital Corp., 1.30%, 06/15/25
(Call 05/15/25)		700		691,426
Potomac Electric Power Co.
3.60%, 03/15/24 (Call 12/15/23)(a)		230		241,441
4.15%, 03/15/43 (Call 09/15/42)		428		508,477
6.50%, 11/15/37		403		594,810
7.90%, 12/15/38(a)		35		57,450
PPL Capital Funding Inc.
3.10%, 05/15/26 (Call 02/15/26)		653		687,191
4.13%, 04/15/30 (Call 01/15/30)		80		91,133
PPL Electric Utilities Corp.
3.00%, 10/01/49 (Call 04/01/49)(a)		419		439,265
3.95%, 06/01/47 (Call 12/01/46)		426		512,033
4.13%, 06/15/44 (Call 12/15/43)		310		369,515
4.15%, 10/01/45 (Call 04/01/45)		366		446,287
4.15%, 06/15/48 (Call 12/15/47)		429		532,288
4.75%, 07/15/43 (Call 01/15/43)		150		195,647
6.25%, 05/15/39		5		7,217
Progress Energy Inc.
6.00%, 12/01/39		249		344,300
7.00%, 10/30/31		470		639,307
7.75%, 03/01/31		549		769,580
Public Service Co. of Colorado
1.88%, 06/15/31 (Call 12/15/30)(a)		205		198,763
2.90%, 05/15/25 (Call 11/15/24)		343		357,850
3.55%, 06/15/46 (Call 12/15/45)		520		564,550
3.60%, 09/15/42 (Call 03/15/42)		118		131,579
3.70%, 06/15/28 (Call 12/15/27)		155		170,511
3.80%, 06/15/47 (Call 12/15/46)		378		440,749
3.95%, 03/15/43 (Call 09/15/42)		220		250,058
4.05%, 09/15/49 (Call 03/15/49)(a)		385		473,256
4.10%, 06/15/48 (Call 12/15/47)		500		617,005
4.30%, 03/15/44 (Call 09/15/43)		356		438,486
4.75%, 08/15/41 (Call 02/15/41)		130		162,300
6.50%, 08/01/38(a)		15		22,721
Series 17, 6.25%, 09/01/37(a)		89		130,796
Series 34, 3.20%, 03/01/50 (Call 09/01/49)		685		735,849
Series 35, 1.90%, 01/15/31 (Call 07/15/30)		782		762,230
Series 36, 2.70%, 01/15/51 (Call 07/15/50)(a)		480		473,915
Public Service Co. of New Hampshire
3.50%, 11/01/23 (Call 08/01/23)		510		533,439
3.60%, 07/01/49 (Call 01/01/49)		585		682,026
Series V, 2.20%, 06/15/31 (Call 03/15/31)(a)		125		125,740
Public Service Co. of New Mexico, 3.85%, 08/01/25
(Call 05/01/25)(a)		200		211,866

36

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Public Service Co. of Oklahoma
Series G, 6.63%, 11/15/37(a)	$	170	$	243,745
Series J, 2.20%, 08/15/31 (Call 05/15/31)(a)		100		97,427
Series K, 3.15%, 08/15/51 (Call 02/15/51)(a)		50		50,990
Public Service Electric & Gas Co.
1.90%, 08/15/31 (Call 05/15/31)		525		517,645
2.05%, 08/01/50 (Call 02/01/50)		406		364,209
2.25%, 09/15/26 (Call 06/15/26)		90		92,712
2.38%, 05/15/23 (Call 02/15/23)		165		168,161
2.45%, 01/15/30 (Call 10/15/29)		400		413,142
2.70%, 05/01/50 (Call 11/01/49)		410		417,669
3.00%, 05/15/25 (Call 02/15/25)		245		257,326
3.00%, 05/15/27 (Call 02/15/27)		325		345,069
3.05%, 11/15/24 (Call 08/15/24)		90		94,219
3.15%, 01/01/50 (Call 07/01/49)(a)		380		410,471
3.20%, 05/15/29 (Call 02/15/29)(a)		85		91,956
3.20%, 08/01/49 (Call 02/01/49)(a)		256		278,448
3.25%, 09/01/23 (Call 08/01/23)		90		93,525
3.60%, 12/01/47 (Call 06/01/47)		412		475,799
3.65%, 09/01/28 (Call 06/01/28)		722		799,716
3.65%, 09/01/42 (Call 03/01/42)(a)		180		201,402
3.70%, 05/01/28 (Call 02/01/28)		50		55,493
3.80%, 01/01/43 (Call 07/01/42)		175		199,745
3.80%, 03/01/46 (Call 09/01/45)		490		578,266
3.85%, 05/01/49 (Call 11/01/48)		254		310,188
3.95%, 05/01/42 (Call 11/01/41)(a)		385		447,931
4.05%, 05/01/48 (Call 11/01/47)		130		159,390
4.15%, 11/01/45 (Call 05/01/45)		300		356,646
5.38%, 11/01/39(a)		260		345,727
5.50%, 03/01/40		320		430,971
5.80%, 05/01/37		260		356,407
Series I, 4.00%, 06/01/44 (Call 12/01/43)		330		377,928
Series K, 4.05%, 05/01/45 (Call 11/01/44)		85		100,283
Public Service Electric and Gas Co.
0.95%, 03/15/26 (Call 02/15/26)		210		206,099
3.00%, 03/01/51 (Call 09/01/50)		349		373,873
Public Service Enterprise Group Inc.
0.80%, 08/15/25 (Call 07/15/25)(a)		898		872,040
0.84%, 11/08/23 (Call 05/08/22)		700		696,241
1.60%, 08/15/30 (Call 05/15/30)		1,002		935,475
2.88%, 06/15/24 (Call 05/15/24)		890		924,135
Puget Energy Inc.
2.38%, 06/15/28 (Call 04/15/28)		295		292,191
3.65%, 05/15/25 (Call 02/15/25)		557		589,846
4.10%, 06/15/30 (Call 03/15/30)		620		673,333
Puget Sound Energy Inc.
2.89%, 09/15/51 (Call 03/15/51)(a)		190		195,303
3.25%, 09/15/49 (Call 03/15/49)		300		315,783
4.22%, 06/15/48 (Call 12/15/47)		705		852,855
4.30%, 05/20/45 (Call 11/20/44)		307		376,758
4.43%, 11/15/41 (Call 05/15/41)(a)		354		423,102
5.48%, 06/01/35		25		31,909
5.64%, 04/15/41 (Call 10/15/40)		175		239,978
5.76%, 10/01/39		230		320,729
5.76%, 07/15/40		55		75,527
5.80%, 03/15/40		470		656,286
7.02%, 12/01/27		265		337,759
Rochester Gas and Electric Corp., 3.10%, 06/01/27
(Call 03/01/27)(b)		178		188,830

Security	Par (000)		Value
Electric (continued)
San Diego Gas & Electric Co.
2.50%, 05/15/26 (Call 02/15/26)	$	371	$	386,040
3.95%, 11/15/41		282		310,179
4.15%, 05/15/48 (Call 11/15/47)		299		361,877
4.30%, 04/01/42 (Call 10/01/41)		266		313,412
4.50%, 08/15/40		354		436,709
5.35%, 05/15/40(a)		170		227,623
6.00%, 06/01/39		220		309,964
Series NNN, 3.60%, 09/01/23 (Call 06/01/23)		615		641,440
Series RRR, 3.75%, 06/01/47 (Call 12/01/46)		312		356,529
Series TTT, 4.10%, 06/15/49 (Call 12/15/48)		310		374,968
Series UUU, 3.32%, 04/15/50 (Call 10/15/49)		517		556,154
Series VVV, 1.70%, 10/01/30 (Call 07/01/30)		713		682,093
Series WWW, 2.95%, 08/15/51 (Call 02/15/51)		530		540,958
Saudi Electricity Global Sukuk Co. 2, 5.06%, 04/08/43(a)(b)		100		121,388
Saudi Electricity Global Sukuk Co. 3
4.00%, 04/08/24(b)		1,242		1,315,661
5.50%, 04/08/44(a)(b)		1,080		1,386,921
Sempra Energy
2.90%, 02/01/23 (Call 01/01/23)(a)		164		167,636
3.25%, 06/15/27 (Call 03/15/27)(a)		752		796,684
3.40%, 02/01/28 (Call 11/01/27)		1,067		1,136,660
3.55%, 06/15/24 (Call 12/03/21)		888		941,334
3.75%, 11/15/25 (Call 12/03/21)(a)		897		967,487
3.80%, 02/01/38 (Call 08/01/37)		473		522,524
4.00%, 02/01/48 (Call 08/01/47)		170		195,168
4.05%, 12/01/23 (Call 12/03/21)		1,130		1,196,467
4.13%, 04/01/52 (Call 01/01/27)(c)		500		494,439
6.00%, 10/15/39		899		1,247,472
Sierra Pacific Power Co.
2.60%, 05/01/26 (Call 02/01/26)		317		330,743
Series P, 6.75%, 07/01/37		100		144,893
Series T, 3.38%, 08/15/23 (Call 05/15/23)		230		238,419
Southern California Edison Co.
1.10%, 04/01/24 (Call 04/01/23)		1,187		1,185,245
2.25%, 06/01/30 (Call 03/01/30)		503		497,920
2.85%, 08/01/29 (Call 05/01/29)		156		161,199
3.65%, 02/01/50 (Call 08/01/49)		1,007		1,080,659
3.90%, 12/01/41 (Call 06/01/41)		80		84,069
4.00%, 04/01/47 (Call 10/01/46)		1,138		1,267,520
4.05%, 03/15/42 (Call 09/15/41)		25		27,339
4.50%, 09/01/40 (Call 03/01/40)		360		411,708
4.65%, 10/01/43 (Call 04/01/43)		656		772,798
5.50%, 03/15/40		399		504,470
5.63%, 02/01/36		140		177,008
6.00%, 01/15/34(a)		542		705,464
6.05%, 03/15/39		450		597,740
6.65%, 04/01/29		445		554,814
Series 04-G, 5.75%, 04/01/35		185		237,039
Series 05-B, 5.55%, 01/15/36		176		216,974
Series 05-E, 5.35%, 07/15/35		382		472,342
Series 06-E, 5.55%, 01/15/37		495		615,930
Series 08-A, 5.95%, 02/01/38		750		983,216
Series 13-A, 3.90%, 03/15/43 (Call 09/15/42)		110		118,550
Series 2020-C, 1.20%, 02/01/26 (Call 01/01/26)		831		813,445
Series 20A, 2.95%, 02/01/51 (Call 08/01/50)		680		649,857
Series A, 4.20%, 03/01/29 (Call 12/01/28)		378		423,704
Series B, 3.65%, 03/01/28 (Call 12/01/27)		290		312,792
Series B, 4.88%, 03/01/49 (Call 09/01/48)		497		618,790
Series C, 3.50%, 10/01/23 (Call 07/01/23)		739		770,297

 37

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Series C, 3.60%, 02/01/45 (Call 08/01/44)	$	385	$	400,944
Series C, 4.13%, 03/01/48 (Call 09/01/47)		1,066		1,213,122
Series D, 3.40%, 06/01/23 (Call 05/01/23)		351		363,331
Series E, 3.70%, 08/01/25 (Call 06/01/25)		906		973,010
Series G, 2.50%, 06/01/31 (Call 03/01/31)(a)		240		242,396
Series H, 3.65%, 06/01/51 (Call 12/01/50)		255		276,997
Series K, 0.98%, 08/01/24(a)		20		19,887
Southern Co. (The)
2.95%, 07/01/23 (Call 05/01/23)		897		920,766
3.25%, 07/01/26 (Call 04/01/26)		1,301		1,377,860
4.25%, 07/01/36 (Call 01/01/36)(a)		529		606,985
4.40%, 07/01/46 (Call 01/01/46)		1,094		1,291,115
Series 21-A, 0.60%, 02/26/24 (Call 01/26/24)(a)		747		737,287
Series 21-A, 3.75%, 09/15/51 (Call 06/15/26)(c)		415		410,227
Series 21-B, 1.75%, 03/15/28 (Call 01/15/28)		467		454,338
Series A, 3.70%, 04/30/30 (Call 01/30/30)(a)		210		227,665
Series B, 4.00%, 01/15/51 (Call 10/15/25)(c)		940		955,275
Southern Power Co.
0.90%, 01/15/26 (Call 12/15/25)		547		529,455
4.15%, 12/01/25 (Call 09/01/25)		944		1,030,403
5.15%, 09/15/41		513		636,330
5.25%, 07/15/43		311		386,307
Series F, 4.95%, 12/15/46 (Call 06/15/46)(a)		386		475,587
Southwestern Electric Power Co.
3.25%, 11/01/51 (Call 05/01/51)		200		201,397
6.20%, 03/15/40		335		473,315
Series J, 3.90%, 04/01/45 (Call 10/01/44)		287		319,629
Series K, 2.75%, 10/01/26 (Call 07/01/26)		547		570,877
Series L, 3.85%, 02/01/48 (Call 08/01/47)(a)		474		525,488
Series M, 4.10%, 09/15/28 (Call 06/15/28)		658		730,615
Series N, 1.65%, 03/15/26 (Call 02/15/26)(a)		275		273,664
Southwestern Public Service Co.
3.30%, 06/15/24 (Call 12/15/23)(a)		25		26,111
3.70%, 08/15/47 (Call 02/15/47)		320		368,973
3.75%, 06/15/49 (Call 12/15/48)		555		652,807
6.00%, 10/01/36(a)		65		86,573
Series 6, 4.40%, 11/15/48 (Call 05/15/48)		378		477,335
Series 8, 3.15%, 05/01/50 (Call 11/01/49)		120		125,915
SP Group Treasury Pte Ltd., 3.38%, 02/27/29
(Call 11/27/28)(b)		611		672,959
SP PowerAssets Ltd.
3.00%, 09/26/27(b)		135		144,916
3.25%, 11/24/25(b)		496		531,454
Star Energy Geothermal Darajat II/Star Energy
Geothermal Salak, 4.85%, 10/14/38 (Call 10/14/29)(b)		625		685,156
State Grid Overseas Investment 2013 Ltd., 3.13%,
05/22/23(b)		100		103,180
State Grid Overseas Investment 2014 Ltd.
4.13%, 05/07/24(b)		1,630		1,745,111
4.85%, 05/07/44(b)		440		593,795
State Grid Overseas Investment 2016 Ltd.
3.50%, 05/04/27(a)(b)		1,975		2,144,001
3.75%, 05/02/23(a)(b)		585		607,482
4.00%, 05/04/47(a)(b)		502		619,890
4.25%, 05/02/28(b)		465		531,342
System Energy Resources Inc., 4.10%, 04/01/23
(Call 01/01/23)(a)		40		41,299
Tampa Electric Co.
2.40%, 03/15/31 (Call 12/15/30)		671		685,213
3.45%, 03/15/51 (Call 09/15/50)		149		164,167

Security	Par (000)		Value
Electric (continued)
3.63%, 06/15/50 (Call 12/15/49)(a)	$	335	$	381,084
4.10%, 06/15/42 (Call 12/15/41)		90		104,109
4.20%, 05/15/45 (Call 11/15/44)(a)		380		445,214
4.30%, 06/15/48 (Call 12/15/47)		392		485,710
4.35%, 05/15/44 (Call 11/15/43)		302		364,735
4.45%, 06/15/49 (Call 12/15/48)		263		335,802
6.55%, 05/15/36		25		35,635
Three Gorges Finance I Cayman Islands Ltd.
1.30%, 09/22/25 (Call 08/22/25)(b)		700		687,995
3.15%, 06/02/26(b)		600		633,096
Toledo Edison Co. (The), 6.15%, 05/15/37(a)		507		707,407
Trans-Allegheny Interstate Line Co., 3.85%, 06/01/25
(Call 03/01/25)(b)		154		163,546
Transelec SA
4.25%, 01/14/25 (Call 10/14/24)(b)		215		227,631
4.63%, 07/26/23(a)(b)		200		211,502
Tri-State Generation & Transmission Association Inc.
4.25%, 06/01/46 (Call 12/01/45)		344		396,581
4.70%, 11/01/44 (Call 05/01/44)		245		298,798
6.00%, 06/15/40(b)		90		123,546
Tucson Electric Power Co.
1.50%, 08/01/30 (Call 05/01/30)		490		460,438
3.05%, 03/15/25 (Call 12/15/24)		190		198,482
3.25%, 05/01/51 (Call 11/01/50)		356		376,363
4.00%, 06/15/50 (Call 12/15/49)		332		389,824
4.85%, 12/01/48 (Call 06/01/48)		326		426,878
Union Electric Co.
2.15%, 03/15/32 (Call 12/15/31)(a)		385		382,006
2.63%, 03/15/51 (Call 09/15/50)		375		367,509
2.95%, 06/15/27 (Call 03/15/27)		151		159,662
3.25%, 10/01/49 (Call 04/01/49)		300		329,137
3.50%, 04/15/24 (Call 01/15/24)		188		197,790
3.50%, 03/15/29 (Call 12/15/28)		361		393,381
3.65%, 04/15/45 (Call 10/15/44)(a)		502		576,115
3.90%, 09/15/42 (Call 03/15/42)(a)		345		397,169
4.00%, 04/01/48 (Call 10/01/47)		447		537,189
5.30%, 08/01/37		40		51,567
8.45%, 03/15/39		30		50,675
Virginia Electric & Power Co.
2.45%, 12/15/50 (Call 06/15/50)		697		655,110
3.30%, 12/01/49 (Call 06/01/49)		442		480,696
3.45%, 02/15/24 (Call 11/15/23)		134		139,692
4.00%, 01/15/43 (Call 07/15/42)		355		412,768
4.45%, 02/15/44 (Call 08/15/43)		600		747,231
4.60%, 12/01/48 (Call 06/01/48)		455		586,106
6.35%, 11/30/37		172		248,752
8.88%, 11/15/38		513		917,730
Series A, 2.88%, 07/15/29 (Call 04/15/29)		380		399,456
Series A, 3.10%, 05/15/25 (Call 02/15/25)		244		256,886
Series A, 3.15%, 01/15/26 (Call 10/15/25)		590		623,560
Series A, 3.50%, 03/15/27 (Call 12/15/26)		910		980,469
Series A, 3.80%, 04/01/28 (Call 01/01/28)		573		630,365
Series A, 6.00%, 05/15/37		490		681,879
Series B, 2.95%, 11/15/26 (Call 08/15/26)		420		443,613
Series B, 3.80%, 09/15/47 (Call 03/15/47)		387		443,623
Series B, 4.20%, 05/15/45 (Call 11/15/44)		185		223,210
Series B, 6.00%, 01/15/36		334		457,620
Series C, 2.75%, 03/15/23 (Call 12/15/22)		531		541,057
Series C, 4.00%, 11/15/46 (Call 05/15/46)		508		598,136
Series D, 4.65%, 08/15/43 (Call 02/15/43)		365		464,435

38

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electric (continued)
Virginia Electric and Power Co.
2.30%, 11/15/31 (Call 08/15/31)	$	435	$	439,128
2.95%, 11/15/51 (Call 05/15/51)		400		409,284
Vistra Operations Co. LLC
3.55%, 07/15/24 (Call 06/15/24)(b)		713		739,170
3.70%, 01/30/27 (Call 11/30/26)(b)		1,217		1,270,292
4.30%, 07/15/29 (Call 04/15/29)(a)(b)		548		586,915
WEC Energy Group Inc.
0.55%, 09/15/23		637		632,061
0.80%, 03/15/24 (Call 02/15/24)		145		143,834
1.38%, 10/15/27 (Call 08/15/27)		498		481,950
1.80%, 10/15/30 (Call 07/15/30)		565		537,194
3.55%, 06/15/25 (Call 03/15/25)		805		858,579
Wisconsin Electric Power Co.
1.70%, 06/15/28 (Call 04/15/28)		490		482,399
2.05%, 12/15/24 (Call 11/15/24)		420		430,388
4.25%, 06/01/44 (Call 12/01/43)		220		264,818
4.30%, 12/15/45 (Call 06/15/45)		50		60,863
4.30%, 10/15/48 (Call 04/15/48)		195		245,598
5.63%, 05/15/33		87		112,492
5.70%, 12/01/36		100		132,181
Wisconsin Power & Light Co., 4.10%, 10/15/44
(Call 04/15/44)		375		436,927
Wisconsin Power and Light Co.
1.95%, 09/16/31 (Call 06/16/31)		275		269,704
3.00%, 07/01/29 (Call 04/01/29)		597		633,155
3.05%, 10/15/27 (Call 07/15/27)		315		332,726
3.65%, 04/01/50 (Call 10/01/49)		270		309,711
6.38%, 08/15/37		440		625,827
Wisconsin Public Service Corp.
2.85%, 12/01/51 (Call 06/01/51)		260		265,015
3.30%, 09/01/49 (Call 03/01/49)		625		675,810
3.67%, 12/01/42		392		443,828
4.75%, 11/01/44 (Call 05/01/44)(a)		364		473,406
Xcel Energy Inc.
0.50%, 10/15/23 (Call 09/15/23)		710		704,230
1.75%, 03/15/27 (Call 02/15/27)		400		397,314
2.35%, 11/15/31 (Call 05/15/31)(a)		200		201,874
2.60%, 12/01/29 (Call 06/01/29)		280		285,805
3.30%, 06/01/25 (Call 12/01/24)		423		446,271
3.35%, 12/01/26 (Call 06/01/26)(a)		540		576,530
3.40%, 06/01/30 (Call 12/01/29)(a)		305		329,016
3.50%, 12/01/49 (Call 06/01/49)(a)		260		285,455
4.00%, 06/15/28 (Call 12/15/27)		334		372,010
4.80%, 09/15/41 (Call 03/15/41)		551		675,458
6.50%, 07/01/36		490		693,642
				540,057,560
Electrical Components & Equipment — 0.1%
Acuity Brands Lighting Inc., 2.15%, 12/15/30
(Call 09/15/30)		140		137,168
Emerson Electric Co.
0.88%, 10/15/26 (Call 09/15/26)		1,000		963,659
1.80%, 10/15/27 (Call 08/15/27)		675		674,520
1.95%, 10/15/30 (Call 07/15/30)		370		364,384
2.75%, 10/15/50 (Call 04/15/50)		551		553,431
3.15%, 06/01/25 (Call 03/01/25)		165		175,169
6.00%, 08/15/32		785		1,059,055
6.13%, 04/15/39(a)		110		160,508
				4,087,894

Security	Par (000)		Value
Electronics — 0.6%
Agilent Technologies Inc.
2.10%, 06/04/30 (Call 03/04/30)	$	545	$	534,604
2.30%, 03/12/31 (Call 12/12/30)		812		804,225
2.75%, 09/15/29 (Call 06/15/29)		490		508,015
3.05%, 09/22/26 (Call 06/22/26)(a)		557		589,627
3.88%, 07/15/23 (Call 04/15/23)		432		450,448
Allegion PLC, 3.50%, 10/01/29 (Call 07/01/29)(a)		788		845,425
Allegion U.S. Holding Co. Inc.
3.20%, 10/01/24 (Call 08/01/24)		606		634,476
3.55%, 10/01/27 (Call 07/01/27)		100		106,786
Amphenol Corp.
2.05%, 03/01/25 (Call 02/01/25)		391		401,119
2.20%, 09/15/31 (Call 06/15/31)		325		319,361
2.80%, 02/15/30 (Call 11/15/29)		777		804,886
3.20%, 04/01/24 (Call 02/01/24)		554		578,025
4.35%, 06/01/29 (Call 03/01/29)		415		474,470
Arrow Electronics Inc.
2.95%, 02/15/32 (Call 11/15/31)		400		404,473
3.25%, 09/08/24 (Call 07/08/24)		566		591,601
3.88%, 01/12/28 (Call 10/12/27)(a)		600		649,835
4.00%, 04/01/25 (Call 01/01/25)		290		309,956
4.50%, 03/01/23 (Call 12/01/22)		85		87,881
Avnet Inc.
3.00%, 05/15/31 (Call 02/15/31)		525		520,947
4.63%, 04/15/26 (Call 01/15/26)(a)		593		654,065
4.88%, 12/01/22		237		246,302
Flex Ltd.
3.75%, 02/01/26 (Call 01/01/26)		544		581,093
4.75%, 06/15/25 (Call 03/15/25)		518		566,217
4.88%, 06/15/29 (Call 03/15/29)		872		991,225
4.88%, 05/12/30 (Call 02/12/30)		504		576,697
5.00%, 02/15/23		369		386,532
Fortive Corp.
3.15%, 06/15/26 (Call 03/15/26)		1,137		1,212,266
4.30%, 06/15/46 (Call 12/15/45)		76		91,932
Honeywell International Inc.
1.10%, 03/01/27 (Call 02/01/27)		995		968,628
1.35%, 06/01/25 (Call 05/01/25)		1,403		1,408,498
1.75%, 09/01/31 (Call 06/01/31)		1,225		1,188,396
1.95%, 06/01/30 (Call 03/01/30)(a)		695		694,108
2.30%, 08/15/24 (Call 07/15/24)		1,068		1,104,981
2.50%, 11/01/26 (Call 08/01/26)(a)		1,146		1,198,559
2.70%, 08/15/29 (Call 05/15/29)		988		1,040,535
2.80%, 06/01/50 (Call 12/01/49)(a)		519		542,436
3.35%, 12/01/23(a)		25		26,273
3.81%, 11/21/47 (Call 05/21/47)		1,090		1,323,639
5.38%, 03/01/41(a)		217		304,097
5.70%, 03/15/36		70		96,087
5.70%, 03/15/37		30		41,463
Hubbell Inc.
2.30%, 03/15/31 (Call 12/15/30)		150		150,083
3.15%, 08/15/27 (Call 05/15/27)		25		26,587
3.35%, 03/01/26 (Call 12/01/25)		90		94,938
3.50%, 02/15/28 (Call 11/15/27)(a)		475		511,432
Jabil Inc.
1.70%, 04/15/26 (Call 03/15/26)		720		715,066
3.00%, 01/15/31 (Call 10/15/30)		195		201,078
3.60%, 01/15/30 (Call 10/15/29)		793		861,834
3.95%, 01/12/28 (Call 10/12/27)		555		608,591

 39

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Electronics (continued)
Keysight Technologies Inc.
3.00%, 10/30/29 (Call 07/30/29)	$	200	$	211,294
4.55%, 10/30/24 (Call 07/30/24)		832		905,408
4.60%, 04/06/27 (Call 01/06/27)		922		1,039,405
Legrand France SA, 8.50%, 02/15/25(a)		811		985,787
TD SYNNEX Corp.
1.25%, 08/09/24 (Call 08/09/22)(b)		300		297,639
1.75%, 08/09/26 (Call 07/09/26)(b)		615		600,824
2.38%, 08/09/28 (Call 06/09/28)(b)		510		498,684
2.65%, 08/09/31 (Call 05/09/31)(b)		350		338,840
Trimble Inc.
4.15%, 06/15/23 (Call 05/15/23)		265		276,785
4.75%, 12/01/24 (Call 09/01/24)		790		861,604
4.90%, 06/15/28 (Call 03/15/28)		726		832,344
Tyco Electronics Group SA
3.13%, 08/15/27 (Call 05/15/27)		708		762,813
3.45%, 08/01/24 (Call 05/01/24)(a)		150		157,967
3.70%, 02/15/26 (Call 11/15/25)		25		27,152
7.13%, 10/01/37		230		349,955
Vontier Corp.
1.80%, 04/01/26 (Call 03/01/26)(b)		485		475,673
2.40%, 04/01/28 (Call 02/01/28)(a)(b)		319		311,440
2.95%, 04/01/31 (Call 01/01/31)(b)		430		424,324
				37,387,736
Engineering & Construction — 0.1%
Aeropuerto Internacional de Tocumen SA
4.00%, 08/11/41 (Call 08/11/40)(a)(b)		280		281,487
5.13%, 08/11/61 (Call 08/11/60)(b)		1,155		1,204,099
Mexico City Airport Trust
3.88%, 04/30/28 (Call 01/30/28)(a)(b)		444		456,765
4.25%, 10/31/26 (Call 07/31/26)(b)		320		336,003
5.50%, 10/31/46 (Call 04/30/46)(b)		655		630,569
5.50%, 07/31/47 (Call 01/31/47)(a)(b)		1,676		1,608,960
Sydney Airport Finance Co. Pty Ltd.
3.38%, 04/30/25 (Call 01/30/25)(a)(b)		66		69,470
3.63%, 04/28/26 (Call 01/28/26)(b)		130		138,162
3.90%, 03/22/23(b)		545		565,170
Vinci SA, 3.75%, 04/10/29 (Call 01/10/29)(a)(b)		1,060		1,173,174
				6,463,859
Environmental Control — 0.3%
Republic Services Inc.
0.88%, 11/15/25 (Call 10/15/25)		631		613,365
1.45%, 02/15/31 (Call 11/15/30)		580		540,540
1.75%, 02/15/32 (Call 11/15/31)		324		306,785
2.30%, 03/01/30 (Call 12/01/29)		1,076		1,082,474
2.38%, 03/15/33 (Call 12/15/32)		700		696,546
2.50%, 08/15/24 (Call 07/15/24)		390		402,586
2.90%, 07/01/26 (Call 04/01/26)		424		443,881
3.05%, 03/01/50 (Call 09/01/49)		543		565,907
3.20%, 03/15/25 (Call 12/15/24)		575		605,752
3.38%, 11/15/27 (Call 08/15/27)		678		726,518
3.95%, 05/15/28 (Call 02/15/28)		728		808,014
4.75%, 05/15/23 (Call 02/15/23)		392		410,582
6.20%, 03/01/40		142		207,334
Waste Connections Inc.
2.20%, 01/15/32 (Call 10/15/31)		685		670,312
2.60%, 02/01/30 (Call 11/01/29)		777		796,834
2.95%, 01/15/52 (Call 07/15/51)		495		496,428
3.05%, 04/01/50 (Call 10/01/49)		590		604,861

Security	Par (000)		Value
Environmental Control (continued)
3.50%, 05/01/29 (Call 02/01/29)	$	638	$	695,583
4.25%, 12/01/28 (Call 09/01/28)(a)		641		725,276
Waste Management Inc.
0.75%, 11/15/25 (Call 10/15/25)(a)		875		851,329
1.15%, 03/15/28 (Call 01/15/28)(a)		500		475,741
1.50%, 03/15/31 (Call 12/15/30)		487		456,438
2.00%, 06/01/29 (Call 04/01/29)(a)		600		595,450
2.40%, 05/15/23 (Call 03/15/23)		556		567,279
2.50%, 11/15/50 (Call 05/15/50)		55		52,735
2.95%, 06/01/41 (Call 12/01/40)		470		492,514
3.13%, 03/01/25 (Call 12/01/24)		200		210,746
3.15%, 11/15/27 (Call 08/15/27)		768		816,901
3.90%, 03/01/35 (Call 09/01/34)		483		543,372
4.10%, 03/01/45 (Call 09/01/44)		175		215,161
4.15%, 07/15/49 (Call 01/15/49)		721		913,878
				17,591,122
Food — 1.7%
Ahold Finance USA LLC, 6.88%, 05/01/29		800		1,049,478
Bimbo Bakeries USA Inc., 4.00%, 05/17/51 (Call 11/17/50)(a)(b)		260		289,178
Campbell Soup Co.
2.38%, 04/24/30 (Call 01/24/30)(a)		690		687,304
3.13%, 04/24/50 (Call 10/24/49)		464		465,289
3.30%, 03/19/25 (Call 12/19/24)		125		132,827
3.65%, 03/15/23 (Call 02/15/23)		330		341,165
3.95%, 03/15/25 (Call 01/15/25)		1,163		1,249,680
4.15%, 03/15/28 (Call 12/15/27)		835		929,224
4.80%, 03/15/48 (Call 09/15/47)(a)		725		919,076
Cencosud SA
4.38%, 07/17/27 (Call 04/17/27)(b)		70		74,102
5.15%, 02/12/25 (Call 11/12/24)(b)		200		216,752
6.63%, 02/12/45 (Call 08/12/44)(a)(b)		255		327,041
CK Hutchison International 20 Ltd., 2.50%, 05/08/30 (Call 02/08/30)(b)		125		127,333
CK Hutchison International 21 Ltd., 2.50%, 04/15/31 (Call 01/15/31)(a)(b)		850		863,855
Conagra Brands Inc.
1.38%, 11/01/27 (Call 09/01/27)		620		593,925
3.20%, 01/25/23 (Call 10/25/22)		88		89,917
4.30%, 05/01/24 (Call 04/01/24)		1,226		1,311,417
4.60%, 11/01/25 (Call 09/01/25)		1,257		1,393,153
4.85%, 11/01/28 (Call 08/01/28)(a)		898		1,043,254
5.30%, 11/01/38 (Call 05/01/38)		668		848,069
5.40%, 11/01/48 (Call 05/01/48)(a)		1,060		1,453,934
7.00%, 10/01/28		600		783,881
8.25%, 09/15/30		420		602,194
Danone SA
2.59%, 11/02/23 (Call 09/02/23)(b)		1,212		1,246,638
2.95%, 11/02/26 (Call 08/02/26)(b)		1,565		1,642,841
Flowers Foods Inc.
2.40%, 03/15/31 (Call 12/15/30)(a)		763		755,800
3.50%, 10/01/26 (Call 07/01/26)		61		65,805
General Mills Inc.
2.25%, 10/14/31 (Call 07/14/31)		300		296,198
2.88%, 04/15/30 (Call 01/15/30)(a)		848		890,135
3.00%, 02/01/51 (Call 08/01/50)(b)		1,228		1,258,675
3.20%, 02/10/27 (Call 11/10/26)		830		887,131
3.65%, 02/15/24 (Call 11/15/23)		492		516,461
3.70%, 10/17/23 (Call 09/17/23)(a)		557		584,136
4.00%, 04/17/25 (Call 02/17/25)		444		479,538

40

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Food (continued)
4.20%, 04/17/28 (Call 01/17/28)	$	1,157	$	1,302,950
4.55%, 04/17/38 (Call 10/17/37)		250		300,460
4.70%, 04/17/48 (Call 10/17/47)		125		165,086
5.40%, 06/15/40(a)		305		409,942
Grupo Bimbo SAB de CV
3.88%, 06/27/24(b)		200		211,096
4.00%, 09/06/49(a)(b)		955		1,047,564
4.70%, 11/10/47 (Call 05/10/47)(b)		375		455,813
Hershey Co. (The)
0.90%, 06/01/25 (Call 05/01/25)(a)		214		211,565
1.70%, 06/01/30 (Call 03/01/30)		435		429,698
2.05%, 11/15/24 (Call 10/15/24)		130		133,608
2.30%, 08/15/26 (Call 05/15/26)		506		526,498
2.45%, 11/15/29 (Call 08/15/29)		415		438,922
2.63%, 05/01/23 (Call 02/01/23)		40		40,918
2.65%, 06/01/50 (Call 12/01/49)(a)		362		372,015
3.13%, 11/15/49 (Call 05/15/49)		510		553,453
3.38%, 05/15/23 (Call 04/15/23)		394		409,028
3.38%, 08/15/46 (Call 02/15/46)		265		301,584
Hormel Foods Corp.
0.65%, 06/03/24 (Call 06/03/22)(a)		370		366,973
1.70%, 06/03/28 (Call 04/03/28)		815		809,047
1.80%, 06/11/30 (Call 03/11/30)		191		187,290
3.05%, 06/03/51 (Call 12/03/50)(a)		790		847,423
Ingredion Inc.
2.90%, 06/01/30 (Call 03/01/30)(a)		275		287,527
3.20%, 10/01/26 (Call 07/01/26)(a)		613		653,800
3.90%, 06/01/50 (Call 12/01/49)(a)		414		484,732
6.63%, 04/15/37(a)		359		509,493
J M Smucker Co. (The), 2.75%, 09/15/41 (Call 03/15/41)		395		386,159
JBS Finance Luxembourg Sarl, 2.50%, 01/15/27 (Call 12/15/26)(b)		170		168,572
JBS USA Food Co., 5.75%, 01/15/28 (Call 07/15/22)(b)		800		839,040
JBS USA LUX SA/JBS USA Finance Inc., 6.75%, 02/15/28 (Call 02/15/23)(b)		800		862,800
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance Inc.
3.75%, 12/01/31 (Call 12/01/26)(b)		610		616,222
5.50%, 01/15/30 (Call 01/15/25)(b)		1,000		1,072,690
6.50%, 04/15/29 (Call 04/15/24)(b)		1,000		1,095,890
JM Smucker Co. (The)
2.13%, 03/15/32 (Call 12/15/31)(a)		1,045		1,010,176
2.38%, 03/15/30 (Call 12/15/29)		434		438,157
3.38%, 12/15/27 (Call 09/15/27)(a)		464		498,539
3.50%, 03/15/25		1,110		1,182,445
3.55%, 03/15/50 (Call 09/15/49)(a)		620		681,853
4.25%, 03/15/35		302		355,679
4.38%, 03/15/45		213		263,296
Kellogg Co.
2.10%, 06/01/30 (Call 03/01/30)(a)		652		645,168
2.65%, 12/01/23		1,007		1,041,191
3.25%, 04/01/26		236		251,339
3.40%, 11/15/27 (Call 08/15/27)(a)		1,050		1,129,336
4.30%, 05/15/28 (Call 02/15/28)		100		114,217
4.50%, 04/01/46		503		640,698
Series B, 7.45%, 04/01/31		545		773,177
Koninklijke Ahold Delhaize NV, 5.70%, 10/01/40(a)		300		415,409
Kroger Co. (The)
1.70%, 01/15/31 (Call 10/15/30)(a)		315		298,547
2.20%, 05/01/30 (Call 02/01/30)		745		743,725

Security	Par (000)		Value
Food (continued)
2.65%, 10/15/26 (Call 07/15/26)	$	567	$	588,099
3.50%, 02/01/26 (Call 11/01/25)(a)		706		758,958
3.70%, 08/01/27 (Call 05/01/27)		472		516,869
3.85%, 08/01/23 (Call 05/01/23)		455		474,953
3.88%, 10/15/46 (Call 04/15/46)		570		638,434
3.95%, 01/15/50 (Call 07/15/49)(a)		662		765,520
4.00%, 02/01/24 (Call 11/01/23)		446		471,307
4.45%, 02/01/47 (Call 08/01/46)		535		652,236
4.50%, 01/15/29 (Call 10/15/28)(a)		439		506,676
4.65%, 01/15/48 (Call 07/15/47)(a)		158		198,616
5.00%, 04/15/42 (Call 10/15/41)		430		546,102
5.15%, 08/01/43 (Call 02/01/43)(a)		461		603,651
5.40%, 07/15/40 (Call 01/15/40)		253		331,761
5.40%, 01/15/49 (Call 07/15/48)(a)		536		750,851
6.90%, 04/15/38		470		693,795
7.50%, 04/01/31		50		70,465
8.00%, 09/15/29		125		173,154
Mars Inc.
0.88%, 07/16/26 (Call 06/16/26)(a)(b)		590		572,093
1.63%, 07/16/32 (Call 04/16/32)(a)(b)		647		616,827
2.38%, 07/16/40 (Call 01/16/40)(b)		546		527,337
2.45%, 07/16/50 (Call 01/16/50)(b)		500		482,526
2.70%, 04/01/25 (Call 03/01/25)(b)		719		751,203
3.20%, 04/01/30 (Call 01/01/30)(b)		938		1,006,582
3.60%, 04/01/34 (Call 01/01/34)(b)		751		850,370
3.88%, 04/01/39 (Call 10/01/38)(b)		545		635,545
3.95%, 04/01/44 (Call 10/01/43)(b)		305		363,138
3.95%, 04/01/49 (Call 10/01/48)(b)		855		1,048,245
4.13%, 04/01/54 (Call 10/01/53)(a)(b)		428		549,010
4.20%, 04/01/59 (Call 10/01/58)(b)		492		640,920
McCormick & Co. Inc./MD
0.90%, 02/15/26 (Call 01/15/26)		602		582,991
1.85%, 02/15/31 (Call 11/15/30)		485		459,868
2.50%, 04/15/30 (Call 01/15/30)		671		681,321
3.15%, 08/15/24 (Call 06/15/24)		1,193		1,248,523
3.40%, 08/15/27 (Call 05/15/27)		667		715,716
3.50%, 09/01/23 (Call 06/01/23)		200		207,548
4.20%, 08/15/47 (Call 02/15/47)(a)		310		375,793
McCormick & Co. Inc/MD, 3.25%, 11/15/25 (Call 08/15/25)		337		356,574
Mondelez International Holdings Netherlands BV
0.75%, 09/24/24(a)(b)		1,255		1,239,388
1.25%, 09/24/26 (Call 08/24/26)(b)		695		680,051
2.25%, 09/19/24 (Call 08/19/24)(b)		369		378,390
Mondelez International Inc.
1.50%, 05/04/25 (Call 04/04/25)		933		934,581
1.50%, 02/04/31 (Call 11/04/30)		720		675,126
1.88%, 10/15/32 (Call 07/15/32)		692		662,215
2.63%, 09/04/50 (Call 03/04/50)		1,372		1,306,975
2.75%, 04/13/30 (Call 01/13/30)		1,053		1,091,652
3.63%, 02/13/26 (Call 12/13/25)(a)		22		23,874
4.13%, 05/07/28 (Call 02/07/28)		705		808,310
6.50%, 11/01/31		25		32,992
Nestle Holdings Inc.
0.38%, 01/15/24(b)		1,245		1,232,078
0.61%, 09/14/24 (Call 09/14/23)(b)		65		64,246
0.63%, 01/15/26 (Call 12/15/25)(b)		1,145		1,111,522
1.00%, 09/15/27 (Call 07/15/27)(a)(b)		1,000		962,108
1.15%, 01/14/27 (Call 12/14/26)(a)(b)		800		782,739
1.25%, 09/15/30 (Call 06/15/30)(b)		480		454,923

 41

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Food (continued)
1.50%, 09/14/28 (Call 07/14/28)(b)	$	240	$	235,127
1.88%, 09/14/31 (Call 06/14/31)(a)(b)		305		300,972
2.50%, 09/14/41 (Call 03/14/41)(b)		330		326,502
2.63%, 09/14/51 (Call 03/14/51)(b)		390		390,350
3.35%, 09/24/23 (Call 08/24/23)(a)(b)		980		1,024,825
3.50%, 09/24/25 (Call 07/24/25)(b)		560		603,706
3.63%, 09/24/28 (Call 06/24/28)(b)		1,234		1,380,014
3.90%, 09/24/38 (Call 03/24/38)(b)		1,049		1,244,542
4.00%, 09/24/48 (Call 03/24/48)(b)		1,441		1,813,716
Sigma Alimentos SA de CV, 4.13%, 05/02/26 (Call 02/02/26)(b)		970		1,025,775
Smithfield Foods Inc.
2.63%, 09/13/31 (Call 06/13/31)(a)(b)		260		254,834
3.00%, 10/15/30 (Call 07/15/30)(a)(b)		570		572,594
4.25%, 02/01/27 (Call 11/01/26)(b)		505		544,213
5.20%, 04/01/29 (Call 01/01/29)(b)		373		427,274
Sysco Corp.
2.40%, 02/15/30 (Call 11/15/29)(a)		990		1,000,349
3.25%, 07/15/27 (Call 04/15/27)		866		920,945
3.30%, 07/15/26 (Call 04/15/26)		853		905,206
3.30%, 02/15/50 (Call 08/15/49)		635		661,525
3.55%, 03/15/25 (Call 01/15/25)(a)		594		631,635
3.75%, 10/01/25 (Call 07/01/25)		509		547,293
4.45%, 03/15/48 (Call 09/15/47)		190		226,281
4.50%, 04/01/46 (Call 10/01/45)		132		157,157
4.85%, 10/01/45 (Call 04/01/45)		550		686,757
5.38%, 09/21/35(a)		270		343,934
5.65%, 04/01/25 (Call 03/01/25)		841		947,636
5.95%, 04/01/30 (Call 01/01/30)		507		635,721
6.60%, 04/01/40 (Call 10/01/39)(a)		155		228,842
6.60%, 04/01/50 (Call 10/01/49)		1,079		1,694,950
Tesco PLC, 6.15%, 11/15/37(b)		180		234,854
Tyson Foods Inc.
3.55%, 06/02/27 (Call 03/02/27)		612		658,677
3.90%, 09/28/23 (Call 08/28/23)		382		401,703
3.95%, 08/15/24 (Call 05/15/24)(a)		973		1,035,285
4.00%, 03/01/26 (Call 01/01/26)		747		811,046
4.35%, 03/01/29 (Call 12/01/28)(a)		979		1,113,969
4.55%, 06/02/47 (Call 12/02/46)		731		908,052
4.88%, 08/15/34 (Call 02/15/34)		691		845,524
5.10%, 09/28/48 (Call 03/28/48)		1,205		1,623,991
5.15%, 08/15/44 (Call 02/15/44)		509		667,834
				113,284,573
Forest Products & Paper — 0.3%
Celulosa Arauco y Constitucion SA
3.88%, 11/02/27 (Call 08/02/27)		400		422,040
4.20%, 01/29/30 (Call 10/29/29)(a)(b)		335		352,852
4.25%, 04/30/29 (Call 01/30/29)(b)		300		316,128
4.50%, 08/01/24 (Call 05/01/24)(a)		200		212,764
5.15%, 01/29/50 (Call 07/29/49)(a)(b)		480		538,205
5.50%, 11/02/47 (Call 05/02/47)(a)		426		490,437
5.50%, 04/30/49 (Call 10/30/48)(a)(b)		375		432,191
Fibria Overseas Finance Ltd.
4.00%, 01/14/25 (Call 11/14/24)		175		182,439
5.50%, 01/17/27		650		714,447
Georgia-Pacific LLC
0.63%, 05/15/24(b)		873		863,967
0.95%, 05/15/26 (Call 04/15/26)(b)		1,071		1,036,297
1.75%, 09/30/25 (Call 08/30/25)(b)		335		337,260
2.10%, 04/30/27 (Call 02/28/27)(b)		717		729,012

Security	Par (000)		Value
Forest Products & Paper (continued)
2.30%, 04/30/30 (Call 01/30/30)(b)	$	464	$	470,174
3.60%, 03/01/25 (Call 12/01/24)(b)		260		276,790
3.73%, 07/15/23 (Call 04/15/23)(b)		607		630,999
7.25%, 06/01/28(a)		268		349,822
7.75%, 11/15/29(a)		460		647,198
8.00%, 01/15/24		771		880,687
8.88%, 05/15/31		187		291,378
International Paper Co.
4.35%, 08/15/48 (Call 02/15/48)		235		295,713
4.40%, 08/15/47 (Call 02/15/47)		656		828,906
4.80%, 06/15/44 (Call 12/15/43)		723		929,695
6.00%, 11/15/41 (Call 05/15/41)		612		850,171
7.30%, 11/15/39		970		1,487,054
8.70%, 06/15/38		335		550,193
Inversiones CMPC SA
3.00%, 04/06/31 (Call 01/06/31)(b)		350		338,187
3.85%, 01/13/30 (Call 10/13/29)(b)		475		485,925
4.38%, 04/04/27(a)(b)		120		129,901
4.75%, 09/15/24 (Call 06/15/24)(b)		15		16,013
Smurfit Kappa Treasury Funding DAC, 7.50%, 11/20/25		115		141,163
Suzano Austria GmbH
2.50%, 09/15/28 (Call 07/15/28)		215		200,543
3.13%, 01/15/32 (Call 10/15/31)		650		605,605
3.75%, 01/15/31 (Call 10/15/30)		600		585,606
5.00%, 01/15/30 (Call 10/15/29)		849		900,195
6.00%, 01/15/29 (Call 10/15/28)(a)		1,400		1,583,120
7.00%, 03/16/47 (Call 09/16/46)(a)(b)		750		919,125
West Fraser Timber Co. Ltd., 4.35%, 10/15/24 (Call 07/15/24)(b)		345		369,548
				21,391,750
Gas — 0.7%
APT Pipelines Ltd.
4.20%, 03/23/25 (Call 12/23/24)(a)(b)		326		350,790
4.25%, 07/15/27 (Call 04/15/27)(b)		635		703,942
5.00%, 03/23/35 (Call 12/23/34)(b)		240		292,874
Atmos Energy Corp.
1.50%, 01/15/31 (Call 10/15/30)		972		913,337
2.63%, 09/15/29 (Call 06/15/29)		425		440,031
2.85%, 02/15/52 (Call 08/15/51)		485		486,124
3.00%, 06/15/27 (Call 03/15/27)		650		690,025
3.38%, 09/15/49 (Call 03/15/49)		517		558,015
4.13%, 10/15/44 (Call 04/15/44)		529		623,054
4.13%, 03/15/49 (Call 09/15/48)		433		531,810
4.15%, 01/15/43 (Call 07/15/42)		367		426,217
4.30%, 10/01/48 (Call 04/01/48)		370		456,848
5.50%, 06/15/41 (Call 12/15/40)		269		362,140
Boston Gas Co.
3.00%, 08/01/29 (Call 05/01/29)(b)		552		569,967
3.15%, 08/01/27 (Call 05/01/27)(b)		1,517		1,586,549
4.49%, 02/15/42(b)		450		517,430
Brooklyn Union Gas Co. (The)
3.41%, 03/10/26 (Call 12/10/25)(b)		660		695,126
3.87%, 03/04/29 (Call 12/04/28)(a)(b)		1,010		1,099,203
4.27%, 03/15/48 (Call 09/15/47)(a)(b)		312		359,095
4.49%, 03/04/49 (Call 09/04/48)(a)(b)		402		483,704
4.50%, 03/10/46 (Call 09/10/45)(b)		410		484,006
CenterPoint Energy Resources Corp.
1.75%, 10/01/30 (Call 07/01/30)(a)		503		472,315
3.55%, 04/01/23 (Call 03/01/23)		185		191,153
4.00%, 04/01/28 (Call 01/01/28)		394		433,068

42

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Gas (continued)
4.10%, 09/01/47 (Call 03/01/47)	$	165	$	194,554
5.85%, 01/15/41 (Call 07/15/40)		87		119,792
6.63%, 11/01/37		121		166,347
Centrica PLC, 4.00%, 10/16/23 (Call 07/16/23)(b)		50		52,169
East Ohio Gas Co. (The)
1.30%, 06/15/25 (Call 05/15/25)(b)		463		458,504
2.00%, 06/15/30 (Call 03/15/30)(b)		632		616,070
3.00%, 06/15/50 (Call 12/15/49)(b)		402		401,802
Eastern Energy Gas Holdings LLC
3.55%, 11/01/23 (Call 08/01/23)		952		994,625
3.60%, 12/15/24 (Call 09/15/24)		622		664,516
Series A, 2.50%, 11/15/24 (Call 10/15/24)		836		865,761
ENN Energy Holdings Ltd., 2.63%, 09/17/30 (Call 06/17/30)(a)(b)		500		497,460
Grupo Energia Bogota SA ESP, 4.88%, 05/15/30 (Call 02/15/30)(b)		100		107,500
KeySpan Gas East Corp.
2.74%, 08/15/26 (Call 05/15/26)(b)		500		512,547
5.82%, 04/01/41(b)		530		709,506
Korea Gas Corp.
2.88%, 07/16/29(a)(b)		515		548,990
6.25%, 01/20/42(a)(b)		60		93,341
National Fuel Gas Co.
2.95%, 03/01/31 (Call 12/01/30)		100		101,188
3.75%, 03/01/23 (Call 12/01/22)		305		313,115
3.95%, 09/15/27 (Call 06/15/27)(a)		405		425,164
4.75%, 09/01/28 (Call 06/01/28)		390		432,499
5.20%, 07/15/25 (Call 04/15/25)		327		359,168
5.50%, 01/15/26 (Call 12/15/25)		617		699,006
NiSource Inc.
0.95%, 08/15/25 (Call 07/15/25)		746		727,603
1.70%, 02/15/31 (Call 11/15/30)(a)		767		720,404
2.95%, 09/01/29 (Call 06/01/29)		858		889,133
3.49%, 05/15/27 (Call 02/15/27)		405		434,394
3.60%, 05/01/30 (Call 02/01/30)		878		943,192
3.95%, 03/30/48 (Call 09/30/47)(a)		499		572,996
4.38%, 05/15/47 (Call 11/15/46)		835		1,005,458
4.80%, 02/15/44 (Call 08/15/43)		597		748,477
5.25%, 02/15/43 (Call 08/15/42)		296		388,467
5.65%, 02/01/45 (Call 08/01/44)		455		624,518
5.80%, 02/01/42 (Call 08/01/41)		275		369,951
5.95%, 06/15/41 (Call 12/15/40)		219		301,868
ONE Gas Inc.
1.10%, 03/11/24 (Call 12/16/21)		710		700,000
2.00%, 05/15/30 (Call 02/15/30)		250		245,384
3.61%, 02/01/24 (Call 11/01/23)		102		106,891
4.50%, 11/01/48 (Call 05/01/48)		261		329,344
4.66%, 02/01/44 (Call 08/01/43)(a)		562		701,015
Perusahaan Gas Negara Tbk PT, 5.13%, 05/16/24(b)		2,165		2,337,827
Piedmont Natural Gas Co. Inc.
2.50%, 03/15/31 (Call 12/15/30)		500		498,205
3.35%, 06/01/50 (Call 12/01/49)		327		341,183
3.50%, 06/01/29 (Call 03/01/29)		826		893,767
3.64%, 11/01/46 (Call 05/01/46)		185		201,092
4.10%, 09/18/34 (Call 03/18/34)		250		280,052
4.65%, 08/01/43 (Call 02/01/43)		255		311,514
Promigas SA ESP/Gases del Pacifico SAC, 3.75%, 10/16/29 (Call 07/16/29)(b)		275		266,439
Southern California Gas Co.
3.15%, 09/15/24 (Call 06/15/24)		35		36,733

Security	Par (000)		Value
Gas (continued)
3.20%, 06/15/25 (Call 03/15/25)	$	455	$	480,242
3.75%, 09/15/42 (Call 03/15/42)		474		536,546
4.45%, 03/15/44 (Call 09/15/43)		192		226,781
5.13%, 11/15/40		51		66,670
Series TT, 2.60%, 06/15/26 (Call 03/15/26)		637		664,586
Series UU, 4.13%, 06/01/48 (Call 12/01/47)		339		418,462
Series VV, 4.30%, 01/15/49 (Call 07/15/48)		355		450,073
Series WW, 3.95%, 02/15/50 (Call 08/15/49)(a)		355		427,842
Series XX, 2.55%, 02/01/30 (Call 11/01/29)		485		499,875
Southern Co. Gas Capital Corp.
2.45%, 10/01/23 (Call 08/01/23)		1,286		1,316,336
3.25%, 06/15/26 (Call 03/15/26)		317		335,184
3.88%, 11/15/25 (Call 08/15/25)(a)		600		642,707
3.95%, 10/01/46 (Call 04/01/46)(a)		110		124,251
4.40%, 06/01/43 (Call 12/01/42)		185		215,199
4.40%, 05/30/47 (Call 11/30/46)		660		785,144
5.88%, 03/15/41 (Call 09/15/40)		515		709,953
6.00%, 10/01/34		125		162,834
Series 2020-A, 1.75%, 01/15/31 (Call 10/15/30)		383		358,073
Series 21A, 3.15%, 09/30/51 (Call 03/30/51)		400		402,565
Southwest Gas Corp.
2.20%, 06/15/30 (Call 03/15/30)		699		684,504
3.18%, 08/15/51 (Call 02/15/51)		310		307,680
3.70%, 04/01/28 (Call 01/01/28)(a)		100		108,666
3.80%, 09/29/46 (Call 03/29/46)		70		76,625
4.15%, 06/01/49 (Call 12/01/48)		430		503,106
Spire Inc., 4.70%, 08/15/44 (Call 02/15/44)		140		161,556
Spire Missouri Inc., 3.30%, 06/01/51 (Call 12/01/50)		455		500,249
Washington Gas Light Co.
3.65%, 09/15/49 (Call 03/15/49)		380		434,536
Series K, 3.80%, 09/15/46 (Call 03/15/46)(a)		391		448,726
				50,085,325
Hand & Machine Tools — 0.1%
Kennametal Inc.
2.80%, 03/01/31 (Call 12/01/30)		704		711,921
4.63%, 06/15/28 (Call 03/15/28)		85		95,497
Snap-on Inc.
3.10%, 05/01/50 (Call 11/01/49)(a)		703		758,081
4.10%, 03/01/48 (Call 09/01/47)		223		283,128
Stanley Black & Decker Inc.
2.30%, 03/15/30 (Call 12/15/29)		928		947,814
2.75%, 11/15/50 (Call 05/15/50)		800		786,260
3.40%, 03/01/26 (Call 01/01/26)		1,126		1,207,348
4.00%, 03/15/60 (Call 03/15/25)(a)(c)		474		481,048
4.25%, 11/15/28 (Call 08/15/28)		489		565,707
4.85%, 11/15/48 (Call 05/15/48)(a)		505		682,117
5.20%, 09/01/40		237		314,916
				6,833,837
Health Care - Products — 1.1%
Abbott Laboratories
1.15%, 01/30/28 (Call 11/30/27)(a)		929		896,273
1.40%, 06/30/30 (Call 03/30/30)(a)		879		844,289
2.95%, 03/15/25 (Call 12/15/24)		932		983,636
3.40%, 11/30/23 (Call 09/30/23)(a)		645		678,375
3.75%, 11/30/26 (Call 08/30/26)		1,460		1,606,688
3.88%, 09/15/25 (Call 06/15/25)		515		562,679
4.75%, 11/30/36 (Call 05/30/36)		851		1,091,867
4.75%, 04/15/43 (Call 10/15/42)		428		562,507
4.90%, 11/30/46 (Call 05/30/46)		2,323		3,230,631

 43

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Health Care - Products (continued)
5.30%, 05/27/40(a)	$	1,076	$	1,484,932
6.00%, 04/01/39		406		600,153
6.15%, 11/30/37(a)		375		553,257
Alcon Finance Corp.
2.60%, 05/27/30 (Call 02/27/30)(a)(b)		555		561,963
2.75%, 09/23/26 (Call 07/23/26)(b)		715		739,322
3.00%, 09/23/29 (Call 06/23/29)(a)(b)		643		674,772
3.80%, 09/23/49 (Call 03/23/49)(a)(b)		460		513,183
Baxter International Inc.
1.73%, 04/01/31 (Call 01/01/31)(a)		761		726,959
1.92%, 02/01/27 (Call 01/01/27)(b)		3,130		3,128,681
2.27%, 12/01/28 (Call 10/01/28)(b)		2,085		2,096,421
2.60%, 08/15/26 (Call 05/15/26)(a)		769		797,440
3.13%, 12/01/51 (Call 06/01/51)(b)		600		616,772
3.50%, 08/15/46 (Call 02/15/46)		1,027		1,123,378
3.95%, 04/01/30 (Call 01/01/30)(a)		531		592,096
4.50%, 06/15/43 (Call 12/15/42)(a)		70		84,169
Boston Scientific Corp.
1.90%, 06/01/25 (Call 05/01/25)		682		690,404
2.65%, 06/01/30 (Call 03/01/30)		912		926,477
3.45%, 03/01/24 (Call 02/01/24)		1,055		1,106,078
3.75%, 03/01/26 (Call 01/01/26)		1,368		1,473,931
3.85%, 05/15/25		185		198,762
4.00%, 03/01/28 (Call 12/01/27)		112		126,522
4.00%, 03/01/29 (Call 12/01/28)		1,115		1,247,073
4.55%, 03/01/39 (Call 09/01/38)		753		905,464
4.70%, 03/01/49 (Call 09/01/48)		472		609,498
6.75%, 11/15/35(a)		335		469,533
7.38%, 01/15/40		620		969,678
Covidien International Finance SA, 6.55%, 10/15/37		43		61,891
Danaher Corp.
2.60%, 10/01/50 (Call 04/01/50)(a)		910		886,644
3.35%, 09/15/25 (Call 06/15/25)		172		184,735
4.38%, 09/15/45 (Call 03/15/45)		512		644,350
DENTSPLY SIRONA Inc., 3.25%, 06/01/30 (Call 03/01/30)		650		691,537
DH Europe Finance II Sarl
2.20%, 11/15/24 (Call 10/15/24)		946		971,408
2.60%, 11/15/29 (Call 08/15/29)(a)		1,000		1,042,339
3.25%, 11/15/39 (Call 05/15/39)		749		803,140
3.40%, 11/15/49 (Call 05/15/49)		844		939,050
Edwards Lifesciences Corp., 4.30%, 06/15/28 (Call 03/15/28)		837		949,001
Fresenius U.S. Finance II Inc., 4.50%, 01/15/23 (Call 10/17/22)(a)(b)		50		51,533
Koninklijke Philips NV
5.00%, 03/15/42		599		774,372
6.88%, 03/11/38		863		1,283,282
Medtronic Global Holdings SCA, 3.35%, 04/01/27 (Call 01/01/27)		540		583,186
Medtronic Inc.
3.50%, 03/15/25		1,452		1,553,165
4.38%, 03/15/35		1,505		1,851,231
4.63%, 03/15/45		1,589		2,117,014
PerkinElmer Inc.
0.85%, 09/15/24 (Call 09/15/22)		60		59,038
1.90%, 09/15/28 (Call 07/15/28)		335		326,919
2.25%, 09/15/31 (Call 06/15/31)		345		334,545
2.55%, 03/15/31 (Call 12/15/30)		330		336,673
3.30%, 09/15/29 (Call 06/15/29)		1,100		1,166,105

Security	Par (000)		Value
Health Care - Products (continued)
3.63%, 03/15/51 (Call 09/15/50)	$	625	$	683,268
Smith & Nephew PLC, 2.03%, 10/14/30 (Call 07/14/30)		1,085		1,054,281
STERIS Irish FinCo UnLtd Co.
2.70%, 03/15/31 (Call 12/15/30)		830		839,925
3.75%, 03/15/51 (Call 09/15/50)		634		700,965
Stryker Corp.
0.60%, 12/01/23 (Call 12/13/21)(a)		630		624,614
1.15%, 06/15/25 (Call 05/15/25)(a)		742		736,458
1.95%, 06/15/30 (Call 03/15/30)		1,128		1,108,724
2.90%, 06/15/50 (Call 12/15/49)(a)		725		743,320
3.38%, 05/15/24 (Call 02/15/24)		392		410,876
3.38%, 11/01/25 (Call 08/01/25)		748		799,258
3.50%, 03/15/26 (Call 12/15/25)(a)		877		941,542
3.65%, 03/07/28 (Call 12/07/27)		481		525,490
4.10%, 04/01/43 (Call 10/01/42)		243		285,851
4.38%, 05/15/44 (Call 11/15/43)		433		529,839
4.63%, 03/15/46 (Call 09/15/45)		918		1,190,960
Thermo Fisher Scientific Inc.
1.22%, 10/18/24 (Call 10/18/22)		200		200,025
1.75%, 10/15/28 (Call 08/15/28)		130		127,812
2.00%, 10/15/31 (Call 07/15/31)		100		97,939
2.60%, 10/01/29 (Call 07/01/29)		1,113		1,154,221
2.80%, 10/15/41 (Call 04/15/41)		520		524,815
2.95%, 09/19/26 (Call 06/19/26)		1,088		1,149,126
3.20%, 08/15/27 (Call 05/15/27)		372		397,676
3.65%, 12/15/25 (Call 09/15/25)		400		430,902
4.10%, 08/15/47 (Call 02/15/47)		836		1,051,118
4.13%, 03/25/25 (Call 12/03/21)		1,018		1,102,014
4.50%, 03/25/30 (Call 12/03/21)		640		759,832
5.30%, 02/01/44 (Call 08/01/43)		389		542,881
Zimmer Biomet Holdings Inc.
2.60%, 11/24/31 (Call 08/24/31)(a)		400		401,386
3.05%, 01/15/26 (Call 12/15/25)		537		563,603
3.55%, 04/01/25 (Call 01/01/25)		483		512,579
3.55%, 03/20/30 (Call 12/20/29)		628		682,933
3.70%, 03/19/23 (Call 02/19/23)		164		169,626
4.25%, 08/15/35 (Call 02/15/35)		92		100,658
4.45%, 08/15/45 (Call 02/15/45)(a)		780		939,603
5.75%, 11/30/39		105		141,814
				73,310,955
Health Care - Services — 2.5%
Adventist Health System/West
2.95%, 03/01/29 (Call 12/01/28)		185		195,109
3.63%, 03/01/49 (Call 09/01/48)		235		262,763
Advocate Health & Hospitals Corp.
3.39%, 10/15/49 (Call 04/15/49)		230		263,884
3.83%, 08/15/28 (Call 05/15/28)(a)		155		173,034
4.27%, 08/15/48 (Call 02/15/48)		372		478,699
Series 2020, 2.21%, 06/15/30 (Call 03/15/30)(a)		50		50,662
Series 2020, 3.01%, 06/15/50 (Call 12/15/49)		685		729,901
Aetna Inc.
2.80%, 06/15/23 (Call 04/15/23)		1,108		1,136,747
3.50%, 11/15/24 (Call 08/15/24)		955		1,013,585
3.88%, 08/15/47 (Call 02/15/47)		932		1,052,567
4.13%, 11/15/42 (Call 05/15/42)		546		623,179
4.50%, 05/15/42 (Call 11/15/41)		327		391,203
4.75%, 03/15/44 (Call 09/15/43)		320		398,336
6.63%, 06/15/36(a)		860		1,223,641
6.75%, 12/15/37		565		824,783

44

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Health Care - Services (continued)
AHS Hospital Corp.
5.02%, 07/01/45	$	285	$	397,651
Series 2021, 2.78%, 07/01/51 (Call 01/01/51)		480		492,392
Allina Health System, Series 2019, 3.89%, 04/15/49		325		389,458
Anthem Inc.
1.50%, 03/15/26 (Call 02/15/26)		956		949,469
2.25%, 05/15/30 (Call 02/15/30)		1,096		1,092,491
2.38%, 01/15/25 (Call 12/15/24)		1,306		1,344,075
2.55%, 03/15/31 (Call 12/15/30)		806		823,039
2.88%, 09/15/29 (Call 06/15/29)		772		806,675
2.95%, 12/01/22 (Call 11/01/22)		509		520,238
3.13%, 05/15/50 (Call 11/15/49)		799		828,103
3.35%, 12/01/24 (Call 10/01/24)		774		818,578
3.50%, 08/15/24 (Call 05/15/24)		939		990,906
3.60%, 03/15/51 (Call 09/15/50)		1,225		1,368,640
3.65%, 12/01/27 (Call 09/01/27)		985		1,072,687
3.70%, 09/15/49 (Call 03/15/49)		713		798,252
4.10%, 03/01/28 (Call 12/01/27)		807		899,697
4.38%, 12/01/47 (Call 06/01/47)		698		861,263
4.55%, 03/01/48 (Call 09/01/47)		720		905,418
4.63%, 05/15/42		552		687,916
4.65%, 01/15/43		600		749,536
4.65%, 08/15/44 (Call 02/15/44)		770		965,752
4.85%, 08/15/54 (Call 02/15/54)(a)		340		442,506
5.10%, 01/15/44		439		580,587
5.85%, 01/15/36(a)		115		154,422
5.95%, 12/15/34(a)		515		698,919
6.38%, 06/15/37(a)		460		652,472
Ascension Health
3.95%, 11/15/46(a)		175		221,445
4.85%, 11/15/53(a)		297		443,846
Series B, 2.53%, 11/15/29 (Call 08/15/29)		150		156,567
Series B, 3.11%, 11/15/39 (Call 05/15/39)		680		740,105
Banner Health
1.90%, 01/01/31 (Call 07/01/30)		225		220,027
2.34%, 01/01/30 (Call 10/01/29)		385		390,172
2.91%, 01/01/51 (Call 07/01/50)(a)		500		519,858
Series 2020, 3.18%, 01/01/50 (Call 07/01/49)		539		588,403
Baptist Health South Florida Inc., Series 2017, 4.34%, 11/15/41		55		67,393
Baptist Healthcare System Obligated Group, Series 20B, 3.54%, 08/15/50 (Call 02/15/50)(a)		534		592,316
BayCare Health System Inc., Series 2020, 3.83%, 11/15/50 (Call 05/15/50)		165		203,654
Baylor Scott & White Holdings
3.97%, 11/15/46 (Call 05/15/46)		25		30,218
4.19%, 11/15/45 (Call 05/15/45)		557		706,261
Series 2021, 1.78%, 11/15/30 (Call 05/15/30)		145		141,191
Blue Cross and Blue Shield of Minnesota, 3.79%, 05/01/25 (Call 02/01/25)(a)(b)		300		318,217
Bon Secours Mercy Health Inc.
3.46%, 06/01/30 (Call 12/01/29)(a)		170		184,975
Series 20-2, 2.10%, 06/01/31 (Call 12/01/30)(a)		530		517,630
Series 20-2, 3.21%, 06/01/50 (Call 12/01/49)(a)		525		566,750
Catholic Health Services of Long Island Obligated Group, Series 2020, 3.37%, 07/01/50 (Call 01/01/50)		225		242,674
Children’s Health System of Texas, 2.51%, 08/15/50 (Call 02/15/50)(a)		500		482,299
Children’s Hospital Corp. (The) Series 2017, 4.12%, 01/01/47 (Call 07/01/46)		175		223,163

Security	Par (000)		Value
Health Care - Services (continued)
Series 2020, 2.59%, 02/01/50 (Call 08/01/49)	$	30	$	29,173
Children’s Hospital Medical Center/Cincinnati OH, 4.27%, 05/15/44		247		318,693
Children’s Hospital of Philadelphia (The), Series 2020, 2.70%, 07/01/50 (Call 01/01/50)		185		185,508
Children’s Hospital/DC, Series 2020, 2.93%, 07/15/50  (Call 01/15/50)		275		280,060
CHRISTUS Health, Series C, 4.34%, 07/01/28 (Call 04/01/28)(a)		325		367,209
City of Hope
Series 2013, 5.62%, 11/15/43		45		65,585
Series 2018, 4.38%, 08/15/48 (Call 02/15/48)(a)		100		128,580
CommonSpirit Health
1.55%, 10/01/25 (Call 07/01/25)		322		320,300
2.76%, 10/01/24 (Call 07/01/24)		1,111		1,150,132
3.35%, 10/01/29 (Call 04/01/29)		683		728,577
3.82%, 10/01/49 (Call 04/01/49)(a)		552		651,904
3.91%, 10/01/50 (Call 04/01/50)		340		391,403
4.19%, 10/01/49 (Call 04/01/49)		883		1,046,938
4.35%, 11/01/42(a)		930		1,083,929
Community Health Network Inc., Series 20-A, 3.10%, 05/01/50 (Call 11/01/49)		475		480,069
Cottage Health Obligated Group, Series 2020, 3.30%, 11/01/49 (Call 05/01/49)		350		386,115
Dartmouth-Hitchcock Health, Series B, 4.18%, 08/01/48  (Call 02/01/48)		412		501,947
Dignity Health
3.81%, 11/01/24(a)		250		266,891
4.50%, 11/01/42		15		18,266
5.27%, 11/01/64		280		396,573
Duke University Health System Inc., Series 2017, 3.92%, 06/01/47 (Call 12/01/46)		742		907,431
Franciscan Missionaries of Our Lady Health System Inc., Series B, 3.91%, 07/01/49 (Call 01/01/49)(a)		5		5,798
Fresenius Medical Care U.S. Finance II Inc., 4.75%, 10/15/24 (Call 07/17/24)(a)(b)		230		249,221
Fresenius Medical Care U.S. Finance III Inc.
1.88%, 12/01/26 (Call 11/01/26)(a)(b)		920		910,199
2.38%, 02/16/31 (Call 11/16/30)(b)		1,096		1,053,711
3.00%, 12/01/31 (Call 09/01/31)(a)(b)		350		354,719
3.75%, 06/15/29 (Call 03/15/29)(b)		584		629,977
Hackensack Meridian Health Inc.
4.21%, 07/01/48 (Call 01/01/48)(a)		350		441,909
4.50%, 07/01/57 (Call 01/01/57)		202		270,524
Series 2020, 2.68%, 09/01/41 (Call 03/01/41)		260		258,837
Series 2020, 2.88%, 09/01/50 (Call 03/01/50)		445		458,188
Hartford HealthCare Corp., 3.45%, 07/01/54(a)		195		208,110
HCA Inc.
2.38%, 07/15/31 (Call 04/15/31)		1,065		1,039,388
3.50%, 07/15/51 (Call 01/15/51)		1,350		1,379,386
4.13%, 06/15/29 (Call 03/15/29)		1,287		1,414,550
4.50%, 02/15/27 (Call 08/15/26)		1,086		1,194,695
4.75%, 05/01/23		889		933,774
5.00%, 03/15/24		260		280,549
5.13%, 06/15/39 (Call 12/15/38)(a)		611		753,648
5.25%, 04/15/25		1,353		1,504,261
5.25%, 06/15/26 (Call 12/15/25)		1,025		1,153,314
5.25%, 06/15/49 (Call 12/15/48)		1,703		2,207,130
5.50%, 06/15/47 (Call 12/15/46)		888		1,169,678

 45

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Health Care - Services (continued)
Health Care Service Corp. A Mutual Legal Reserve Co.
1.50%, 06/01/25 (Call 05/01/25)(a)(b)	$	400	$	402,016
2.20%, 06/01/30 (Call 03/01/30)(b)		927		916,905
3.20%, 06/01/50 (Call 12/01/49)(a)(b)		827		860,644
Highmark Inc.
1.45%, 05/10/26 (Call 04/10/26)(a)(b)		1,338		1,315,600
2.55%, 05/10/31 (Call 02/10/31)(b)		702		695,953
Humana Inc.
1.35%, 02/03/27 (Call 01/03/27)(a)		945		916,065
2.15%, 02/03/32 (Call 11/03/31)		475		458,093
3.13%, 08/15/29 (Call 05/15/29)		835		879,535
3.15%, 12/01/22 (Call 09/01/22)		685		698,316
3.85%, 10/01/24 (Call 07/01/24)		235		250,597
3.95%, 03/15/27 (Call 12/15/26)		850		927,991
3.95%, 08/15/49 (Call 02/15/49)		568		660,365
4.50%, 04/01/25 (Call 03/01/25)		578		632,075
4.63%, 12/01/42 (Call 06/01/42)		476		585,315
4.80%, 03/15/47 (Call 09/15/46)		351		451,952
4.88%, 04/01/30 (Call 01/01/30)		301		351,143
4.95%, 10/01/44 (Call 04/01/44)		299		388,190
8.15%, 06/15/38		405		654,760
Indiana University Health Inc. Obligated Group 3.97%, 11/01/48 (Call 05/01/48)		185		231,386
Series 2021, 2.85%, 11/01/51 (Call 05/01/51)		235		241,518
Integris Baptist Medical Center Inc., Series A, 3.88%, 08/15/50 (Call 02/15/50)		215		250,879
Iowa Health System, Series 2020, 3.67%, 02/15/50 (Call 08/15/49)		265		307,005
Johns Hopkins Health System Corp. (The), 3.84%, 05/15/46(a)		500		608,540
Kaiser Foundation Hospitals
3.15%, 05/01/27 (Call 02/01/27)		490		524,052
4.15%, 05/01/47 (Call 11/01/46)(a)		712		893,496
4.88%, 04/01/42		840		1,128,610
Series 2019, 3.27%, 11/01/49 (Call 05/01/49)		265		293,163
Series 2021, 2.81%, 06/01/41 (Call 12/01/40)		95		96,970
Series 2021, 3.00%, 06/01/51 (Call 12/01/50)		1,650		1,739,113
Laboratory Corp. of America Holdings
1.55%, 06/01/26 (Call 05/01/26)		515		509,323
2.30%, 12/01/24 (Call 11/01/24)		508		522,726
2.70%, 06/01/31 (Call 03/01/31)(a)		545		554,469
2.95%, 12/01/29 (Call 09/01/29)		453		473,437
3.25%, 09/01/24 (Call 07/01/24)		741		778,274
3.60%, 02/01/25 (Call 11/01/24)		1,020		1,082,192
3.60%, 09/01/27 (Call 06/01/27)		380		410,725
4.00%, 11/01/23 (Call 08/01/23)		398		417,905
4.70%, 02/01/45 (Call 08/01/44)(a)		957		1,180,652
Mass General Brigham Inc.
Series 2020, 3.19%, 07/01/49 (Call 01/01/49)		315		346,352
Series 2020, 3.34%, 07/01/60 (Call 01/01/60)		1,020		1,139,855
Mayo Clinic
3.77%, 11/15/43(a)		350		420,918
Series 2013, 4.00%, 11/15/47(a)		25		30,948
Series 2016, 4.13%, 11/15/52		290		375,822
Series 2021, 3.20%, 11/15/61 (Call 05/15/61)		670		739,920
McLaren Health Care Corp., Series A, 4.39%, 05/15/48 (Call 11/15/47)		223		292,115
MedStar Health Inc., Series 20A, 3.63%, 08/15/49		190		211,121
Memorial Health Services, 3.45%, 11/01/49 (Call 05/01/49)		260		295,778

Security	Par (000)		Value
Health Care - Services (continued)
Memorial Sloan-Kettering Cancer Center
4.13%, 07/01/52	$	453	$	584,431
5.00%, 07/01/42		275		372,696
Series 2015, 4.20%, 07/01/55		495		645,871
Series 2020, 2.96%, 01/01/50 (Call 07/01/49)		180		185,734
Mercy Health/OH, Series 2018, 4.30%, 07/01/28 (Call 01/01/28)		35		39,227
Methodist Hospital (The), Series 20A, 2.71%, 12/01/50 (Call 06/01/50)(a)		589		588,032
MidMichigan Health, Series 2020, 3.41%, 06/01/50 (Call 12/01/49)(a)		270		300,577
Montefiore Obligated Group
4.29%, 09/01/50		250		264,748
Series 18-C, 5.25%, 11/01/48		664		787,713
Mount Sinai Hospitals Group Inc.
Series 2017, 3.98%, 07/01/48		375		429,665
Series 2019, 3.74%, 07/01/49 (Call 01/01/49)		460		517,025
Series 2020, 3.39%, 07/01/50 (Call 07/01/49)		410		440,379
MultiCare Health System, 2.80%, 08/15/50 (Call 02/15/50)		325		327,590
New York and Presbyterian Hospital (The)
2.26%, 08/01/40 (Call 02/01/40)		155		149,629
2.61%, 08/01/60 (Call 02/01/60)		133		128,336
3.56%, 08/01/36		100		111,314
4.02%, 08/01/45		585		747,715
4.06%, 08/01/56		139		180,882
4.76%, 08/01/2116		240		345,472
Series 2019, 3.95%, 08/01/2119 (Call 02/01/2119)(a)		410		511,827
Northwell Healthcare Inc.
3.81%, 11/01/49 (Call 11/01/48)		612		706,676
3.98%, 11/01/46 (Call 11/01/45)		545		631,878
4.26%, 11/01/47 (Call 11/01/46)		396		479,624
6.15%, 11/01/43		320		479,048
Northwestern Memorial Healthcare Obligated Group, Series 2021, 2.63%, 07/15/51 (Call 01/15/51)(a)		10		9,934
NY Society for Relief of Ruptured & Crippled Maintaining Hosp Special Surgery, Series 2020, 2.67%, 10/01/50 (Call 04/01/50)		60		58,693
Ochsner Clinic Foundation, 5.90%, 05/15/45 (Call 11/15/44)		215		305,144
Ochsner LSU Health System of North Louisiana, Series 2021, 2.51%, 05/15/31 (Call 11/15/30)(a)		55		53,889
OhioHealth Corp.
2.30%, 11/15/31 (Call 05/15/31)		50		50,817
2.83%, 11/15/41 (Call 05/15/41)		535		553,533
Series 2020, 3.04%, 11/15/50 (Call 05/15/50)(a)		18		19,145
Orlando Health Obligated Group
3.33%, 10/01/50 (Call 04/01/50)(a)		610		670,207
4.09%, 10/01/48 (Call 04/01/48)(a)		235		291,117
PeaceHealth Obligated Group
Series 2018, 4.79%, 11/15/48 (Call 05/15/48)(a)		575		781,667
Series 2020, 1.38%, 11/15/25 (Call 08/15/25)		517		514,997
Series 2020, 3.22%, 11/15/50 (Call 05/15/50)		340		354,462
Piedmont Healthcare Inc.
2.04%, 01/01/32 (Call 07/01/31)(a)		200		194,695
2.86%, 01/01/52 (Call 07/01/51)		25		24,991
Series 2042, 2.72%, 01/01/42 (Call 07/01/41)		235		231,750
Premier Health Partners, Series G, 2.91%, 11/15/26 (Call 05/15/26)(a)		420		436,795
Providence St Joseph Health Obligated Group Series 19A, 2.53%, 10/01/29 (Call 07/01/29)(a)		200		207,567

46

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Health Care - Services (continued)
Series 21A, 2.70%, 10/01/51 (Call 04/01/51)	$	393	$	384,582
Series A, 3.93%, 10/01/48 (Call 04/01/48)(a)		317		380,462
Series H, 2.75%, 10/01/26 (Call 07/01/26)(a)		311		325,650
Series I, 3.74%, 10/01/47(a)		75		87,296
Quest Diagnostics Inc.
2.80%, 06/30/31 (Call 03/30/31)		438		451,616
2.95%, 06/30/30 (Call 03/30/30)		461		481,655
3.45%, 06/01/26 (Call 03/01/26)(a)		831		892,204
3.50%, 03/30/25 (Call 12/30/24)		504		535,963
4.20%, 06/30/29 (Call 03/30/29)		530		599,744
4.25%, 04/01/24 (Call 01/01/24)		264		281,585
4.70%, 03/30/45 (Call 09/30/44)(a)		286		362,945
Rady Children’s Hospital-San Diego/CA, Series 21A, 3.15%, 08/15/51 (Call 08/15/50)		55		59,914
Roche Holdings Inc.
0.45%, 03/05/24 (Call 02/05/24)(b)		227		224,081
0.99%, 03/05/26 (Call 02/05/26)(b)		832		818,384
2.38%, 01/28/27 (Call 10/28/26)(a)(b)		485		501,899
2.63%, 05/15/26 (Call 02/15/26)(b)		960		1,007,701
3.00%, 11/10/25 (Call 08/10/25)(a)(b)		525		556,694
3.35%, 09/30/24 (Call 06/30/24)(a)(b)		300		317,402
3.63%, 09/17/28 (Call 06/17/28)(a)(b)		865		962,471
4.00%, 11/28/44 (Call 05/28/44)(a)(b)		145		177,183
7.00%, 03/01/39(a)(b)		250		403,993
Rush Obligated Group, Series 2020, 3.92%, 11/15/29 (Call 08/15/29)(a)		455		509,459
RWJ Barnabas Health Inc.
3.48%, 07/01/49 (Call 01/01/49)		300		340,305
3.95%, 07/01/46 (Call 07/01/45)(a)		220		264,447
Seattle Children’s Hospital, Series 2021, 2.72%, 10/01/50 (Call 10/01/49)		175		176,180
Southern Baptist Hospital of Florida Inc., 4.86%, 07/15/45 (Call 01/15/45)(a)		45		60,601
Spectrum Health System Obligated Group, Series 19A, 3.49%, 07/15/49 (Call 01/15/49)		80		93,218
SSM Health Care Corp.
Series 2018, 3.69%, 06/01/23 (Call 03/01/23)		303		313,188
Series A, 3.82%, 06/01/27 (Call 03/01/27)(a)		220		242,856
Stanford Health Care
3.03%, 08/15/51 (Call 02/15/51)		415		447,160
Series 2018, 3.80%, 11/15/48 (Call 05/15/48)		587		712,722
Series 2020, 3.31%, 08/15/30 (Call 05/15/30)(a)		100		107,876
Summa Health, 3.51%, 11/15/51 (Call 05/15/51)		25		27,625
Sutter Health
Series 2018, 3.70%, 08/15/28 (Call 05/15/28)(a)		537		592,927
Series 2018, 4.09%, 08/15/48 (Call 02/15/48)		350		430,701
Series 20A, 1.32%, 08/15/25 (Call 05/15/25)		50		49,344
Series 20A, 2.29%, 08/15/30 (Call 02/15/30)		160		161,680
Series 20A, 3.16%, 08/15/40 (Call 02/15/40)(a)		433		450,980
Series 20A, 3.36%, 08/15/50 (Call 02/15/50)		550		601,889
Texas Health Resources
2.33%, 11/15/50 (Call 05/15/50)		185		170,514
4.33%, 11/15/55(a)		145		195,476
Toledo Hospital (The)
4.98%, 11/15/45 (Call 05/15/45)(a)		76		80,653
5.75%, 11/15/38 (Call 11/15/28)		300		353,559
6.02%, 11/15/48		664		823,108
Series B, 5.33%, 11/15/28		200		223,171
Trinity Health Corp.
4.13%, 12/01/45(a)		425		541,025

Security	Par (000)		Value
Health Care - Services (continued)
Series 2019, 3.43%, 12/01/48(a)	$	210	$	237,368
Series 2021, 2.63%, 12/01/40 (Call 06/01/40)		190		190,198
UnitedHealth Group Inc.
0.55%, 05/15/24 (Call 05/15/22)		390		386,208
1.15%, 05/15/26 (Call 04/15/26)		395		389,899
1.25%, 01/15/26		814		809,843
2.00%, 05/15/30(a)		1,216		1,205,009
2.30%, 05/15/31 (Call 02/15/31)		820		830,370
2.38%, 08/15/24		849		879,608
2.75%, 02/15/23 (Call 11/15/22)		110		112,189
2.75%, 05/15/40 (Call 11/15/39)		990		997,176
2.88%, 03/15/23		526		541,166
2.88%, 08/15/29		1,050		1,109,984
2.90%, 05/15/50 (Call 11/15/49)		1,008		1,030,792
2.95%, 10/15/27		661		703,193
3.05%, 05/15/41 (Call 11/15/40)		690		719,195
3.10%, 03/15/26		670		715,291
3.13%, 05/15/60 (Call 11/15/59)(a)		840		873,013
3.25%, 05/15/51 (Call 11/15/50)		1,260		1,370,133
3.38%, 04/15/27		660		715,791
3.45%, 01/15/27		712		773,227
3.50%, 06/15/23		325		339,451
3.50%, 02/15/24		1,289		1,359,967
3.50%, 08/15/39 (Call 02/15/39)		987		1,086,205
3.70%, 12/15/25(a)		515		562,160
3.70%, 08/15/49 (Call 02/15/49)		947		1,099,465
3.75%, 07/15/25		506		547,569
3.75%, 10/15/47 (Call 04/15/47)		874		1,013,806
3.85%, 06/15/28		1,050		1,172,576
3.88%, 12/15/28		581		651,918
3.88%, 08/15/59 (Call 02/15/59)		947		1,144,175
3.95%, 10/15/42 (Call 04/15/42)		618		717,929
4.20%, 01/15/47 (Call 07/15/46)		465		572,702
4.25%, 03/15/43 (Call 09/15/42)(a)		628		757,238
4.25%, 04/15/47 (Call 10/15/46)		636		792,151
4.25%, 06/15/48 (Call 12/15/47)		1,127		1,406,148
4.38%, 03/15/42 (Call 09/15/41)		566		684,646
4.45%, 12/15/48 (Call 06/15/48)		773		991,843
4.63%, 07/15/35		440		545,468
4.63%, 11/15/41 (Call 05/15/41)		736		923,762
4.75%, 07/15/45		1,103		1,453,179
5.70%, 10/15/40 (Call 04/15/40)		660		918,734
5.80%, 03/15/36		952		1,309,729
5.95%, 02/15/41 (Call 08/15/40)(a)		610		880,677
6.50%, 06/15/37		473		697,241
6.63%, 11/15/37		634		949,584
6.88%, 02/15/38		371		572,248
Universal Health Services Inc.
1.65%, 09/01/26 (Call 08/01/26)(a)(b)		790		775,053
2.65%, 10/15/30 (Call 07/15/30)(b)		905		877,850
2.65%, 01/15/32 (Call 10/15/31)(a)(b)		775		766,917
UPMC, Series D-1, 3.60%, 04/03/25		500		529,133
West Virginia United Health System Obligated Group, Series 2020, 3.13%, 06/01/50 (Call 12/01/49)		115		121,552
Willis-Knighton Medical Center
Series 2018, 4.81%, 09/01/48 (Call 03/01/48)		542		723,921
Series 2021, 3.07%, 03/01/51 (Call 09/01/50)		245		251,940
Yale-New Haven Health Services Corp., Series 2020, 2.50%, 07/01/50 (Call 07/01/49)		50		47,456
				166,719,653

 47

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Holding Companies - Diversified — 0.6%
Alfa SAB de CV, 6.88%, 03/25/44 (Call 09/25/43)(b)	$	270	$	348,978
Ares Capital Corp.
2.15%, 07/15/26 (Call 06/15/26)		715		706,108
2.88%, 06/15/28 (Call 04/15/28)		1,043		1,039,342
3.20%, 11/15/31 (Call 08/15/31)		405		396,414
3.25%, 07/15/25 (Call 06/15/25)		697		717,630
3.50%, 02/10/23 (Call 01/10/23)		933		956,638
3.88%, 01/15/26 (Call 12/15/25)		361		379,999
4.20%, 06/10/24 (Call 05/10/24)		1,122		1,182,103
4.25%, 03/01/25 (Call 01/01/25)		904		953,976
Bain Capital Specialty Finance Inc.
2.55%, 10/13/26 (Call 09/13/26)		200		194,624
2.95%, 03/10/26 (Call 02/10/26)		1,100		1,107,155
Barings BDC Inc., 3.30%, 11/23/26 (Call 10/13/26)(b)		200		197,761
Blackstone Secured Lending Fund
2.13%, 02/15/27 (Call 01/15/27)(b)		695		673,937
2.75%, 09/16/26 (Call 08/19/26)		1,030		1,032,453
2.85%, 09/30/28 (Call 07/30/28)(b)		1,620		1,571,036
3.63%, 01/15/26 (Call 12/15/25)		565		589,133
3.65%, 07/14/23		40		41,399
CK Hutchison International 17 II Ltd., 2.75%, 03/29/23(b)		300		307,421
CK Hutchison International 19 II Ltd.
2.75%, 09/06/29 (Call 06/06/29)(b)		1,603		1,670,422
3.38%, 09/06/49 (Call 03/06/49)(b)		900		990,186
CK Hutchison International 19 Ltd.
3.25%, 04/11/24 (Call 03/11/24)(b)		500		524,650
3.63%, 04/11/29 (Call 01/11/29)(a)(b)		239		262,597
CK Hutchison International 21 Ltd., 1.50%, 04/15/26(Call 03/15/26)(b)		94		93,389
FS KKR Capital Corp.
1.65%, 10/12/24		1,050		1,032,801
2.63%, 01/15/27 (Call 12/15/26)(a)		260		255,856
3.13%, 10/12/28 (Call 08/12/28)		100		98,471
3.40%, 01/15/26 (Call 12/15/25)		929		947,242
4.13%, 02/01/25 (Call 01/01/25)		519		544,230
4.63%, 07/15/24 (Call 06/15/24)		530		560,092
Fund of National Welfare Samruk-Kazyna JSC, 2.00%, 10/28/26 (Call 07/28/26)(a)(b)		55		53,763
Goldman Sachs BDC Inc.
2.88%, 01/15/26 (Call 12/15/25)		176		179,889
3.75%, 02/10/25 (Call 01/10/25)		543		569,602
Golub Capital BDC Inc.
2.05%, 02/15/27 (Call 01/15/27)		665		642,786
2.50%, 08/24/26 (Call 07/24/26)		207		203,954
3.38%, 04/15/24 (Call 03/15/24)		730		752,642
Hutchison Whampoa International 14 Ltd., 3.63%, 10/31/24(b)		1,600		1,713,825
JAB Holdings BV
2.20%, 11/23/30 (Call 08/23/30)(a)(b)		245		240,587
3.75%, 05/28/51 (Call 11/28/50)(a)(b)		340		374,744
Main Street Capital Corp.
3.00%, 07/14/26 (Call 06/14/26)		995		1,000,160
5.20%, 05/01/24		895		960,904
Oaktree Specialty Lending Corp.
2.70%, 01/15/27 (Call 12/15/26)		715		708,236
3.50%, 02/25/25 (Call 01/25/25)		315		328,049
Owl Rock Capital Corp.
2.63%, 01/15/27 (Call 12/15/26)		640		626,947
2.88%, 06/11/28 (Call 04/11/28)		860		840,229
3.40%, 07/15/26 (Call 06/15/26)		987		1,003,771

Security	Par (000)		Value
Holding Companies - Diversified (continued)
3.75%, 07/22/25 (Call 06/22/25)	$	701	$	728,009
4.00%, 03/30/25 (Call 02/28/25)		446		464,687
4.25%, 01/15/26 (Call 12/15/25)		747		788,348
5.25%, 04/15/24 (Call 03/15/24)		540		579,318
Owl Rock Capital Corp. II, 4.63%, 11/26/24 (Call 10/25/24)(b)		450		472,320
Owl Rock Capital Corp. III, 3.13%, 04/13/27 (Call 03/13/27)(b)		970		950,546
Owl Rock Technology Finance Corp.
2.50%, 01/15/27 (Call 12/15/26)		915		899,565
3.75%, 06/17/26 (Call 05/17/26)(b)		271		281,377
4.75%, 12/15/25 (Call 11/15/25)(b)		1,250		1,338,607
Prospect Capital Corp.
3.36%, 11/15/26 (Call 10/15/26)		530		528,553
3.44%, 10/15/28 (Call 08/15/28)		375		359,175
3.71%, 01/22/26 (Call 12/22/25)(a)		378		384,362
PTT Treasury Center Co. Ltd., 3.70%, 07/16/70 (Call 01/16/70)(b)		970		987,654
Sixth Street Specialty Lending Inc.
2.50%, 08/01/26 (Call 07/01/26)(a)		100		99,672
3.88%, 11/01/24 (Call 10/01/24)		320		335,764
				38,774,088
Home Builders — 0.2%
DR Horton Inc.
1.30%, 10/15/26 (Call 09/15/26)		660		644,064
1.40%, 10/15/27 (Call 08/15/27)		517		499,145
2.50%, 10/15/24 (Call 09/15/24)		806		835,736
2.60%, 10/15/25 (Call 09/15/25)		624		647,430
5.75%, 08/15/23 (Call 05/15/23)		263		280,993
Lennar Corp.
4.50%, 04/30/24 (Call 01/31/24)		292		311,345
4.75%, 05/30/25 (Call 02/28/25)		339		371,925
4.75%, 11/29/27 (Call 05/29/27)(a)		365		414,819
4.88%, 12/15/23 (Call 09/15/23)		439		467,109
5.00%, 06/15/27 (Call 12/15/26)(a)		694		791,451
5.25%, 06/01/26 (Call 12/01/25)		895		1,015,243
5.88%, 11/15/24 (Call 05/15/24)		183		202,830
MDC Holdings Inc.
2.50%, 01/15/31 (Call 07/15/30)(a)		405		390,058
3.85%, 01/15/30 (Call 07/15/29)(a)		110		115,775
3.97%, 08/06/61 (Call 02/06/61)		345		334,926
6.00%, 01/15/43 (Call 10/15/42)		435		547,182
NVR Inc., 3.00%, 05/15/30 (Call 11/15/29)		712		741,883
PulteGroup Inc.
5.00%, 01/15/27 (Call 10/15/26)(a)		857		976,714
5.50%, 03/01/26 (Call 12/01/25)		239		272,352
6.00%, 02/15/35		1,024		1,327,324
6.38%, 05/15/33(a)		580		753,710
7.88%, 06/15/32		348		499,283
				12,441,297
Home Furnishings — 0.1%
Controladora Mabe SA de CV, 5.60%, 10/23/28 (Call 07/23/28)(b)		170		193,377
Harman International Industries Inc., 4.15%, 05/15/25 (Call 02/15/25)		50		54,130
Leggett & Platt Inc.
3.50%, 11/15/27 (Call 08/15/27)		280		300,242
3.50%, 11/15/51 (Call 05/15/51)		310		317,385
3.80%, 11/15/24 (Call 08/15/24)(a)		200		211,623

48

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Home Furnishings (continued)
4.40%, 03/15/29 (Call 12/15/28)	$	658	$	744,930
Panasonic Corp.
2.68%, 07/19/24 (Call 06/19/24)(b)		225		233,250
3.11%, 07/19/29 (Call 04/19/29)(a)(b)		455		486,052
Whirlpool Corp.
2.40%, 05/15/31 (Call 02/15/31)(a)		690		692,197
3.70%, 03/01/23		148		153,354
3.70%, 05/01/25		405		434,634
4.00%, 03/01/24		319		339,765
4.50%, 06/01/46 (Call 12/01/45)		185		224,718
4.60%, 05/15/50 (Call 11/15/49)		746		926,699
4.75%, 02/26/29 (Call 11/26/28)(a)		376		436,118
5.15%, 03/01/43		90		114,306
				5,862,780
Household Products & Wares — 0.3%
Avery Dennison Corp.
0.85%, 08/15/24 (Call 08/15/22)(a)		100		98,860
2.25%, 02/15/32 (Call 11/15/31)		645		628,897
2.65%, 04/30/30 (Call 02/01/30)		772		785,604
3.35%, 04/15/23 (Call 01/15/23)		100		102,572
4.88%, 12/06/28 (Call 09/06/28)		92		108,074
Church & Dwight Co. Inc.
3.15%, 08/01/27 (Call 05/01/27)		140		148,562
3.95%, 08/01/47 (Call 02/01/47)(a)		320		384,243
Clorox Co. (The)
1.80%, 05/15/30 (Call 02/15/30)(a)		719		697,807
3.10%, 10/01/27 (Call 07/01/27)		613		657,069
3.50%, 12/15/24 (Call 09/15/24)		835		890,334
3.90%, 05/15/28 (Call 02/15/28)		450		509,215
Kimberly-Clark Corp.
1.05%, 09/15/27 (Call 07/15/27)(a)		803		772,859
2.00%, 11/02/31 (Call 08/02/31)		300		300,284
2.40%, 06/01/23		109		111,838
2.65%, 03/01/25		268		280,849
2.75%, 02/15/26		115		121,986
2.88%, 02/07/50 (Call 08/07/49)		456		476,490
3.05%, 08/15/25		538		572,134
3.10%, 03/26/30 (Call 12/26/29)		704		763,554
3.20%, 04/25/29 (Call 01/25/29)(a)		553		600,683
3.20%, 07/30/46 (Call 01/30/46)(a)		420		465,442
3.70%, 06/01/43		155		175,637
3.90%, 05/04/47 (Call 11/04/46)		142		174,246
3.95%, 11/01/28 (Call 08/01/28)		434		495,160
5.30%, 03/01/41(a)		395		549,843
6.63%, 08/01/37		751		1,166,345
Kimberly-Clark de Mexico SAB de CV
2.43%, 07/01/31 (Call 04/01/31)(a)(b)		395		391,852
3.25%, 03/12/25(b)		290		303,088
Reckitt Benckiser Treasury Services PLC
2.75%, 06/26/24 (Call 04/26/24)(b)		1,119		1,158,661
3.00%, 06/26/27 (Call 03/26/27)(b)		2,052		2,172,904
3.63%, 09/21/23 (Call 06/21/23)(b)		400		417,355
SC Johnson & Son Inc., 4.75%, 10/15/46 (Call 04/16/46)(b)		770		1,041,734
				17,524,181
Insurance — 4.7%
Aegon NV, 5.50%, 04/11/48 (Call 04/11/28),
(6 mo. LIBOR US + 3.540%)(c)		150		171,032

Security	Par (000)		Value
Insurance (continued)
Aflac Inc.
1.13%, 03/15/26 (Call 02/15/26)(a)	$	130	$	128,776
2.88%, 10/15/26 (Call 07/15/26)		100		106,446
3.25%, 03/17/25		267		284,288
3.60%, 04/01/30 (Call 01/01/30)		1,050		1,163,338
3.63%, 11/15/24		676		724,652
4.00%, 10/15/46 (Call 04/15/46)		310		373,167
4.75%, 01/15/49 (Call 07/15/48)		507		683,011
6.45%, 08/15/40		225		328,126
AIA Group Ltd.
3.20%, 03/11/25 (Call 12/11/24)(a)(b)		50		52,381
3.20%, 09/16/40 (Call 03/16/40)(b)		1,920		1,964,178
3.38%, 04/07/30 (Call 01/07/30)(b)		1,380		1,494,340
3.60%, 04/09/29 (Call 01/09/29)(a)(b)		635		695,827
4.50%, 03/16/46 (Call 09/16/45)(a)(b)		725		924,047
AIG SunAmerica Global Financing X, 6.90%, 03/15/32(b)		1,071		1,497,601
Alleghany Corp.
3.25%, 08/15/51 (Call 02/15/51)		105		107,356
3.63%, 05/15/30 (Call 02/15/30)		355		386,015
4.90%, 09/15/44 (Call 03/15/44)		12		15,330
Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25 (Call 07/29/25)		434		468,588
Allstate Corp. (The)
0.75%, 12/15/25 (Call 11/15/25)		290		283,539
1.45%, 12/15/30 (Call 09/15/30)(a)		726		688,461
3.15%, 06/15/23		139		144,359
3.28%, 12/15/26 (Call 09/15/26)		652		701,472
3.85%, 08/10/49 (Call 02/10/49)		432		522,216
4.20%, 12/15/46 (Call 06/15/46)		708		882,655
4.50%, 06/15/43		474		588,326
5.35%, 06/01/33		155		197,147
5.55%, 05/09/35(a)		803		1,071,152
5.95%, 04/01/36(a)		140		195,814
6.50%, 05/15/67 (Call 05/15/37), (3 mo. LIBOR US + 2.120%)(c)		450		590,625
Series B, 5.75%, 08/15/53 (Call 08/15/23), (3 mo. LIBOR US + 2.938%)(c)		713		749,933
American Equity Investment Life Holding Co., 5.00%,
06/15/27 (Call 03/15/27)(a)		532		605,768
American Financial Group Inc./OH
3.50%, 08/15/26 (Call 05/15/26)		284		305,366
4.50%, 06/15/47 (Call 12/15/46)		545		681,556
5.25%, 04/02/30 (Call 01/02/30)		587		707,726
American International Group Inc.
2.50%, 06/30/25 (Call 05/30/25)		906		937,450
3.40%, 06/30/30 (Call 03/30/30)		1,395		1,505,173
3.75%, 07/10/25 (Call 04/10/25)		941		1,009,773
3.88%, 01/15/35 (Call 07/15/34)		708		790,928
3.90%, 04/01/26 (Call 01/01/26)		1,186		1,292,927
4.13%, 02/15/24		808		860,782
4.20%, 04/01/28 (Call 01/01/28)		378		425,470
4.25%, 03/15/29 (Call 12/15/28)		844		962,655
4.38%, 06/30/50 (Call 12/30/49)		721		909,542
4.38%, 01/15/55 (Call 07/15/54)		592		747,048
4.50%, 07/16/44 (Call 01/16/44)		1,484		1,816,513
4.70%, 07/10/35 (Call 01/10/35)		639		770,621
4.75%, 04/01/48 (Call 10/01/47)		838		1,098,343
4.80%, 07/10/45 (Call 01/10/45)(a)		586		761,489
Series A-9, 5.75%, 04/01/48 (Call 04/01/28), (3 mo. LIBOR US + 2.868%)(c)		551		622,663

 49

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Insurance (continued)
Americo Life Inc., 3.45%, 04/15/31(b)	$	590	$	576,616
AmFam Holdings Inc.
2.81%, 03/11/31 (Call 12/11/30)(b)		445		456,489
3.83%, 03/11/51 (Call 09/11/50)(a)(b)		696		788,176
Aon Corp.
2.80%, 05/15/30 (Call 02/15/30)		933		956,580
3.75%, 05/02/29 (Call 02/02/29)		693		760,432
4.50%, 12/15/28 (Call 09/15/28)		447		515,608
6.25%, 09/30/40		385		554,244
8.21%, 01/01/27(a)		230		292,766
Aon Corp./Aon Global Holdings PLC
2.05%, 08/23/31 (Call 05/23/31)		590		569,780
2.60%, 12/02/31 (Call 09/02/31)		165		166,083
2.90%, 08/23/51 (Call 02/23/51)		580		566,571
Aon PLC
3.50%, 06/14/24 (Call 03/14/24)		828		876,346
3.88%, 12/15/25 (Call 09/15/25)(a)		997		1,083,376
4.00%, 11/27/23 (Call 08/27/23)		405		426,188
4.25%, 12/12/42		190		223,581
4.45%, 05/24/43 (Call 02/24/43)(a)		366		442,462
4.60%, 06/14/44 (Call 03/14/44)		605		752,183
4.75%, 05/15/45 (Call 11/15/44)(a)		140		180,491
Arch Capital Finance LLC
4.01%, 12/15/26 (Call 09/15/26)		892		985,003
5.03%, 12/15/46 (Call 06/15/46)		204		271,922
Arch Capital Group Ltd.
3.64%, 06/30/50 (Call 12/30/49)		712		783,624
7.35%, 05/01/34(a)		80		116,744
Arch Capital Group U.S. Inc., 5.14%, 11/01/43		867		1,145,823
Arthur J Gallagher & Co.
2.40%, 11/09/31 (Call 08/09/31)		515		508,824
3.05%, 03/09/52 (Call 09/09/51)		300		294,926
3.50%, 05/20/51 (Call 11/20/50)		545		586,592
Ascot Group Ltd., 4.25%, 12/15/30 (Call 12/15/25)(b)		90		92,956
Aspen Insurance Holdings Ltd., 4.65%, 11/15/23		699		745,311
Assurant Inc.
2.65%, 01/15/32 (Call 10/15/31)(a)		325		320,514
3.70%, 02/22/30 (Call 11/22/29)		381		411,605
4.20%, 09/27/23 (Call 08/27/23)		373		393,470
4.90%, 03/27/28 (Call 12/27/27)		690		794,971
6.75%, 02/15/34		250		332,160
Assured Guaranty U.S. Holdings Inc.
3.15%, 06/15/31 (Call 03/15/31)(a)		605		636,509
3.60%, 09/15/51 (Call 03/15/51)		525		561,979
5.00%, 07/01/24(a)		353		385,749
Athene Global Funding
0.91%, 08/19/24(b)		395		390,764
0.95%, 01/08/24(b)		275		274,095
1.00%, 04/16/24(b)		407		405,207
1.20%, 10/13/23(b)		175		175,849
1.45%, 01/08/26(b)		327		322,787
1.61%, 06/29/26(b)		400		393,928
1.73%, 10/02/26(b)		1,380		1,353,935
1.99%, 08/19/28(b)		1,975		1,915,530
2.45%, 08/20/27(a)(b)		415		424,247
2.50%, 01/14/25(b)		534		549,881
2.50%, 03/24/28(b)		245		247,280
2.55%, 06/29/25(b)		254		262,458
2.55%, 11/19/30(a)(b)		805		805,522
2.65%, 10/04/31(b)		205		203,790

Security	Par (000)		Value
Insurance (continued)
2.67%, 06/07/31(b)	$	511	$	514,073
2.75%, 06/25/24(b)		668		692,336
2.80%, 05/26/23(b)		130		133,516
2.95%, 11/12/26(b)		65		68,022
Athene Holding Ltd.
3.50%, 01/15/31 (Call 10/15/30)		175		185,404
3.95%, 05/25/51 (Call 11/25/50)		555		625,998
4.13%, 01/12/28 (Call 10/12/27)		810		888,365
6.15%, 04/03/30 (Call 01/03/30)		600		743,414
AXA SA
6.38%, (Call 12/14/36)(a)(b)(c)(d)		250		345,000
8.60%, 12/15/30		983		1,424,928
AXIS Specialty Finance LLC
3.90%, 07/15/29 (Call 04/15/29)		340		374,605
4.90%, 01/15/40 (Call 01/15/30)(c)		262		275,262
AXIS Specialty Finance PLC
4.00%, 12/06/27 (Call 09/06/27)		585		642,387
5.15%, 04/01/45(a)		400		499,600
Belrose Funding Trust, 2.33%, 08/15/30 (Call 05/15/30)(a)(b)		493		485,987
Berkshire Hathaway Finance Corp.
1.45%, 10/15/30 (Call 07/15/30)		525		501,319
1.85%, 03/12/30 (Call 12/12/29)(a)		791		786,154
2.50%, 01/15/51 (Call 07/15/50)		600		562,425
2.85%, 10/15/50 (Call 04/15/50)		1,380		1,378,802
4.20%, 08/15/48 (Call 02/15/48)		1,893		2,335,875
4.25%, 01/15/49 (Call 07/15/48)		1,584		1,968,337
4.30%, 05/15/43		488		596,562
4.40%, 05/15/42		251		310,377
5.75%, 01/15/40(a)		530		759,206
Berkshire Hathaway Inc.
3.00%, 02/11/23		299		307,301
3.13%, 03/15/26 (Call 12/15/25)		1,077		1,152,070
4.50%, 02/11/43		912		1,141,437
Brighthouse Financial Global Funding
0.60%, 06/28/23(b)		325		323,906
1.00%, 04/12/24(b)		80		79,603
1.55%, 05/24/26(b)		775		766,753
2.00%, 06/28/28(b)		200		198,197
Brighthouse Financial Inc.
3.85%, 12/22/51 (Call 06/22/51)		70		68,530
4.70%, 06/22/47 (Call 12/22/46)		415		464,640
5.63%, 05/15/30 (Call 02/15/30)		739		887,539
Brown & Brown Inc.
2.38%, 03/15/31 (Call 12/15/30)		888		877,317
4.20%, 09/15/24 (Call 06/15/24)		824		882,679
4.50%, 03/15/29 (Call 12/15/28)		500		570,932
Chubb Corp. (The), Series 1, 6.50%, 05/15/38		200		302,326
Chubb INA Holdings Inc.
2.85%, 12/15/51 (Call 06/15/51)		500		508,833
3.05%, 12/15/61 (Call 06/15/61)		345		355,002
3.15%, 03/15/25		675		717,401
3.35%, 05/15/24(a)		601		635,629
3.35%, 05/03/26 (Call 02/03/26)		825		888,521
4.35%, 11/03/45 (Call 05/03/45)		692		884,274
Cincinnati Financial Corp., 6.92%, 05/15/28		335		433,455
CNA Financial Corp.
2.05%, 08/15/30 (Call 05/15/30)		120		117,812
3.45%, 08/15/27 (Call 05/15/27)		763		824,207
3.90%, 05/01/29 (Call 02/01/29)		649		722,007

50

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Insurance (continued)
3.95%, 05/15/24 (Call 02/15/24)	$	929	$	986,468
4.50%, 03/01/26 (Call 12/01/25)		677		753,564
CNO Financial Group Inc.
5.25%, 05/30/25 (Call 02/28/25)(a)		346		385,671
5.25%, 05/30/29 (Call 02/28/29)		736		850,286
CNO Global Funding, 1.75%, 10/07/26(b)		500		495,555
Dai-Ichi Life Insurance Co. Ltd. (The)
4.00%, (Call 07/24/26)(b)(c)(d)		90		95,400
5.10%, (Call 10/28/24)(a)(b)(c)(d)		790		850,238
Empower Finance 2020 LP
1.36%, 09/17/27 (Call 07/17/27)(b)		95		92,187
1.78%, 03/17/31 (Call 12/17/30)(a)(b)		780		753,285
3.08%, 09/17/51 (Call 03/17/51)(b)		730		761,381
Enstar Group Ltd.
3.10%, 09/01/31 (Call 03/01/31)		447		438,813
4.95%, 06/01/29 (Call 03/01/29)		455		515,667
Equitable Financial Life Global Funding
0.50%, 11/17/23(b)		817		810,554
0.80%, 08/12/24(a)(b)		340		336,530
1.00%, 01/09/26(b)		475		462,301
1.10%, 11/12/24(b)		1,000		991,998
1.30%, 07/12/26(b)		490		480,397
1.40%, 07/07/25(b)		411		409,724
1.40%, 08/27/27(a)(b)		280		273,287
1.70%, 11/12/26(b)		1,000		990,809
1.75%, 11/15/30(a)(b)		445		428,646
1.80%, 03/08/28(a)(b)		150		147,760
Equitable Holdings Inc.
4.35%, 04/20/28 (Call 01/20/28)		961		1,080,842
5.00%, 04/20/48 (Call 10/20/47)		1,216		1,555,733
7.00%, 04/01/28		25		31,845
Everest Reinsurance Holdings Inc.
3.13%, 10/15/52 (Call 04/15/52)		300		294,767
3.50%, 10/15/50 (Call 04/15/50)		870		925,145
4.87%, 06/01/44(a)		470		595,083
F&G Global Funding
0.90%, 09/20/24(b)		504		497,462
1.75%, 06/30/26(b)		605		603,061
2.00%, 09/20/28(b)		355		346,301
Fairfax Financial Holdings Ltd.
3.38%, 03/03/31 (Call 12/03/30)		310		319,286
4.63%, 04/29/30 (Call 01/29/30)(a)		657		737,226
4.85%, 04/17/28 (Call 01/17/28)		344		388,647
Fairfax U.S. Inc., 4.88%, 08/13/24(b)		200		214,580
Farmers Exchange Capital, 7.05%, 07/15/28(a)(b)		270		333,728
Farmers Exchange Capital II, 6.15%, 11/01/53 (Call 11/01/33)(a)(b)(c)		400		508,499
Farmers Exchange Capital III, 5.45%, 10/15/54 (Call 10/15/34)(b)(c)		75		90,991
Farmers Insurance Exchange, 4.75%, 11/01/57 (Call 11/01/37)(b)(c)		600		700,737
Fidelity & Guaranty Life Holdings Inc., 5.50%, 05/01/25 (Call 02/01/25)(b)		884		993,557
Fidelity National Financial Inc.
2.45%, 03/15/31 (Call 12/15/30)		972		962,697
3.20%, 09/17/51 (Call 03/17/51)		135		133,781
3.40%, 06/15/30 (Call 03/15/30)		450		477,626
4.50%, 08/15/28 (Call 05/15/28)		702		799,979
First American Financial Corp.
2.40%, 08/15/31 (Call 05/15/31)		520		505,975

Security	Par (000)		Value
Insurance (continued)
4.00%, 05/15/30 (Call 02/15/30)	$	540	$	595,727
4.60%, 11/15/24		280		305,628
Five Corners Funding Trust II, 2.85%, 05/15/30 (Call 02/15/30)(b)		1,235		1,279,044
GA Global Funding Trust
0.80%, 09/13/24(b)		320		315,185
1.00%, 04/08/24(b)		835		830,789
1.63%, 01/15/26(b)		656		655,136
Global Atlantic Fin Co.
3.13%, 06/15/31 (Call 03/15/31)(a)(b)		830		832,309
4.40%, 10/15/29 (Call 07/15/29)(b)		460		502,268
Globe Life Inc.
2.15%, 08/15/30 (Call 05/15/30)		705		699,396
4.55%, 09/15/28 (Call 06/15/28)		825		939,979
Great-West Lifeco Finance 2018 LP
4.05%, 05/17/28 (Call 02/17/28)(a)(b)		575		653,806
4.58%, 05/17/48 (Call 11/17/47)(a)(b)		369		479,836
Great-West Lifeco Finance Delaware LP, 4.15%, 06/03/47 (Call 12/03/46)(b)		290		351,669
Great-West Lifeco U.S. Finance 2020 LP, 0.90%, 08/12/25 (Call 07/12/25)(b)		785		765,149
Guardian Life Global Funding
0.88%, 12/10/25(b)		871		851,203
1.10%, 06/23/25(b)		266		264,283
1.25%, 05/13/26(b)		365		361,250
1.25%, 11/19/27(a)(b)		190		183,302
1.40%, 07/06/27(a)(b)		800		784,102
1.63%, 09/16/28(b)		240		233,391
2.90%, 05/06/24(b)		645		675,854
Guardian Life Insurance Co. of America (The)
3.70%, 01/22/70 (Call 07/22/69)(a)(b)		375		409,086
4.85%, 01/24/77(a)(b)		471		628,353
4.88%, 06/19/64(b)		375		494,156
Hanover Insurance Group Inc. (The)
2.50%, 09/01/30 (Call 06/01/30)		615		613,774
4.50%, 04/15/26 (Call 01/15/26)		176		193,869
Hartford Financial Services Group Inc. (The)
2.80%, 08/19/29 (Call 05/19/29)(a)		699		727,441
2.90%, 09/15/51 (Call 03/15/51)		285		282,957
3.60%, 08/19/49 (Call 02/19/49)(a)		570		632,258
4.30%, 04/15/43		513		616,654
4.40%, 03/15/48 (Call 09/15/47)(a)		241		302,596
5.95%, 10/15/36(a)		313		428,433
6.10%, 10/01/41		426		609,514
6.63%, 03/30/40		237		349,505
Hill City Funding Trust, 4.05%, 08/15/41 (Call 02/15/41)(b)		300		291,705
Horace Mann Educators Corp., 4.50%, 12/01/25 (Call 09/01/25)		5		5,441
Jackson Financial Inc., 4.00%, 11/23/51 (Call 05/23/51)(b)		55		54,996
Jackson National Life Global Funding
2.65%, 06/21/24(b)		331		342,874
3.05%, 04/29/26(b)		495		522,719
3.05%, 06/21/29(b)		155		163,117
3.25%, 01/30/24(b)		769		804,705
3.88%, 06/11/25(a)(b)		692		748,765
John Hancock Life Insurance Co., 7.38%, 02/15/24(b)		310		351,442
Kemper Corp., 2.40%, 09/30/30 (Call 06/30/30)(a)		330		327,705
Liberty Mutual Group Inc.
3.95%, 10/15/50 (Call 04/15/50)(a)(b)		1,371		1,564,499
3.95%, 05/15/60 (Call 11/15/59)(b)		1,078		1,232,606

 51

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Insurance (continued)
4.25%, 06/15/23(b)	$	378	$	396,567
4.57%, 02/01/29(a)(b)		1,069		1,241,412
6.50%, 03/15/35(b)		35		49,052
Lincoln National Corp.
3.05%, 01/15/30 (Call 10/15/29)		608		644,214
3.35%, 03/09/25		365		387,777
3.40%, 01/15/31 (Call 10/15/30)(a)		480		518,736
3.63%, 12/12/26 (Call 09/15/26)		510		553,341
3.80%, 03/01/28 (Call 12/01/27)		361		398,822
4.00%, 09/01/23		474		499,016
4.35%, 03/01/48 (Call 09/01/47)		400		488,795
4.38%, 06/15/50 (Call 12/15/49)(a)		180		222,612
6.30%, 10/09/37		369		521,737
7.00%, 06/15/40		614		944,029
Loews Corp.
2.63%, 05/15/23 (Call 02/15/23)		250		255,942
3.20%, 05/15/30 (Call 02/15/30)		815		873,078
3.75%, 04/01/26 (Call 01/01/26)		501		544,866
4.13%, 05/15/43 (Call 11/15/42)		656		771,888
6.00%, 02/01/35		75		101,187
Manulife Financial Corp.
2.48%, 05/19/27 (Call 03/19/27)		280		287,254
4.06%, 02/24/32 (Call 02/24/27)(c)		550		595,849
4.15%, 03/04/26		534		589,325
5.38%, 03/04/46(a)		675		973,653
Maple Grove Funding Trust I, 4.16%, 08/15/51 (Call 02/15/51)(b)		240		254,230
Markel Corp.
3.35%, 09/17/29 (Call 06/17/29)		659		713,505
3.45%, 05/07/52 (Call 11/07/51)		345		366,659
3.50%, 11/01/27 (Call 08/01/27)		250		270,401
4.15%, 09/17/50 (Call 03/17/50)		491		579,984
4.30%, 11/01/47 (Call 05/01/47)(a)		411		491,852
5.00%, 03/30/43		70		86,039
5.00%, 04/05/46		493		647,665
5.00%, 05/20/49 (Call 11/20/48)		480		636,616
Marsh & McLennan Companies Inc.
2.25%, 11/15/30 (Call 08/15/30)		605		600,222
3.30%, 03/14/23 (Call 01/14/23)		216		223,070
3.50%, 06/03/24 (Call 03/03/24)		788		831,888
3.50%, 03/10/25 (Call 12/10/24)		507		538,945
3.75%, 03/14/26 (Call 12/14/25)		701		761,498
3.88%, 03/15/24 (Call 02/15/24)		787		835,676
4.05%, 10/15/23 (Call 07/15/23)		336		353,312
4.20%, 03/01/48 (Call 09/01/47)		556		690,322
4.35%, 01/30/47 (Call 07/30/46)		539		689,935
4.38%, 03/15/29 (Call 12/15/28)		1,082		1,233,338
4.75%, 03/15/39 (Call 09/15/38)		477		606,338
4.90%, 03/15/49 (Call 09/15/48)		966		1,328,290
5.88%, 08/01/33(a)		360		484,958
Massachusetts Mutual Life Insurance Co.
3.38%, 04/15/50(b)		213		228,167
3.73%, 10/15/70(a)(b)		655		745,597
4.50%, 04/15/65(b)		25		31,184
4.90%, 04/01/77(a)(b)		563		752,481
5.08%, 02/15/69 (Call 02/15/49)(a)(b)(c)		595		759,435
5.38%, 12/01/41(a)(b)		570		760,497
MassMutual Global Funding II
0.48%, 08/28/23(a)(b)		227		226,453
0.60%, 04/12/24(b)		606		601,512

Security	Par (000)		Value
Insurance (continued)
0.85%, 06/09/23(a)(b)	$	50	$	50,129
1.20%, 07/16/26(a)(b)		400		392,325
1.55%, 10/09/30(a)(b)		775		747,444
2.15%, 03/09/31(a)(b)		755		761,914
2.35%, 01/14/27(a)(b)		855		878,416
2.75%, 06/22/24(b)		397		414,659
2.95%, 01/11/25(a)(b)		385		405,395
3.40%, 03/08/26(b)		910		980,187
Meiji Yasuda Life Insurance Co.
5.10%, 04/26/48 (Call 04/26/28)(b)(c)		200		226,290
5.20%, 10/20/45 (Call 10/20/25)(a)(b)(c)		565		622,182
Mercury General Corp., 4.40%, 03/15/27 (Call 12/15/26)		575		636,632
Met Tower Global Funding
0.70%, 04/05/24(b)		620		615,794
1.25%, 09/14/26(b)		540		530,351
MetLife Capital Trust IV, 7.88%, 12/15/67 (Call 12/15/32)(b)		464		631,040
MetLife Inc.
3.00%, 03/01/25		558		590,429
3.60%, 04/10/24(a)		925		979,951
3.60%, 11/13/25 (Call 08/13/25)		415		449,185
4.05%, 03/01/45		807		968,042
4.13%, 08/13/42		750		888,765
4.55%, 03/23/30 (Call 12/23/29)		590		696,960
4.60%, 05/13/46 (Call 11/13/45)		813		1,052,624
4.72%, 12/15/44		597		768,642
4.88%, 11/13/43		244		321,451
5.70%, 06/15/35		970		1,306,504
5.88%, 02/06/41		893		1,281,021
6.38%, 06/15/34		868		1,224,445
6.40%, 12/15/66 (Call 12/15/31)		1,403		1,740,055
6.50%, 12/15/32(a)		826		1,158,204
9.25%, 04/08/68 (Call 04/08/33)(a)(b)		25		37,003
10.75%, 08/01/69 (Call 08/01/34)		415		706,917
Series D, 4.37%, 09/15/23		907		963,658
Metropolitan Life Global Funding I
0.40%, 01/07/24(a)(b)		355		351,059
0.45%, 09/01/23(b)		295		293,436
0.55%, 06/07/24(b)		350		345,518
0.70%, 09/27/24(b)		285		281,338
0.90%, 06/08/23(b)		780		782,778
0.95%, 07/02/25(a)(b)		840		830,272
1.55%, 01/07/31(b)		525		498,637
1.95%, 01/13/23(b)		331		335,922
2.95%, 04/09/30(b)		625		662,861
3.00%, 01/10/23(a)(b)		825		846,343
3.00%, 09/19/27(b)		429		456,109
3.05%, 06/17/29(b)		644		692,732
3.45%, 12/18/26(a)(b)		1,094		1,183,562
3.60%, 01/11/24(b)		355		374,979
Metropolitan Life Insurance Co., 7.80%, 11/01/25(b)		370		452,590
Munich Re America Corp., Series B, 7.45%, 12/15/26		50		63,559
Nationwide Financial Services Inc.
3.90%, 11/30/49 (Call 05/30/49)(a)(b)		630		747,826
5.30%, 11/18/44(b)		615		788,735
6.75%, 05/15/87		35		42,788
Nationwide Mutual Insurance Co.
4.35%, 04/30/50 (Call 10/30/49)(a)(b)		1,444		1,677,236
7.88%, 04/01/33(b)		373		528,964
9.38%, 08/15/39(a)(b)		125		220,348

52

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Insurance (continued)
New York Life Global Funding
0.40%, 10/21/23(b)	$	375	$	372,887
0.55%, 04/26/24(b)		695		687,759
0.85%, 01/15/26(b)		50		48,954
0.90%, 10/29/24(b)		250		248,873
0.95%, 06/24/25(b)		230		227,863
1.10%, 05/05/23(b)		575		579,207
1.15%, 06/09/26(b)		1,245		1,231,624
1.20%, 08/07/30(a)(b)		345		323,445
1.85%, 08/01/31(a)(b)		1,050		1,026,883
2.00%, 01/22/25(b)		854		874,444
2.88%, 04/10/24(a)(b)		931		972,630
2.90%, 01/17/24(b)		275		285,847
3.00%, 01/10/28(b)		850		913,914
New York Life Insurance Co.
3.75%, 05/15/50 (Call 11/15/49)(a)(b)		746		858,984
4.45%, 05/15/69 (Call 11/15/68)(b)		950		1,244,745
5.88%, 05/15/33(a)(b)		175		231,961
6.75%, 11/15/39(b)		656		994,888
Nippon Life Insurance Co.
2.75%, 01/21/51 (Call 01/21/31)(b)(c)		795		770,156
2.90%, 09/16/51 (Call 09/16/31)(a)(b)(c)		1,000		976,250
3.40%, 01/23/50 (Call 01/23/30)(a)(b)(c)		1,052		1,075,670
4.00%, 09/19/47 (Call 09/19/27)(b)(c)		500		531,250
4.70%, 01/20/46 (Call 01/20/26)(a)(b)(c)		290		314,435
5.10%, 10/16/44 (Call 10/16/24)(b)(c)		1,975		2,128,062
Northwestern Mutual Global Funding
0.60%, 03/25/24(b)		225		223,162
0.80%, 01/14/26(b)		445		434,403
1.70%, 06/01/28(a)(b)		255		253,419
Northwestern Mutual Life Insurance Co. (The)
3.45%, 03/30/51 (Call 09/30/50)(a)(b)		10		11,080
3.63%, 09/30/59 (Call 03/30/59)(b)		1,299		1,461,807
3.85%, 09/30/47 (Call 03/30/47)(b)		586		682,303
6.06%, 03/30/40(b)		290		415,632
Ohio National Financial Services Inc.
5.80%, 01/24/30 (Call 10/24/29)(a)(b)		185		212,436
6.63%, 05/01/31(b)		505		602,789
Ohio National Life Insurance Co. (The), 6.88%, 06/15/42(a)(b)		290		385,461
Old Republic International Corp.
3.85%, 06/11/51 (Call 12/11/50)		585		647,540
3.88%, 08/26/26 (Call 07/26/26)		536		586,001
4.88%, 10/01/24 (Call 09/01/24)		475		520,236
OneAmerica Financial Partners Inc., 4.25%, 10/15/50 (Call 04/15/50)(a)(b)		115		128,621
Pacific Life Global Funding II
0.50%, 09/23/23(b)		700		696,820
1.20%, 06/24/25(b)		1,062		1,055,847
1.38%, 04/14/26(a)(b)		775		775,243
1.45%, 01/20/28(b)		625		609,215
1.60%, 09/21/28(b)		675		656,386
Pacific Life Insurance Co.
4.30%, 10/24/67 (Call 10/24/47)(b)(c)		835		991,448
9.25%, 06/15/39(b)		35		61,524
Pacific LifeCorp., 3.35%, 09/15/50 (Call 03/15/50)(a)(b)		580		630,829
PartnerRe Finance B LLC
3.70%, 07/02/29 (Call 04/02/29)		350		382,859
4.50%, 10/01/50 (Call 04/01/30)(c)		410		441,818

Security	Par (000)		Value
Insurance (continued)
Penn Mutual Life Insurance Co. (The), 3.80%, 04/29/61(a)(b)	$	361	$	395,439
Pricoa Global Funding I
0.80%, 09/01/25(b)		657		645,127
1.20%, 09/01/26(a)(b)		1,150		1,130,820
2.40%, 09/23/24(b)		960		995,733
3.45%, 09/01/23(a)(b)		420		435,696
Primerica Inc., 2.80%, 11/19/31 (Call 08/19/31)		140		141,590
Principal Financial Group Inc.
2.13%, 06/15/30 (Call 03/15/30)		558		555,007
3.10%, 11/15/26 (Call 08/15/26)		355		377,774
3.13%, 05/15/23		442		457,786
3.40%, 05/15/25 (Call 02/15/25)		119		126,590
3.70%, 05/15/29 (Call 02/15/29)(a)		483		535,744
4.30%, 11/15/46 (Call 05/15/46)		295		371,857
4.35%, 05/15/43		215		262,837
4.63%, 09/15/42		385		484,684
6.05%, 10/15/36(a)		370		519,366
Principal Life Global Funding II
0.50%, 01/08/24(b)		752		744,429
0.75%, 04/12/24(b)		245		242,938
0.75%, 08/23/24(b)		90		88,985
0.88%, 01/12/26(b)		345		334,907
1.25%, 05/11/23(a)(b)		95		95,830
1.25%, 06/23/25(b)		671		665,626
1.25%, 08/16/26(b)		825		813,059
1.50%, 11/17/26(b)		600		592,225
1.50%, 08/27/30(a)(b)		400		379,063
1.63%, 11/19/30(b)		150		143,470
2.25%, 11/21/24(b)		386		396,513
2.50%, 09/16/29(a)(b)		617		645,003
3.00%, 04/18/26(b)		640		676,648
Progressive Corp. (The)
2.45%, 01/15/27		670		699,332
3.20%, 03/26/30 (Call 12/26/29)(a)		840		911,868
3.70%, 01/26/45		127		148,938
3.95%, 03/26/50 (Call 09/26/49)		522		638,131
4.00%, 03/01/29 (Call 12/01/28)		526		599,029
4.13%, 04/15/47 (Call 10/15/46)		915		1,126,929
4.20%, 03/15/48 (Call 09/15/47)		685		857,586
4.35%, 04/25/44		160		201,630
6.25%, 12/01/32		245		337,685
6.63%, 03/01/29		40		52,126
Protective Life Corp.
3.40%, 01/15/30 (Call 10/15/29)(b)		451		481,448
4.30%, 09/30/28 (Call 06/30/28)(a)(b)		359		411,211
Protective Life Global Funding
0.47%, 01/12/24(b)		210		207,308
0.50%, 04/12/23(b)		310		308,962
0.63%, 10/13/23(a)(b)		405		403,779
0.78%, 07/05/24(a)(b)		950		939,727
1.17%, 07/15/25(b)		470		465,241
1.30%, 09/20/26(b)		385		377,019
1.62%, 04/15/26(b)		695		693,758
1.74%, 09/21/30(a)(b)		590		572,807
1.90%, 07/06/28(b)		675		668,717
3.10%, 04/15/24(b)		470		491,048
Prudential Financial Inc.
1.50%, 03/10/26 (Call 02/10/26)(a)		425		426,192
2.10%, 03/10/30 (Call 12/10/29)(a)		240		242,597

 53

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Insurance (continued)
3.00%, 03/10/40 (Call 09/10/39)	$	525	$	542,535
3.70%, 10/01/50 (Call 07/01/30)(c)		210		214,788
3.70%, 03/13/51 (Call 09/13/50)		1,228		1,414,159
3.88%, 03/27/28 (Call 12/27/27)		295		329,820
3.91%, 12/07/47 (Call 06/07/47)		787		929,442
3.94%, 12/07/49 (Call 06/07/49)		1,047		1,252,469
4.35%, 02/25/50 (Call 08/25/49)		641		822,873
4.42%, 03/27/48 (Call 09/27/47)(a)		604		767,046
4.50%, 09/15/47 (Call 09/15/27), (3 mo. LIBOR US + 2.380%)(a)(c)		592		619,862
4.60%, 05/15/44		310		388,015
5.20%, 03/15/44 (Call 03/15/24), (3 mo. LIBOR US + 3.040%)(c)		453		469,676
5.38%, 05/15/45 (Call 05/15/25), (3 mo. LIBOR US + 3.031%)(c)		218		233,343
5.63%, 06/15/43 (Call 06/15/23), (3 mo. LIBOR US + 3.920%)(c)		1,107		1,150,503
5.70%, 12/14/36		828		1,123,516
5.70%, 09/15/48 (Call 09/15/28), (3 mo. LIBOR US + 2.665%)(a)(c)		711		808,219
5.75%, 07/15/33(a)		56		73,704
6.63%, 12/01/37		135		198,775
6.63%, 06/21/40		305		462,200
Prudential PLC, 3.13%, 04/14/30		839		900,477
Reinsurance Group of America Inc.
3.15%, 06/15/30 (Call 03/15/30)		541		572,441
3.90%, 05/15/29 (Call 02/15/29)		633		704,080
3.95%, 09/15/26 (Call 06/15/26)		830		910,046
4.70%, 09/15/23		33		35,152
Reliance Standard Life Global Funding II
1.51%, 09/28/26(b)		500		492,347
2.50%, 10/30/24(b)		665		684,857
2.75%, 05/07/25(a)(b)		30		31,239
2.75%, 01/21/27(a)(b)		780		813,276
3.85%, 09/19/23(b)		50		52,544
RenaissanceRe Finance Inc.
3.45%, 07/01/27 (Call 04/01/27)(a)		344		372,199
3.70%, 04/01/25 (Call 01/01/25)(a)		26		27,889
RenaissanceRe Holdings Ltd., 3.60%, 04/15/29 (Call 01/15/29)		115		125,849
RGA Global Funding, 2.00%, 11/30/26(b)		500		502,782
Sammons Financial Group Inc.
3.35%, 04/16/31 (Call 01/16/31)(a)(b)		305		315,679
4.45%, 05/12/27 (Call 02/12/27)(a)(b)		285		315,097
SBL Holdings Inc.
5.00%, 02/18/31 (Call 11/18/30)(b)		315		330,538
5.13%, 11/13/26 (Call 09/13/26)(a)(b)		478		523,769
Securian Financial Group Inc., 4.80%, 04/15/48(a)(b)		440		552,068
Selective Insurance Group Inc., 5.38%, 03/01/49 (Call 09/01/48)		50		68,091
Sirius International Group Ltd., 4.60%, 11/01/26 (Call 08/01/26)(b)		175		180,709
Sompo International Holdings Ltd., 7.00%, 07/15/34(a)		290		396,946
Sompo Japan Insurance Inc., 5.33%, 03/28/73 (Call 03/28/23)(a)(b)(c)		190		199,500
Sumitomo Life Insurance Co.
3.38%, 04/15/81 (Call 04/15/31)(a)(b)(c)		850		870,494
6.50%, 09/20/73 (Call 09/20/23)(b)(c)		390		425,100
Swiss Re Finance Luxembourg SA, 5.00%, 04/02/49 (Call 04/02/29)(b)(c)		769		857,435

Security	Par (000)		Value
Insurance (continued)
Swiss Re Treasury U.S. Corp., 4.25%, 12/06/42(a)(b)	$	588	$	729,352
Teachers Insurance & Annuity Association of America
3.30%, 05/15/50 (Call 11/15/49)(b)		935		984,614
4.27%, 05/15/47 (Call 11/15/46)(b)		1,526		1,882,211
4.38%, 09/15/54 (Call 09/15/24)(a)(b)(c)		105		109,693
4.90%, 09/15/44(b)		937		1,232,938
6.85%, 12/16/39(b)		996		1,495,306
Transatlantic Holdings Inc., 8.00%, 11/30/39(a)		745		1,185,025
Travelers Companies Inc. (The)
2.55%, 04/27/50 (Call 10/27/49)(a)		550		535,179
3.05%, 06/08/51 (Call 12/08/50)(a)		275		291,349
3.75%, 05/15/46 (Call 11/15/45)(a)		535		638,119
4.00%, 05/30/47 (Call 11/30/46)		391		475,950
4.05%, 03/07/48 (Call 09/07/47)		233		288,517
4.10%, 03/04/49 (Call 09/04/48)		582		737,051
4.30%, 08/25/45 (Call 02/25/45)		163		206,729
4.60%, 08/01/43		490		634,991
5.35%, 11/01/40(a)		644		891,467
6.25%, 06/15/37		525		762,135
6.75%, 06/20/36		645		967,833
Travelers Property Casualty Corp., 6.38%, 03/15/33		459		646,522
Trinity Acquisition PLC
4.40%, 03/15/26 (Call 12/15/25)		105		115,189
6.13%, 08/15/43(a)		387		540,565
Unum Group
3.88%, 11/05/25		20		21,336
4.00%, 03/15/24		595		629,892
4.00%, 06/15/29 (Call 03/15/29)		61		67,545
4.13%, 06/15/51 (Call 12/15/50)		250		254,977
4.50%, 12/15/49 (Call 06/15/49)		240		259,338
5.75%, 08/15/42		241		304,123
Voya Financial Inc.
3.65%, 06/15/26		478		519,727
4.70%, 01/23/48 (Call 01/23/28), (3 mo. LIBOR US + 2.084%)(a)(c)		310		321,596
4.80%, 06/15/46		608		787,215
5.65%, 05/15/53 (Call 05/15/23), (3 mo. LIBOR US + 3.580%)(c)		605		630,204
5.70%, 07/15/43		279		386,590
W R Berkley Corp.
3.15%, 09/30/61 (Call 03/30/61)		405		397,751
3.55%, 03/30/52 (Call 09/30/51)		482		532,618
Western & Southern Financial Group Inc., 5.75%, 07/15/33(a)(b)		250		326,033
Western & Southern Life Insurance Co. (The)
3.75%, 04/28/61 (Call 10/28/60)(a)(b)		665		755,497
5.15%, 01/15/49 (Call 07/15/48)(a)(b)		100		137,325
Willis North America Inc.
2.95%, 09/15/29 (Call 06/15/29)		700		725,796
3.60%, 05/15/24 (Call 03/15/24)		345		363,531
3.88%, 09/15/49 (Call 03/15/49)		535		585,343
4.50%, 09/15/28 (Call 06/15/28)		717		811,260
5.05%, 09/15/48 (Call 03/15/48)		150		197,632
Wilton Re Finance LLC, 5.88%, 03/30/33 (Call 03/30/23)(b)(c)		200		206,432
WR Berkley Corp.
4.00%, 05/12/50 (Call 11/12/49)		470		550,518
4.75%, 08/01/44(a)		475		603,738
XLIT Ltd.
4.45%, 03/31/25		754		820,667

54

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Insurance (continued)
5.25%, 12/15/43	$	385	$	540,745
5.50%, 03/31/45		320		450,364
				314,731,716
Internet — 1.6%
Alibaba Group Holding Ltd.
2.13%, 02/09/31 (Call 11/09/30)(a)		200		194,346
2.70%, 02/09/41 (Call 08/09/40)		375		348,643
2.80%, 06/06/23 (Call 05/06/23)		530		544,159
3.15%, 02/09/51 (Call 08/09/50)(a)		425		407,649
3.25%, 02/09/61 (Call 08/09/60)		735		707,449
3.40%, 12/06/27 (Call 09/06/27)		2,012		2,142,919
3.60%, 11/28/24 (Call 08/28/24)		1,953		2,069,117
4.00%, 12/06/37 (Call 06/06/37)(a)		2,212		2,411,603
4.20%, 12/06/47 (Call 06/06/47)(a)		950		1,073,536
4.40%, 12/06/57 (Call 06/06/57)		830		969,928
4.50%, 11/28/34 (Call 05/28/34)		795		913,368
Alphabet Inc.
0.45%, 08/15/25 (Call 07/15/25)		641		625,895
0.80%, 08/15/27 (Call 06/15/27)(a)		1,300		1,248,236
1.10%, 08/15/30 (Call 05/15/30)		2,156		2,025,868
1.90%, 08/15/40 (Call 02/15/40)		1,345		1,231,667
2.00%, 08/15/26 (Call 05/15/26)(a)		1,654		1,702,823
2.05%, 08/15/50 (Call 02/15/50)(a)		1,650		1,492,095
2.25%, 08/15/60 (Call 02/15/60)		1,397		1,270,229
3.38%, 02/25/24		1,101		1,162,086
Amazon.com Inc.
0.40%, 06/03/23		714		711,780
0.45%, 05/12/24		1,247		1,232,352
0.80%, 06/03/25 (Call 05/03/25)		1,420		1,398,845
1.00%, 05/12/26 (Call 04/12/26)(a)		1,010		998,022
1.20%, 06/03/27 (Call 04/03/27)		1,525		1,494,142
1.50%, 06/03/30 (Call 03/03/30)		1,720		1,654,240
1.65%, 05/12/28 (Call 03/12/28)		1,840		1,831,303
2.10%, 05/12/31 (Call 02/12/31)		1,230		1,235,823
2.40%, 02/22/23 (Call 01/22/23)		878		896,354
2.50%, 06/03/50 (Call 12/03/49)		2,580		2,468,947
2.70%, 06/03/60 (Call 12/03/59)		1,604		1,562,525
2.80%, 08/22/24 (Call 06/22/24)		1,622		1,695,079
2.88%, 05/12/41 (Call 11/12/40)		1,390		1,443,485
3.10%, 05/12/51 (Call 11/12/50)		1,310		1,415,786
3.15%, 08/22/27 (Call 05/22/27)		2,392		2,575,005
3.25%, 05/12/61 (Call 11/12/60)		1,470		1,622,850
3.80%, 12/05/24 (Call 09/05/24)		1,198		1,288,290
3.88%, 08/22/37 (Call 02/22/37)		2,108		2,478,884
4.05%, 08/22/47 (Call 02/22/47)		2,376		2,922,814
4.25%, 08/22/57 (Call 02/22/57)		1,783		2,322,478
4.80%, 12/05/34 (Call 06/05/34)		1,233		1,573,928
4.95%, 12/05/44 (Call 06/05/44)		1,568		2,153,506
5.20%, 12/03/25 (Call 09/03/25)		1,467		1,677,884
Baidu Inc.
1.63%, 02/23/27 (Call 01/23/27)		200		195,601
3.08%, 04/07/25 (Call 03/07/25)(a)		200		208,343
3.43%, 04/07/30 (Call 01/07/30)		50		52,558
3.63%, 07/06/27(a)		415		447,948
3.88%, 09/29/23 (Call 08/29/23)		360		377,240
4.38%, 03/29/28 (Call 12/29/27)		359		398,634
4.88%, 11/14/28 (Call 08/14/28)(a)		625		719,373
Booking Holdings Inc.
2.75%, 03/15/23 (Call 02/15/23)		391		400,661
3.55%, 03/15/28 (Call 12/15/27)(a)		714		787,616

Security	Par (000)		Value
Internet (continued)
3.60%, 06/01/26 (Call 03/01/26)	$	1,163	$	1,256,726
3.65%, 03/15/25 (Call 12/15/24)(a)		530		565,305
4.63%, 04/13/30 (Call 01/13/30)		956		1,118,817
E*TRADE Financial Corp.
3.80%, 08/24/27 (Call 05/24/27)		581		634,492
4.50%, 06/20/28 (Call 03/20/28)		550		623,613
eBay Inc.
1.40%, 05/10/26 (Call 04/10/26)		1,407		1,387,961
1.90%, 03/11/25 (Call 02/11/25)		349		353,455
2.60%, 05/10/31 (Call 02/10/31)(a)		690		698,910
2.70%, 03/11/30 (Call 12/11/29)		1,012		1,037,106
2.75%, 01/30/23 (Call 12/30/22)		260		265,959
3.45%, 08/01/24 (Call 05/01/24)		1,118		1,177,716
3.60%, 06/05/27 (Call 03/05/27)		577		625,069
3.65%, 05/10/51 (Call 11/10/50)		680		747,248
4.00%, 07/15/42 (Call 01/15/42)(a)		696		795,657
Expedia Group Inc.
2.95%, 03/15/31 (Call 12/15/30)(a)		779		786,965
3.25%, 02/15/30 (Call 11/15/29)		1,306		1,345,736
3.60%, 12/15/23 (Call 11/15/23)		746		777,804
3.80%, 02/15/28 (Call 11/15/27)		432		460,773
4.50%, 08/15/24 (Call 05/15/24)(a)		594		636,327
4.63%, 08/01/27 (Call 05/01/27)		750		837,764
5.00%, 02/15/26 (Call 11/15/25)		917		1,026,140
6.25%, 05/01/25 (Call 02/01/25)(b)		939		1,065,915
JD.com Inc.
3.38%, 01/14/30 (Call 10/14/29)		214		224,295
3.88%, 04/29/26(a)		225		241,668
Meituan
2.13%, 10/28/25 (Call 09/28/25)(b)		200		192,106
3.05%, 10/28/30 (Call 07/28/30)(a)(b)		800		745,368
Netflix Inc.
3.63%, 06/15/25 (Call 03/15/25)(b)		760		801,800
4.38%, 11/15/26(a)		1,100		1,212,750
4.88%, 04/15/28		500		565,625
4.88%, 06/15/30 (Call 03/15/30)(a)(b)		300		347,400
5.38%, 11/15/29(b)		300		354,876
5.88%, 02/15/25(a)		1,000		1,124,690
5.88%, 11/15/28		500		598,440
6.38%, 05/15/29		415		514,992
Prosus NV
3.06%, 07/13/31 (Call 04/13/31)(a)(b)		1,250		1,208,106
3.68%, 01/21/30 (Call 10/21/29)(a)(b)		886		902,830
3.83%, 02/08/51 (Call 08/08/50)(b)		1,140		1,031,835
4.03%, 08/03/50 (Call 02/03/50)(b)		515		481,077
Tencent Holdings Ltd.
1.81%, 01/26/26 (Call 12/26/25)(a)(b)		200		200,270
2.39%, 06/03/30 (Call 03/03/30)(b)		1,365		1,335,784
2.88%, 04/22/31 (Call 01/22/31)(a)(b)		1,375		1,397,069
3.24%, 06/03/50 (Call 12/03/49)(b)		1,545		1,501,496
3.28%, 04/11/24 (Call 03/11/24)(b)		790		824,955
3.29%, 06/03/60 (Call 12/03/59)(a)(b)		550		526,906
3.58%, 04/11/26 (Call 02/11/26)(b)		568		605,971
3.60%, 01/19/28 (Call 10/19/27)(a)(b)		1,495		1,596,750
3.68%, 04/22/41 (Call 10/22/40)(b)		5		5,214
3.80%, 02/11/25(b)		55		58,594
3.84%, 04/22/51 (Call 10/22/50)(a)(b)		1,085		1,172,906
3.93%, 01/19/38 (Call 07/19/37)(b)		209		226,353
3.94%, 04/22/61 (Call 10/22/60)(b)		1,010		1,093,822
3.98%, 04/11/29 (Call 01/11/29)(a)(b)		1,930		2,106,042

 55

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Internet (continued)
4.53%, 04/11/49 (Call 10/11/48)(a)(b)	$	520	$	616,064
Tencent Music Entertainment Group, 2.00%, 09/03/30 (Call 06/03/30)(a)		835		784,123
VeriSign Inc.
2.70%, 06/15/31 (Call 03/15/31)		815		822,351
4.75%, 07/15/27 (Call 07/15/22)		660		685,648
5.25%, 04/01/25 (Call 01/01/25)		650		718,919
Weibo Corp.
3.38%, 07/08/30 (Call 04/08/30)(a)		135		133,967
3.50%, 07/05/24 (Call 06/05/24)		400		412,116
				110,382,548
Iron & Steel — 0.3%
ArcelorMittal SA
3.60%, 07/16/24		35		36,670
4.25%, 07/16/29(a)		637		694,520
4.55%, 03/11/26		470		513,176
6.75%, 03/01/41		545		738,753
7.00%, 10/15/39		635		866,310
Gerdau Trade Inc., 4.88%, 10/24/27(b)		100		107,601
GUSAP III LP, 4.25%, 01/21/30 (Call 07/21/29)(a)(b)		585		609,336
Nucor Corp.
2.00%, 06/01/25 (Call 05/01/25)		765		777,353
2.70%, 06/01/30 (Call 03/01/30)(a)		754		776,506
2.98%, 12/15/55 (Call 06/15/55)		822		827,619
3.95%, 05/01/28 (Call 02/01/28)		365		406,977
4.00%, 08/01/23 (Call 05/01/23)		390		407,733
4.40%, 05/01/48 (Call 11/01/47)(a)		290		368,173
5.20%, 08/01/43 (Call 02/01/43)		25		33,637
POSCO
2.38%, 01/17/23(b)		200		203,006
2.75%, 07/15/24(b)		295		305,953
4.00%, 08/01/23(b)		225		235,714
Reliance Steel & Aluminum Co.
1.30%, 08/15/25 (Call 07/15/25)		235		232,863
2.15%, 08/15/30 (Call 05/15/30)		305		298,826
4.50%, 04/15/23 (Call 01/15/23)		383		398,038
Steel Dynamics Inc.
1.65%, 10/15/27 (Call 08/15/27)		177		172,246
2.40%, 06/15/25 (Call 05/15/25)		150		153,970
2.80%, 12/15/24 (Call 11/15/24)		466		484,262
3.25%, 01/15/31 (Call 10/15/30)		460		483,647
3.25%, 10/15/50 (Call 04/15/50)		586		596,927
3.45%, 04/15/30 (Call 01/15/30)		820		873,860
5.00%, 12/15/26 (Call 12/31/21)		715		730,305
Vale Overseas Ltd.
3.75%, 07/08/30 (Call 04/08/30)(a)		1,378		1,384,890
6.25%, 08/10/26		1,666		1,896,241
6.88%, 11/21/36		1,600		2,072,800
6.88%, 11/10/39(a)		852		1,120,380
Vale SA, 5.63%, 09/11/42(a)		285		331,669
				19,139,961
Leisure Time — 0.0%
Brunswick Corp.
0.85%, 08/18/24 (Call 08/18/22)(a)		630		621,768
2.40%, 08/18/31 (Call 05/18/31)		245		235,216
Harley-Davidson Inc.
3.50%, 07/28/25 (Call 04/28/25)		79		83,664
4.63%, 07/28/45 (Call 01/28/45)		468		527,683
				1,468,331

Security	Par (000)		Value
Lodging — 0.2%
Choice Hotels International Inc.
3.70%, 12/01/29 (Call 09/01/29)	$	306	$	324,265
3.70%, 01/15/31 (Call 10/15/30)		532		559,430
Hyatt Hotels Corp.
3.38%, 07/15/23 (Call 04/15/23)(a)		354		364,082
4.38%, 09/15/28 (Call 06/15/28)		391		423,276
4.85%, 03/15/26 (Call 12/15/25)		457		498,923
5.38%, 04/23/25 (Call 03/23/25)(a)		242		268,903
5.75%, 04/23/30 (Call 01/23/30)(a)		590		708,861
Las Vegas Sands Corp.
2.90%, 06/25/25 (Call 05/25/25)		620		625,837
3.20%, 08/08/24 (Call 07/08/24)		1,386		1,413,083
3.50%, 08/18/26 (Call 06/18/26)		723		737,206
3.90%, 08/08/29 (Call 05/08/29)(a)		580		585,986
Marriott International Inc./MD
3.13%, 02/15/23 (Call 11/15/22)		80		81,565
3.60%, 04/15/24 (Call 03/15/24)		235		246,876
3.75%, 03/15/25 (Call 12/15/24)		485		514,309
3.75%, 10/01/25 (Call 07/01/25)		430		457,439
4.50%, 10/01/34 (Call 04/01/34)(a)		513		587,206
Series AA, 4.65%, 12/01/28 (Call 09/01/28)		325		366,357
Series EE, 5.75%, 05/01/25 (Call 04/01/25)		443		499,975
Series FF, 4.63%, 06/15/30 (Call 03/15/30)		1,112		1,251,559
Series GG, 3.50%, 10/15/32 (Call 07/15/32)		905		952,029
Series HH, 2.85%, 04/15/31 (Call 01/15/31)		602		604,624
Series II, 2.75%, 10/15/33 (Call 07/15/33)		300		291,409
Series R, 3.13%, 06/15/26 (Call 03/15/26)		629		660,837
Series X, 4.00%, 04/15/28 (Call 01/15/28)		643		700,155
Series Z, 4.15%, 12/01/23 (Call 11/01/23)		475		501,335
Sands China Ltd.
3.80%, 01/08/26 (Call 12/08/25)(a)		73		73,751
4.38%, 06/18/30 (Call 03/18/30)		215		221,592
5.13%, 08/08/25 (Call 06/08/25)		100		105,051
5.40%, 08/08/28 (Call 05/08/28)		795		853,377
				15,479,298
Machinery — 0.9%
ABB Finance USA Inc.
3.80%, 04/03/28 (Call 01/03/28)		214		240,964
4.38%, 05/08/42		90		113,911
Caterpillar Financial Services Corp.
0.45%, 09/14/23		965		961,918
0.45%, 05/17/24		365		360,225
0.60%, 09/13/24		35		34,554
0.65%, 07/07/23(a)		539		539,290
0.80%, 11/13/25(a)		1,005		986,146
0.90%, 03/02/26(a)		548		535,843
1.10%, 09/14/27(a)		745		720,043
1.15%, 09/14/26		780		767,471
1.45%, 05/15/25		482		484,302
2.15%, 11/08/24		860		883,698
2.40%, 08/09/26		215		222,365
2.63%, 03/01/23		186		190,477
2.85%, 05/17/24		799		831,566
3.25%, 12/01/24		621		658,055
3.30%, 06/09/24		153		161,518
3.45%, 05/15/23		674		700,741
3.65%, 12/07/23		927		977,261
3.75%, 11/24/23		931		983,054
Caterpillar Inc.
1.90%, 03/12/31 (Call 12/12/30)(a)		710		707,552

56

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Machinery (continued)
2.60%, 09/19/29 (Call 06/19/29)(a)	$	560	$	587,866
2.60%, 04/09/30 (Call 01/09/30)		612		641,872
3.25%, 09/19/49 (Call 03/19/49)		869		962,230
3.25%, 04/09/50 (Call 10/09/49)(a)		776		863,905
3.40%, 05/15/24 (Call 02/15/24)		438		461,051
3.80%, 08/15/42		840		990,374
4.30%, 05/15/44 (Call 11/15/43)		239		304,972
4.75%, 05/15/64 (Call 11/15/63)(a)		315		462,543
5.20%, 05/27/41		596		814,982
5.30%, 09/15/35(a)		320		424,231
6.05%, 08/15/36		65		93,442
CNH Industrial Capital LLC
1.45%, 07/15/26 (Call 06/15/26)		180		176,659
1.88%, 01/15/26 (Call 12/15/25)		578		580,914
1.95%, 07/02/23		360		365,583
4.20%, 01/15/24		233		246,935
CNH Industrial NV
3.85%, 11/15/27 (Call 08/15/27)		347		378,205
4.50%, 08/15/23		553		583,522
Crane Co.
4.20%, 03/15/48 (Call 09/15/47)		150		163,324
4.45%, 12/15/23 (Call 09/15/23)		20		21,183
Deere & Co.
2.75%, 04/15/25 (Call 03/15/25)		734		768,584
2.88%, 09/07/49 (Call 03/07/49)		689		722,460
3.10%, 04/15/30 (Call 01/15/30)		360		388,617
3.75%, 04/15/50 (Call 10/15/49)(a)		709		859,230
3.90%, 06/09/42 (Call 12/09/41)		760		915,815
5.38%, 10/16/29(a)		771		961,762
7.13%, 03/03/31(a)		173		243,196
Dover Corp.
2.95%, 11/04/29 (Call 08/04/29)(a)		738		783,270
3.15%, 11/15/25 (Call 08/15/25)		305		324,333
5.38%, 10/15/35(a)		433		545,533
5.38%, 03/01/41 (Call 12/01/40)		407		538,029
Flowserve Corp.
2.80%, 01/15/32 (Call 10/15/31)		700		689,009
3.50%, 10/01/30 (Call 07/01/30)(a)		735		764,534
IDEX Corp.
2.63%, 06/15/31 (Call 03/15/31)		160		162,970
3.00%, 05/01/30 (Call 02/01/30)		732		767,053
John Deere Capital Corp.
0.40%, 10/10/23(a)		507		504,618
0.45%, 01/17/24(a)		335		332,161
0.45%, 06/07/24		505		498,612
0.63%, 09/10/24		190		188,034
0.70%, 07/05/23		481		482,100
0.70%, 01/15/26		940		914,714
1.05%, 06/17/26(a)		773		759,786
1.20%, 04/06/23		407		410,235
1.30%, 10/13/26		365		361,050
1.45%, 01/15/31		236		223,578
1.50%, 03/06/28(a)		510		500,989
1.75%, 03/09/27		368		368,795
2.00%, 06/17/31		1,105		1,097,751
2.05%, 01/09/25		552		567,966
2.25%, 09/14/26		373		387,171
2.45%, 01/09/30		465		479,761
2.60%, 03/07/24		323		335,117
2.65%, 06/24/24		585		610,712

Security	Par (000)		Value
Machinery (continued)
2.65%, 06/10/26	$	36	$	37,804
2.70%, 01/06/23		222		227,265
2.80%, 01/27/23		635		651,341
2.80%, 03/06/23		742		762,496
2.80%, 09/08/27(a)		388		411,168
2.80%, 07/18/29		502		532,434
3.05%, 01/06/28		255		275,033
3.35%, 06/12/24		545		578,834
3.40%, 09/11/25		100		107,180
3.45%, 06/07/23		406		423,239
3.45%, 01/10/24		396		417,619
3.45%, 03/13/25		673		721,552
3.45%, 03/07/29		418		461,432
3.65%, 10/12/23		301		317,030
nVent Finance Sarl
2.75%, 11/15/31 (Call 08/15/31)		125		125,037
3.95%, 04/15/23 (Call 12/08/21)		150		156,162
4.55%, 04/15/28 (Call 01/15/28)		60		67,032
Oshkosh Corp.
3.10%, 03/01/30 (Call 12/01/29)		140		147,486
4.60%, 05/15/28 (Call 02/15/28)		340		387,501
Otis Worldwide Corp.
2.06%, 04/05/25 (Call 03/05/25)		1,364		1,388,877
2.29%, 04/05/27 (Call 02/05/27)(a)		665		674,830
2.57%, 02/15/30 (Call 11/15/29)		1,409		1,432,458
3.11%, 02/15/40 (Call 08/15/39)		556		572,241
3.36%, 02/15/50 (Call 08/15/49)		697		751,847
Rockwell Automation Inc.
0.35%, 08/15/23 (Call 08/15/22)		35		34,822
1.75%, 08/15/31 (Call 05/15/31)		310		302,692
2.80%, 08/15/61 (Call 02/15/61)		375		376,085
2.88%, 03/01/25 (Call 12/01/24)(a)		100		105,062
3.50%, 03/01/29 (Call 12/01/28)		785		870,808
4.20%, 03/01/49 (Call 09/01/48)(a)		487		619,589
6.25%, 12/01/37		262		368,390
Westinghouse Air Brake Technologies Corp.
3.20%, 06/15/25 (Call 05/15/25)		769		806,307
3.45%, 11/15/26 (Call 08/15/26)		768		814,040
4.38%, 08/15/23 (Call 05/15/23)(a)		235		245,348
4.40%, 03/15/24 (Call 02/15/24)		340		361,902
4.95%, 09/15/28 (Call 06/15/28)(a)		884		1,005,658
Xylem Inc./NY
1.95%, 01/30/28 (Call 11/30/27)		453		452,696
2.25%, 01/30/31 (Call 10/30/30)		373		374,775
3.25%, 11/01/26 (Call 08/01/26)		781		837,312
4.38%, 11/01/46 (Call 05/01/46)		290		350,125
				59,195,801
Manufacturing — 1.2%
3M Co.
1.75%, 02/14/23 (Call 01/14/23)		86		87,152
2.00%, 02/14/25 (Call 01/14/25)		766		784,868
2.25%, 03/15/23 (Call 02/15/23)		279		284,683
2.25%, 09/19/26 (Call 06/19/26)		468		484,438
2.38%, 08/26/29 (Call 05/26/29)		821		845,450
2.65%, 04/15/25 (Call 03/15/25)		606		633,617
2.88%, 10/15/27 (Call 07/15/27)		775		825,783
3.00%, 08/07/25		507		541,384
3.05%, 04/15/30 (Call 01/15/30)(a)		534		576,205
3.13%, 09/19/46 (Call 03/19/46)		325		345,239
3.25%, 02/14/24 (Call 01/14/24)		599		628,814

 57

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Manufacturing (continued)
3.25%, 08/26/49 (Call 02/26/49)(a)	$	845	$	929,918
3.38%, 03/01/29 (Call 12/01/28)		664		727,081
3.63%, 09/14/28 (Call 06/14/28)		464		519,441
3.63%, 10/15/47 (Call 04/15/47)		469		539,116
3.70%, 04/15/50 (Call 10/15/49)(a)		577		678,148
3.88%, 06/15/44		20		23,845
4.00%, 09/14/48 (Call 03/14/48)		895		1,095,433
5.70%, 03/15/37		525		739,090
Carlisle Companies Inc.
2.20%, 03/01/32 (Call 12/01/31)		310		300,031
2.75%, 03/01/30 (Call 12/01/29)		880		903,360
3.50%, 12/01/24 (Call 10/01/24)		319		337,123
3.75%, 12/01/27 (Call 09/01/27)		540		585,186
Eaton Corp.
3.10%, 09/15/27 (Call 06/15/27)		513		545,462
3.92%, 09/15/47 (Call 03/15/47)(a)		197		231,472
4.00%, 11/02/32		905		1,043,996
4.15%, 11/02/42		903		1,076,166
GE Capital Funding LLC
3.45%, 05/15/25 (Call 04/15/25)		713		760,749
4.05%, 05/15/27 (Call 03/15/27)		290		323,307
4.40%, 05/15/30 (Call 02/15/30)		2,198		2,611,580
4.55%, 05/15/32 (Call 02/15/32)		300		362,818
GE Capital International Funding Co. Unlimited Co.
3.37%, 11/15/25		1,785		1,928,250
4.42%, 11/15/35		7,232		8,740,825
General Electric Co.
3.38%, 03/11/24		516		544,325
3.45%, 05/15/24 (Call 02/13/24)		542		571,636
3.45%, 05/01/27 (Call 03/01/27)(a)		1,121		1,220,299
3.63%, 05/01/30 (Call 02/01/30)		140		157,689
4.13%, 10/09/42		460		568,186
4.25%, 05/01/40 (Call 11/01/39)		730		904,572
4.35%, 05/01/50 (Call 11/01/49)(a)		1,105		1,488,605
4.50%, 03/11/44		533		681,141
5.55%, 01/05/26		470		548,152
5.88%, 01/14/38		1,347		1,922,633
6.15%, 08/07/37		551		801,587
6.75%, 03/15/32		2,530		3,502,788
6.88%, 01/10/39		1,045		1,632,289
Illinois Tool Works Inc.
2.65%, 11/15/26 (Call 08/15/26)		1,309		1,371,587
3.50%, 03/01/24 (Call 12/01/23)		742		781,386
3.90%, 09/01/42 (Call 03/01/42)		1,300		1,535,763
4.88%, 09/15/41 (Call 03/15/41)		225		290,896
Parker-Hannifin Corp.
2.70%, 06/14/24 (Call 05/14/24)		532		552,717
3.25%, 03/01/27 (Call 12/01/26)		551		591,210
3.25%, 06/14/29 (Call 03/14/29)		846		899,807
3.30%, 11/21/24 (Call 08/21/24)		354		373,441
4.00%, 06/14/49 (Call 12/14/48)		637		751,687
4.10%, 03/01/47 (Call 09/01/46)		580		681,160
4.20%, 11/21/34 (Call 05/21/34)(a)		624		718,282
4.45%, 11/21/44 (Call 05/21/44)		587		722,169
6.25%, 05/15/38		125		172,521
Pentair Finance Sarl, 4.50%, 07/01/29 (Call 04/01/29)		375		428,550
Siemens Financieringsmaatschappij NV
0.65%, 03/11/24(b)		1,476		1,467,045
1.20%, 03/11/26(b)		2,030		1,995,208
1.70%, 03/11/28(b)		1,600		1,577,410

Security	Par (000)		Value
Manufacturing (continued)
2.00%, 09/15/23(a)(b)	$	400	$	410,381
2.15%, 03/11/31(b)		1,751		1,752,085
2.35%, 10/15/26(a)(b)		960		992,300
2.88%, 03/11/41(b)		1,550		1,588,520
3.13%, 03/16/24(b)		250		261,772
3.25%, 05/27/25(b)		1,290		1,372,443
3.30%, 09/15/46(b)		1,030		1,151,513
3.40%, 03/16/27(a)(b)		640		693,170
4.20%, 03/16/47(b)		1,332		1,691,671
4.40%, 05/27/45(b)		655		848,677
6.13%, 08/17/26(b)		830		997,574
Textron Inc.
2.45%, 03/15/31 (Call 12/15/30)(a)		452		447,456
3.00%, 06/01/30 (Call 03/01/30)(a)		670		698,536
3.38%, 03/01/28 (Call 12/01/27)		25		26,700
3.65%, 03/15/27 (Call 12/15/26)(a)		455		491,485
3.88%, 03/01/25 (Call 12/01/24)		375		400,479
3.90%, 09/17/29 (Call 06/17/29)		640		706,381
4.00%, 03/15/26 (Call 12/15/25)		666		723,838
4.30%, 03/01/24 (Call 12/01/23)		615		650,578
Trane Technologies Global Holding Co. Ltd.
3.75%, 08/21/28 (Call 05/21/28)		504		553,118
4.25%, 06/15/23		389		408,253
4.30%, 02/21/48 (Call 08/21/47)		340		409,370
5.75%, 06/15/43		344		491,978
Trane Technologies Luxembourg Finance SA
3.50%, 03/21/26 (Call 01/21/26)		376		402,707
3.55%, 11/01/24 (Call 08/01/24)(a)		315		334,846
3.80%, 03/21/29 (Call 12/21/28)		779		852,534
4.50%, 03/21/49 (Call 09/21/48)		299		373,270
4.65%, 11/01/44 (Call 05/01/44)		340		424,819
				80,651,225
Media — 2.9%
Charter Communications Operating LLC/Charter Communications Operating Capital
2.25%, 01/15/29 (Call 11/15/28)		485		470,059
2.30%, 02/01/32 (Call 11/01/31)		1,220		1,151,713
2.80%, 04/01/31 (Call 01/01/31)		1,833		1,816,758
3.50%, 06/01/41 (Call 12/01/40)		655		641,416
3.50%, 03/01/42 (Call 09/01/41)		1,034		1,000,465
3.70%, 04/01/51 (Call 10/01/50)		1,617		1,567,554
3.75%, 02/15/28 (Call 11/15/27)(a)		1,067		1,148,327
3.85%, 04/01/61 (Call 10/01/60)		1,690		1,614,551
3.90%, 06/01/52 (Call 12/01/51)		1,290		1,303,404
3.95%, 06/30/62 (Call 12/30/61)		1,000		970,750
4.20%, 03/15/28 (Call 12/15/27)		723		793,183
4.40%, 12/01/61 (Call 06/01/61)		905		943,211
4.50%, 02/01/24 (Call 01/01/24)		1,137		1,210,283
4.80%, 03/01/50 (Call 09/01/49)		2,369		2,668,430
4.91%, 07/23/25 (Call 04/23/25)		1,454		1,604,128
5.05%, 03/30/29 (Call 12/30/28)		954		1,101,161
5.13%, 07/01/49 (Call 01/01/49)		970		1,143,295
5.38%, 04/01/38 (Call 10/01/37)		605		727,147
5.38%, 05/01/47 (Call 11/01/46)(a)		1,786		2,143,349
5.75%, 04/01/48 (Call 10/01/47)		1,915		2,411,318
6.38%, 10/23/35 (Call 04/23/35)(a)		1,630		2,112,615
6.48%, 10/23/45 (Call 04/23/45)		2,740		3,744,513
6.83%, 10/23/55 (Call 04/23/55)		500		740,539
Comcast Corp.
1.50%, 02/15/31 (Call 11/15/30)		1,371		1,288,958

58

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Media (continued)
1.95%, 01/15/31 (Call 10/15/30)	$	1,027	$	1,003,540
2.35%, 01/15/27 (Call 10/15/26)		1,174		1,210,220
2.45%, 08/15/52 (Call 02/15/52)(a)		1,183		1,079,037
2.65%, 02/01/30 (Call 11/01/29)		1,884		1,949,294
2.65%, 08/15/62 (Call 02/15/62)		1,003		905,461
2.80%, 01/15/51 (Call 07/15/50)		1,188		1,147,033
2.89%, 11/01/51 (Call 05/01/51)(b)		3,775		3,690,703
2.94%, 11/01/56 (Call 05/01/56)(b)		3,797		3,690,129
2.99%, 11/01/63 (Call 05/01/63)(b)		2,841		2,745,175
3.10%, 04/01/25 (Call 12/03/21)		1,145		1,207,266
3.15%, 03/01/26 (Call 12/01/25)		1,332		1,418,085
3.15%, 02/15/28 (Call 11/15/27)		1,893		2,032,177
3.20%, 07/15/36 (Call 01/15/36)		465		497,233
3.25%, 11/01/39 (Call 05/01/39)		1,183		1,254,561
3.30%, 02/01/27 (Call 11/01/26)		607		651,347
3.30%, 04/01/27 (Call 02/01/27)		430		461,493
3.38%, 02/15/25 (Call 11/15/24)		923		978,384
3.38%, 08/15/25 (Call 05/15/25)		933		993,897
3.40%, 04/01/30 (Call 01/01/30)		1,487		1,620,996
3.40%, 07/15/46 (Call 01/15/46)		1,206		1,294,781
3.45%, 02/01/50 (Call 08/01/49)		1,428		1,539,519
3.55%, 05/01/28 (Call 02/01/28)		1,230		1,351,564
3.60%, 03/01/24		1,287		1,364,013
3.70%, 04/15/24 (Call 03/15/24)		1,783		1,889,571
3.75%, 04/01/40 (Call 10/01/39)		1,417		1,596,471
3.90%, 03/01/38 (Call 09/01/37)		697		796,712
3.95%, 10/15/25 (Call 08/15/25)		2,383		2,598,153
3.97%, 11/01/47 (Call 05/01/47)		1,659		1,924,064
4.00%, 08/15/47 (Call 02/15/47)		908		1,059,391
4.00%, 03/01/48 (Call 09/01/47)		679		791,561
4.00%, 11/01/49 (Call 05/01/49)		1,666		1,934,071
4.05%, 11/01/52 (Call 05/01/52)		636		755,929
4.15%, 10/15/28 (Call 07/15/28)		1,929		2,183,618
4.20%, 08/15/34 (Call 02/15/34)		811		951,726
4.25%, 10/15/30 (Call 07/15/30)		746		859,581
4.25%, 01/15/33		1,019		1,190,583
4.40%, 08/15/35 (Call 02/15/35)		699		833,101
4.60%, 10/15/38 (Call 04/15/38)		835		1,016,253
4.60%, 08/15/45 (Call 02/15/45)		817		1,026,326
4.65%, 07/15/42		490		611,142
4.70%, 10/15/48 (Call 04/15/48)		1,660		2,150,539
4.75%, 03/01/44		570		723,090
4.95%, 10/15/58 (Call 04/15/58)		955		1,346,358
5.65%, 06/15/35		905		1,201,128
6.50%, 11/15/35		759		1,088,609
6.55%, 07/01/39		325		493,559
6.95%, 08/15/37		75		114,522
7.05%, 03/15/33		619		895,125
Cox Communications Inc.
1.80%, 10/01/30 (Call 07/01/30)(a)(b)		385		365,804
2.60%, 06/15/31 (Call 03/15/31)(b)		869		869,666
2.95%, 06/30/23 (Call 03/30/23)(b)		330		338,808
2.95%, 10/01/50 (Call 04/01/50)(b)		640		612,584
3.15%, 08/15/24 (Call 06/15/24)(b)		700		733,672
3.35%, 09/15/26 (Call 06/15/26)(b)		903		965,722
3.50%, 08/15/27 (Call 05/15/27)(a)(b)		786		847,078
3.60%, 06/15/51 (Call 12/15/50)(b)		460		493,058
3.85%, 02/01/25 (Call 11/01/24)(b)		386		411,864
4.50%, 06/30/43 (Call 12/30/42)(b)		490		574,042
4.60%, 08/15/47 (Call 02/15/47)(a)(b)		190		233,880

Security	Par (000)		Value
Media (continued)
4.70%, 12/15/42(b)	$	350	$	424,185
4.80%, 02/01/35 (Call 08/01/34)(b)		841		999,921
8.38%, 03/01/39(b)		425		703,191
Discovery Communications LLC
2.95%, 03/20/23 (Call 02/20/23)		405		415,428
3.45%, 03/15/25 (Call 12/15/24)		514		540,781
3.63%, 05/15/30 (Call 02/15/30)		528		564,859
3.80%, 03/13/24 (Call 01/13/24)		521		548,677
3.90%, 11/15/24 (Call 08/15/24)		95		101,367
3.95%, 06/15/25 (Call 03/15/25)		588		631,549
3.95%, 03/20/28 (Call 12/20/27)(a)		1,340		1,461,779
4.00%, 09/15/55 (Call 03/15/55)		900		963,505
4.13%, 05/15/29 (Call 02/15/29)(a)		933		1,028,298
4.65%, 05/15/50 (Call 11/15/49)		894		1,059,936
4.88%, 04/01/43		503		604,163
4.90%, 03/11/26 (Call 12/11/25)		531		594,349
4.95%, 05/15/42		105		124,760
5.00%, 09/20/37 (Call 03/20/37)		210		251,420
5.20%, 09/20/47 (Call 03/20/47)		1,190		1,486,750
5.30%, 05/15/49 (Call 11/15/48)		586		745,804
6.35%, 06/01/40		470		653,243
Fox Corp.
3.05%, 04/07/25 (Call 03/07/25)		580		610,479
3.50%, 04/08/30 (Call 01/08/30)(a)		437		472,828
4.03%, 01/25/24 (Call 12/25/23)		904		956,710
4.71%, 01/25/29 (Call 10/25/28)		1,483		1,694,694
5.48%, 01/25/39 (Call 07/25/38)		1,059		1,368,586
5.58%, 01/25/49 (Call 07/25/48)(a)		1,309		1,789,967
Grupo Televisa SAB
4.63%, 01/30/26 (Call 10/30/25)(a)		168		182,762
5.00%, 05/13/45 (Call 11/13/44)		547		654,887
5.25%, 05/24/49 (Call 11/24/48)(a)		415		528,011
6.13%, 01/31/46 (Call 07/31/45)		740		1,015,359
6.63%, 03/18/25		840		962,522
6.63%, 01/15/40		850		1,162,569
8.50%, 03/11/32		30		43,048
NBCUniversal Media LLC
4.45%, 01/15/43		835		1,012,138
5.95%, 04/01/41		710		1,021,440
6.40%, 04/30/40		385		577,130
Sky Group Finance Ltd., 6.50%, 10/15/35(b)		111		158,402
Sky Ltd., 3.75%, 09/16/24(a)(b)		1,139		1,217,539
TCI Communications Inc.
7.13%, 02/15/28(a)		483		627,971
7.88%, 02/15/26		270		339,422
Thomson Reuters Corp.
3.35%, 05/15/26 (Call 02/15/26)(a)		487		520,176
4.30%, 11/23/23 (Call 08/23/23)		466		492,213
5.50%, 08/15/35		330		428,571
5.65%, 11/23/43 (Call 05/23/43)(a)		145		201,832
5.85%, 04/15/40		514		726,441
Time Warner Cable LLC
4.50%, 09/15/42 (Call 03/15/42)		1,029		1,131,116
5.50%, 09/01/41 (Call 03/01/41)		1,039		1,272,900
5.88%, 11/15/40 (Call 05/15/40)		1,142		1,447,031
6.55%, 05/01/37		930		1,245,500
6.75%, 06/15/39		1,380		1,892,064
7.30%, 07/01/38		1,305		1,872,243

 59

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Media (continued)
Time Warner Entertainment Co. LP
8.38%, 03/15/23	$	663	$	726,461
8.38%, 07/15/33		1,113		1,640,898
TWDC Enterprises 18 Corp.
1.85%, 07/30/26		929		938,213
2.35%, 12/01/22		361		367,028
2.95%, 06/15/27(a)		580		620,382
3.00%, 02/13/26		945		998,131
3.00%, 07/30/46		585		608,185
3.15%, 09/17/25		798		847,073
3.70%, 12/01/42		573		653,871
4.13%, 06/01/44		905		1,082,209
4.38%, 08/16/41		284		351,987
Series B, 7.00%, 03/01/32		660		938,975
Series E, 4.13%, 12/01/41		573		685,544
ViacomCBS Inc.
2.90%, 01/15/27 (Call 10/15/26)		630		659,710
3.38%, 02/15/28 (Call 11/15/27)(a)		423		452,933
3.50%, 01/15/25 (Call 10/15/24)		573		607,236
3.70%, 08/15/24 (Call 05/15/24)		493		524,836
3.70%, 06/01/28 (Call 03/01/28)		524		572,419
3.88%, 04/01/24 (Call 01/01/24)		136		143,382
4.00%, 01/15/26 (Call 10/15/25)		617		668,998
4.20%, 06/01/29 (Call 03/01/29)(a)		767		856,197
4.20%, 05/19/32 (Call 02/19/32)		866		980,395
4.38%, 03/15/43		1,055		1,194,798
4.60%, 01/15/45 (Call 07/15/44)		677		818,716
4.75%, 05/15/25 (Call 04/15/25)		1,039		1,146,131
4.85%, 07/01/42 (Call 01/01/42)(a)		624		749,145
4.90%, 08/15/44 (Call 02/15/44)		90		109,171
4.95%, 01/15/31 (Call 10/15/30)		1,084		1,286,148
4.95%, 05/19/50 (Call 11/19/49)(a)		688		868,961
5.25%, 04/01/44 (Call 10/01/43)		266		334,899
5.50%, 05/15/33(a)		783		978,337
5.85%, 09/01/43 (Call 03/01/43)		1,140		1,544,940
5.90%, 10/15/40 (Call 04/15/40)(a)		115		154,020
6.88%, 04/30/36		732		1,052,746
7.88%, 07/30/30		385		536,337
Walt Disney Co. (The)
1.75%, 08/30/24 (Call 07/30/24)		1,080		1,096,699
1.75%, 01/13/26		653		658,044
2.00%, 09/01/29 (Call 06/01/29)		1,205		1,203,016
2.20%, 01/13/28(a)		587		595,499
2.65%, 01/13/31(a)		1,525		1,583,068
2.75%, 09/01/49 (Call 03/01/49)		1,330		1,296,744
3.35%, 03/24/25(a)		1,518		1,612,118
3.38%, 11/15/26 (Call 08/15/26)		536		580,153
3.50%, 05/13/40 (Call 11/13/39)		1,395		1,537,654
3.60%, 01/13/51 (Call 07/13/50)		1,825		2,086,612
3.70%, 09/15/24 (Call 06/15/24)		721		766,630
3.70%, 10/15/25 (Call 07/15/25)		146		157,498
3.70%, 03/23/27(a)		383		419,557
3.80%, 03/22/30		855		959,981
3.80%, 05/13/60 (Call 11/13/59)		639		760,457
4.00%, 10/01/23		213		224,970
4.63%, 03/23/40 (Call 09/23/39)		650		817,472
4.70%, 03/23/50 (Call 09/23/49)		1,382		1,851,712
4.75%, 09/15/44 (Call 03/15/44)		569		740,140
4.75%, 11/15/46 (Call 05/15/46)		512		666,552
4.95%, 10/15/45 (Call 04/15/45)		378		504,381

Security	Par (000)		Value
Media (continued)
5.40%, 10/01/43	$	704	$	981,973
6.15%, 03/01/37		230		325,906
6.15%, 02/15/41		120		176,854
6.20%, 12/15/34		720		1,013,233
6.40%, 12/15/35		339		488,527
6.55%, 03/15/33		380		529,188
6.65%, 11/15/37		1,038		1,550,202
7.75%, 12/01/45		34		61,069
				198,356,233
Metal Fabricate & Hardware — 0.1%
Precision Castparts Corp.
2.50%, 01/15/23 (Call 10/15/22)		145		147,435
3.25%, 06/15/25 (Call 03/15/25)		1,111		1,187,300
3.90%, 01/15/43 (Call 07/15/42)		190		218,493
4.20%, 06/15/35 (Call 12/15/34)(a)		385		455,972
4.38%, 06/15/45 (Call 12/15/44)		396		495,061
Timken Co. (The), 4.50%, 12/15/28 (Call 09/15/28)		295		330,627
Valmont Industries Inc.
5.00%, 10/01/44 (Call 04/01/44)		479		602,603
5.25%, 10/01/54 (Call 04/01/54)		50		65,543
Worthington Industries Inc., 4.55%, 04/15/26(a)		245		269,498
				3,772,532
Mining — 1.0%
Anglo American Capital PLC
2.25%, 03/17/28 (Call 01/17/28)(b)		245		240,795
2.63%, 09/10/30 (Call 06/10/30)(b)		825		808,124
2.88%, 03/17/31 (Call 12/17/30)(b)		836		832,967
3.63%, 09/11/24(b)		797		840,600
3.95%, 09/10/50 (Call 03/10/50)(b)		625		679,495
4.00%, 09/11/27(b)		839		904,518
4.50%, 03/15/28 (Call 12/15/27)(b)		230		255,712
4.75%, 04/10/27(b)		818		910,971
4.88%, 05/14/25(a)(b)		263		289,566
5.63%, 04/01/30 (Call 01/01/30)(b)		455		539,640
AngloGold Ashanti Holdings PLC, 3.75%, 10/01/30
(Call 07/01/30)		110		109,472
Barrick Gold Corp.
5.25%, 04/01/42		674		884,582
6.45%, 10/15/35		355		486,241
Barrick International Barbados Corp., 6.35%, 10/15/36(b)		100		136,673
Barrick North America Finance LLC
5.70%, 05/30/41		806		1,099,561
5.75%, 05/01/43(a)		785		1,083,644
7.50%, 09/15/38(a)		127		189,101
Barrick PD Australia Finance Pty Ltd., 5.95%, 10/15/39		625		860,764
BHP Billiton Finance USA Ltd.
3.85%, 09/30/23		768		810,708
4.13%, 02/24/42(a)		949		1,128,656
5.00%, 09/30/43(a)		1,641		2,178,387
6.42%, 03/01/26		50		59,605
Corp. Nacional del Cobre de Chile
3.00%, 09/30/29 (Call 06/30/29)(b)		854		861,473
3.15%, 01/14/30 (Call 10/14/29)(b)		839		854,001
3.15%, 01/15/51 (Call 07/15/50)(b)		615		567,594
3.63%, 08/01/27 (Call 05/01/27)(b)		1,450		1,534,782
3.70%, 01/30/50 (Call 07/30/49)(b)		1,581		1,602,271
3.75%, 01/15/31 (Call 10/15/30)(a)(b)		625		661,350
4.25%, 07/17/42(b)		575		626,751
4.38%, 02/05/49 (Call 08/05/48)(b)		1,180		1,326,955

60

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Mining (continued)
4.50%, 09/16/25(b)	$	496	$	539,697
4.50%, 08/01/47 (Call 02/01/47)(a)(b)		1,150		1,312,692
4.88%, 11/04/44(a)(b)		842		993,517
5.63%, 09/21/35(a)(b)		229		285,945
5.63%, 10/18/43(b)		175		224,676
Fresnillo PLC
4.25%, 10/02/50 (Call 04/02/50)(b)		559		564,540
5.50%, 11/13/23(b)		179		192,649
Glencore Canada Corp., 6.20%, 06/15/35		380		478,363
Glencore Finance Canada Ltd.
5.55%, 10/25/42(b)		493		623,413
6.00%, 11/15/41(a)(b)		520		693,269
6.90%, 11/15/37(b)		207		288,724
Glencore Funding LLC
1.63%, 09/01/25 (Call 08/01/25)(b)		971		963,064
1.63%, 04/27/26 (Call 03/27/26)(b)		393		386,015
2.50%, 09/01/30 (Call 06/01/30)(a)(b)		1,022		994,244
2.63%, 09/23/31 (Call 06/23/31)(b)		295		286,112
2.85%, 04/27/31 (Call 01/27/31)(b)		350		348,046
3.38%, 09/23/51 (Call 03/23/51)(a)(b)		510		493,182
3.88%, 10/27/27 (Call 07/27/27)(b)		275		295,430
3.88%, 04/27/51 (Call 10/27/50)(b)		255		271,202
4.00%, 04/16/25(a)(b)		465		495,206
4.00%, 03/27/27 (Call 12/27/26)(a)(b)		815		877,511
4.13%, 05/30/23(b)		786		820,794
4.13%, 03/12/24 (Call 02/12/24)(b)		870		918,395
4.63%, 04/29/24(b)		854		913,578
4.88%, 03/12/29 (Call 12/12/28)(b)		689		783,825
Indonesia Asahan Aluminium Persero PT
4.75%, 05/15/25 (Call 04/15/25)(a)(b)		1,136		1,209,124
5.45%, 05/15/30 (Call 02/15/30)(a)(b)		775		880,478
5.80%, 05/15/50 (Call 11/15/49)(a)(b)		520		599,300
6.53%, 11/15/28(b)		90		107,597
6.76%, 11/15/48(b)		453		579,840
Industrias Penoles SAB de CV
4.15%, 09/12/29 (Call 06/12/29)(b)		475		508,623
4.75%, 08/06/50 (Call 02/06/50)(b)		376		401,380
5.65%, 09/12/49 (Call 03/12/49)(b)		395		474,004
Kinross Gold Corp.
4.50%, 07/15/27 (Call 04/15/27)		220		246,529
5.95%, 03/15/24 (Call 12/15/23)		107		116,670
6.88%, 09/01/41 (Call 03/01/41)		245		334,781
Minera Mexico SA de CV, 4.50%, 01/26/50
(Call 07/26/49)(a)(b)		740		794,582
Newcastle Coal Infrastructure Group Pty Ltd.
4.40%, 09/29/27 (Call 06/29/27)(a)(b)		75		75,140
4.70%, 05/12/31 (Call 02/12/31)(a)(b)		695		673,709
Newcrest Finance Pty Ltd.
3.25%, 05/13/30 (Call 02/13/30)(a)(b)		506		536,385
4.20%, 05/13/50 (Call 11/13/49)(b)		583		680,749
5.75%, 11/15/41(a)(b)		465		614,916
Newmont Corp.
2.25%, 10/01/30 (Call 07/01/30)		937		916,195
2.80%, 10/01/29 (Call 07/01/29)		735		756,072
3.70%, 03/15/23 (Call 12/15/22)		88		90,480
4.88%, 03/15/42 (Call 09/15/41)		968		1,220,269
5.45%, 06/09/44 (Call 12/09/43)		304		409,326
5.88%, 04/01/35		457		598,682
6.25%, 10/01/39		632		890,729

Security	Par (000)		Value
Mining (continued)
Rio Tinto Alcan Inc.
5.75%, 06/01/35(a)	$	215	$	290,768
6.13%, 12/15/33		949		1,320,680
7.25%, 03/15/31(a)		25		35,057
Rio Tinto Finance USA Ltd.
2.75%, 11/02/51 (Call 05/02/51)(a)		1,005		1,007,462
5.20%, 11/02/40		896		1,200,435
7.13%, 07/15/28		625		823,744
Rio Tinto Finance USA PLC
4.13%, 08/21/42 (Call 02/21/42)		786		944,823
4.75%, 03/22/42 (Call 09/22/41)		424		546,363
Southern Copper Corp.
3.88%, 04/23/25		96		102,696
5.25%, 11/08/42(a)		967		1,202,058
5.88%, 04/23/45(a)		1,223		1,654,083
6.75%, 04/16/40(a)		1,040		1,432,600
7.50%, 07/27/35		974		1,392,820
Teck Resources Ltd.
5.20%, 03/01/42 (Call 09/01/41)		119		142,198
5.40%, 02/01/43 (Call 08/01/42)		359		441,686
6.00%, 08/15/40 (Call 02/15/40)		427		549,711
6.13%, 10/01/35		495		642,892
6.25%, 07/15/41 (Call 01/15/41)(a)		597		787,727
Yamana Gold Inc.
2.63%, 08/15/31 (Call 05/15/31)(a)(b)		515		499,809
4.63%, 12/15/27 (Call 09/15/27)		346		380,886
				67,523,106
Office Furnishings — 0.0%
Steelcase Inc., 5.13%, 01/18/29 (Call 10/18/28)		430		489,360
Oil & Gas — 5.1%
Aker BP ASA
3.00%, 01/15/25 (Call 12/15/24)(b)		572		595,256
3.75%, 01/15/30 (Call 10/15/29)(a)(b)		914		968,889
4.00%, 01/15/31 (Call 10/15/30)(b)		135		146,861
BG Energy Capital PLC, 5.13%, 10/15/41(b)		585		759,777
BP Capital Markets America Inc.
1.75%, 08/10/30 (Call 05/10/30)		247		237,419
2.75%, 05/10/23		698		716,560
2.77%, 11/10/50 (Call 05/10/50)		1,320		1,246,679
2.94%, 04/06/23		237		243,812
2.94%, 06/04/51 (Call 12/04/50)(a)		2,110		2,053,476
3.00%, 02/24/50 (Call 08/24/49)		2,236		2,185,673
3.00%, 03/17/52 (Call 09/17/51)		1,150		1,127,615
3.02%, 01/16/27 (Call 10/16/26)		812		856,304
3.06%, 06/17/41 (Call 12/17/40)		1,575		1,588,903
3.12%, 05/04/26 (Call 02/04/26)		841		890,314
3.19%, 04/06/25 (Call 03/06/25)		508		534,871
3.22%, 11/28/23 (Call 12/23/21)		1,302		1,357,013
3.22%, 04/14/24 (Call 12/23/21)		958		1,001,433
3.38%, 02/08/61 (Call 08/08/60)		1,373		1,417,607
3.41%, 02/11/26 (Call 12/11/25)		730		782,248
3.54%, 04/06/27 (Call 02/06/27)(a)		602		649,880
3.59%, 04/14/27 (Call 01/14/27)		691		746,011
3.63%, 04/06/30 (Call 01/06/30)		1,127		1,237,763
3.79%, 02/06/24 (Call 01/06/24)		788		832,729
3.80%, 09/21/25 (Call 07/21/25)		885		960,025
3.94%, 09/21/28 (Call 06/21/28)		941		1,044,966
4.23%, 11/06/28 (Call 08/06/28)		1,440		1,629,313

 61

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Oil & Gas (continued)
BP Capital Markets PLC
2.75%, 05/10/23	$	476	$	488,211
3.12%, 05/04/26 (Call 02/04/26)		451		474,897
3.28%, 09/19/27 (Call 06/19/27)		1,214		1,297,808
3.51%, 03/17/25		817		869,035
3.54%, 11/04/24		472		501,752
3.72%, 11/28/28 (Call 08/28/28)		851		938,092
3.81%, 02/10/24		766		809,121
3.99%, 09/26/23		891		940,607
4.88%, (Call 03/22/30)(a)(c)(d)		415		446,644
Burlington Resources LLC
5.95%, 10/15/36		636		866,867
7.20%, 08/15/31		525		746,719
7.40%, 12/01/31		490		707,443
Canadian Natural Resources Ltd.
2.05%, 07/15/25 (Call 06/15/25)		512		517,398
2.95%, 01/15/23 (Call 12/15/22)		299		304,922
2.95%, 07/15/30 (Call 04/15/30)(a)		484		494,134
3.80%, 04/15/24 (Call 01/15/24)		705		738,880
3.85%, 06/01/27 (Call 03/01/27)		718		769,685
3.90%, 02/01/25 (Call 11/01/24)		726		771,569
4.95%, 06/01/47 (Call 12/01/46)(a)		472		584,331
5.85%, 02/01/35		732		921,171
6.25%, 03/15/38		357		472,225
6.45%, 06/30/33		520		679,887
6.50%, 02/15/37		810		1,070,131
6.75%, 02/01/39(a)		658		913,173
7.20%, 01/15/32		75		100,826
Cenovus Energy Inc.
3.75%, 02/15/52 (Call 08/15/51)(a)		335		328,748
4.00%, 04/15/24 (Call 01/15/24)		50		52,631
4.25%, 04/15/27 (Call 01/15/27)(a)		930		1,013,438
4.40%, 04/15/29 (Call 01/15/29)		657		721,699
5.25%, 06/15/37 (Call 12/15/36)		735		869,635
5.38%, 07/15/25 (Call 04/15/25)		918		1,019,896
5.40%, 06/15/47 (Call 12/15/46)(a)		615		758,259
6.75%, 11/15/39(a)		937		1,261,539
6.80%, 09/15/37		285		385,140
Cenovus Energy Inc/CA, 2.65%, 01/15/32 (Call 10/15/31)		400		385,879
Chevron Corp.
1.14%, 05/11/23		345		347,434
1.55%, 05/11/25 (Call 04/11/25)		1,793		1,805,926
2.00%, 05/11/27 (Call 03/11/27)(a)		1,011		1,022,588
2.24%, 05/11/30 (Call 02/11/30)		1,328		1,341,833
2.36%, 12/05/22 (Call 09/05/22)		713		722,378
2.57%, 05/16/23 (Call 03/16/23)		580		593,707
2.90%, 03/03/24 (Call 01/03/24)		438		456,012
2.95%, 05/16/26 (Call 02/16/26)		899		953,476
2.98%, 05/11/40 (Call 11/11/39)		225		232,812
3.08%, 05/11/50 (Call 11/11/49)		752		801,317
3.19%, 06/24/23 (Call 03/24/23)		555		573,318
3.33%, 11/17/25 (Call 08/17/25)		1,141		1,219,294
Chevron USA Inc.
0.43%, 08/11/23		990		986,835
0.69%, 08/12/25 (Call 07/12/25)		1,291		1,263,904
1.02%, 08/12/27 (Call 06/12/27)(a)		846		811,746
2.34%, 08/12/50 (Call 02/12/50)		822		761,579
3.25%, 10/15/29 (Call 07/15/29)		224		242,629
3.85%, 01/15/28 (Call 10/15/27)		682		757,104
3.90%, 11/15/24 (Call 08/15/24)(a)		845		908,021

Security	Par (000)		Value
Oil & Gas (continued)
CNOOC Curtis Funding No. 1 Pty Ltd., 4.50%, 10/03/23(b)	$	410	$	434,607
CNOOC Finance 2003 Ltd., 5.50%, 05/21/33(b)		325		389,045
CNOOC Finance 2013 Ltd.
2.88%, 09/30/29 (Call 06/30/29)(a)		485		501,479
3.00%, 05/09/23		755		775,309
3.30%, 09/30/49 (Call 03/30/49)		500		470,642
4.25%, 05/09/43(a)		200		218,889
CNOOC Finance 2014 ULC
4.25%, 04/30/24		619		661,125
4.88%, 04/30/44		385		459,960
CNOOC Finance 2015 Australia Pty Ltd., 4.20%, 05/05/45		330		361,054
CNOOC Finance 2015 USA LLC
3.50%, 05/05/25(a)		350		370,231
3.75%, 05/02/23		200		207,599
4.38%, 05/02/28		655		735,247
CNOOC Petroleum North America ULC
5.88%, 03/10/35(a)		649		808,533
6.40%, 05/15/37		624		827,293
7.50%, 07/30/39		675		1,013,165
7.88%, 03/15/32		489		688,780
CNPC General Capital Ltd., 3.40%, 04/16/23(b)		405		417,451
Conoco Funding Co., 7.25%, 10/15/31		624		883,963
ConocoPhillips
2.40%, 02/15/31 (Call 11/15/30)(a)(b)		1,054		1,062,225
3.75%, 10/01/27 (Call 07/01/27)(b)		1,145		1,250,706
4.30%, 08/15/28 (Call 05/15/28)(b)		983		1,113,919
4.85%, 08/15/48 (Call 02/15/48)(b)		783		1,036,248
4.88%, 10/01/47 (Call 04/01/47)(b)		1,109		1,475,306
5.90%, 10/15/32		574		759,341
5.90%, 05/15/38		871		1,198,219
6.50%, 02/01/39		1,120		1,635,860
ConocoPhillips Co.
2.40%, 12/15/22 (Call 09/15/22)		113		114,734
3.35%, 11/15/24 (Call 08/15/24)		200		211,952
4.30%, 11/15/44 (Call 05/15/44)		72		86,397
4.95%, 03/15/26 (Call 12/15/25)(a)		836		944,717
5.95%, 03/15/46 (Call 09/15/45)		629		946,393
6.95%, 04/15/29		1,170		1,539,502
Continental Resources Inc., 2.88%, 04/01/32
(Call 01/01/32)(b)		25		24,211
Continental Resources Inc./OK
3.80%, 06/01/24 (Call 03/01/24)		1,000		1,042,365
4.38%, 01/15/28 (Call 10/15/27)		1,000		1,076,893
4.50%, 04/15/23 (Call 01/15/23)		500		516,390
4.90%, 06/01/44 (Call 12/01/43)(a)		865		959,449
5.75%, 01/15/31 (Call 07/15/30)(b)		350		407,673
Coterra Energy Inc.
3.90%, 05/15/27 (Call 02/15/27)(b)		820		889,056
4.38%, 06/01/24 (Call 03/01/24)(b)		704		748,322
4.38%, 03/15/29 (Call 12/15/28)(b)		257		285,976
Delek & Avner Tamar Bond Ltd., 5.41%, 12/30/25(b)		455		457,100
Devon Energy Corp.
4.50%, 01/15/30 (Call 01/15/25)(b)		615		660,469
4.75%, 05/15/42 (Call 11/15/41)		1,052		1,203,257
5.00%, 06/15/45 (Call 12/15/44)(a)		455		548,521
5.25%, 09/15/24 (Call 06/15/24)(b)		55		59,674
5.25%, 10/15/27 (Call 10/15/22)(b)		433		457,716
5.60%, 07/15/41 (Call 01/15/41)(a)		785		987,685
5.85%, 12/15/25 (Call 09/15/25)(a)		579		663,800
5.88%, 06/15/28 (Call 06/15/23)(b)		410		447,269

62

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Oil & Gas (continued)
7.88%, 09/30/31(a)	$	135	$	191,127
7.95%, 04/15/32		645		903,883
Diamondback Energy Inc.
2.88%, 12/01/24 (Call 11/01/24)		988		1,025,159
3.13%, 03/24/31 (Call 12/24/30)		791		806,311
3.25%, 12/01/26 (Call 10/01/26)		767		804,958
3.50%, 12/01/29 (Call 09/01/29)		1,127		1,182,120
4.40%, 03/24/51 (Call 09/24/50)		590		669,098
4.75%, 05/31/25 (Call 04/30/25)		439		481,013
Empresa Nacional del Petroleo
3.75%, 08/05/26 (Call 05/05/26)(b)		1,190		1,219,750
4.38%, 10/30/24(b)		175		186,627
4.50%, 09/14/47 (Call 03/14/47)(b)		601		587,484
5.25%, 11/06/29 (Call 08/06/29)(b)		90		97,650
Eni SpA
4.25%, 05/09/29 (Call 02/09/29)(a)(b)		610		689,789
5.70%, 10/01/40(b)		265		342,492
Series X-R, 4.00%, 09/12/23(b)		1,247		1,308,043
Series X-R, 4.75%, 09/12/28(b)		785		913,608
Eni USA Inc., 7.30%, 11/15/27		140		178,947
EOG Resources Inc.
2.63%, 03/15/23 (Call 12/15/22)		479		487,979
3.15%, 04/01/25 (Call 01/01/25)		762		804,007
3.90%, 04/01/35 (Call 10/01/34)		171		193,133
4.15%, 01/15/26 (Call 10/15/25)		631		692,874
4.38%, 04/15/30 (Call 01/15/30)(a)		723		831,751
4.95%, 04/15/50 (Call 10/15/49)		665		899,364
5.10%, 01/15/36 (Call 07/15/35)		50		60,876
Equinor ASA
1.75%, 01/22/26 (Call 12/22/25)		976		984,747
2.38%, 05/22/30 (Call 02/22/30)		702		715,557
2.45%, 01/17/23		326		332,390
2.65%, 01/15/24		1,192		1,233,278
2.88%, 04/06/25 (Call 03/06/25)		1,319		1,382,431
3.00%, 04/06/27 (Call 02/06/27)		810		855,511
3.13%, 04/06/30 (Call 01/06/30)		1,118		1,203,694
3.25%, 11/10/24		835		885,504
3.25%, 11/18/49 (Call 05/18/49)		297		317,977
3.63%, 09/10/28 (Call 06/10/28)		919		1,015,224
3.63%, 04/06/40 (Call 10/06/39)		509		570,693
3.70%, 03/01/24(a)		959		1,016,631
3.70%, 04/06/50 (Call 10/06/49)		1,147		1,328,320
3.95%, 05/15/43		717		837,176
4.25%, 11/23/41(a)		338		415,644
4.80%, 11/08/43		588		767,322
5.10%, 08/17/40		703		932,368
6.50%, 12/01/28(b)		55		70,979
6.80%, 01/15/28		275		343,573
7.15%, 11/15/25		195		236,143
7.25%, 09/23/27		719		923,640
7.75%, 06/15/23		185		204,470
Exxon Mobil Corp.
1.57%, 04/15/23		448		453,614
2.02%, 08/16/24 (Call 07/16/24)		733		750,969
2.28%, 08/16/26 (Call 06/16/26)(a)		1,119		1,157,293
2.44%, 08/16/29 (Call 05/16/29)		865		886,531
2.61%, 10/15/30 (Call 07/15/30)		1,303		1,348,594
2.71%, 03/06/25 (Call 12/06/24)		1,250		1,303,792
2.73%, 03/01/23 (Call 01/01/23)		597		610,882
2.99%, 03/19/25 (Call 02/19/25)		1,879		1,978,973

Security	Par (000)		Value
Oil & Gas (continued)
3.00%, 08/16/39 (Call 02/16/39)	$	642	$	661,606
3.04%, 03/01/26 (Call 12/01/25)		1,971		2,090,826
3.10%, 08/16/49 (Call 02/16/49)		1,702		1,753,019
3.18%, 03/15/24 (Call 12/15/23)(a)		1,100		1,149,813
3.29%, 03/19/27 (Call 01/19/27)		1,167		1,260,046
3.45%, 04/15/51 (Call 10/15/50)(a)		1,434		1,566,385
3.48%, 03/19/30 (Call 12/19/29)		1,571		1,723,858
3.57%, 03/06/45 (Call 09/06/44)		960		1,059,154
4.11%, 03/01/46 (Call 09/01/45)		2,172		2,583,807
4.23%, 03/19/40 (Call 09/19/39)		1,106		1,318,544
4.33%, 03/19/50 (Call 09/19/49)		2,266		2,820,572
Gazprom PJSC Via Gaz Capital SA
4.95%, 02/06/28(b)		910		981,542
7.29%, 08/16/37(b)		1,000		1,319,352
GS Caltex Corp.
3.00%, 06/04/24(b)		445		463,441
3.88%, 06/27/23(b)		200		208,506
Helmerich & Payne Inc., 2.90%, 09/29/31 (Call 06/29/31)(b)		600		586,614
Hess Corp.
3.50%, 07/15/24 (Call 04/15/24)		603		630,536
4.30%, 04/01/27 (Call 01/01/27)		160		173,762
5.60%, 02/15/41		789		972,463
5.80%, 04/01/47 (Call 10/01/46)		575		755,237
6.00%, 01/15/40		754		957,522
7.13%, 03/15/33		429		573,371
7.30%, 08/15/31(a)		492		656,402
7.88%, 10/01/29(a)		380		511,813
HollyFrontier Corp.
2.63%, 10/01/23		670		685,608
4.50%, 10/01/30 (Call 07/01/30)		445		479,299
5.88%, 04/01/26 (Call 01/01/26)		1,005		1,133,453
KazMunayGas National Co. JSC
4.75%, 04/24/25(b)		220		239,397
5.38%, 04/24/30(b)		880		1,008,494
5.75%, 04/19/47(a)(b)		100		117,750
6.38%, 10/24/48(b)		1,380		1,741,488
Lundin Energy Finance BV
2.00%, 07/15/26 (Call 06/15/26)(b)		365		362,705
3.10%, 07/15/31 (Call 04/15/31)(b)		500		505,230
Marathon Oil Corp.
4.40%, 07/15/27 (Call 04/15/27)		979		1,071,078
5.20%, 06/01/45 (Call 12/01/44)		304		359,100
6.60%, 10/01/37		835		1,104,194
6.80%, 03/15/32		756		972,447
Marathon Petroleum Corp.
3.63%, 09/15/24 (Call 06/15/24)(a)		600		632,718
3.80%, 04/01/28 (Call 01/01/28)		597		641,543
4.50%, 05/01/23 (Call 12/02/21)		1,006		1,051,059
4.50%, 04/01/48 (Call 10/01/47)		462		527,778
4.70%, 05/01/25 (Call 04/01/25)		930		1,015,864
4.75%, 12/15/23 (Call 12/02/21)(a)		942		1,005,854
4.75%, 09/15/44 (Call 03/15/44)		598		702,424
5.00%, 09/15/54 (Call 03/15/54)		291		352,878
5.13%, 12/15/26 (Call 09/15/26)		694		788,598
5.85%, 12/15/45 (Call 06/15/45)		390		502,916
6.50%, 03/01/41 (Call 09/01/40)		960		1,328,081
Motiva Enterprises LLC, 6.85%, 01/15/40(b)		1,195		1,498,076

 63

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

Security	Par (000)		Value
Oil & Gas (continued)
Ovintiv Exploration Inc.
5.38%, 01/01/26 (Call 10/01/25)	$	600	$	661,277
5.63%, 07/01/24		600		652,911
Ovintiv Inc.
6.50%, 08/15/34		510		650,654
6.50%, 02/01/38(a)		555		707,060
6.63%, 08/15/37(a)		555		705,909
7.20%, 11/01/31		505		646,155
7.38%, 11/01/31		450		574,916
8.13%, 09/15/30		670		881,249
Pertamina Persero PT
1.40%, 02/09/26 (Call 01/09/26)(b)		820		796,889
2.30%, 02/09/31 (Call 11/09/30)(b)		800		757,392
3.10%, 01/21/30 (Call 10/21/29)(b)		290		294,131
3.10%, 08/27/30 (Call 05/25/30)(a)(b)		275		278,823
4.15%, 02/25/60 (Call 08/25/59)(b)		710		701,302
4.18%, 01/21/50 (Call 07/21/49)(a)(b)		1,060		1,076,534
4.30%, 05/20/23(b)		1,060		1,104,540
4.70%, 07/30/49(a)(b)		800		864,616
5.63%, 05/20/43(b)		985		1,158,608
6.00%, 05/03/42(b)		965		1,177,709
6.45%, 05/30/44(b)		1,375		1,785,300
6.50%, 05/27/41(b)		75		96,821
6.50%, 11/07/48(b)		200		265,159
Petroleos del Peru SA
4.75%, 06/19/32(b)		1,114		1,138,174
5.63%, 06/19/47(b)		1,445		1,410,681
Petroliam Nasional Bhd, 7.63%, 10/15/26(a)(b)		565		719,475
Petronas Capital Ltd.
2.48%, 01/28/32 (Call 10/28/31)(b)		1,045		1,044,415
3.40%, 04/28/61 (Call 10/28/60)(b)		1,140		1,174,023
3.50%, 03/18/25(b)		395		420,392
3.50%, 04/21/30 (Call 01/21/30)(b)		1,578		1,712,163
4.50%, 03/18/45(b)		950		1,166,877
4.55%, 04/21/50 (Call 10/21/49)(b)		2,030		2,541,710
4.80%, 04/21/60 (Call 10/21/59)(b)		1,390		1,837,740
Petronas Energy Canada Ltd., 2.11%, 03/23/28 (Call 01/23/28)(b)		200		200,365
Phillips 66
0.90%, 02/15/24 (Call 12/31/21)		1,000		992,427
1.30%, 02/15/26 (Call 01/15/26)		441		432,410
2.15%, 12/15/30 (Call 09/15/30)(a)		531		509,023
3.30%, 03/15/52 (Call 09/15/51)		550		545,562
3.70%, 04/06/23		584		605,480
3.85%, 04/09/25 (Call 03/09/25)(a)		1,030		1,103,027
3.90%, 03/15/28 (Call 12/15/27)		1,048		1,143,436
4.65%, 11/15/34 (Call 05/15/34)		796		929,329
4.88%, 11/15/44 (Call 05/15/44)(a)		1,406		1,743,053
5.88%, 05/01/42		1,285		1,753,955
Pioneer Natural Resources Co.
0.75%, 01/15/24 (Call 01/15/22)		550		545,904
1.13%, 01/15/26 (Call 12/15/25)		529		514,861
1.90%, 08/15/30 (Call 05/15/30)		1,036		981,108
2.15%, 01/15/31 (Call 10/15/30)		313		300,616
4.45%, 01/15/26 (Call 10/15/25)		610		671,377
PTTEP Treasury Center Co. Ltd.
2.59%, 06/10/27 (Call 04/10/27)(b)		425		435,589
2.99%, 01/15/30 (Call 07/15/29)(b)		50		52,369
3.90%, 12/06/59(b)		435		461,829

Security	Par (000)		Value
Oil & Gas (continued)
Qatar Energy
1.38%, 09/12/26 (Call 08/12/26)(b)	$	497	$	487,209
2.25%, 07/12/31 (Call 04/12/31)(b)		2,271		2,231,621
3.13%, 07/12/41 (Call 01/12/41)(b)		2,200		2,203,322
3.30%, 07/12/51 (Call 01/12/51)(b)		3,350		3,424,705
Raizen Fuels Finance SA, 5.30%, 01/20/27(b)		140		151,753
Ras Laffan Liquefied Natural Gas Co. Ltd. 3, 6.33%, 09/30/27(a)(b)		615		692,674
Reliance Industries Ltd.
3.67%, 11/30/27(b)		100		107,758
4.13%, 01/28/25(b)		500		536,830
SA Global Sukuk Ltd.
0.95%, 06/17/24 (Call 05/17/24)(b)		461		454,030
1.60%, 06/17/26 (Call 05/17/26)(b)		50		49,203
2.69%, 06/17/31 (Call 03/17/31)(b)		2,200		2,196,172
Santos Finance Ltd., 3.65%, 04/29/31 (Call 01/29/31)(a)(b)		426		435,870
Saudi Arabian Oil Co.
1.63%, 11/24/25 (Call 10/24/25)(b)		1,620		1,606,525
2.25%, 11/24/30 (Call 08/24/30)(b)		1,637		1,580,425
2.88%, 04/16/24(b)		1,437		1,485,792
3.25%, 11/24/50 (Call 05/24/50)(b)		1,991		1,906,382
3.50%, 04/16/29(b)		2,556		2,716,256
3.50%, 11/24/70 (Call 05/24/70)(b)		1,710		1,636,374
4.25%, 04/16/39(a)(b)		2,127		2,381,764
4.38%, 04/16/49(b)		1,956		2,241,912
Shell International Finance BV
0.38%, 09/15/23		1,195		1,188,593
2.00%, 11/07/24 (Call 10/07/24)		1,753		1,795,886
2.25%, 01/06/23		389		396,121
2.38%, 04/06/25 (Call 12/22/21)		619		641,360
2.38%, 11/07/29 (Call 08/07/29)		1,343		1,368,334
2.50%, 09/12/26(a)		1,164		1,219,795
2.75%, 04/06/30 (Call 01/06/30)(a)		1,341		1,401,641
2.88%, 05/10/26		1,496		1,585,469
2.88%, 11/26/41 (Call 05/26/41)		300		301,778
3.00%, 11/26/51 (Call 05/26/51)		1,500		1,528,487
3.13%, 11/07/49 (Call 05/07/49)(a)		1,127		1,168,976
3.25%, 05/11/25		1,808		1,925,822
3.25%, 04/06/50 (Call 10/06/49)(a)		1,567		1,682,275
3.40%, 08/12/23		956		999,423
3.50%, 11/13/23 (Call 10/13/23)		623		654,982
3.63%, 08/21/42		396		437,954
3.75%, 09/12/46		1,029		1,167,669
3.88%, 11/13/28 (Call 08/13/28)(a)		1,273		1,423,099
4.00%, 05/10/46		1,873		2,197,217
4.13%, 05/11/35		1,194		1,397,708
4.38%, 05/11/45(a)		1,811		2,233,890
4.55%, 08/12/43		636		795,535
5.50%, 03/25/40		905		1,242,998
6.38%, 12/15/38		2,068		3,043,846
Sinopec Capital 2013 Ltd.
3.13%, 04/24/23(b)		125		128,414
4.25%, 04/24/43(b)		200		235,998
Sinopec Group Overseas Development 2012 Ltd., 4.88%, 05/17/42(b)		660		831,918
Sinopec Group Overseas Development 2013 Ltd., 4.38%, 10/17/23(b)		567		602,015
Sinopec Group Overseas Development 2014 Ltd., 4.38%, 04/10/24(a)(b)		1,485		1,595,991

64

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Oil & Gas (continued)
Sinopec Group Overseas Development 2015 Ltd.
3.25%, 04/28/25(a)(b)	$	1,325		$	1,396,815
4.10%, 04/28/45(a)(b)		225			260,432
Sinopec Group Overseas Development 2016 Ltd.
2.75%, 09/29/26(b)		1,448			1,514,097
3.50%, 05/03/26(b)		300			322,485
Sinopec Group Overseas Development 2017 Ltd.
3.25%, 09/13/27(a)(b)		625			667,880
3.63%, 04/12/27(a)(b)		1,220			1,326,518
4.00%, 09/13/47(b)		655			753,136
4.25%, 04/12/47(a)(b)		145			172,673
Sinopec Group Overseas Development 2018 Ltd.
1.45%, 01/08/26 (Call 12/08/25)(a)(b)		200			197,940
2.15%, 05/13/25 (Call 04/13/25)(b)		1,100			1,120,315
2.30%, 01/08/31 (Call 10/08/30)(b)		889			876,635
2.50%, 08/08/24 (Call 07/08/24)(b)		500			516,771
2.50%, 11/12/24 (Call 10/12/24)(a)(b)		1,110			1,151,388
2.70%, 05/13/30 (Call 02/13/30)(a)(b)		600			615,216
2.95%, 08/08/29 (Call 05/08/29)(a)(b)		724			756,926
2.95%, 11/12/29 (Call 08/12/29)(a)(b)		619			647,159
3.35%, 05/13/50 (Call 11/13/49)(b)		745			774,885
3.44%, 11/12/49 (Call 05/12/49)(b)		435			459,885
3.68%, 08/08/49 (Call 02/08/49)(b)		897			987,211
3.75%, 09/12/23(b)		300			314,407
4.13%, 09/12/25(b)		450			491,390
4.25%, 09/12/28(a)(b)		640			725,987
4.60%, 09/12/48(a)(b)		602			759,886
Suncor Energy Inc.
2.80%, 05/15/23		541			554,294
3.10%, 05/15/25 (Call 04/15/25)		237			248,543
3.75%, 03/04/51 (Call 09/04/50)		645			700,068
4.00%, 11/15/47 (Call 05/15/47)(a)		280			311,720
5.35%, 07/15/33		105			127,884
5.95%, 12/01/34		354			459,962
5.95%, 05/15/35		335			437,155
6.50%, 06/15/38		954			1,313,251
6.80%, 05/15/38		530			748,512
6.85%, 06/01/39		956			1,366,372
7.00%, 11/15/28		65			84,023
7.15%, 02/01/32		565			772,015
7.88%, 06/15/26		50			61,393
Tengizchevroil Finance Co. International Ltd.
2.63%, 08/15/25 (Call 05/15/25)(b)		685			688,767
3.25%, 08/15/30 (Call 02/15/30)(b)		460			453,321
4.00%, 08/15/26(b)		285			302,100
Thaioil Treasury Center Co. Ltd.
2.50%, 06/18/30(b)		25			23,630
3.50%, 10/17/49(b)		755			673,852
3.75%, 06/18/50(b)		100			92,645
4.63%, 11/20/28(b)		200			220,018
5.38%, 11/20/48(b)		100			114,195
TotalEnergies Capital Canada Ltd., 2.75%, 07/15/23		665			685,532
TotalEnergies Capital International SA
2.43%, 01/10/25 (Call 10/10/24)(a)		859			889,985
2.70%, 01/25/23		886			906,068
2.83%, 01/10/30 (Call 10/10/29)(a)		862			905,382
2.99%, 06/29/41 (Call 12/29/40)		995			1,017,156
3.13%, 05/29/50 (Call 11/29/49)		1,180			1,218,806
3.39%, 06/29/60 (Call 12/29/59)		514			552,566
3.46%, 02/19/29 (Call 11/19/28)		1,397			1,521,885

	Par
Security		(000	)		Value
Oil & Gas (continued)
3.46%, 07/12/49 (Call 01/12/49)	$	1,180		$	1,289,008
3.70%, 01/15/24		1,017			1,073,582
3.75%, 04/10/24		1,012			1,075,437
TotalEnergies Capital SA, 3.88%, 10/11/28		804			899,247
Valero Energy Corp.
1.20%, 03/15/24		635			632,062
2.15%, 09/15/27 (Call 07/15/27)(a)		257			256,285
2.80%, 12/01/31 (Call 09/01/31)		425			418,235
2.85%, 04/15/25 (Call 03/15/25)		775			804,330
3.40%, 09/15/26 (Call 06/15/26)		1,066			1,130,288
3.65%, 03/15/25		609			650,743
4.00%, 04/01/29 (Call 01/01/29)(a)		889			965,888
4.35%, 06/01/28 (Call 03/01/28)		520			573,796
4.90%, 03/15/45(a)		388			456,605
6.63%, 06/15/37		1,281			1,753,361
7.50%, 04/15/32		595			814,385
10.50%, 03/15/39		264			466,858
Woodside Finance Ltd.
3.65%, 03/05/25 (Call 12/05/24)(b)		270			285,513
3.70%, 09/15/26 (Call 06/15/26)(b)		520			556,916
4.50%, 03/04/29 (Call 12/04/28)(b)		976			1,094,675
XTO Energy Inc., 6.75%, 08/01/37		399			572,152
					344,775,204
Oil & Gas Services — 0.3%
Baker Hughes a GE Co. LLC/Baker Hughes
Co-Obligor Inc.
3.14%, 11/07/29 (Call 08/07/29)		620			656,802
3.34%, 12/15/27 (Call 09/15/27)		908			969,849
4.08%, 12/15/47 (Call 06/15/47)		463			519,277
4.49%, 05/01/30 (Call 02/01/30)		552			634,883
Baker Hughes Holdings LLC, 5.13%, 09/15/40		1,255			1,573,541
Baker Hughes Holdings LLC/Baker Hughes
Co-Obligor Inc., 2.77%, 12/15/22 (Call 11/15/22)		945			964,672
Halliburton Co.
2.92%, 03/01/30 (Call 12/01/29)(a)		961			983,580
3.50%, 08/01/23 (Call 05/01/23)		363			375,544
3.80%, 11/15/25 (Call 08/15/25)		618			668,761
4.50%, 11/15/41 (Call 05/15/41)		377			419,605
4.75%, 08/01/43 (Call 02/01/43)		473			554,071
4.85%, 11/15/35 (Call 05/15/35)		849			1,007,491
5.00%, 11/15/45 (Call 05/15/45)(a)		1,098			1,344,007
6.70%, 09/15/38		879			1,213,430
7.45%, 09/15/39(a)		1,213			1,789,257
NOV Inc.
3.60%, 12/01/29 (Call 09/01/29)(a)		543			557,243
3.95%, 12/01/42 (Call 06/01/42)		1,104			1,089,321
Schlumberger Finance Canada Ltd., 1.40%, 09/17/25 (Call 08/17/25)		535			537,785
Schlumberger Holdings Corp.
3.75%, 05/01/24 (Call 04/01/24)(b)		805			847,150
3.90%, 05/17/28 (Call 02/17/28)(b)		1,267			1,383,616
4.00%, 12/21/25 (Call 09/21/25)(b)		979			1,065,615
4.30%, 05/01/29 (Call 02/01/29)(b)		869			968,544
Schlumberger Investment SA
2.65%, 06/26/30 (Call 03/26/30)(a)		1,124			1,145,123
3.65%, 12/01/23 (Call 09/01/23)		1,386			1,450,387
					22,719,554

 65

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Packaging & Containers — 0.2%
Amcor Finance USA Inc.
3.63%, 04/28/26 (Call 01/28/26)	$	660		$	709,109
4.50%, 05/15/28 (Call 02/15/28)(a)		265			303,584
Amcor Flexibles North America Inc.
2.63%, 06/19/30 (Call 03/19/30)		730			741,958
2.69%, 05/25/31 (Call 02/25/31)		568			577,269
3.10%, 09/15/26 (Call 06/15/26)		270			283,214
Berry Global Inc.
0.95%, 02/15/24 (Call 01/15/24)		220			217,364
1.57%, 01/15/26 (Call 12/15/25)		160			156,611
1.65%, 01/15/27 (Call 12/15/26)		385			374,720
4.88%, 07/15/26 (Call 07/15/22)(b)		400			415,024
Brambles USA Inc., 4.13%, 10/23/25 (Call 07/25/25)(a)(b)		35			38,093
CCL Industries Inc.
3.05%, 06/01/30 (Call 03/01/30)(a)(b)		690			723,342
3.25%, 10/01/26 (Call 07/01/26)(b)		330			348,221
Graphic Packaging International LLC
0.82%, 04/15/24 (Call 03/15/24)(b)		600			592,787
1.51%, 04/15/26 (Call 03/15/26)(b)		477			469,693
Packaging Corp. of America
3.00%, 12/15/29 (Call 09/15/29)(a)		625			657,654
3.05%, 10/01/51 (Call 04/01/51)		370			377,480
3.40%, 12/15/27 (Call 09/15/27)(a)		661			719,512
3.65%, 09/15/24 (Call 06/15/24)		308			326,950
4.05%, 12/15/49 (Call 06/15/49)		469			563,825
Sealed Air Corp., 1.57%, 10/15/26 (Call 09/15/26)(b)		85			82,869
Silgan Holdings Inc., 1.40%, 04/01/26 (Call 03/01/26)(b)		557			541,254
Sonoco Products Co., 3.13%, 05/01/30 (Call 02/01/30)		660			699,092
WestRock MWV LLC
7.95%, 02/15/31(a)		330			465,921
8.20%, 01/15/30		26			36,000
WestRock RKT LLC, 4.00%, 03/01/23 (Call 12/01/22)		115			118,563
WRKCo Inc.
3.00%, 09/15/24 (Call 07/15/24)		606			634,253
3.00%, 06/15/33 (Call 03/15/33)		602			626,000
3.38%, 09/15/27 (Call 06/15/27)		529			563,208
3.75%, 03/15/25 (Call 01/15/25)		683			733,277
3.90%, 06/01/28 (Call 03/01/28)(a)		530			585,198
4.00%, 03/15/28 (Call 12/15/27)(a)		294			325,904
4.20%, 06/01/32 (Call 03/01/32)		421			481,288
4.65%, 03/15/26 (Call 01/15/26)		759			851,626
4.90%, 03/15/29 (Call 12/15/28)(a)		339			395,658
					15,736,521
Pharmaceuticals — 4.8%
AbbVie Inc.
2.60%, 11/21/24 (Call 10/21/24)		2,851			2,955,350
2.85%, 05/14/23 (Call 03/14/23)		568			582,621
2.95%, 11/21/26 (Call 09/21/26)		2,410			2,536,345
3.20%, 05/14/26 (Call 02/14/26)		1,866			1,973,590
3.20%, 11/21/29 (Call 08/21/29)		1,565			1,660,411
3.60%, 05/14/25 (Call 02/14/25)		3,011			3,207,363
3.75%, 11/14/23 (Call 10/14/23)(a)		1,068			1,121,404
3.80%, 03/15/25 (Call 12/15/24)		2,231			2,384,619
3.85%, 06/15/24 (Call 03/15/24)		1,177			1,248,136
4.05%, 11/21/39 (Call 05/21/39)		3,150			3,604,738
4.25%, 11/14/28 (Call 08/14/28)(a)		1,082			1,217,339
4.25%, 11/21/49 (Call 05/21/49)		4,222			5,078,046
4.30%, 05/14/36 (Call 11/14/35)		1,271			1,480,530
4.40%, 11/06/42		1,744			2,089,788
4.45%, 05/14/46 (Call 11/14/45)		1,529			1,856,114

	Par
Security		(000	)		Value
Pharmaceuticals (continued)
4.50%, 05/14/35 (Call 11/14/34)	$	1,819		$	2,154,285
4.55%, 03/15/35 (Call 09/15/34)		1,278			1,525,737
4.63%, 10/01/42 (Call 04/01/42)		130			157,857
4.70%, 05/14/45 (Call 11/14/44)		1,822			2,264,157
4.75%, 03/15/45 (Call 09/15/44)		1,048			1,325,508
4.85%, 06/15/44 (Call 12/15/43)		1,052			1,329,329
4.88%, 11/14/48 (Call 05/14/48)		1,480			1,916,851
AmerisourceBergen Corp.
2.70%, 03/15/31 (Call 12/15/30)		505			510,429
2.80%, 05/15/30 (Call 02/15/30)		850			873,268
3.25%, 03/01/25 (Call 12/01/24)		204			214,806
3.40%, 05/15/24 (Call 02/15/24)		660			691,931
3.45%, 12/15/27 (Call 09/15/27)		468			502,841
4.25%, 03/01/45 (Call 09/01/44)(a)		375			436,543
4.30%, 12/15/47 (Call 06/15/47)		827			977,784
Astrazeneca Finance LLC
0.70%, 05/28/24 (Call 05/28/22)(a)		114			112,847
1.20%, 05/28/26 (Call 04/28/26)		935			922,934
1.75%, 05/28/28 (Call 03/28/28)		500			496,030
2.25%, 05/28/31 (Call 02/28/31)(a)		565			570,834
AstraZeneca PLC
0.30%, 05/26/23		200			198,952
0.70%, 04/08/26 (Call 03/08/26)(a)		812			784,704
1.38%, 08/06/30 (Call 05/06/30)		1,440			1,353,744
2.13%, 08/06/50 (Call 02/06/50)		695			620,160
3.00%, 05/28/51 (Call 11/28/50)		545			576,949
3.13%, 06/12/27 (Call 03/12/27)		435			465,144
3.38%, 11/16/25		1,280			1,372,004
3.50%, 08/17/23 (Call 07/17/23)		1,142			1,193,400
4.00%, 01/17/29 (Call 10/17/28)		987			1,115,546
4.00%, 09/18/42		1,090			1,308,339
4.38%, 11/16/45		719			923,841
4.38%, 08/17/48 (Call 02/17/48)		979			1,268,480
6.45%, 09/15/37		985			1,451,186
Bayer Corp., 6.65%, 02/15/28(b)		144			175,450
Bayer U.S. Finance II LLC
3.38%, 07/15/24 (Call 04/15/24)(b)		381			397,160
3.88%, 12/15/23 (Call 11/15/23)(b)		1,881			1,975,538
3.95%, 04/15/45 (Call 10/15/44)(a)(b)		266			292,322
4.20%, 07/15/34 (Call 01/15/34)(b)		959			1,089,227
4.25%, 12/15/25 (Call 10/15/25)(b)		1,672			1,820,074
4.38%, 12/15/28 (Call 09/15/28)(b)		2,247			2,523,177
4.40%, 07/15/44 (Call 01/15/44)(a)(b)		1,062			1,211,912
4.63%, 06/25/38 (Call 12/25/37)(a)(b)		645			768,744
4.65%, 11/15/43 (Call 05/15/43)(b)		160			190,182
4.70%, 07/15/64 (Call 01/15/64)(b)		680			814,369
4.88%, 06/25/48 (Call 12/25/47)(a)(b)		1,040			1,313,338
5.50%, 08/15/25(b)		303			336,113
Bayer U.S. Finance LLC, 3.38%, 10/08/24(b)		1,788			1,874,501
Becton Dickinson and Co.
1.96%, 02/11/31 (Call 11/11/30)		1,157			1,111,739
2.82%, 05/20/30 (Call 02/20/30)		486			502,036
3.36%, 06/06/24 (Call 04/06/24)		1,070			1,122,517
3.70%, 06/06/27 (Call 03/06/27)		1,678			1,815,622
3.73%, 12/15/24 (Call 09/15/24)		513			547,304
3.79%, 05/20/50 (Call 11/20/49)(a)		892			1,015,470
4.67%, 06/06/47 (Call 12/06/46)(a)		1,092			1,383,250
4.69%, 12/15/44 (Call 06/15/44)		921			1,149,670
6.00%, 05/15/39		145			192,675

66

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Pharmaceuticals (continued)
Bristol-Myers Squibb Co.
0.54%, 11/13/23 (Call 12/31/21)	$	385		$	383,691
0.75%, 11/13/25 (Call 10/13/25)(a)		709			692,006
1.13%, 11/13/27 (Call 09/13/27)(a)		743			721,993
1.45%, 11/13/30 (Call 08/13/30)(a)		1,161			1,107,838
2.35%, 11/13/40 (Call 05/13/40)		886			838,404
2.55%, 11/13/50 (Call 05/13/50)		973			926,344
2.75%, 02/15/23 (Call 01/15/23)		543			555,857
2.90%, 07/26/24 (Call 06/26/24)		2,270			2,374,518
3.20%, 06/15/26 (Call 04/15/26)		2,476			2,661,543
3.25%, 02/20/23 (Call 01/20/23)(a)		549			565,266
3.25%, 11/01/23		123			128,824
3.25%, 02/27/27		650			704,402
3.25%, 08/01/42(a)		615			673,358
3.40%, 07/26/29 (Call 04/26/29)		2,449			2,682,118
3.45%, 11/15/27 (Call 08/15/27)		951			1,034,178
3.63%, 05/15/24 (Call 02/15/24)		130			137,501
3.88%, 08/15/25 (Call 05/15/25)		1,288			1,394,790
3.90%, 02/20/28 (Call 11/20/27)		1,198			1,339,967
4.13%, 06/15/39 (Call 12/15/38)		1,582			1,879,897
4.25%, 10/26/49 (Call 04/26/49)		1,727			2,153,505
4.35%, 11/15/47 (Call 05/15/47)		1,184			1,484,375
4.50%, 03/01/44 (Call 09/01/43)		712			901,473
4.55%, 02/20/48 (Call 08/20/47)		1,303			1,681,604
4.63%, 05/15/44 (Call 11/15/43)		755			967,050
5.00%, 08/15/45 (Call 02/15/45)		1,408			1,892,710
5.25%, 08/15/43		245			328,704
5.88%, 11/15/36		55			75,717
6.80%, 11/15/26		125			156,769
Cardinal Health Inc.
3.08%, 06/15/24 (Call 04/15/24)		539			561,545
3.41%, 06/15/27 (Call 03/15/27)(a)		1,221			1,310,365
3.75%, 09/15/25 (Call 06/15/25)		537			576,798
4.37%, 06/15/47 (Call 12/15/46)		467			532,993
4.50%, 11/15/44 (Call 05/15/44)		340			389,040
4.60%, 03/15/43(a)		453			528,873
4.90%, 09/15/45 (Call 03/15/45)		129			157,204
Series 2016-CD2, 3.50%, 11/15/24 (Call 08/15/24)(a)		245			259,607
Series 2021-4, 3.20%, 03/15/23		278			285,856
Cigna Corp.
0.61%, 03/15/24 (Call 03/15/22)		673			664,898
1.25%, 03/15/26 (Call 02/15/26)(a)		355			348,843
2.38%, 03/15/31 (Call 12/15/30)		1,010			1,012,392
2.40%, 03/15/30 (Call 12/15/29)		1,130			1,132,074
3.00%, 07/15/23 (Call 05/16/23)		735			757,923
3.05%, 11/30/22 (Call 10/31/22)		319			326,243
3.05%, 10/15/27 (Call 07/15/27)		724			768,696
3.20%, 03/15/40 (Call 09/15/39)		969			995,720
3.25%, 04/15/25 (Call 01/15/25)		866			911,082
3.40%, 03/01/27 (Call 12/01/26)		1,260			1,350,369
3.40%, 03/15/50 (Call 09/15/49)		1,010			1,061,490
3.40%, 03/15/51 (Call 09/15/50)		770			816,028
3.50%, 06/15/24 (Call 03/17/24)		858			903,553
3.75%, 07/15/23 (Call 06/15/23)		891			929,666
3.88%, 10/15/47 (Call 04/15/47)		1,082			1,210,124
4.13%, 11/15/25 (Call 09/15/25)		1,469			1,603,735
4.38%, 10/15/28 (Call 07/15/28)		2,252			2,551,551
4.50%, 02/25/26 (Call 11/27/25)		1,374			1,520,035
4.80%, 08/15/38 (Call 02/15/38)		1,691			2,072,240
4.80%, 07/15/46 (Call 01/16/46)		994			1,257,097

	Par
Security		(000	)		Value
Pharmaceuticals (continued)
4.90%, 12/15/48 (Call 06/15/48)(a)	$	2,208		$	2,860,843
5.38%, 02/15/42 (Call 08/15/41)		70			90,563
6.13%, 11/15/41		414			587,859
CVS Health Corp.
1.30%, 08/21/27 (Call 06/21/27)		1,355			1,303,417
1.75%, 08/21/30 (Call 05/21/30)		1,076			1,023,258
1.88%, 02/28/31 (Call 11/28/30)		1,025			979,760
2.13%, 09/15/31 (Call 06/15/31)(a)		1,045			1,018,172
2.63%, 08/15/24 (Call 07/15/24)		1,089			1,126,209
2.70%, 08/21/40 (Call 02/21/40)		1,598			1,529,631
2.75%, 12/01/22 (Call 09/01/22)		589			597,943
2.88%, 06/01/26 (Call 03/01/26)		1,129			1,183,278
3.00%, 08/15/26 (Call 06/15/26)		1,289			1,358,936
3.25%, 08/15/29 (Call 05/15/29)		1,437			1,527,887
3.38%, 08/12/24 (Call 05/12/24)(a)		765			804,119
3.63%, 04/01/27 (Call 02/01/27)(a)		1,009			1,090,854
3.70%, 03/09/23 (Call 02/09/23)		126			130,306
3.75%, 04/01/30 (Call 01/01/30)		1,214			1,331,272
3.88%, 07/20/25 (Call 04/20/25)		1,376			1,482,629
4.00%, 12/05/23 (Call 09/05/23)		115			121,261
4.10%, 03/25/25 (Call 01/25/25)		1,242			1,342,489
4.13%, 04/01/40 (Call 10/01/39)		1,061			1,212,043
4.25%, 04/01/50 (Call 10/01/49)(a)		735			895,323
4.30%, 03/25/28 (Call 12/25/27)		2,001			2,253,069
4.75%, 12/01/22 (Call 09/01/22)		842			867,516
4.78%, 03/25/38 (Call 09/25/37)		4,636			5,648,770
4.88%, 07/20/35 (Call 01/20/35)(a)		873			1,070,771
5.00%, 12/01/24 (Call 09/01/24)		333			367,685
5.05%, 03/25/48 (Call 09/25/47)		4,464			5,898,439
5.13%, 07/20/45 (Call 01/20/45)		2,720			3,559,999
5.30%, 12/05/43 (Call 06/05/43)		1,117			1,477,851
6.13%, 09/15/39(a)		328			457,354
6.25%, 06/01/27		125			151,749
Eli Lilly & Co.
2.25%, 05/15/50 (Call 11/15/49)		2,033			1,893,047
2.50%, 09/15/60 (Call 03/15/60)		837			790,888
2.75%, 06/01/25 (Call 03/01/25)(a)		777			816,844
3.10%, 05/15/27 (Call 02/15/27)(a)		310			332,533
3.38%, 03/15/29 (Call 12/15/28)		963			1,059,149
3.70%, 03/01/45 (Call 09/01/44)		65			77,435
4.15%, 03/15/59 (Call 09/15/58)		50			65,588
EMD Finance LLC, 3.25%, 03/19/25 (Call 12/19/24)(b)		217			229,422
Evernorth Health Inc., 4.50%, 02/25/26 (Call 11/27/25)		430			473,311
GlaxoSmithKline Capital Inc.
2.80%, 03/18/23		817			838,652
3.38%, 05/15/23		718			745,040
3.63%, 05/15/25		1,138			1,226,736
3.88%, 05/15/28		1,228			1,378,917
4.20%, 03/18/43		500			611,740
5.38%, 04/15/34(a)		730			966,658
6.38%, 05/15/38		1,910			2,834,528
GlaxoSmithKline Capital PLC
0.53%, 10/01/23 (Call 10/01/22)		1,140			1,135,745
3.00%, 06/01/24 (Call 05/01/24)		1,684			1,761,994
3.38%, 06/01/29 (Call 03/01/29)(a)		569			621,111
Johnson & Johnson
0.55%, 09/01/25 (Call 08/01/25)		1,072			1,044,211
0.95%, 09/01/27 (Call 07/01/27)(a)		886			863,845
1.30%, 09/01/30 (Call 06/01/30)(a)		1,521			1,448,615
2.05%, 03/01/23 (Call 01/01/23)		91			92,450

 67

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Pharmaceuticals (continued)
2.10%, 09/01/40 (Call 03/01/40)	$	878		$	845,146
2.25%, 09/01/50 (Call 03/01/50)(a)		780			739,676
2.45%, 03/01/26 (Call 12/01/25)		1,273			1,325,770
2.45%, 09/01/60 (Call 03/01/60)		553			532,056
2.63%, 01/15/25 (Call 11/15/24)		646			675,327
2.90%, 01/15/28 (Call 10/15/27)		1,220			1,300,564
2.95%, 03/03/27 (Call 12/03/26)		428			457,966
3.38%, 12/05/23		337			354,762
3.40%, 01/15/38 (Call 07/15/37)		681			766,817
3.50%, 01/15/48 (Call 07/15/47)		558			651,308
3.55%, 03/01/36 (Call 09/01/35)		866			990,758
3.63%, 03/03/37 (Call 09/03/36)		507			584,898
3.70%, 03/01/46 (Call 09/01/45)		1,611			1,922,092
3.75%, 03/03/47 (Call 09/03/46)		768			918,346
4.38%, 12/05/33 (Call 06/05/33)		887			1,086,063
4.50%, 09/01/40		500			635,070
4.50%, 12/05/43 (Call 06/05/43)		285			368,048
4.85%, 05/15/41		260			346,477
4.95%, 05/15/33		481			613,581
5.85%, 07/15/38		731			1,055,047
5.95%, 08/15/37		787			1,141,085
6.73%, 11/15/23(a)		315			352,889
6.95%, 09/01/29		160			218,940
McKesson Corp.
0.90%, 12/03/25 (Call 11/03/25)		581			563,557
1.30%, 08/15/26 (Call 07/15/26)		575			562,464
2.70%, 12/15/22 (Call 09/15/22)(a)		551			559,551
2.85%, 03/15/23 (Call 12/15/22)		54			55,146
3.80%, 03/15/24 (Call 12/15/23)		652			687,562
3.95%, 02/16/28 (Call 11/16/27)		157			174,097
Mead Johnson Nutrition Co.
4.13%, 11/15/25 (Call 08/15/25)		593			650,427
4.60%, 06/01/44 (Call 12/01/43)		670			877,948
5.90%, 11/01/39		225			323,043
Merck & Co. Inc.
0.75%, 02/24/26 (Call 01/24/26)(a)		1,183			1,152,314
1.45%, 06/24/30 (Call 03/24/30)(a)		675			645,312
2.35%, 06/24/40 (Call 12/24/39)		918			876,974
2.45%, 06/24/50 (Call 12/24/49)(a)		1,404			1,337,431
2.75%, 02/10/25 (Call 11/10/24)		1,973			2,061,498
2.80%, 05/18/23(a)		1,320			1,362,180
2.90%, 03/07/24 (Call 02/07/24)		831			867,195
3.40%, 03/07/29 (Call 12/07/28)		1,022			1,118,068
3.60%, 09/15/42 (Call 03/15/42)		472			535,658
3.70%, 02/10/45 (Call 08/10/44)		1,661			1,926,536
3.90%, 03/07/39 (Call 09/07/38)		958			1,117,926
4.00%, 03/07/49 (Call 09/07/48)		1,154			1,417,974
4.15%, 05/18/43		999			1,215,326
6.50%, 12/01/33(a)		320			468,646
6.55%, 09/15/37		75			111,984
Merck Sharp & Dohme Corp.
5.75%, 11/15/36		118			162,544
5.95%, 12/01/28		640			807,089
6.40%, 03/01/28(a)		25			31,543
Mylan Inc.
3.13%, 01/15/23(b)		278			284,822
4.20%, 11/29/23 (Call 08/29/23)		377			397,218
4.55%, 04/15/28 (Call 01/15/28)		479			538,729
5.20%, 04/15/48 (Call 10/15/47)		758			937,965
5.40%, 11/29/43 (Call 05/29/43)		394			490,996

	Par
Security		(000	)		Value
Pharmaceuticals (continued)
Novartis Capital Corp.
1.75%, 02/14/25 (Call 01/14/25)	$	1,119		$	1,137,936
2.00%, 02/14/27 (Call 12/14/26)		1,282			1,301,609
2.20%, 08/14/30 (Call 05/14/30)		1,635			1,667,117
2.75%, 08/14/50 (Call 02/14/50)		1,156			1,182,617
3.00%, 11/20/25 (Call 08/20/25)		1,501			1,591,918
3.10%, 05/17/27 (Call 02/17/27)		745			798,240
3.40%, 05/06/24		1,182			1,251,091
3.70%, 09/21/42(a)		669			770,500
4.00%, 11/20/45 (Call 05/20/45)(a)		173			211,550
4.40%, 05/06/44		997			1,274,500
Pfizer Inc.
0.80%, 05/28/25 (Call 04/28/25)		1,017			1,004,810
1.70%, 05/28/30 (Call 02/28/30)(a)		965			944,724
1.75%, 08/18/31 (Call 05/18/31)		715			696,154
2.55%, 05/28/40 (Call 11/28/39)		966			962,118
2.63%, 04/01/30 (Call 01/01/30)		1,166			1,222,064
2.70%, 05/28/50 (Call 11/28/49)		1,040			1,052,553
2.75%, 06/03/26(a)		465			493,544
2.95%, 03/15/24 (Call 02/15/24)		787			823,841
3.00%, 06/15/23		751			778,167
3.00%, 12/15/26		1,372			1,471,364
3.20%, 09/15/23 (Call 08/15/23)(a)		805			840,545
3.40%, 05/15/24		860			910,421
3.45%, 03/15/29 (Call 12/15/28)		236			260,300
3.60%, 09/15/28 (Call 06/15/28)(a)		1,123			1,252,146
3.90%, 03/15/39 (Call 09/15/38)		805			943,416
4.00%, 12/15/36		1,011			1,198,591
4.00%, 03/15/49 (Call 09/15/48)		974			1,202,239
4.10%, 09/15/38 (Call 03/15/38)		753			899,973
4.13%, 12/15/46		1,059			1,317,245
4.20%, 09/15/48 (Call 03/15/48)		778			985,680
4.30%, 06/15/43		586			726,609
4.40%, 05/15/44		986			1,243,910
5.60%, 09/15/40		443			624,132
7.20%, 03/15/39		1,177			1,906,519
Sanofi
3.38%, 06/19/23 (Call 05/19/23)		441			459,153
3.63%, 06/19/28 (Call 03/19/28)		726			822,084
Shire Acquisitions Investments Ireland DAC
2.88%, 09/23/23 (Call 07/23/23)		2,021			2,085,457
3.20%, 09/23/26 (Call 06/23/26)		2,411			2,550,562
Takeda Pharmaceutical Co. Ltd.
2.05%, 03/31/30 (Call 12/31/29)		2,265			2,201,700
3.03%, 07/09/40 (Call 01/09/40)		1,450			1,473,829
3.18%, 07/09/50 (Call 01/09/50)		1,595			1,631,011
3.38%, 07/09/60 (Call 01/09/60)(a)		966			1,020,944
4.40%, 11/26/23 (Call 10/26/23)		1,110			1,181,381
5.00%, 11/26/28 (Call 08/26/28)(a)		408			480,213
Utah Acquisition Sub Inc.
3.95%, 06/15/26 (Call 03/15/26)		2,041			2,194,553
5.25%, 06/15/46 (Call 12/15/45)		491			601,273
Viatris Inc.
1.65%, 06/22/25 (Call 05/22/25)		868			866,267
2.30%, 06/22/27 (Call 04/22/27)		1,010			1,015,516
2.70%, 06/22/30 (Call 03/22/30)(a)		1,307			1,305,041
3.85%, 06/22/40 (Call 12/22/39)		1,130			1,203,551
4.00%, 06/22/50 (Call 12/22/49)		1,653			1,781,154
Wyeth LLC
5.95%, 04/01/37		1,490			2,114,229

68

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Pharmaceuticals (continued)
6.00%, 02/15/36	$	620		$	873,232
6.45%, 02/01/24		469			524,932
6.50%, 02/01/34		685			981,631
7.25%, 03/01/23		241			261,039
Zeneca Wilmington Inc., 7.00%, 11/15/23		256			287,004
Zoetis Inc.
2.00%, 05/15/30 (Call 02/15/30)		924			908,663
3.00%, 09/12/27 (Call 06/12/27)		336			351,169
3.00%, 05/15/50 (Call 11/15/49)(a)		865			892,920
3.25%, 02/01/23 (Call 11/01/22)		801			818,183
3.90%, 08/20/28 (Call 05/20/28)		528			588,199
3.95%, 09/12/47 (Call 03/12/47)		687			817,623
4.45%, 08/20/48 (Call 02/20/48)		487			626,559
4.50%, 11/13/25 (Call 08/13/25)		855			948,946
4.70%, 02/01/43 (Call 08/01/42)		336			428,573
					321,582,503
Pipelines — 3.5%
Abu Dhabi Crude Oil Pipeline LLC
3.65%, 11/02/29(b)		310			339,853
4.60%, 11/02/47(b)		1,746			2,035,138
Boardwalk Pipelines LP
3.38%, 02/01/23 (Call 11/01/22)		50			51,007
3.40%, 02/15/31 (Call 11/15/30)		480			497,615
4.45%, 07/15/27 (Call 04/15/27)		538			593,273
4.80%, 05/03/29 (Call 02/03/29)		495			560,058
4.95%, 12/15/24 (Call 09/15/24)		771			837,746
5.95%, 06/01/26 (Call 03/01/26)		506			584,918
Cameron LNG LLC
2.90%, 07/15/31 (Call 04/15/31)(a)(b)		440			461,706
3.30%, 01/15/35 (Call 09/15/34)(b)		730			769,744
3.40%, 01/15/38 (Call 07/15/37)(b)		240			250,340
3.70%, 01/15/39 (Call 07/15/38)(b)		840			920,897
Cheniere Corpus Christi Holdings LLC
2.74%, 12/31/39 (Call 07/04/39)(b)		510			501,932
3.70%, 11/15/29 (Call 05/18/29)		921			983,301
5.13%, 06/30/27 (Call 01/01/27)		1,324			1,498,935
5.88%, 03/31/25 (Call 10/02/24)		1,186			1,321,224
7.00%, 06/30/24 (Call 01/01/24)		1,275			1,416,897
Colonial Enterprises Inc., 3.25%, 05/15/30 (Call 02/15/30)(b)		820			871,094
Colonial Pipeline Co., 4.25%, 04/15/48 (Call 10/15/47)(a)(b)		375			444,880
Colorado Interstate Gas Co. LLC/Colorado Interstate Issuing Corp., 4.15%, 08/15/26 (Call 05/15/26)(b)		186			202,336
Columbia Pipeline Group Inc.
4.50%, 06/01/25 (Call 03/01/25)		1,012			1,108,238
5.80%, 06/01/45 (Call 12/01/44)		490			667,375
Eastern Gas Transmission & Storage Inc.
3.00%, 11/15/29 (Call 08/15/29)(b)		549			571,516
3.90%, 11/15/49 (Call 05/15/49)(b)		471			527,315
4.60%, 12/15/44 (Call 06/15/44)(b)		304			364,834
4.80%, 11/01/43 (Call 05/01/43)(b)		342			420,178
El Paso Natural Gas Co. LLC, 8.38%, 06/15/32(a)		290			415,596
Enable Midstream Partners LP
3.90%, 05/15/24 (Call 02/15/24)		45			47,226
4.15%, 09/15/29 (Call 06/15/29)		658			708,593
4.40%, 03/15/27 (Call 12/15/26)		1,057			1,142,549
4.95%, 05/15/28 (Call 02/15/28)		672			748,776
5.00%, 05/15/44 (Call 11/15/43)		575			620,648
Enbridge Energy Partners LP
5.50%, 09/15/40 (Call 03/15/40)		804			1,030,728

	Par
Security		(000	)		Value
Pipelines (continued)
5.88%, 10/15/25 (Call 07/15/25)	$	465		$	531,899
7.38%, 10/15/45 (Call 04/15/45)		662			1,052,293
Series B, 7.50%, 04/15/38		115			170,440
Enbridge Inc.
0.55%, 10/04/23		100			99,275
1.60%, 10/04/26 (Call 09/04/26)		295			290,872
2.50%, 01/15/25 (Call 12/15/24)		579			596,207
2.50%, 08/01/33 (Call 05/01/33)		635			624,554
3.13%, 11/15/29 (Call 08/15/29)(a)		1,025			1,072,742
3.40%, 08/01/51 (Call 02/01/51)		655			671,014
3.50%, 06/10/24 (Call 03/10/24)		703			738,552
3.70%, 07/15/27 (Call 04/15/27)(a)		920			991,889
4.00%, 10/01/23 (Call 07/01/23)		966			1,011,526
4.00%, 11/15/49 (Call 05/15/49)		80			90,625
4.25%, 12/01/26 (Call 09/01/26)		474			520,009
4.50%, 06/10/44 (Call 12/10/43)		514			593,322
5.50%, 12/01/46 (Call 06/01/46)		347			472,125
5.50%, 07/15/77 (Call 07/15/27)(a)(c)		823			853,088
6.25%, 03/01/78 (Call 03/01/28)(a)(c)		515			567,599
Series 16-A, 6.00%, 01/15/77 (Call 01/15/27)(c)		479			518,984
Series 20-A, 5.75%, 07/15/80 (Call 04/15/30)(a)(c)		450			497,947
Energy Transfer LP
2.90%, 05/15/25 (Call 04/15/25)		699			721,422
3.45%, 01/15/23 (Call 10/15/22)		475			484,682
3.60%, 02/01/23 (Call 11/01/22)		444			454,336
3.75%, 05/15/30 (Call 02/15/30)		1,026			1,080,089
3.90%, 07/15/26 (Call 04/15/26)(a)		589			633,344
4.00%, 10/01/27 (Call 07/01/27)		720			777,773
4.05%, 03/15/25 (Call 12/15/24)		871			923,713
4.20%, 04/15/27 (Call 01/15/27)		410			442,642
4.25%, 03/15/23 (Call 12/15/22)		114			117,708
4.25%, 04/01/24 (Call 01/01/24)		757			797,288
4.50%, 04/15/24 (Call 03/15/24)		525			559,089
4.75%, 01/15/26 (Call 10/15/25)		946			1,036,207
4.90%, 02/01/24 (Call 11/01/23)		231			245,285
4.90%, 03/15/35 (Call 09/15/34)		358			408,444
4.95%, 06/15/28 (Call 03/15/28)		910			1,028,781
4.95%, 01/15/43 (Call 07/15/42)		412			452,513
5.00%, 05/15/50 (Call 11/15/49)		1,665			1,913,221
5.15%, 02/01/43 (Call 08/01/42)		501			553,790
5.15%, 03/15/45 (Call 09/15/44)		517			589,797
5.25%, 04/15/29 (Call 01/15/29)		1,144			1,308,408
5.30%, 04/01/44 (Call 10/01/43)		675			775,897
5.30%, 04/15/47 (Call 10/15/46)		891			1,029,923
5.35%, 05/15/45 (Call 11/15/44)		761			883,483
5.40%, 10/01/47 (Call 04/01/47)(a)		1,071			1,274,903
5.50%, 06/01/27 (Call 03/01/27)		1,002			1,145,948
5.88%, 01/15/24 (Call 10/15/23)		1,214			1,308,367
5.95%, 12/01/25 (Call 09/01/25)		370			421,708
5.95%, 10/01/43 (Call 04/01/43)(a)		482			588,361
6.00%, 06/15/48 (Call 12/15/47)		500			627,613
6.05%, 06/01/41 (Call 12/01/40)(a)		457			560,282
6.10%, 02/15/42		455			561,286
6.13%, 12/15/45 (Call 06/15/45)		502			629,850
6.25%, 04/15/49 (Call 10/15/48)		1,285			1,668,282
6.50%, 02/01/42 (Call 08/01/41)		700			905,675
6.63%, 10/15/36		680			877,102
6.85%, 02/15/40		175			222,022
7.50%, 07/01/38		615			850,986
7.60%, 02/01/24 (Call 11/01/23)(a)		125			138,120

 69

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Pipelines (continued)
8.25%, 11/15/29 (Call 08/15/29)	$	400		$	528,585
Series 20Y, 5.80%, 06/15/38 (Call 12/15/37)		278			337,386
Series 5Y, 4.20%, 09/15/23 (Call 08/15/23)		518			542,811
Energy Transfer LP/Regency Energy Finance Corp.,
4.50%, 11/01/23 (Call 08/01/23)		610			642,044
Enterprise Products Operating LLC
2.80%, 01/31/30 (Call 10/31/29)(a)		653			676,140
3.13%, 07/31/29 (Call 04/30/29)		1,332			1,411,736
3.20%, 02/15/52 (Call 08/15/51)(a)		749			732,960
3.30%, 02/15/53 (Call 08/15/52)		375			374,176
3.35%, 03/15/23 (Call 12/15/22)		848			870,871
3.70%, 02/15/26 (Call 11/15/25)		755			812,133
3.70%, 01/31/51 (Call 07/31/50)		766			808,267
3.75%, 02/15/25 (Call 11/15/24)		1,305			1,392,611
3.90%, 02/15/24 (Call 11/15/23)		1,172			1,236,650
3.95%, 02/15/27 (Call 11/15/26)		620			677,346
3.95%, 01/31/60 (Call 07/31/59)		751			808,389
4.15%, 10/16/28 (Call 07/16/28)		967			1,089,784
4.20%, 01/31/50 (Call 07/31/49)		1,029			1,160,852
4.25%, 02/15/48 (Call 08/15/47)		1,082			1,224,065
4.45%, 02/15/43 (Call 08/15/42)		822			944,280
4.80%, 02/01/49 (Call 08/01/48)		1,003			1,228,502
4.85%, 08/15/42 (Call 02/15/42)		655			796,597
4.85%, 03/15/44 (Call 09/15/43)		1,131			1,369,245
4.90%, 05/15/46 (Call 11/15/45)		786			961,917
4.95%, 10/15/54 (Call 04/15/54)		342			429,469
5.10%, 02/15/45 (Call 08/15/44)		786			983,054
5.38%, 02/15/78 (Call 02/15/28),
(3 mo. LIBOR US + 2.570%)(a)(c)		709			720,688
5.70%, 02/15/42		502			664,024
5.95%, 02/01/41		635			858,349
6.13%, 10/15/39		527			724,572
6.45%, 09/01/40		405			568,872
7.55%, 04/15/38(a)		385			585,842
Series D, 6.88%, 03/01/33		502			688,857
Series E, 5.25%, 08/16/77 (Call 08/16/27), (3 mo. LIBOR US + 3.033%)(c)		746			767,044
Series H, 6.65%, 10/15/34		405			554,510
Series J, 5.75%, 03/01/35		236			296,330
Flex Intermediate Holdco LLC
3.36%, 06/30/31 (Call 12/30/30)(a)(b)		90			90,962
4.32%, 12/30/39 (Call 06/30/39)(b)		95			100,160
Florida Gas Transmission Co. LLC
2.30%, 10/01/31 (Call 07/01/31)(b)		100			98,375
2.55%, 07/01/30 (Call 04/01/30)(b)		766			775,136
4.35%, 07/15/25 (Call 04/15/25)(b)		80			86,975
Galaxy Pipeline Assets Bidco Ltd.
1.75%, 09/30/27(b)		196			196,503
2.16%, 03/31/34(b)		1,670			1,623,034
GNL Quintero SA, 4.63%, 07/31/29(b)		377			397,661
Gray Oak Pipeline LLC
2.00%, 09/15/23(b)		128			129,455
2.60%, 10/15/25 (Call 09/15/25)(b)		355			361,038
3.45%, 10/15/27 (Call 08/15/27)(b)		690			719,097
Gulfstream Natural Gas System LLC
4.60%, 09/15/25 (Call 06/15/25)(b)		75			82,007
5.95%, 10/15/45 (Call 04/15/45)(b)		100			137,009
6.19%, 11/01/25(b)		25			29,026
KazTransGas JSC, 4.38%, 09/26/27(b)		200			217,995

	Par
Security		(000	)		Value
Pipelines (continued)
Kinder Morgan Energy Partners LP
3.45%, 02/15/23 (Call 11/15/22)	$	431		$	441,401
3.50%, 09/01/23 (Call 06/01/23)		352			364,776
4.15%, 02/01/24 (Call 11/01/23)		860			908,622
4.25%, 09/01/24 (Call 06/01/24)		859			918,221
4.30%, 05/01/24 (Call 02/01/24)		765			812,406
4.70%, 11/01/42 (Call 05/01/42)		517			583,386
5.00%, 08/15/42 (Call 02/15/42)		578			674,850
5.00%, 03/01/43 (Call 09/01/42)		690			806,543
5.40%, 09/01/44 (Call 03/01/44)		510			626,086
5.50%, 03/01/44 (Call 09/01/43)		678			835,686
5.63%, 09/01/41		189			237,865
5.80%, 03/15/35		345			433,108
6.38%, 03/01/41		525			704,130
6.50%, 02/01/37(a)		368			494,447
6.50%, 09/01/39		385			521,847
6.55%, 09/15/40		565			771,880
6.95%, 01/15/38		901			1,252,949
7.30%, 08/15/33(a)		373			516,599
7.40%, 03/15/31		229			307,752
7.50%, 11/15/40		321			477,217
7.75%, 03/15/32(a)		272			383,261
Kinder Morgan Inc.
1.75%, 11/15/26 (Call 10/15/26)		1,995			1,979,204
2.00%, 02/15/31 (Call 11/15/30)(a)		622			586,598
3.15%, 01/15/23 (Call 12/15/22)		441			451,291
3.25%, 08/01/50 (Call 02/01/50)		494			467,037
3.60%, 02/15/51 (Call 08/15/50)		626			629,076
4.30%, 06/01/25 (Call 03/01/25)		405			438,842
4.30%, 03/01/28 (Call 12/01/27)		1,202			1,334,423
5.05%, 02/15/46 (Call 08/15/45)		571			682,546
5.20%, 03/01/48 (Call 09/01/47)		726			903,537
5.30%, 12/01/34 (Call 06/01/34)		892			1,079,041
5.55%, 06/01/45 (Call 12/01/44)		883			1,118,392
5.63%, 11/15/23 (Call 08/15/23)(b)		909			975,733
7.75%, 01/15/32		616			869,323
7.80%, 08/01/31(a)		513			717,645
Magellan Midstream Partners LP
3.25%, 06/01/30 (Call 03/01/30)		680			715,483
3.95%, 03/01/50 (Call 09/01/49)		635			683,799
4.20%, 12/01/42 (Call 06/01/42)(a)		136			145,490
4.20%, 03/15/45 (Call 09/15/44)		380			410,482
4.20%, 10/03/47 (Call 04/03/47)		152			168,546
4.25%, 09/15/46 (Call 03/15/46)(a)		430			483,040
4.85%, 02/01/49 (Call 08/01/48)(a)		435			530,434
5.00%, 03/01/26 (Call 12/01/25)		538			603,020
5.15%, 10/15/43 (Call 04/15/43)		601			738,551
6.40%, 05/01/37		30			40,056
Midwest Connector Capital Co. LLC
3.90%, 04/01/24 (Call 03/01/24)(b)		696			721,512
4.63%, 04/01/29 (Call 01/01/29)(a)(b)		710			761,808
MPLX LP
1.75%, 03/01/26 (Call 02/01/26)		1,276			1,262,871
2.65%, 08/15/30 (Call 05/15/30)		1,440			1,427,690
3.38%, 03/15/23 (Call 02/15/23)		552			566,782
4.00%, 02/15/25 (Call 11/15/24)		425			454,357
4.00%, 03/15/28 (Call 12/15/27)		1,127			1,224,892
4.13%, 03/01/27 (Call 12/01/26)		1,342			1,459,745
4.25%, 12/01/27 (Call 09/01/27)		687			756,112
4.50%, 07/15/23 (Call 04/15/23)		732			765,423

70

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Pipelines (continued)
4.50%, 04/15/38 (Call 10/15/37)	$	1,082		$	1,200,779
4.70%, 04/15/48 (Call 10/15/47)(a)		1,148			1,323,767
4.80%, 02/15/29 (Call 11/15/28)		706			800,808
4.88%, 12/01/24 (Call 09/01/24)		1,145			1,244,768
4.88%, 06/01/25 (Call 03/01/25)		1,250			1,367,931
4.90%, 04/15/58 (Call 10/15/57)		398			465,520
5.20%, 03/01/47 (Call 09/01/46)		961			1,171,981
5.20%, 12/01/47 (Call 06/01/47)		556			680,604
5.50%, 02/15/49 (Call 08/15/48)		1,335			1,686,103
NGPL PipeCo LLC
3.25%, 07/15/31 (Call 04/15/31)(b)		100			101,284
4.88%, 08/15/27 (Call 02/15/27)(b)		957			1,068,294
7.77%, 12/15/37(a)(b)		680			967,967
Northern Natural Gas Co.
3.40%, 10/16/51 (Call 04/16/51)(a)(b)		330			347,584
4.10%, 09/15/42 (Call 03/15/42)(b)		200			223,687
4.30%, 01/15/49 (Call 07/15/48)(b)		510			601,938
Northwest Pipeline LLC, 4.00%, 04/01/27 (Call 01/01/27)		665			724,668
ONEOK Inc.
2.20%, 09/15/25 (Call 08/15/25)		395			402,214
2.75%, 09/01/24 (Call 08/01/24)		748			772,793
3.10%, 03/15/30 (Call 12/15/29)(a)		505			519,320
3.40%, 09/01/29 (Call 06/01/29)		536			558,452
4.00%, 07/13/27 (Call 04/13/27)		680			736,091
4.35%, 03/15/29 (Call 12/15/28)		904			992,106
4.45%, 09/01/49 (Call 03/01/49)		435			483,967
4.50%, 03/15/50 (Call 09/15/49)		320			361,381
4.55%, 07/15/28 (Call 04/15/28)(a)		304			339,685
4.95%, 07/13/47 (Call 01/06/47)		569			665,434
5.20%, 07/15/48 (Call 01/15/48)		854			1,029,453
5.85%, 01/15/26 (Call 12/15/25)(a)		460			529,719
6.00%, 06/15/35		45			55,255
6.35%, 01/15/31 (Call 10/15/30)(a)		206			258,829
7.15%, 01/15/51 (Call 07/15/50)		308			452,652
7.50%, 09/01/23 (Call 06/01/23)		115			125,800
ONEOK Partners LP
4.90%, 03/15/25 (Call 12/15/24)		147			161,315
5.00%, 09/15/23 (Call 06/15/23)		756			800,977
6.13%, 02/01/41 (Call 08/01/40)		833			1,058,472
6.20%, 09/15/43 (Call 03/15/43)		468			607,723
6.65%, 10/01/36		274			365,271
6.85%, 10/15/37		140			189,730
Phillips 66 Partners LP
2.45%, 12/15/24 (Call 11/15/24)		590			606,360
3.15%, 12/15/29 (Call 09/15/29)		508			524,653
3.55%, 10/01/26 (Call 07/01/26)		589			628,859
3.75%, 03/01/28 (Call 12/01/27)		33			35,515
4.68%, 02/15/45 (Call 08/15/44)		415			490,644
4.90%, 10/01/46 (Call 04/01/46)(a)		499			613,413
Pipeline Funding Co. LLC, 7.50%, 01/15/30(b)		182			230,290
Plains All American Pipeline LP/PAA Finance Corp.
2.85%, 01/31/23 (Call 10/31/22)		390			397,355
3.55%, 12/15/29 (Call 09/15/29)		844			874,585
3.60%, 11/01/24 (Call 08/01/24)		445			468,537
3.80%, 09/15/30 (Call 06/15/30)(a)		695			729,056
3.85%, 10/15/23 (Call 07/15/23)		1,003			1,043,840
4.30%, 01/31/43 (Call 07/31/42)		495			500,871
4.50%, 12/15/26 (Call 09/15/26)		260			284,230
4.65%, 10/15/25 (Call 07/15/25)		931			1,016,073
4.70%, 06/15/44 (Call 12/15/43)		495			525,094

	Par
Security		(000	)		Value
Pipelines (continued)
4.90%, 02/15/45 (Call 08/15/44)	$	599		$	664,168
5.15%, 06/01/42 (Call 12/01/41)(a)		465			515,498
6.65%, 01/15/37		430			558,949
Sabal Trail Transmission LLC
4.25%, 05/01/28 (Call 02/01/28)(a)(b)		365			410,844
4.68%, 05/01/38 (Call 11/01/37)(a)(b)		294			355,479
4.83%, 05/01/48 (Call 11/01/47)(b)		529			655,722
Sabine Pass Liquefaction LLC
4.20%, 03/15/28 (Call 09/15/27)		1,276			1,400,011
4.50%, 05/15/30 (Call 11/15/29)		1,476			1,669,708
5.00%, 03/15/27 (Call 09/15/26)		773			870,168
5.63%, 04/15/23 (Call 01/15/23)		763			802,065
5.63%, 03/01/25 (Call 12/01/24)		1,545			1,722,695
5.75%, 05/15/24 (Call 02/15/24)(a)		2,055			2,244,526
5.88%, 06/30/26 (Call 12/31/25)		1,393			1,601,903
Southern Natural Gas Co. LLC
4.80%, 03/15/47 (Call 09/15/46)(b)		498			609,094
8.00%, 03/01/32		215			301,771
Spectra Energy Partners LP
3.38%, 10/15/26 (Call 07/15/26)		628			664,280
3.50%, 03/15/25 (Call 12/15/24)		600			634,997
4.50%, 03/15/45 (Call 09/15/44)		554			641,841
4.75%, 03/15/24 (Call 12/15/23)		1,124			1,204,089
5.95%, 09/25/43 (Call 03/25/43)		561			770,217
TC PipeLines LP
3.90%, 05/25/27 (Call 02/25/27)		184			201,805
4.38%, 03/13/25 (Call 12/13/24)		638			689,368
Tennessee Gas Pipeline Co. LLC
2.90%, 03/01/30 (Call 12/01/29)(a)(b)		881			891,757
7.00%, 03/15/27		100			124,417
7.00%, 10/15/28		238			303,388
7.63%, 04/01/37		280			400,109
Texas Eastern Transmission LP
3.50%, 01/15/28 (Call 10/15/27)(b)		720			774,299
4.15%, 01/15/48 (Call 07/15/47)(a)(b)		230			266,023
7.00%, 07/15/32		419			572,271
TransCanada PipeLines Ltd.
1.00%, 10/12/24 (Call 09/12/24)		190			188,562
2.50%, 10/12/31 (Call 07/12/31)		570			560,747
3.75%, 10/16/23 (Call 07/16/23)		1,291			1,347,307
4.10%, 04/15/30 (Call 01/15/30)		641			712,852
4.25%, 05/15/28 (Call 02/15/28)		1,120			1,251,474
4.63%, 03/01/34 (Call 12/01/33)		601			706,362
4.75%, 05/15/38 (Call 11/15/37)		385			458,876
4.88%, 01/15/26 (Call 10/15/25)		1,116			1,247,981
4.88%, 05/15/48 (Call 11/15/47)		647			820,950
5.00%, 10/16/43 (Call 04/16/43)		701			865,069
5.10%, 03/15/49 (Call 09/15/48)(a)		259			344,775
5.60%, 03/31/34		390			486,445
5.85%, 03/15/36		625			806,409
6.10%, 06/01/40		865			1,177,118
6.20%, 10/15/37		505			689,979
7.25%, 08/15/38		825			1,225,541
7.63%, 01/15/39		905			1,408,335
Transcanada Trust
5.30%, 03/15/77 (Call 03/15/27)(a)(c)		1,257			1,303,823
5.50%, 09/15/79 (Call 09/15/29)(a)(c)		913			967,780
5.63%, 05/20/75 (Call 05/20/25)(a)(c)		305			320,250
Series 16-A, 5.88%, 08/15/76 (Call 08/15/26)(c)		491			533,962

 71

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Pipelines (continued)
Transcontinental Gas Pipe Line Co. LLC
3.25%, 05/15/30 (Call 02/15/30)	$	921		$	970,872
3.95%, 05/15/50 (Call 11/15/49)		270			305,437
4.00%, 03/15/28 (Call 12/15/27)		423			463,231
4.45%, 08/01/42 (Call 02/01/42)(a)		451			528,153
4.60%, 03/15/48 (Call 09/15/47)		666			813,206
5.40%, 08/15/41 (Call 02/15/41)		325			418,278
7.85%, 02/01/26 (Call 11/01/25)		905			1,110,376
Transportadora de Gas Internacional SA ESP, 5.55%,
11/01/28 (Call 08/01/28)(b)		190			207,575
Valero Energy Partners LP
4.38%, 12/15/26 (Call 09/15/26)		549			606,106
4.50%, 03/15/28 (Call 12/15/27)		686			761,079
Williams Companies Inc. (The)
2.60%, 03/15/31 (Call 12/15/30)		380			377,276
3.50%, 11/15/30 (Call 08/15/30)		842			893,234
3.70%, 01/15/23 (Call 10/15/22)		646			662,184
3.75%, 06/15/27 (Call 03/15/27)		1,007			1,089,830
3.90%, 01/15/25 (Call 10/15/24)(a)		917			980,072
4.00%, 09/15/25 (Call 06/15/25)		767			827,133
4.30%, 03/04/24 (Call 12/04/23)		1,540			1,634,894
4.50%, 11/15/23 (Call 08/15/23)		962			1,016,736
4.55%, 06/24/24 (Call 03/24/24)		307			329,863
4.85%, 03/01/48 (Call 09/01/47)		408			496,482
4.90%, 01/15/45 (Call 07/15/44)		590			706,451
5.10%, 09/15/45 (Call 03/15/45)		914			1,127,108
5.40%, 03/04/44 (Call 09/04/43)		527			658,543
5.75%, 06/24/44 (Call 12/24/43)		660			860,343
5.80%, 11/15/43 (Call 05/15/43)		505			665,392
6.30%, 04/15/40		432			585,512
7.75%, 06/15/31		142			194,756
8.75%, 03/15/32		608			910,826
Series A, 7.50%, 01/15/31		292			397,444
					232,177,120
Private Equity — 0.1%
Apollo Management Holdings LP
2.65%, 06/05/30 (Call 03/05/30)(a)(b)		894			905,336
4.40%, 05/27/26 (Call 02/27/26)(a)(b)		115			127,623
4.87%, 02/15/29 (Call 11/15/28)(a)(b)		1,230			1,419,516
5.00%, 03/15/48 (Call 09/15/47)(a)(b)		25			33,282
Carlyle Finance LLC, 5.65%, 09/15/48 (Call 03/15/48)(b)		100			139,887
Carlyle Finance Subsidiary LLC, 3.50%, 09/19/29 (Call 06/19/29)(a)(b)		694			751,351
Carlyle Holdings II Finance LLC, 5.63%, 03/30/43(b)		615			811,621
KKR Group Finance Co. III LLC, 5.13%, 06/01/44 (Call 12/01/43)(b)		555			717,681
KKR Group Finance Co. VI LLC, 3.75%, 07/01/29 (Call 04/01/29)(a)(b)		948			1,050,028
KKR Group Finance Co. VII LLC, 3.63%, 02/25/50 (Call 08/25/49)(b)		568			624,671
KKR Group Finance Co. VIII LLC, 3.50%, 08/25/50 (Call 02/25/50)(b)		707			756,440
					7,337,436
Real Estate — 0.1%
Brookfield Asset Management Inc.
4.00%, 01/15/25 (Call 10/15/24)		309			332,717
7.38%, 03/01/33(a)		175			246,466
CBRE Services Inc.
2.50%, 04/01/31 (Call 01/01/31)		588			589,766

	Par
Security		(000	)		Value
Real Estate (continued)
4.88%, 03/01/26 (Call 12/01/25)	$	451		$	506,967
Corp. Inmobiliaria Vesta SAB de CV, 3.63%, 05/13/31 (Call 02/13/31)(b)		230			224,179
Essential Properties LP, 2.95%, 07/15/31 (Call 04/15/31)		395			394,078
GAIF Bond Issuer Pty Ltd., 3.40%, 09/30/26 (Call 06/30/26)(b)		919			987,557
Mitsui Fudosan Co. Ltd., 3.95%, 01/24/29 (Call 10/24/28)(b)		25			27,825
Ontario Teachers’ Cadillac Fairview Properties Trust
2.50%, 10/15/31 (Call 07/15/31)(b)		500			502,520
3.88%, 03/20/27 (Call 12/20/26)(b)		125			136,931
4.13%, 02/01/29 (Call 11/01/28)(b)		785			882,847
Vonovia Finance BV, 5.00%, 10/02/23(b)		25			26,623
					4,858,476
Real Estate Investment Trusts — 3.5%
Agree LP
2.00%, 06/15/28 (Call 04/15/28)(a)		215			212,415
2.60%, 06/15/33 (Call 03/15/33)		265			261,267
2.90%, 10/01/30 (Call 07/01/30)		40			41,001
Alexandria Real Estate Equities Inc.
1.88%, 02/01/33 (Call 11/01/32)(a)		886			834,032
2.00%, 05/18/32 (Call 02/18/32)		780			752,445
2.75%, 12/15/29 (Call 09/15/29)(a)		360			375,031
3.00%, 05/18/51 (Call 11/18/50)		1,002			1,012,811
3.38%, 08/15/31 (Call 05/15/31)		712			771,593
3.45%, 04/30/25 (Call 02/28/25)		589			629,882
3.80%, 04/15/26 (Call 02/15/26)		481			523,595
3.95%, 01/15/27 (Call 10/15/26)(a)		295			321,931
3.95%, 01/15/28 (Call 10/15/27)		220			244,851
4.00%, 02/01/50 (Call 08/01/49)		678			800,283
4.30%, 01/15/26 (Call 10/15/25)		250			276,150
4.50%, 07/30/29 (Call 04/30/29)		439			505,347
4.70%, 07/01/30 (Call 04/01/30)		371			435,310
4.85%, 04/15/49 (Call 10/15/48)		127			167,409
4.90%, 12/15/30 (Call 09/15/30)		332			400,309
American Assets Trust LP, 3.38%, 02/01/31 (Call 11/01/30)		255			261,361
American Campus Communities Operating Partnership LP
2.25%, 01/15/29 (Call 11/15/28)		100			99,105
2.85%, 02/01/30 (Call 11/01/29)		520			535,224
3.30%, 07/15/26 (Call 05/15/26)(a)		170			180,928
3.63%, 11/15/27 (Call 08/15/27)		486			524,484
3.75%, 04/15/23 (Call 01/15/23)		589			607,423
3.88%, 01/30/31 (Call 10/30/30)		277			307,467
4.13%, 07/01/24 (Call 04/01/24)		390			417,724
American Homes 4 Rent LP
2.38%, 07/15/31 (Call 04/15/31)		382			377,861
3.38%, 07/15/51 (Call 01/15/51)		675			697,047
4.25%, 02/15/28 (Call 11/15/27)		330			367,980
4.90%, 02/15/29 (Call 11/15/28)		402			469,569
American Tower Corp.
0.60%, 01/15/24		683			674,976
1.30%, 09/15/25 (Call 08/15/25)		424			418,072
1.45%, 09/15/26 (Call 08/15/26)		290			283,689
1.50%, 01/31/28 (Call 11/30/27)		475			452,334
1.60%, 04/15/26 (Call 03/15/26)		420			414,598
1.88%, 10/15/30 (Call 07/15/30)		804			757,891
2.10%, 06/15/30 (Call 03/15/30)		958			919,730
2.30%, 09/15/31 (Call 06/15/31)(a)		835			808,473
2.40%, 03/15/25 (Call 02/15/25)		911			933,238

72

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Real Estate Investment Trusts (continued)
2.70%, 04/15/31 (Call 01/15/31)(a)	$	509		$	511,383
2.75%, 01/15/27 (Call 11/15/26)(a)		708			731,716
2.90%, 01/15/30 (Call 10/15/29)		750			765,105
2.95%, 01/15/25 (Call 12/15/24)		701			729,352
2.95%, 01/15/51 (Call 07/15/50)		1,019			957,833
3.00%, 06/15/23		458			471,865
3.10%, 06/15/50 (Call 12/15/49)(a)		1,085			1,049,583
3.13%, 01/15/27 (Call 10/15/26)		412			431,395
3.38%, 05/15/24 (Call 04/15/24)		509			533,248
3.38%, 10/15/26 (Call 07/15/26)		888			942,065
3.50%, 01/31/23		636			654,599
3.55%, 07/15/27 (Call 04/15/27)		400			427,792
3.60%, 01/15/28 (Call 10/15/27)		667			716,732
3.70%, 10/15/49 (Call 04/15/49)		727			776,262
3.80%, 08/15/29 (Call 05/15/29)		1,296			1,406,408
3.95%, 03/15/29 (Call 12/15/28)		563			614,230
4.00%, 06/01/25 (Call 03/01/25)		510			548,089
4.40%, 02/15/26 (Call 11/15/25)		642			702,658
5.00%, 02/15/24		729			787,415
AvalonBay Communities Inc.
1.90%, 12/01/28 (Call 10/01/28)		325			321,815
2.05%, 01/15/32 (Call 10/15/31)(a)		605			596,813
2.30%, 03/01/30 (Call 12/01/29)(a)		440			444,357
2.45%, 01/15/31 (Call 10/17/30)		625			641,250
2.85%, 03/15/23 (Call 12/15/22)		30			30,632
2.90%, 10/15/26 (Call 07/15/26)		400			423,166
2.95%, 05/11/26 (Call 02/11/26)		528			559,260
3.20%, 01/15/28 (Call 10/15/27)		116			125,346
3.30%, 06/01/29 (Call 03/01/29)		395			430,289
3.35%, 05/15/27 (Call 02/15/27)(a)		522			564,698
3.45%, 06/01/25 (Call 03/03/25)		350			372,896
3.50%, 11/15/24 (Call 08/15/24)		279			296,777
3.50%, 11/15/25 (Call 08/15/25)		25			26,843
3.90%, 10/15/46 (Call 04/15/46)		282			338,520
4.15%, 07/01/47 (Call 01/01/47)		284			350,467
4.20%, 12/15/23 (Call 09/16/23)		416			441,204
4.35%, 04/15/48 (Call 10/18/47)		207			268,271
Boston Properties LP
2.45%, 10/01/33 (Call 07/01/33)(a)		530			511,201
2.55%, 04/01/32 (Call 01/01/32)		971			967,432
2.75%, 10/01/26 (Call 07/01/26)		436			453,948
2.90%, 03/15/30 (Call 12/15/29)		1,015			1,039,045
3.13%, 09/01/23 (Call 06/01/23)		237			244,876
3.20%, 01/15/25 (Call 10/15/24)		365			383,161
3.25%, 01/30/31 (Call 10/30/30)		907			947,670
3.40%, 06/21/29 (Call 03/21/29)		395			420,653
3.65%, 02/01/26 (Call 11/03/25)		1,419			1,525,875
3.80%, 02/01/24 (Call 11/01/23)		575			603,091
4.50%, 12/01/28 (Call 09/01/28)		799			908,787
Brandywine Operating Partnership LP
3.95%, 11/15/27 (Call 08/15/27)		375			404,542
4.10%, 10/01/24 (Call 07/01/24)		253			269,403
4.55%, 10/01/29 (Call 07/01/29)(a)		369			410,372
Brixmor Operating Partnership LP
2.25%, 04/01/28 (Call 02/01/28)		150			150,251
2.50%, 08/16/31 (Call 05/16/31)		615			598,802
3.65%, 06/15/24 (Call 04/15/24)		690			727,508
3.85%, 02/01/25 (Call 11/01/24)		364			387,514
3.90%, 03/15/27 (Call 12/15/26)		435			472,841
4.05%, 07/01/30 (Call 04/01/30)		683			750,403

	Par
Security		(000	)		Value
Real Estate Investment Trusts (continued)
4.13%, 06/15/26 (Call 03/15/26)	$	135		$	147,158
4.13%, 05/15/29 (Call 02/15/29)		280			311,691
Broadstone Net Lease LLC, 2.60%, 09/15/31
(Call 06/15/31)		345			338,072
Camden Property Trust
2.80%, 05/15/30 (Call 02/15/30)		775			814,458
3.15%, 07/01/29 (Call 04/01/29)		199			212,953
3.35%, 11/01/49 (Call 05/01/49)		340			381,489
4.10%, 10/15/28 (Call 07/15/28)		265			302,013
4.25%, 01/15/24 (Call 10/15/23)		273			288,234
4.88%, 06/15/23 (Call 03/15/23)		81			85,148
CC Holdings GS V LLC/Crown Castle GS III Corp., 3.85%,
04/15/23		640			664,078
Columbia Property Trust Operating Partnership LP
3.65%, 08/15/26 (Call 05/15/26)(a)		395			417,623
4.15%, 04/01/25 (Call 01/01/25)		185			198,216
Corporate Office Properties LP
2.00%, 01/15/29 (Call 11/15/28)		765			740,430
2.25%, 03/15/26 (Call 02/15/26)		115			116,375
2.75%, 04/15/31 (Call 01/15/31)(a)		45			45,121
2.90%, 12/01/33 (Call 09/01/33)		200			196,982
Crown Castle International Corp.
1.05%, 07/15/26 (Call 06/15/26)		1,086			1,048,387
1.35%, 07/15/25 (Call 06/15/25)		149			147,491
2.10%, 04/01/31 (Call 01/01/31)		742			708,395
2.25%, 01/15/31 (Call 10/15/30)		773			747,341
2.50%, 07/15/31 (Call 04/15/31)		625			617,024
2.90%, 04/01/41 (Call 10/01/40)		1,055			1,017,051
3.10%, 11/15/29 (Call 08/15/29)(a)		523			543,551
3.15%, 07/15/23 (Call 06/15/23)		465			480,842
3.20%, 09/01/24 (Call 07/01/24)		902			944,429
3.25%, 01/15/51 (Call 07/15/50)		847			845,223
3.30%, 07/01/30 (Call 04/01/30)		743			780,257
3.65%, 09/01/27 (Call 06/01/27)		656			705,357
3.70%, 06/15/26 (Call 03/15/26)		623			669,199
3.80%, 02/15/28 (Call 11/15/27)		850			924,828
4.00%, 03/01/27 (Call 12/01/26)		451			492,068
4.00%, 11/15/49 (Call 05/15/49)		185			204,921
4.15%, 07/01/50 (Call 01/01/50)		411			468,939
4.30%, 02/15/29 (Call 11/15/28)		620			690,008
4.45%, 02/15/26 (Call 11/15/25)		966			1,061,024
4.75%, 05/15/47 (Call 11/15/46)(a)		524			649,754
5.20%, 02/15/49 (Call 08/15/48)(a)		508			664,313
CubeSmart LP
2.00%, 02/15/31 (Call 11/15/30)		235			229,037
2.25%, 12/15/28 (Call 10/15/28)		545			547,011
2.50%, 02/15/32 (Call 11/15/31)		620			615,952
3.00%, 02/15/30 (Call 11/15/29)		344			362,001
3.13%, 09/01/26 (Call 06/01/26)(a)		127			134,080
4.00%, 11/15/25 (Call 08/15/25)		368			398,561
4.38%, 02/15/29 (Call 11/15/28)		330			376,098
CyrusOne LP/CyrusOne Finance Corp.
2.15%, 11/01/30 (Call 08/01/30)(a)		499			489,469
2.90%, 11/15/24 (Call 10/15/24)		789			818,335
3.45%, 11/15/29 (Call 08/15/29)(a)		739			788,313
Digital Realty Trust LP
3.60%, 07/01/29 (Call 04/01/29)(a)		1,006			1,098,804
3.70%, 08/15/27 (Call 05/15/27)(a)		967			1,053,910
4.45%, 07/15/28 (Call 04/15/28)(a)		435			494,188
4.75%, 10/01/25 (Call 07/01/25)(a)		534			594,838

 73

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Real Estate Investment Trusts (continued)
Duke Realty LP
1.75%, 07/01/30 (Call 04/01/30)	$	466		$	446,756
1.75%, 02/01/31 (Call 11/01/30)(a)		520			495,221
2.25%, 01/15/32 (Call 10/15/31)		515			504,317
2.88%, 11/15/29 (Call 08/15/29)		298			312,606
3.05%, 03/01/50 (Call 09/01/49)		407			412,489
3.25%, 06/30/26 (Call 03/30/26)		25			26,727
3.38%, 12/15/27 (Call 09/15/27)		314			338,617
3.75%, 12/01/24 (Call 09/01/24)		433			461,849
4.00%, 09/15/28 (Call 06/15/28)		369			412,476
EPR Properties
3.75%, 08/15/29 (Call 05/15/29)		400			409,598
4.50%, 04/01/25 (Call 01/01/25)		200			213,857
4.50%, 06/01/27 (Call 03/01/27)		300			320,427
4.75%, 12/15/26 (Call 09/15/26)		300			323,726
4.95%, 04/15/28 (Call 01/15/28)		300			328,381
Equinix Inc.
1.00%, 09/15/25 (Call 08/15/25)		780			757,031
1.25%, 07/15/25 (Call 06/15/25)		468			459,168
1.45%, 05/15/26 (Call 04/15/26)		525			512,553
1.55%, 03/15/28 (Call 01/15/28)		296			285,293
1.80%, 07/15/27 (Call 05/15/27)		770			752,675
2.00%, 05/15/28 (Call 03/15/28)		575			565,595
2.15%, 07/15/30 (Call 04/15/30)		1,100			1,066,152
2.50%, 05/15/31 (Call 02/15/31)		831			822,510
2.63%, 11/18/24 (Call 10/18/24)		799			823,792
2.90%, 11/18/26 (Call 09/18/26)		517			536,420
2.95%, 09/15/51 (Call 03/15/51)		552			529,212
3.00%, 07/15/50 (Call 01/15/50)		569			542,910
3.20%, 11/18/29 (Call 08/18/29)		989			1,035,193
3.40%, 02/15/52 (Call 08/15/51)(a)		465			478,841
ERP Operating LP
1.85%, 08/01/31 (Call 05/01/31)(a)		160			155,008
2.50%, 02/15/30 (Call 11/15/29)(a)		715			733,163
2.85%, 11/01/26 (Call 08/01/26)		450			474,118
3.00%, 04/15/23 (Call 01/15/23)		120			123,158
3.00%, 07/01/29 (Call 04/01/29)		120			127,669
3.25%, 08/01/27 (Call 05/01/27)		195			209,125
3.50%, 03/01/28 (Call 12/01/27)		477			520,040
4.00%, 08/01/47 (Call 02/01/47)(a)		120			146,017
4.15%, 12/01/28 (Call 09/01/28)		573			648,264
4.50%, 07/01/44 (Call 01/01/44)		644			817,281
4.50%, 06/01/45 (Call 12/01/44)(a)		145			186,114
Essex Portfolio LP
1.65%, 01/15/31 (Call 10/15/30)(a)		460			431,272
1.70%, 03/01/28 (Call 01/01/28)(a)		175			170,838
2.55%, 06/15/31 (Call 03/15/31)(a)		100			100,866
2.65%, 03/15/32 (Call 12/15/31)		783			789,773
2.65%, 09/01/50 (Call 03/01/50)		255			235,897
3.00%, 01/15/30 (Call 10/15/29)(a)		307			322,892
3.25%, 05/01/23 (Call 02/01/23)		155			159,433
3.38%, 04/15/26 (Call 01/15/26)		353			376,312
3.50%, 04/01/25 (Call 01/01/25)(a)		700			742,717
3.63%, 05/01/27 (Call 02/01/27)(a)		391			425,285
3.88%, 05/01/24 (Call 02/01/24)		525			555,224
4.00%, 03/01/29 (Call 12/01/28)		436			487,300
4.50%, 03/15/48 (Call 09/15/47)		200			249,473
Extra Space Storage LP
2.35%, 03/15/32 (Call 12/15/31)		460			446,801
2.55%, 06/01/31 (Call 03/01/31)		730			725,175

	Par
Security		(000	)		Value
Real Estate Investment Trusts (continued)
Federal Realty Investment Trust
1.25%, 02/15/26 (Call 01/15/26)	$	442		$	435,364
2.75%, 06/01/23 (Call 03/01/23)(a)		150			153,627
3.20%, 06/15/29 (Call 03/15/29)(a)		560			594,765
3.25%, 07/15/27 (Call 04/15/27)		85			90,348
3.50%, 06/01/30 (Call 03/01/30)(a)		394			423,789
3.63%, 08/01/46 (Call 02/01/46)(a)		384			415,068
3.95%, 01/15/24 (Call 10/15/23)		305			321,472
4.50%, 12/01/44 (Call 06/01/44)		382			461,239
GLP Capital LP/GLP Financing II Inc.
3.35%, 09/01/24 (Call 08/01/24)		505			524,498
4.00%, 01/15/30 (Call 10/15/29)		740			779,832
4.00%, 01/15/31 (Call 10/15/30)		608			644,261
5.25%, 06/01/25 (Call 03/01/25)		209			229,959
5.30%, 01/15/29 (Call 10/15/28)		990			1,129,857
5.38%, 11/01/23 (Call 08/01/23)		491			522,311
5.38%, 04/15/26 (Call 01/15/26)		639			708,868
5.75%, 06/01/28 (Call 03/03/28)		535			618,080
Goodman U.S. Finance Four LLC, 4.50%, 10/15/37
(Call 04/15/37)(b)		10			11,766
Goodman U.S. Finance Three LLC, 3.70%, 03/15/28
(Call 12/15/27)(b)		125			135,307
Healthcare Realty Trust Inc.
2.05%, 03/15/31 (Call 12/15/30)(a)		125			120,757
2.40%, 03/15/30 (Call 12/15/29)(a)		240			239,512
3.63%, 01/15/28 (Call 10/15/27)		350			382,579
3.88%, 05/01/25 (Call 02/01/25)		425			454,007
Healthcare Trust of America Holdings LP
2.00%, 03/15/31 (Call 12/15/30)(a)		712			671,806
3.10%, 02/15/30 (Call 11/15/29)		762			790,935
3.50%, 08/01/26 (Call 05/01/26)		355			381,173
3.75%, 07/01/27 (Call 04/01/27)(a)		365			397,958
Healthpeak Properties Inc.
1.35%, 02/01/27 (Call 01/01/27)		423			412,588
2.13%, 12/01/28 (Call 10/01/28)		635			634,326
2.88%, 01/15/31 (Call 10/15/30)		313			324,867
3.00%, 01/15/30 (Call 10/15/29)		666			700,287
3.25%, 07/15/26 (Call 05/15/26)		280			299,119
3.40%, 02/01/25 (Call 11/01/24)		38			40,197
3.50%, 07/15/29 (Call 04/15/29)		210			228,758
4.00%, 06/01/25 (Call 03/01/25)		492			532,310
6.75%, 02/01/41 (Call 08/01/40)		592			897,402
Highwoods Realty LP
2.60%, 02/01/31 (Call 11/01/30)(a)		240			239,771
3.05%, 02/15/30 (Call 11/15/29)		501			512,268
4.13%, 03/15/28 (Call 12/15/27)		322			358,010
4.20%, 04/15/29 (Call 01/15/29)		379			419,717
Host Hotels & Resorts LP
3.88%, 04/01/24 (Call 02/01/24)		298			313,056
Series D, 3.75%, 10/15/23 (Call 12/08/21)		515			539,757
Series E, 4.00%, 06/15/25 (Call 03/15/25)		395			419,022
Series F, 4.50%, 02/01/26 (Call 11/01/25)		275			297,553
Series H, 3.38%, 12/15/29 (Call 09/15/29)		661			677,860
Series I, 3.50%, 09/15/30 (Call 06/15/30)		70			71,692
Series J, 2.90%, 12/15/31 (Call 09/15/31)		200			193,965
Hudson Pacific Properties LP
3.25%, 01/15/30 (Call 10/15/29)		615			643,624
3.95%, 11/01/27 (Call 08/01/27)		435			469,216
4.65%, 04/01/29 (Call 01/01/29)(a)		419			477,485

74

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Real Estate Investment Trusts (continued)
Invitation Homes Operating Partnership LP
2.00%, 08/15/31 (Call 05/15/31)	$	140		$	132,743
2.30%, 11/15/28 (Call 09/15/28)		140			138,889
2.70%, 01/15/34 (Call 10/15/33)		200			197,567
Kilroy Realty LP
2.50%, 11/15/32 (Call 08/15/32)		403			396,744
2.65%, 11/15/33 (Call 08/15/33)		400			390,483
3.05%, 02/15/30 (Call 11/15/29)		327			339,209
3.45%, 12/15/24 (Call 09/15/24)		435			455,011
4.25%, 08/15/29 (Call 05/15/29)(a)		165			183,774
4.38%, 10/01/25 (Call 07/01/25)		275			300,869
4.75%, 12/15/28 (Call 09/15/28)		475			546,426
Kimco Realty Corp.
1.90%, 03/01/28 (Call 01/01/28)		378			373,313
2.25%, 12/01/31 (Call 09/01/31)(a)		320			311,189
2.70%, 03/01/24 (Call 01/01/24)		540			555,647
2.70%, 10/01/30 (Call 07/01/30)		472			484,735
2.80%, 10/01/26 (Call 07/01/26)		357			374,858
3.25%, 08/15/26 (Call 05/15/26)		65			68,707
3.30%, 02/01/25 (Call 12/01/24)		754			796,817
3.50%, 04/15/23 (Call 01/15/23)		100			102,951
3.70%, 10/01/49 (Call 04/01/49)		566			618,986
3.80%, 04/01/27 (Call 01/01/27)(a)		575			626,506
4.13%, 12/01/46 (Call 06/01/46)(a)		331			383,067
4.25%, 04/01/45 (Call 10/01/44)		169			199,121
4.45%, 09/01/47 (Call 03/01/47)		190			232,086
Kite Realty Group LP, 4.00%, 10/01/26 (Call 07/01/26)(a)		25			26,789
Kite Realty Group Trust
4.00%, 03/15/25 (Call 12/15/24)		205			215,422
4.75%, 09/15/30 (Call 06/15/30)		380			421,013
Lexington Realty Trust
2.38%, 10/01/31 (Call 07/01/31)		575			552,141
2.70%, 09/15/30 (Call 06/15/30)		435			437,599
Life Storage LP
2.20%, 10/15/30 (Call 07/15/30)(a)		229			226,245
2.40%, 10/15/31 (Call 07/15/31)		130			127,574
3.88%, 12/15/27 (Call 09/15/27)		433			479,733
4.00%, 06/15/29 (Call 03/15/29)		597			657,170
LifeStorage LP/CA, 3.50%, 07/01/26 (Call 04/01/26)		730			785,164
Mid-America Apartments LP
1.10%, 09/15/26 (Call 08/15/26)(a)		200			194,414
1.70%, 02/15/31 (Call 11/15/30)		507			480,232
2.75%, 03/15/30 (Call 12/15/29)		380			391,307
2.88%, 09/15/51 (Call 03/15/51)		260			258,675
3.60%, 06/01/27 (Call 03/01/27)		250			271,216
3.75%, 06/15/24 (Call 03/15/24)		151			159,978
3.95%, 03/15/29 (Call 12/15/28)		206			231,334
4.00%, 11/15/25 (Call 08/15/25)		25			27,257
4.20%, 06/15/28 (Call 03/15/28)		545			615,373
4.30%, 10/15/23 (Call 07/15/23)		385			405,116
National Health Investors Inc., 3.00%, 02/01/31
(Call 11/01/30)		380			367,554
National Retail Properties Inc.
2.50%, 04/15/30 (Call 01/15/30)(a)		294			297,006
3.00%, 04/15/52 (Call 10/15/51)		40			38,951
3.10%, 04/15/50 (Call 10/15/49)		268			267,274
3.50%, 10/15/27 (Call 07/15/27)		35			37,569
3.50%, 04/15/51 (Call 10/15/50)		275			294,466
3.60%, 12/15/26 (Call 09/15/26)		161			172,939
3.90%, 06/15/24 (Call 03/15/24)		200			212,729

	Par
Security		(000	)		Value
Real Estate Investment Trusts (continued)
4.00%, 11/15/25 (Call 08/15/25)	$	357		$	389,400
4.30%, 10/15/28 (Call 07/15/28)		557			629,756
4.80%, 10/15/48 (Call 04/15/48)		345			443,214
Office Properties Income Trust
2.40%, 02/01/27 (Call 01/01/27)(a)		1,020			992,176
2.65%, 06/15/26 (Call 05/15/26)		290			288,916
3.45%, 10/15/31 (Call 07/15/31)		225			219,125
4.25%, 05/15/24 (Call 02/15/24)		384			402,201
4.50%, 02/01/25 (Call 11/01/24)		589			623,634
Omega Healthcare Investors Inc.
3.25%, 04/15/33 (Call 01/15/33)(a)		410			398,905
3.38%, 02/01/31 (Call 11/01/30)		319			321,222
3.63%, 10/01/29 (Call 07/01/29)		908			949,931
4.38%, 08/01/23 (Call 06/01/23)		474			496,515
4.50%, 01/15/25 (Call 10/15/24)		440			472,552
4.50%, 04/01/27 (Call 01/01/27)		175			192,409
4.75%, 01/15/28 (Call 10/15/27)		445			493,313
4.95%, 04/01/24 (Call 01/01/24)		125			134,181
5.25%, 01/15/26 (Call 10/15/25)		778			868,995
Phillips Edison Grocery Center Operating Partnership I LP,
2.63%, 11/15/31 (Call 08/15/31)		415			407,398
Physicians Realty LP
2.63%, 11/01/31 (Call 08/01/31)		315			314,620
3.95%, 01/15/28 (Call 10/15/27)		400			441,293
4.30%, 03/15/27 (Call 12/15/26)(a)		438			488,748
Piedmont Operating Partnership LP
2.75%, 04/01/32 (Call 01/01/32)		335			330,496
3.15%, 08/15/30 (Call 05/15/30)		36			37,118
Prologis LP
1.25%, 10/15/30 (Call 07/15/30)(a)		508			472,643
1.63%, 03/15/31 (Call 12/15/30)(a)		352			336,717
2.13%, 04/15/27 (Call 02/15/27)		471			481,061
2.13%, 10/15/50 (Call 04/15/50)		376			329,623
2.25%, 04/15/30 (Call 01/15/30)		841			850,058
3.00%, 04/15/50 (Call 10/15/49)(a)		569			592,459
3.25%, 10/01/26 (Call 07/01/26)		538			578,570
3.88%, 09/15/28 (Call 06/15/28)		65			73,567
4.38%, 02/01/29 (Call 11/01/28)		369			428,042
4.38%, 09/15/48 (Call 03/15/48)		365			475,765
Public Storage
0.88%, 02/15/26 (Call 01/15/26)		801			781,973
1.50%, 11/09/26 (Call 10/09/26)		375			373,656
1.85%, 05/01/28 (Call 03/01/28)		530			528,698
1.95%, 11/09/28 (Call 09/09/28)		365			362,923
2.25%, 11/09/31 (Call 08/09/31)		250			248,865
2.30%, 05/01/31 (Call 02/01/31)		710			715,224
3.09%, 09/15/27 (Call 06/15/27)		789			845,704
3.39%, 05/01/29 (Call 02/01/29)		535			587,651
Rayonier LP, 2.75%, 05/17/31 (Call 02/17/31)		305			303,715
Realty Income Corp.
0.75%, 03/15/26 (Call 02/15/26)(a)		365			352,585
1.80%, 03/15/33 (Call 12/15/32)		435			411,531
2.20%, 06/15/28 (Call 04/15/28)		537			541,930
2.85%, 12/15/32 (Call 09/15/32)		722			753,155
3.00%, 01/15/27 (Call 10/15/26)		201			212,938
3.10%, 12/15/29 (Call 09/15/29)		575			617,784
3.25%, 06/15/29 (Call 03/15/29)(a)		466			507,268
3.25%, 01/15/31 (Call 10/15/30)		885			951,003
3.40%, 01/15/28 (Call 11/15/27)		558			599,860
3.65%, 01/15/28 (Call 10/15/27)		497			546,226

 75

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Real Estate Investment Trusts (continued)
3.88%, 07/15/24 (Call 04/15/24)	$	513		$	546,807
3.88%, 04/15/25 (Call 02/15/25)		378			409,656
3.95%, 08/15/27 (Call 05/15/27)		596			665,712
4.13%, 10/15/26 (Call 07/15/26)		486			541,967
4.60%, 02/06/24 (Call 11/06/23)		310			331,058
4.63%, 11/01/25 (Call 09/01/25)		846			941,265
4.65%, 08/01/23 (Call 05/01/23)		597			630,380
4.65%, 03/15/47 (Call 09/15/46)		571			748,635
4.88%, 06/01/26 (Call 03/01/26)		450			508,376
5.88%, 03/15/35		160			211,562
Regency Centers LP
2.95%, 09/15/29 (Call 06/15/29)		571			593,295
3.60%, 02/01/27 (Call 11/01/26)		483			522,011
3.70%, 06/15/30 (Call 03/15/30)		428			467,778
3.90%, 11/01/25 (Call 08/01/25)		420			449,856
4.13%, 03/15/28 (Call 12/15/27)		121			134,847
4.40%, 02/01/47 (Call 08/01/46)		148			178,290
4.65%, 03/15/49 (Call 09/15/48)		415			523,176
Retail Opportunity Investments Partnership LP
4.00%, 12/15/24 (Call 09/15/24)		150			158,353
5.00%, 12/15/23 (Call 09/15/23)		150			159,464
Rexford Industrial Realty LP
2.13%, 12/01/30 (Call 09/01/30)		565			538,850
2.15%, 09/01/31 (Call 06/01/31)		250			239,005
Sabra Health Care LP
3.20%, 12/01/31 (Call 09/01/31)		305			299,263
3.90%, 10/15/29 (Call 07/15/29)		362			381,750
5.13%, 08/15/26 (Call 05/15/26)		681			753,629
Safehold Operating Partnership LP
2.80%, 06/15/31 (Call 03/15/31)		555			551,732
2.85%, 01/15/32 (Call 08/15/31)		25			24,458
Scentre Group Trust 1/Scentre Group Trust 2
3.25%, 10/28/25 (Call 07/30/25)(a)(b)		645			681,849
3.50%, 02/12/25 (Call 11/14/24)(a)(b)		577			611,187
3.63%, 01/28/26 (Call 12/28/25)(a)(b)		681			731,427
4.38%, 05/28/30 (Call 02/28/30)(a)(b)		1,025			1,182,665
Scentre Group Trust 2
4.75%, 09/24/80 (Call 06/24/26)(b)(c)		993			1,037,586
5.13%, 09/24/80 (Call 06/24/30)(b)(c)		275			293,219
Simon Property Group LP
1.38%, 01/15/27 (Call 10/15/26)		805			788,274
1.75%, 02/01/28 (Call 11/01/27)		600			587,897
2.00%, 09/13/24 (Call 06/13/24)		847			864,515
2.20%, 02/01/31 (Call 11/01/30)(a)		745			731,452
2.25%, 01/15/32 (Call 10/15/31)		200			194,585
2.45%, 09/13/29 (Call 06/13/29)(a)		199			201,888
2.65%, 07/15/30 (Call 04/15/30)(a)		284			289,870
2.75%, 06/01/23 (Call 03/01/23)		582			596,339
3.25%, 11/30/26 (Call 08/30/26)		619			663,005
3.25%, 09/13/49 (Call 03/13/49)(a)		867			899,403
3.30%, 01/15/26 (Call 10/15/25)		200			213,756
3.38%, 10/01/24 (Call 07/01/24)(a)		794			839,731
3.38%, 06/15/27 (Call 03/15/27)(a)		689			742,144
3.38%, 12/01/27 (Call 09/01/27)(a)		687			738,324
3.50%, 09/01/25 (Call 06/01/25)		1,025			1,096,742
3.75%, 02/01/24 (Call 11/01/23)(a)		647			680,792
3.80%, 07/15/50 (Call 01/15/50)		767			863,693
4.25%, 10/01/44 (Call 04/01/44)(a)		366			433,013
4.25%, 11/30/46 (Call 05/30/46)		360			430,385
4.75%, 03/15/42 (Call 09/15/41)(a)		318			397,983

	Par
Security		(000	)		Value
Real Estate Investment Trusts (continued)
6.75%, 02/01/40 (Call 11/01/39)	$	524		$	782,191
SITE Centers Corp.
3.63%, 02/01/25 (Call 11/01/24)		583			613,067
4.25%, 02/01/26 (Call 11/01/25)		213			227,899
4.70%, 06/01/27 (Call 03/01/27)		522			581,852
SL Green Realty Corp., 4.50%, 12/01/22 (Call 09/01/22)		160			163,798
Spirit Realty LP
2.10%, 03/15/28 (Call 01/15/28)		465			455,960
2.70%, 02/15/32 (Call 11/15/31)(a)		466			464,715
3.20%, 01/15/27 (Call 11/15/26)		190			199,435
3.20%, 02/15/31 (Call 11/15/30)(a)		300			309,017
3.40%, 01/15/30 (Call 10/15/29)		421			440,781
4.00%, 07/15/29 (Call 04/15/29)		421			465,027
4.45%, 09/15/26 (Call 06/15/26)		307			340,037
STORE Capital Corp.
2.70%, 12/01/31 (Call 09/01/31)		215			211,822
2.75%, 11/18/30 (Call 08/18/30)(a)		185			185,989
4.50%, 03/15/28 (Call 12/15/27)		245			271,972
4.63%, 03/15/29 (Call 12/15/28)		506			571,811
Sun Communities Operating LP
2.30%, 11/01/28 (Call 09/01/28)		350			349,297
2.70%, 07/15/31 (Call 04/15/31)		930			931,448
Tanger Properties LP
2.75%, 09/01/31 (Call 06/01/31)(a)		415			398,009
3.13%, 09/01/26 (Call 06/01/26)		66			68,577
3.88%, 07/15/27 (Call 04/15/27)(a)		245			263,279
Trust Fibra Uno
4.87%, 01/15/30 (Call 10/30/29)(b)		320			340,403
6.39%, 01/15/50 (Call 07/15/49)(b)		600			691,800
6.95%, 01/30/44 (Call 07/30/43)(a)(b)		710			860,882
UDR Inc.
1.90%, 03/15/33 (Call 12/15/32)		358			333,604
2.10%, 08/01/32 (Call 05/01/32)		265			252,885
2.10%, 06/15/33 (Call 03/15/33)(a)		455			432,785
2.95%, 09/01/26 (Call 06/01/26)		242			253,350
3.00%, 08/15/31 (Call 05/15/31)		343			357,413
3.10%, 11/01/34 (Call 08/01/34)(a)		408			426,085
3.20%, 01/15/30 (Call 10/15/29)		702			747,912
3.50%, 07/01/27 (Call 04/01/27)		125			133,868
3.50%, 01/15/28 (Call 10/15/27)		319			345,341
4.40%, 01/26/29 (Call 10/26/28)		490			553,064
Ventas Realty LP
2.50%, 09/01/31 (Call 06/01/31)		640			632,278
2.65%, 01/15/25 (Call 12/15/24)(a)		325			337,115
3.00%, 01/15/30 (Call 10/15/29)		731			755,726
3.25%, 10/15/26 (Call 07/15/26)(a)		656			699,974
3.50%, 04/15/24 (Call 03/15/24)		393			413,595
3.50%, 02/01/25 (Call 11/01/24)		208			220,292
3.75%, 05/01/24 (Call 02/01/24)		282			296,719
3.85%, 04/01/27 (Call 01/01/27)(a)		570			621,581
4.00%, 03/01/28 (Call 12/01/27)		380			419,406
4.13%, 01/15/26 (Call 10/15/25)		495			541,842
4.38%, 02/01/45 (Call 08/01/44)(a)		280			330,028
4.40%, 01/15/29 (Call 10/15/28)		723			815,219
4.75%, 11/15/30 (Call 08/15/30)(a)		341			399,490
4.88%, 04/15/49 (Call 10/15/48)		239			305,385
5.70%, 09/30/43 (Call 03/30/43)		206			277,330
Vornado Realty LP
3.40%, 06/01/31 (Call 03/01/31)		35			36,081
3.50%, 01/15/25 (Call 11/15/24)		87			91,235

76

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Real Estate Investment Trusts (continued)
WEA Finance LLC
2.88%, 01/15/27 (Call 11/15/26)(b)	$	370		$	380,825
3.50%, 06/15/29 (Call 03/15/29)(b)		630			652,691
4.13%, 09/20/28 (Call 06/20/28)(a)(b)		231			249,898
4.63%, 09/20/48 (Call 03/20/48)(a)(b)		437			482,844
WEA Finance LLC/Westfield UK & Europe Finance PLC
3.75%, 09/17/24 (Call 06/17/24)(a)(b)		559			588,852
4.75%, 09/17/44 (Call 03/17/44)(a)(b)		575			634,042
Welltower Inc.
2.05%, 01/15/29 (Call 11/15/28)		555			546,421
2.70%, 02/15/27 (Call 12/15/26)		718			746,539
2.75%, 01/15/31 (Call 10/15/30)(a)		458			471,075
2.75%, 01/15/32 (Call 10/15/31)		500			504,350
2.80%, 06/01/31 (Call 03/01/31)		710			726,266
3.10%, 01/15/30 (Call 10/15/29)		614			645,085
3.63%, 03/15/24 (Call 02/15/24)		380			400,297
4.00%, 06/01/25 (Call 03/01/25)		868			935,534
4.13%, 03/15/29 (Call 12/15/28)		464			517,159
4.25%, 04/01/26 (Call 01/01/26)		632			695,837
4.25%, 04/15/28 (Call 01/15/28)		547			614,213
4.50%, 01/15/24 (Call 10/15/23)		553			587,782
4.95%, 09/01/48 (Call 03/01/48)		565			743,525
5.13%, 03/15/43 (Call 09/15/42)		380			477,523
6.50%, 03/15/41 (Call 09/15/40)		250			366,390
Weyerhaeuser Co.
4.00%, 11/15/29 (Call 08/15/29)		707			793,063
4.00%, 04/15/30 (Call 01/15/30)		477			535,000
6.88%, 12/15/33		380			529,298
7.38%, 03/15/32		1,101			1,572,515
8.50%, 01/15/25		255			309,700
WP Carey Inc.
2.25%, 04/01/33 (Call 01/01/33)		814			778,380
2.40%, 02/01/31 (Call 11/01/30)		180			178,126
2.45%, 02/01/32 (Call 11/01/31)		175			173,235
3.85%, 07/15/29 (Call 04/15/29)		405			449,251
4.00%, 02/01/25 (Call 11/01/24)(a)		580			621,251
4.25%, 10/01/26 (Call 07/01/26)(a)		386			425,705
4.60%, 04/01/24 (Call 01/01/24)		760			811,125
					235,513,797
Retail — 2.2%
7-Eleven Inc.
0.63%, 02/10/23 (Call 02/10/22)(b)		840			837,421
0.80%, 02/10/24 (Call 02/10/22)(b)		1,799			1,779,686
0.95%, 02/10/26 (Call 01/10/26)(b)		1,630			1,572,488
1.30%, 02/10/28 (Call 12/10/27)(b)		1,400			1,332,298
1.80%, 02/10/31 (Call 11/10/30)(b)		565			536,579
2.50%, 02/10/41 (Call 08/10/40)(a)(b)		680			630,699
2.80%, 02/10/51 (Call 08/02/50)(b)		1,076			1,007,158
Advance Auto Parts Inc.
1.75%, 10/01/27 (Call 08/01/27)(a)		915			890,009
3.90%, 04/15/30 (Call 01/15/30)		528			579,338
Alimentation Couche-Tard Inc.
2.95%, 01/25/30 (Call 10/25/29)(a)(b)		849			884,593
3.44%, 05/13/41 (Call 11/13/40)(b)		575			596,100
3.55%, 07/26/27 (Call 04/26/27)(a)(b)		698			750,598
3.63%, 05/13/51 (Call 11/13/50)(a)(b)		435			465,937
3.80%, 01/25/50 (Call 07/25/49)(b)		453			494,311
4.50%, 07/26/47 (Call 01/26/47)(b)		145			175,472
AutoNation Inc.
1.95%, 08/01/28 (Call 06/01/28)(a)		170			165,914

	Par
Security		(000	)		Value
Retail (continued)
2.40%, 08/01/31 (Call 05/01/31)	$	435		$	421,647
3.50%, 11/15/24 (Call 09/15/24)		875			922,146
3.80%, 11/15/27 (Call 08/15/27)		560			600,791
4.50%, 10/01/25 (Call 07/01/25)		295			322,190
4.75%, 06/01/30 (Call 03/01/30)		575			665,139
AutoZone Inc.
1.65%, 01/15/31 (Call 10/15/30)		1,105			1,037,040
2.88%, 01/15/23 (Call 10/15/22)		285			290,225
3.13%, 07/15/23 (Call 04/15/23)		314			323,950
3.13%, 04/18/24 (Call 03/18/24)		531			554,238
3.13%, 04/21/26 (Call 01/21/26)(a)		635			672,598
3.25%, 04/15/25 (Call 01/15/25)		596			628,643
3.63%, 04/15/25 (Call 03/15/25)(a)		220			234,658
3.75%, 06/01/27 (Call 03/01/27)(a)		778			854,622
3.75%, 04/18/29 (Call 01/18/29)		500			549,520
4.00%, 04/15/30 (Call 01/15/30)		150			167,714
Best Buy Co. Inc.
1.95%, 10/01/30 (Call 07/01/30)		762			731,676
4.45%, 10/01/28 (Call 07/01/28)(a)		620			705,088
CK Hutchison International 20 Ltd., 3.38%, 05/08/50
(Call 11/08/49)(b)		200			222,387
Costco Wholesale Corp.
1.38%, 06/20/27 (Call 04/20/27)		1,231			1,214,261
1.60%, 04/20/30 (Call 01/20/30)		1,019			992,219
1.75%, 04/20/32 (Call 01/20/32)		1,482			1,446,317
2.75%, 05/18/24 (Call 03/18/24)		974			1,014,530
3.00%, 05/18/27 (Call 02/18/27)(a)		836			902,046
Darden Restaurants Inc.
3.85%, 05/01/27 (Call 02/01/27)(a)		950			1,028,094
4.55%, 02/15/48 (Call 08/15/47)		389			460,384
Dollar General Corp.
3.25%, 04/15/23 (Call 01/15/23)		824			846,124
3.50%, 04/03/30 (Call 01/03/30)		915			995,603
3.88%, 04/15/27 (Call 01/15/27)		932			1,025,315
4.13%, 05/01/28 (Call 02/01/28)		101			113,393
4.13%, 04/03/50 (Call 10/03/49)		482			567,244
4.15%, 11/01/25 (Call 08/01/25)		965			1,055,349
Dollar Tree Inc.
0.00%, 12/01/51 (Call 06/01/51)(f)		500			504,486
2.65%, 12/01/31 (Call 09/01/31)		800			799,150
3.70%, 05/15/23 (Call 12/01/21)		816			847,596
4.00%, 05/15/25 (Call 03/15/25)		1,140			1,228,364
4.20%, 05/15/28 (Call 02/15/28)		1,520			1,701,173
Falabella SA, 3.38%, 01/15/32 (Call 10/15/31)(b)		350			347,060
Genuine Parts Co., 1.88%, 11/01/30 (Call 08/01/30)		735			685,965
Home Depot Inc. (The)
0.90%, 03/15/28 (Call 01/15/28)(a)		555			530,458
1.38%, 03/15/31 (Call 12/15/30)(a)		985			928,104
1.50%, 09/15/28 (Call 07/15/28)(a)		460			451,557
1.88%, 09/15/31 (Call 06/15/31)		460			450,855
2.13%, 09/15/26 (Call 06/15/26)		1,166			1,203,125
2.38%, 03/15/51 (Call 09/15/50)(a)		1,115			1,036,755
2.50%, 04/15/27 (Call 02/15/27)(a)		930			973,045
2.70%, 04/01/23 (Call 01/01/23)		639			653,904
2.70%, 04/15/30 (Call 01/15/30)		413			433,036
2.75%, 09/15/51 (Call 03/15/51)		200			201,360
2.80%, 09/14/27 (Call 06/14/27)		730			773,646
2.95%, 06/15/29 (Call 03/15/29)		1,467			1,564,185
3.00%, 04/01/26 (Call 01/01/26)		1,245			1,325,671
3.13%, 12/15/49 (Call 06/15/49)		1,013			1,083,034

 77

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Retail (continued)
3.30%, 04/15/40 (Call 10/15/39)	$	1,291		$	1,397,053
3.35%, 09/15/25 (Call 06/15/25)		679			728,218
3.35%, 04/15/50 (Call 10/15/49)		1,052			1,168,979
3.50%, 09/15/56 (Call 03/15/56)		565			645,857
3.75%, 02/15/24 (Call 11/15/23)		1,143			1,207,221
3.90%, 12/06/28 (Call 09/06/28)		820			927,715
3.90%, 06/15/47 (Call 12/15/46)		952			1,137,984
4.20%, 04/01/43 (Call 10/01/42)		853			1,034,613
4.25%, 04/01/46 (Call 10/01/45)		1,184			1,475,251
4.40%, 03/15/45 (Call 09/15/44)		735			927,955
4.50%, 12/06/48 (Call 06/06/48)		1,220			1,594,741
4.88%, 02/15/44 (Call 08/15/43)		849			1,129,510
5.40%, 09/15/40 (Call 03/15/40)		690			947,034
5.88%, 12/16/36		1,630			2,312,782
5.95%, 04/01/41 (Call 10/01/40)		876			1,272,075
Kohl’s Corp., 5.55%, 07/17/45 (Call 01/17/45)(a)		323			389,496
Lowe’s Companies Inc.
1.30%, 04/15/28 (Call 02/15/28)		995			952,317
1.70%, 09/15/28 (Call 07/15/28)		330			322,199
1.70%, 10/15/30 (Call 07/15/30)(a)		1,539			1,462,694
2.50%, 04/15/26 (Call 01/15/26)		589			612,013
2.63%, 04/01/31 (Call 01/01/31)		790			807,728
2.80%, 09/15/41 (Call 03/15/41)		205			200,543
3.00%, 10/15/50 (Call 04/15/50)		1,572			1,580,053
3.10%, 05/03/27 (Call 02/03/27)		1,170			1,246,189
3.13%, 09/15/24 (Call 06/15/24)		779			821,380
3.38%, 09/15/25 (Call 06/15/25)(a)		828			885,477
3.50%, 04/01/51 (Call 10/01/50)		575			629,693
3.65%, 04/05/29 (Call 01/05/29)(a)		1,117			1,227,879
3.70%, 04/15/46 (Call 10/15/45)		786			874,367
3.88%, 09/15/23 (Call 06/15/23)		508			531,993
4.00%, 04/15/25 (Call 03/15/25)		799			865,810
4.05%, 05/03/47 (Call 11/03/46)		1,321			1,549,259
4.38%, 09/15/45 (Call 03/15/45)		677			818,817
4.50%, 04/15/30 (Call 01/15/30)		952			1,104,731
4.55%, 04/05/49 (Call 10/05/48)		280			356,214
4.65%, 04/15/42 (Call 10/15/41)		324			400,134
5.00%, 04/15/40 (Call 10/15/39)		405			512,191
5.00%, 09/15/43 (Call 03/15/43)		271			336,244
5.13%, 04/15/50 (Call 10/15/49)		150			206,766
5.50%, 10/15/35(a)		440			577,827
6.50%, 03/15/29(a)		365			466,135
6.88%, 02/15/28		125			158,453
McDonald’s Corp.
1.45%, 09/01/25 (Call 08/01/25)(a)		240			241,251
2.13%, 03/01/30 (Call 12/01/29)(a)		617			616,711
2.63%, 09/01/29 (Call 06/01/29)		921			950,224
3.25%, 06/10/24		524			551,995
3.30%, 07/01/25 (Call 06/01/25)		945			1,006,159
3.35%, 04/01/23 (Call 03/01/23)		690			712,420
3.38%, 05/26/25 (Call 02/26/25)		873			929,382
3.50%, 03/01/27 (Call 12/01/26)		1,089			1,181,461
3.50%, 07/01/27 (Call 05/01/27)		780			844,606
3.60%, 07/01/30 (Call 04/01/30)(a)		909			1,008,356
3.63%, 05/01/43		205			225,785
3.63%, 09/01/49 (Call 03/01/49)		771			859,183
3.70%, 01/30/26 (Call 10/30/25)		973			1,051,398
3.70%, 02/15/42		530			591,412
3.80%, 04/01/28 (Call 01/01/28)		858			950,373
4.20%, 04/01/50 (Call 10/01/49)		714			869,767

	Par
Security		(000	)		Value
Retail (continued)
4.45%, 03/01/47 (Call 09/01/46)	$	619		$	766,465
4.45%, 09/01/48 (Call 03/01/48)		828			1,029,645
4.60%, 05/26/45 (Call 11/26/44)(a)		665			833,844
4.70%, 12/09/35 (Call 06/09/35)		592			731,562
4.88%, 07/15/40		568			720,446
4.88%, 12/09/45 (Call 06/09/45)		520			674,281
5.70%, 02/01/39		466			639,605
6.30%, 10/15/37		732			1,042,026
6.30%, 03/01/38(a)		790			1,130,809
O’Reilly Automotive Inc.
1.75%, 03/15/31 (Call 12/15/30)(a)		325			309,513
3.55%, 03/15/26 (Call 12/15/25)		584			630,244
3.60%, 09/01/27 (Call 06/01/27)		650			709,675
3.85%, 06/15/23 (Call 03/15/23)		115			119,481
3.90%, 06/01/29 (Call 03/01/29)		531			589,045
4.20%, 04/01/30 (Call 01/01/30)		695			789,350
4.35%, 06/01/28 (Call 03/01/28)		517			589,736
Ross Stores Inc.
0.88%, 04/15/26 (Call 03/15/26)		750			727,268
1.88%, 04/15/31 (Call 01/15/31)		590			567,579
3.38%, 09/15/24 (Call 06/15/24)(a)		682			716,380
4.60%, 04/15/25 (Call 03/15/25)		848			931,750
Starbucks Corp.
2.00%, 03/12/27 (Call 01/12/27)		671			676,278
2.25%, 03/12/30 (Call 12/12/29)		300			300,948
2.45%, 06/15/26 (Call 03/15/26)(a)		571			594,577
2.55%, 11/15/30 (Call 08/15/30)(a)		1,114			1,136,527
3.10%, 03/01/23 (Call 02/01/23)		305			313,438
3.35%, 03/12/50 (Call 09/12/49)		507			534,918
3.50%, 03/01/28 (Call 12/01/27)		884			958,200
3.50%, 11/15/50 (Call 05/15/50)		1,037			1,120,144
3.55%, 08/15/29 (Call 05/15/29)		1,136			1,247,353
3.75%, 12/01/47 (Call 06/01/47)		500			557,521
3.80%, 08/15/25 (Call 06/15/25)		560			605,112
3.85%, 10/01/23 (Call 07/01/23)		322			337,031
4.00%, 11/15/28 (Call 08/15/28)		580			652,655
4.30%, 06/15/45 (Call 12/15/44)		330			393,980
4.45%, 08/15/49 (Call 02/15/49)		632			785,491
4.50%, 11/15/48 (Call 05/15/48)		749			934,056
Target Corp.
2.25%, 04/15/25 (Call 03/15/25)		1,456			1,500,882
2.35%, 02/15/30 (Call 11/15/29)		555			570,592
2.50%, 04/15/26(a)		1,073			1,126,189
2.65%, 09/15/30 (Call 06/15/30)(a)		443			466,042
3.38%, 04/15/29 (Call 01/15/29)		769			842,984
3.50%, 07/01/24		1,086			1,155,042
3.63%, 04/15/46		499			596,173
3.90%, 11/15/47 (Call 05/15/47)(a)		572			714,509
4.00%, 07/01/42		1,050			1,297,480
6.35%, 11/01/32(a)		85			117,811
6.50%, 10/15/37		375			572,429
7.00%, 01/15/38		25			39,864
Tiffany & Co., 4.90%, 10/01/44 (Call 04/01/44)		165			224,541
TJX Companies Inc. (The)
1.15%, 05/15/28 (Call 03/15/28)(a)		345			331,995
1.60%, 05/15/31 (Call 02/15/31)(a)		860			826,470
2.25%, 09/15/26 (Call 06/15/26)		795			820,697
2.50%, 05/15/23 (Call 02/15/23)		363			370,832
3.88%, 04/15/30 (Call 01/15/30)		387			436,603
4.50%, 04/15/50 (Call 10/15/49)(a)		366			495,295

78

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Retail (continued)
Tractor Supply Co., 1.75%, 11/01/30 (Call 08/01/30)	$	845		$	796,636
Walgreens Boots Alliance Inc.
0.95%, 11/17/23 (Call 05/17/22)		300			299,084
3.20%, 04/15/30 (Call 01/15/30)(a)		620			653,004
3.45%, 06/01/26 (Call 03/01/26)		305			324,070
4.10%, 04/15/50 (Call 10/15/49)(a)		441			502,535
4.80%, 11/18/44 (Call 05/18/44)(a)		200			241,609
Walmart Inc.
2.35%, 12/15/22 (Call 11/15/22)		794			808,550
2.38%, 09/24/29 (Call 06/24/29)		549			573,481
2.55%, 04/11/23 (Call 01/11/23)		877			896,102
2.95%, 09/24/49 (Call 03/24/49)		200			217,300
3.25%, 07/08/29 (Call 04/08/29)(a)		150			165,918
3.30%, 04/22/24 (Call 01/22/24)		420			441,402
3.40%, 06/26/23 (Call 05/26/23)		200			208,439
3.55%, 06/26/25 (Call 04/26/25)(a)		25			27,161
3.63%, 12/15/47 (Call 06/15/47)		15			18,027
3.70%, 06/26/28 (Call 03/26/28)		15			16,808
4.05%, 06/29/48 (Call 12/29/47)		165			212,264
4.30%, 04/22/44 (Call 10/22/43)		70			89,699
5.25%, 09/01/35		85			115,861
7.55%, 02/15/30(a)		25			35,886
					146,927,553
Savings & Loans — 0.1%
Nationwide Building Society
0.55%, 01/22/24(b)		1,390			1,372,864
1.50%, 10/13/26(a)(b)		360			353,996
2.00%, 01/27/23(b)		300			304,877
3.77%, 03/08/24 (Call 03/08/23)(b)(c)		670			693,034
3.90%, 07/21/25(b)		1,007			1,091,679
3.96%, 07/18/30 (Call 07/18/29)(b)(c)		555			613,701
4.00%, 09/14/26(a)(b)		635			686,960
4.13%, 10/18/32 (Call 10/18/27)(b)(c)		472			505,643
4.30%, 03/08/29 (Call 03/08/28)(b)(c)		700			777,587
4.36%, 08/01/24 (Call 08/01/23)(b)(c)		905			952,344
People’s United Financial Inc., 3.65%, 12/06/22
(Call 09/06/22)		326			333,153
					7,685,838
Semiconductors — 1.9%
Altera Corp., 4.10%, 11/15/23		165			175,157
Analog Devices Inc.
1.70%, 10/01/28 (Call 08/01/28)		90			89,911
2.10%, 10/01/31 (Call 07/01/31)		115			115,194
2.80%, 10/01/41 (Call 04/01/41)		50			51,054
2.95%, 04/01/25 (Call 03/01/25)		653			689,684
2.95%, 10/01/51 (Call 04/01/51)		535			559,243
3.50%, 12/05/26 (Call 09/05/26)(a)		787			857,619
Applied Materials Inc.
1.75%, 06/01/30 (Call 03/01/30)		200			196,817
2.75%, 06/01/50 (Call 12/01/49)(a)		652			666,975
3.30%, 04/01/27 (Call 01/01/27)		684			741,920
3.90%, 10/01/25 (Call 07/01/25)		1,020			1,117,174
4.35%, 04/01/47 (Call 10/01/46)		840			1,092,294
5.10%, 10/01/35 (Call 04/01/35)		293			383,346
5.85%, 06/15/41(a)		380			557,153
Broadcom Corp./Broadcom Cayman Finance Ltd.
3.13%, 01/15/25 (Call 11/15/24)		415			434,206
3.50%, 01/15/28 (Call 10/15/27)		1,129			1,207,503
3.63%, 01/15/24 (Call 11/15/23)		685			718,606

	Par
Security		(000	)		Value
Semiconductors (continued)
3.88%, 01/15/27 (Call 10/15/26)	$	2,722		$	2,931,220
Broadcom Inc.
1.95%, 02/15/28 (Call 12/15/27)(a)(b)		937			914,207
2.45%, 02/15/31 (Call 11/15/30)(b)		1,535			1,477,306
2.60%, 02/15/33 (Call 11/15/32)(b)		2,060			1,970,748
3.14%, 11/15/35 (Call 08/15/35)(b)		75			73,723
3.15%, 11/15/25 (Call 10/15/25)(a)		681			714,017
3.19%, 11/15/36 (Call 08/15/36)(b)		520			511,971
3.42%, 04/15/33 (Call 01/15/33)(b)		2,450			2,524,673
3.46%, 09/15/26 (Call 07/15/26)		1,360			1,445,073
3.47%, 04/15/34 (Call 01/15/34)(b)		3,060			3,153,095
3.50%, 02/15/41 (Call 08/15/40)(b)		2,641			2,634,183
3.63%, 10/15/24 (Call 09/15/24)		372			394,355
3.75%, 02/15/51 (Call 08/15/50)(a)(b)		1,485			1,544,690
4.11%, 09/15/28 (Call 06/15/28)		1,110			1,214,016
4.15%, 11/15/30 (Call 08/15/30)		1,935			2,114,389
4.25%, 04/15/26 (Call 02/15/26)		660			720,046
4.30%, 11/15/32 (Call 08/15/32)		1,845			2,057,997
4.70%, 04/15/25 (Call 03/15/25)		515			566,379
4.75%, 04/15/29 (Call 01/15/29)		1,600			1,815,568
5.00%, 04/15/30 (Call 01/15/30)		830			966,668
Intel Corp.
1.60%, 08/12/28 (Call 06/12/28)(a)		250			246,377
2.00%, 08/12/31 (Call 05/12/31)(a)		150			148,196
2.45%, 11/15/29 (Call 08/15/29)		1,572			1,616,631
2.60%, 05/19/26 (Call 02/19/26)(a)		881			924,340
2.70%, 12/15/22		536			548,415
2.80%, 08/12/41 (Call 02/12/41)		565			568,719
2.88%, 05/11/24 (Call 03/11/24)		1,008			1,052,317
3.05%, 08/12/51 (Call 02/12/51)(a)		1,230			1,273,940
3.10%, 02/15/60 (Call 08/15/59)		978			1,000,033
3.15%, 05/11/27 (Call 02/11/27)(a)		1,039			1,119,587
3.20%, 08/12/61 (Call 02/12/61)(a)		835			866,556
3.25%, 11/15/49 (Call 05/15/49)		1,884			2,006,479
3.40%, 03/25/25 (Call 02/25/25)		1,194			1,270,915
3.70%, 07/29/25 (Call 04/29/25)		1,921			2,079,622
3.73%, 12/08/47 (Call 06/08/47)		1,396			1,606,768
3.75%, 03/25/27 (Call 01/25/27)(a)		1,000			1,100,759
3.90%, 03/25/30 (Call 12/25/29)(a)		976			1,106,722
4.00%, 12/15/32		868			1,016,688
4.10%, 05/19/46 (Call 11/19/45)		1,046			1,257,769
4.10%, 05/11/47 (Call 11/11/46)		1,087			1,306,957
4.25%, 12/15/42		188			228,955
4.60%, 03/25/40 (Call 09/25/39)		273			340,502
4.75%, 03/25/50 (Call 09/25/49)(a)		1,455			1,966,627
4.80%, 10/01/41		390			508,222
4.90%, 07/29/45 (Call 01/29/45)		356			474,602
4.95%, 03/25/60 (Call 09/25/59)		406			573,845
KLA Corp.
3.30%, 03/01/50 (Call 08/28/49)		575			623,217
4.10%, 03/15/29 (Call 12/15/28)		908			1,032,038
4.65%, 11/01/24 (Call 08/01/24)		1,178			1,283,284
5.00%, 03/15/49 (Call 09/15/48)		337			463,240
5.65%, 11/01/34 (Call 07/01/34)		128			163,065
Lam Research Corp.
1.90%, 06/15/30 (Call 03/15/30)		708			697,151
2.88%, 06/15/50 (Call 12/15/49)		707			721,542
3.13%, 06/15/60 (Call 12/15/59)		641			679,043
3.75%, 03/15/26 (Call 01/15/26)		599			654,949
3.80%, 03/15/25 (Call 12/15/24)		328			353,712

 79

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Semiconductors (continued)
4.00%, 03/15/29 (Call 12/15/28)	$	860		$	966,842
4.88%, 03/15/49 (Call 09/15/48)		568			784,661
Marvell Technology Inc.
1.65%, 04/15/26 (Call 03/15/26)		560			556,381
2.45%, 04/15/28 (Call 02/15/28)		665			669,498
2.95%, 04/15/31 (Call 01/15/31)		395			403,611
4.20%, 06/22/23 (Call 05/22/23)(b)		129			134,818
4.88%, 06/22/28 (Call 03/22/28)(b)		488			561,037
Maxim Integrated Products Inc., 3.45%, 06/15/27
(Call 03/15/27)		314			341,526
Microchip Technology Inc.
0.97%, 02/15/24(a)(b)		1,049			1,039,350
0.98%, 09/01/24(b)		741			730,296
2.67%, 09/01/23(a)		752			771,560
4.25%, 09/01/25 (Call 09/01/22)		4,000			4,154,901
4.33%, 06/01/23 (Call 05/01/23)		200			209,407
Micron Technology Inc.
2.70%, 04/15/32 (Call 01/15/32)		600			602,442
3.37%, 11/01/41 (Call 05/01/41)		360			362,596
3.48%, 11/01/51 (Call 05/01/51)		630			630,249
4.19%, 02/15/27 (Call 12/15/26)		1,022			1,119,070
4.66%, 02/15/30 (Call 11/15/29)		898			1,024,675
4.98%, 02/06/26 (Call 12/06/25)		434			484,687
5.33%, 02/06/29 (Call 11/06/28)		637			749,290
NVIDIA Corp.
0.58%, 06/14/24 (Call 06/14/23)		335			331,373
1.55%, 06/15/28 (Call 04/15/28)		1,490			1,469,090
2.00%, 06/15/31 (Call 03/15/31)(a)		1,865			1,851,562
2.85%, 04/01/30 (Call 01/01/30)		723			767,684
3.20%, 09/16/26 (Call 06/16/26)		906			979,367
3.50%, 04/01/40 (Call 10/01/39)		1,200			1,356,515
3.50%, 04/01/50 (Call 10/01/49)		1,089			1,258,049
3.70%, 04/01/60 (Call 10/01/59)		602			719,267
NXP BV/NXP Funding LLC
4.63%, 06/01/23(b)		595			625,752
4.88%, 03/01/24 (Call 02/01/24)(b)		921			990,416
5.35%, 03/01/26 (Call 01/01/26)(a)(b)		325			369,138
5.55%, 12/01/28 (Call 09/01/28)(b)		563			678,218
NXP BV/NXP Funding LLC/NXP USA Inc.
2.50%, 05/11/31 (Call 02/11/31)(b)		782			781,364
2.65%, 02/15/32 (Call 11/15/31)(b)		745			748,214
2.70%, 05/01/25 (Call 04/01/25)(a)(b)		265			274,400
3.13%, 02/15/42 (Call 08/15/41)(b)		570			573,296
3.15%, 05/01/27 (Call 03/01/27)(b)		517			542,393
3.25%, 05/11/41 (Call 11/11/40)(a)(b)		855			876,540
3.25%, 11/30/51 (Call 05/30/51)(b)		300			300,584
3.40%, 05/01/30 (Call 02/01/30)(b)		873			930,913
3.88%, 06/18/26 (Call 04/18/26)(b)		271			293,667
4.30%, 06/18/29 (Call 03/18/29)(b)		754			846,422
Qorvo Inc.
3.38%, 04/01/31 (Call 04/01/26)(a)(b)		970			977,663
4.38%, 10/15/29 (Call 10/15/24)		780			823,836
QUALCOMM Inc.
1.30%, 05/20/28 (Call 02/20/28)		1,292			1,252,372
1.65%, 05/20/32 (Call 02/20/32)(a)		1,126			1,071,145
2.15%, 05/20/30 (Call 02/20/30)		360			364,693
2.60%, 01/30/23 (Call 12/30/22)		622			635,311
2.90%, 05/20/24 (Call 03/20/24)(a)		500			522,726
3.25%, 05/20/27 (Call 02/20/27)		1,032			1,112,599
3.25%, 05/20/50 (Call 11/20/49)(a)		864			962,471

	Par
Security		(000	)		Value
Semiconductors (continued)
3.45%, 05/20/25 (Call 02/20/25)	$	466		$	497,941
4.30%, 05/20/47 (Call 11/20/46)		1,371			1,743,411
4.65%, 05/20/35 (Call 11/20/34)		947			1,182,997
4.80%, 05/20/45 (Call 11/20/44)		915			1,235,689
SK Hynix Inc., 2.38%, 01/19/31(b)		55			53,264
Skyworks Solutions Inc.
1.80%, 06/01/26 (Call 05/01/26)		625			624,384
3.00%, 06/01/31 (Call 03/01/31)		530			537,383
Texas Instruments Inc.
1.13%, 09/15/26 (Call 08/15/26)		390			385,690
1.38%, 03/12/25 (Call 02/12/25)		632			637,996
1.75%, 05/04/30 (Call 02/04/30)		620			609,838
1.90%, 09/15/31 (Call 06/15/31)		670			665,899
2.25%, 05/01/23 (Call 02/01/23)		170			173,355
2.25%, 09/04/29 (Call 06/04/29)		581			600,498
2.63%, 05/15/24 (Call 03/15/24)		90			93,493
2.70%, 09/15/51 (Call 03/15/51)		345			356,902
2.90%, 11/03/27 (Call 08/03/27)		142			152,550
3.88%, 03/15/39 (Call 09/15/38)		547			655,032
4.15%, 05/15/48 (Call 11/15/47)		1,234			1,580,410
TSMC Arizona Corp.
1.75%, 10/25/26 (Call 09/25/26)		40			40,161
3.25%, 10/25/51 (Call 04/25/51)		285			306,408
TSMC Global Ltd.
0.75%, 09/28/25 (Call 08/28/25)(b)		885			859,636
1.00%, 09/28/27 (Call 07/28/27)(b)		300			285,588
1.38%, 09/28/30 (Call 06/28/30)(b)		182			170,030
1.75%, 04/23/28 (Call 02/23/28)(b)		1,115			1,102,138
2.25%, 04/23/31 (Call 01/23/31)(b)		285			283,341
Xilinx Inc.
2.38%, 06/01/30 (Call 03/01/30)		1,013			1,034,045
2.95%, 06/01/24 (Call 04/01/24)		1,104			1,148,421
					130,880,401
Shipbuilding — 0.0%
Huntington Ingalls Industries Inc.
2.04%, 08/16/28 (Call 06/16/28)(b)		560			551,145
3.48%, 12/01/27 (Call 09/01/27)		506			539,199
3.84%, 05/01/25 (Call 04/01/25)		250			265,857
4.20%, 05/01/30 (Call 02/01/30)		64			72,139
					1,428,340
Software — 2.3%
Activision Blizzard Inc.
1.35%, 09/15/30 (Call 06/15/30)		260			237,922
2.50%, 09/15/50 (Call 03/15/50)		1,849			1,610,094
3.40%, 09/15/26 (Call 06/15/26)		1,015			1,086,254
3.40%, 06/15/27 (Call 03/15/27)(a)		48			51,587
4.50%, 06/15/47 (Call 12/15/46)		361			436,618
Adobe Inc.
1.70%, 02/01/23		127			128,736
1.90%, 02/01/25 (Call 01/01/25)		646			659,940
2.15%, 02/01/27 (Call 12/01/26)		907			935,065
2.30%, 02/01/30 (Call 11/01/29)		1,201			1,224,876
3.25%, 02/01/25 (Call 11/01/24)(a)		1,070			1,133,469
Autodesk Inc.
2.40%, 12/15/31 (Call 09/15/31)		485			479,883
2.85%, 01/15/30 (Call 10/15/29)		723			755,997
3.50%, 06/15/27 (Call 03/15/27)		772			831,941
4.38%, 06/15/25 (Call 03/15/25)		328			358,781

80

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Software (continued)
Broadridge Financial Solutions Inc.
2.60%, 05/01/31 (Call 02/01/31)	$	940		$	948,707
2.90%, 12/01/29 (Call 09/01/29)		593			611,341
3.40%, 06/27/26 (Call 03/27/26)(a)		623			667,807
CA Inc., 4.70%, 03/15/27 (Call 12/15/26)		466			510,959
Cadence Design Systems Inc., 4.38%, 10/15/24
(Call 07/15/24)		350			378,822
Citrix Systems Inc.
1.25%, 03/01/26 (Call 02/01/26)		810			784,947
3.30%, 03/01/30 (Call 12/01/29)		703			711,228
4.50%, 12/01/27 (Call 09/01/27)(a)		663			722,259
Electronic Arts Inc.
1.85%, 02/15/31 (Call 11/15/30)		691			659,961
2.95%, 02/15/51 (Call 08/15/50)		962			933,414
4.80%, 03/01/26 (Call 12/01/25)		653			733,692
Fidelity National Information Services Inc.
0.38%, 03/01/23		385			383,261
0.60%, 03/01/24		586			578,853
1.15%, 03/01/26 (Call 02/01/26)		907			885,101
1.65%, 03/01/28 (Call 01/01/28)		652			628,881
2.25%, 03/01/31 (Call 12/01/30)(a)		890			870,350
3.10%, 03/01/41 (Call 09/01/40)(a)		305			304,518
3.75%, 05/21/29 (Call 02/21/29)		125			136,568
4.50%, 08/15/46 (Call 02/15/46)		255			314,493
Series 30Y, 4.75%, 05/15/48 (Call 11/15/47)		352			451,757
Fiserv Inc.
2.25%, 06/01/27 (Call 04/01/27)(a)		1,028			1,044,808
2.65%, 06/01/30 (Call 03/01/30)		958			968,836
2.75%, 07/01/24 (Call 06/01/24)		1,974			2,042,867
3.20%, 07/01/26 (Call 05/01/26)		1,751			1,847,848
3.50%, 07/01/29 (Call 04/01/29)		2,480			2,642,704
3.80%, 10/01/23 (Call 09/01/23)		705			740,501
3.85%, 06/01/25 (Call 03/01/25)		204			218,493
4.20%, 10/01/28 (Call 07/01/28)(a)		654			730,486
4.40%, 07/01/49 (Call 01/01/49)		1,726			2,054,824
Infor Inc., 1.75%, 07/15/25 (Call 06/15/25)(b)		893			895,594
Intuit Inc.
0.65%, 07/15/23		352			351,250
0.95%, 07/15/25 (Call 06/15/25)		201			198,601
1.35%, 07/15/27 (Call 05/15/27)		891			869,093
1.65%, 07/15/30 (Call 04/15/30)		725			701,399
Microsoft Corp.
2.00%, 08/08/23 (Call 06/08/23)		1,128			1,151,946
2.38%, 05/01/23 (Call 02/01/23)		654			669,552
2.40%, 08/08/26 (Call 05/08/26)		3,216			3,354,934
2.53%, 06/01/50 (Call 12/01/49)		4,915			4,873,161
2.68%, 06/01/60 (Call 12/01/59)		3,437			3,426,511
2.70%, 02/12/25 (Call 11/12/24)		1,860			1,948,945
2.88%, 02/06/24 (Call 12/06/23)		1,221			1,270,994
2.92%, 03/17/52 (Call 09/17/51)		7,177			7,641,838
3.04%, 03/17/62 (Call 09/17/61)		1,982			2,140,745
3.13%, 11/03/25 (Call 08/03/25)		2,527			2,699,589
3.30%, 02/06/27 (Call 11/06/26)		3,080			3,339,216
3.45%, 08/08/36 (Call 02/08/36)		1,801			2,069,328
3.50%, 02/12/35 (Call 08/12/34)		1,635			1,877,314
3.50%, 11/15/42		890			1,008,087
3.63%, 12/15/23 (Call 09/15/23)		1,250			1,316,589
3.70%, 08/08/46 (Call 02/08/46)		865			1,045,610
3.75%, 02/12/45 (Call 08/12/44)		215			260,600
3.95%, 08/08/56 (Call 02/08/56)		405			518,808

	Par
Security		(000	)		Value
Software (continued)
4.10%, 02/06/37 (Call 08/06/36)	$	348		$	428,820
4.20%, 11/03/35 (Call 05/03/35)		288			354,552
4.25%, 02/06/47 (Call 08/06/46)		20			26,239
4.50%, 10/01/40		281			365,399
4.50%, 02/06/57 (Call 08/06/56)		20			27,766
5.30%, 02/08/41(a)		144			202,078
Oracle Corp.
1.65%, 03/25/26 (Call 02/25/26)		2,955			2,940,513
2.30%, 03/25/28 (Call 01/25/28)		1,195			1,201,642
2.40%, 09/15/23 (Call 07/15/23)		1,391			1,421,955
2.50%, 04/01/25 (Call 03/01/25)		1,855			1,909,367
2.63%, 02/15/23 (Call 01/15/23)		914			933,106
2.65%, 07/15/26 (Call 04/15/26)		1,972			2,036,109
2.80%, 04/01/27 (Call 02/01/27)		1,000			1,036,070
2.88%, 03/25/31 (Call 12/25/30)		1,867			1,910,783
2.95%, 11/15/24 (Call 09/15/24)		1,289			1,346,234
2.95%, 05/15/25 (Call 02/15/25)		1,705			1,782,824
2.95%, 04/01/30 (Call 01/01/30)		1,834			1,893,764
3.25%, 11/15/27 (Call 08/15/27)		1,660			1,755,020
3.25%, 05/15/30 (Call 02/15/30)(a)		1,270			1,343,714
3.40%, 07/08/24 (Call 04/08/24)		1,349			1,419,178
3.60%, 04/01/40 (Call 10/01/39)		2,104			2,179,832
3.60%, 04/01/50 (Call 10/01/49)		2,061			2,085,675
3.63%, 07/15/23		900			940,898
3.65%, 03/25/41 (Call 09/25/40)(a)		1,659			1,725,948
3.80%, 11/15/37 (Call 05/15/37)		1,533			1,633,367
3.85%, 07/15/36 (Call 01/15/36)(a)		1,143			1,242,983
3.85%, 04/01/60 (Call 10/01/59)		1,823			1,892,467
3.90%, 05/15/35 (Call 11/15/34)		1,154			1,255,809
3.95%, 03/25/51 (Call 09/25/50)		3,646			3,928,718
4.00%, 07/15/46 (Call 01/15/46)		2,765			2,987,220
4.00%, 11/15/47 (Call 05/15/47)		2,122			2,278,884
4.10%, 03/25/61 (Call 09/25/60)(a)		1,371			1,497,222
4.13%, 05/15/45 (Call 11/15/44)		1,507			1,648,464
4.30%, 07/08/34 (Call 01/08/34)		1,229			1,388,358
4.38%, 05/15/55 (Call 11/15/54)		1,149			1,319,657
4.50%, 07/08/44 (Call 01/08/44)		849			976,503
5.38%, 07/15/40		1,802			2,262,645
6.13%, 07/08/39		902			1,229,784
6.50%, 04/15/38		1,250			1,756,509
Roper Technologies Inc.
1.00%, 09/15/25 (Call 08/15/25)		385			375,994
1.40%, 09/15/27 (Call 07/15/27)		526			510,568
1.75%, 02/15/31 (Call 11/15/30)		1,152			1,074,327
2.00%, 06/30/30 (Call 03/30/30)		752			726,860
2.35%, 09/15/24 (Call 08/15/24)		674			693,578
2.95%, 09/15/29 (Call 06/15/29)		435			455,857
3.65%, 09/15/23 (Call 08/15/23)		489			510,883
3.80%, 12/15/26 (Call 09/15/26)		718			783,360
3.85%, 12/15/25 (Call 09/15/25)		501			542,687
4.20%, 09/15/28 (Call 06/15/28)		805			904,329
salesforce.com Inc.
0.63%, 07/15/24 (Call 07/15/22)		150			148,734
1.50%, 07/15/28 (Call 05/15/28)(a)		880			867,338
1.95%, 07/15/31 (Call 04/15/31)		905			896,882
2.70%, 07/15/41 (Call 01/15/41)		1,240			1,248,129
2.90%, 07/15/51 (Call 01/15/51)		1,275			1,318,029
3.05%, 07/15/61 (Call 01/15/61)		945			995,837
3.25%, 04/11/23 (Call 03/11/23)		629			649,389
3.70%, 04/11/28 (Call 01/11/28)		1,462			1,631,286

 81

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Software (continued)
ServiceNow Inc., 1.40%, 09/01/30 (Call 06/01/30)(a)	$	1,491		$	1,391,219
VMware Inc.
1.00%, 08/15/24 (Call 08/15/22)		600			595,729
1.40%, 08/15/26 (Call 07/15/26)		200			195,437
1.80%, 08/15/28 (Call 06/15/28)		205			199,704
2.20%, 08/15/31 (Call 05/15/31)(a)		390			379,790
3.90%, 08/21/27 (Call 05/21/27)		1,301			1,417,577
4.50%, 05/15/25 (Call 04/15/25)(a)		912			996,959
4.65%, 05/15/27 (Call 03/15/27)(a)		758			856,603
4.70%, 05/15/30 (Call 02/15/30)		330			382,936
					157,385,250
Telecommunications — 4.4%
America Movil SAB de CV
2.88%, 05/07/30 (Call 02/07/30)(a)		1,190			1,233,600
3.63%, 04/22/29 (Call 01/22/29)		410			445,234
4.38%, 07/16/42		750			896,053
4.38%, 04/22/49 (Call 10/22/48)(a)		1,087			1,353,619
6.13%, 11/15/37(a)		740			1,010,922
6.13%, 03/30/40		1,355			1,920,426
6.38%, 03/01/35		150			208,429
AT&T Inc.
0.90%, 03/25/24 (Call 03/25/22)		430			427,228
1.65%, 02/01/28 (Call 12/01/27)		2,039			1,983,811
1.70%, 03/25/26 (Call 03/25/23)		1,706			1,703,550
2.25%, 02/01/32 (Call 11/01/31)		2,065			1,992,684
2.30%, 06/01/27 (Call 04/01/27)		1,867			1,896,142
2.55%, 12/01/33 (Call 09/01/33)		2,974			2,874,741
2.63%, 12/01/22 (Call 09/01/22)		468			475,134
2.75%, 06/01/31 (Call 03/01/31)(a)		2,167			2,201,745
2.95%, 07/15/26 (Call 04/15/26)		1,004			1,056,128
3.10%, 02/01/43 (Call 08/01/42)		1,629			1,572,041
3.30%, 02/01/52 (Call 08/01/51)		1,381			1,348,076
3.40%, 05/15/25 (Call 02/15/25)		1,509			1,601,279
3.50%, 06/01/41 (Call 12/01/40)		2,598			2,669,194
3.50%, 09/15/53 (Call 03/15/53)		5,674			5,731,401
3.50%, 02/01/61 (Call 08/01/60)(a)		1,235			1,217,102
3.55%, 09/15/55 (Call 03/15/55)(a)		5,527			5,555,943
3.60%, 07/15/25 (Call 04/15/25)(a)		325			347,707
3.65%, 06/01/51 (Call 12/01/50)		2,824			2,932,091
3.65%, 09/15/59 (Call 03/15/59)		4,949			5,009,532
3.80%, 03/01/24 (Call 01/01/24)		232			244,394
3.80%, 02/15/27 (Call 11/15/26)		699			757,113
3.80%, 12/01/57 (Call 06/01/57)		4,700			4,908,305
3.85%, 06/01/60 (Call 12/01/59)		1,235			1,290,860
3.88%, 01/15/26 (Call 10/15/25)		953			1,033,803
3.90%, 03/11/24 (Call 12/11/23)		645			678,947
3.95%, 01/15/25 (Call 10/15/24)		822			881,257
4.05%, 12/15/23		675			717,665
4.10%, 02/15/28 (Call 11/15/27)(a)		590			657,115
4.13%, 02/17/26 (Call 11/17/25)		829			907,040
4.25%, 03/01/27 (Call 12/01/26)		842			931,554
4.30%, 02/15/30 (Call 11/15/29)(a)		2,177			2,457,037
4.30%, 12/15/42 (Call 06/15/42)(a)		681			770,274
4.35%, 03/01/29 (Call 12/01/28)		2,323			2,617,336
4.35%, 06/15/45 (Call 12/15/44)		1,173			1,323,978
4.45%, 04/01/24 (Call 01/01/24)		1,181			1,262,414
4.50%, 05/15/35 (Call 11/15/34)		2,039			2,350,806
4.50%, 03/09/48 (Call 09/09/47)		1,720			2,030,826
4.55%, 03/09/49 (Call 09/09/48)		810			967,716
4.65%, 06/01/44 (Call 12/01/43)		650			763,974

	Par
Security		(000	)		Value
Telecommunications (continued)
4.75%, 05/15/46 (Call 11/15/45)	$	1,510		$	1,838,141
4.80%, 06/15/44 (Call 12/15/43)		455			547,013
4.85%, 03/01/39 (Call 09/01/38)		1,319			1,583,834
4.85%, 07/15/45 (Call 01/15/45)(a)		545			660,427
4.90%, 08/15/37 (Call 02/14/37)		1,205			1,457,747
4.90%, 06/15/42		754			914,154
5.15%, 03/15/42		339			421,820
5.15%, 11/15/46 (Call 05/15/46)		155			199,137
5.15%, 02/15/50 (Call 08/14/49)		505			648,427
5.25%, 03/01/37 (Call 09/01/36)		1,539			1,917,580
5.35%, 09/01/40		651			818,903
5.45%, 03/01/47 (Call 09/01/46)(a)		736			974,653
5.55%, 08/15/41(a)		171			221,814
5.65%, 02/15/47 (Call 08/15/46)		421			563,181
5.70%, 03/01/57 (Call 09/01/56)(a)		215			297,170
6.00%, 08/15/40 (Call 05/15/40)		641			874,769
6.15%, 09/15/34(a)		295			387,614
6.25%, 03/29/41(a)		290			400,621
6.38%, 03/01/41		182			258,001
6.45%, 06/15/34		63			82,656
6.55%, 02/15/39		5			6,893
7.13%, 03/15/26		960			1,167,638
Bell Canada
4.30%, 07/29/49 (Call 01/29/49)		677			832,495
4.46%, 04/01/48 (Call 10/01/47)		868			1,095,161
Series US-3, 0.75%, 03/17/24		1,192			1,182,313
Series US-4, 3.65%, 03/17/51 (Call 09/17/50)		586			661,669
Series US-6, 3.20%, 02/15/52 (Call 08/15/51)(a)		555			575,340
Bell Telephone Co of Canada or Bell Canada (The), Series US-5, 2.15%, 02/15/32 (Call 11/15/31)		865			847,456
Bharti Airtel International Netherlands BV, 5.35%, 05/20/24(b)		847			916,276
Bharti Airtel Ltd., 4.38%, 06/10/25(a)(b)		775			827,563
British Telecommunications PLC
3.25%, 11/08/29 (Call 08/08/29)(a)(b)		850			880,660
4.25%, 11/08/49 (Call 05/08/49)(b)		755			810,544
4.50%, 12/04/23 (Call 11/04/23)(a)		557			592,753
5.13%, 12/04/28 (Call 09/04/28)(a)		410			465,452
9.63%, 12/15/30		2,133			3,177,999
Cisco Systems Inc.
2.20%, 09/20/23 (Call 07/20/23)		578			594,164
2.50%, 09/20/26 (Call 06/20/26)		1,492			1,572,671
2.60%, 02/28/23		216			221,475
2.95%, 02/28/26		818			870,592
3.50%, 06/15/25		137			148,149
3.63%, 03/04/24		1,001			1,063,225
5.50%, 01/15/40		1,675			2,363,697
5.90%, 02/15/39		1,109			1,606,672
Corning Inc.
3.90%, 11/15/49 (Call 05/15/49)(a)		336			388,009
4.38%, 11/15/57 (Call 05/15/57)(a)		305			374,923
4.70%, 03/15/37		345			415,949
4.75%, 03/15/42		385			491,751
5.35%, 11/15/48 (Call 05/15/48)(a)		356			496,112
5.45%, 11/15/79 (Call 05/19/79)		826			1,128,129
5.75%, 08/15/40(a)		421			575,664
5.85%, 11/15/68 (Call 05/15/68)		388			581,339
7.25%, 08/15/36 (Call 08/15/26)		182			222,527
Deutsche Telekom AG, 3.63%, 01/21/50 (Call 07/21/49)(a)(b)		1,147			1,237,477

82

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Telecommunications (continued)
Deutsche Telekom International Finance BV
2.49%, 09/19/23 (Call 07/19/23)(b)	$	590		$	604,128
3.60%, 01/19/27 (Call 10/19/26)(a)(b)		1,389			1,496,582
4.38%, 06/21/28 (Call 03/21/28)(b)		1,216			1,373,015
4.75%, 06/21/38 (Call 12/21/37)(a)(b)		668			816,094
4.88%, 03/06/42(a)(b)		641			806,796
8.75%, 06/15/30		2,446			3,577,798
9.25%, 06/01/32		761			1,212,335
Empresa Nacional de Telecomunicaciones SA
3.05%, 09/14/32 (Call 06/14/32)(a)(b)		270			258,862
4.75%, 08/01/26 (Call 05/03/26)(b)		911			982,750
Juniper Networks Inc.
1.20%, 12/10/25 (Call 11/10/25)(a)		686			678,595
2.00%, 12/10/30 (Call 09/10/30)		213			203,597
3.75%, 08/15/29 (Call 05/15/29)		902			984,114
5.95%, 03/15/41		855			1,137,672
Koninklijke KPN NV, 8.38%, 10/01/30		393			561,781
Level 3 Financing Inc.
3.40%, 03/01/27 (Call 01/01/27)(b)		687			704,175
3.88%, 11/15/29 (Call 08/15/29)(a)(b)		632			652,515
Motorola Solutions Inc.
2.30%, 11/15/30 (Call 08/15/30)		889			872,136
2.75%, 05/24/31 (Call 02/24/31)		750			753,771
4.00%, 09/01/24		974			1,039,138
4.60%, 02/23/28 (Call 11/23/27)(a)		332			380,867
4.60%, 05/23/29 (Call 02/23/29)		534			612,587
5.50%, 09/01/44		56			73,207
NBN Co. Ltd.
1.45%, 05/05/26 (Call 04/05/26)(a)(b)		1,330			1,310,378
2.50%, 01/08/32 (Call 10/08/31)(b)		200			199,492
2.63%, 05/05/31 (Call 02/05/31)(a)(b)		1,172			1,184,641
NTT Finance Corp.
0.37%, 03/03/23(a)(b)		830			827,582
0.58%, 03/01/24(b)		945			936,055
1.16%, 04/03/26 (Call 03/03/26)(a)(b)		2,354			2,312,126
1.59%, 04/03/28 (Call 02/03/28)(a)(b)		1,395			1,373,698
2.07%, 04/03/31 (Call 01/03/31)(b)		1,030			1,036,250
Ooredoo International Finance Ltd.
2.63%, 04/08/31(b)		760			759,957
3.25%, 02/21/23(b)		319			326,779
3.75%, 06/22/26(a)(b)		1,663			1,801,225
3.88%, 01/31/28(a)(b)		295			325,049
4.50%, 01/31/43(a)(b)		355			426,936
Orange SA
5.38%, 01/13/42		291			385,903
5.50%, 02/06/44 (Call 08/06/43)		828			1,149,114
9.00%, 03/01/31		2,138			3,288,850
Rogers Communications Inc.
2.90%, 11/15/26 (Call 08/15/26)(a)		642			670,989
3.00%, 03/15/23 (Call 12/15/22)		252			257,150
3.63%, 12/15/25 (Call 09/15/25)		594			634,327
3.70%, 11/15/49 (Call 05/15/49)(a)		823			865,111
4.10%, 10/01/23 (Call 07/01/23)		692			725,660
4.30%, 02/15/48 (Call 08/15/47)(a)		626			715,107
4.35%, 05/01/49 (Call 11/01/48)(a)		786			908,751
4.50%, 03/15/43 (Call 09/15/42)		553			634,168
5.00%, 03/15/44 (Call 09/15/43)(a)		923			1,132,836
5.45%, 10/01/43 (Call 04/01/43)(a)		454			589,148
7.50%, 08/15/38(a)		355			536,373
Saudi Telecom Co., 3.89%, 05/13/29(a)(b)		900			990,720

	Par
Security		(000	)		Value
Telecommunications (continued)
SES Global Americas Holdings GP, 5.30%, 03/25/44(a)(b)	$	229		$	264,799
SES SA
3.60%, 04/04/23(b)		469			483,797
5.30%, 04/04/43(b)		315			370,539
Telefonica Emisiones SA
4.10%, 03/08/27		1,342			1,480,456
4.67%, 03/06/38		551			640,377
4.90%, 03/06/48		1,109			1,344,295
5.21%, 03/08/47		1,760			2,202,984
5.52%, 03/01/49 (Call 09/01/48)		1,113			1,447,378
7.05%, 06/20/36		1,722			2,471,044
Telefonica Europe BV, 8.25%, 09/15/30		898			1,279,452
Telstra Corp. Ltd., 3.13%, 04/07/25 (Call 01/07/25)(a)(b)		543			573,198
TELUS Corp.
2.80%, 02/16/27 (Call 11/16/26)		872			912,884
3.70%, 09/15/27 (Call 06/15/27)		216			235,377
4.30%, 06/15/49 (Call 12/15/48)(a)		324			401,570
4.60%, 11/16/48 (Call 05/16/48)		856			1,110,582
T-Mobile USA Inc.
1.50%, 02/15/26 (Call 01/15/26)		990			976,907
2.05%, 02/15/28 (Call 12/15/27)		1,524			1,501,343
2.25%, 11/15/31 (Call 08/15/31)		1,357			1,303,116
2.55%, 02/15/31 (Call 11/15/30)		2,037			2,008,383
3.00%, 02/15/41 (Call 08/15/40)		2,177			2,077,707
3.30%, 02/15/51 (Call 08/15/50)		2,240			2,177,815
3.40%, 10/15/52 (Call 04/15/52)(a)(b)		570			565,205
3.50%, 04/15/25 (Call 03/15/25)		2,479			2,622,380
3.60%, 11/15/60 (Call 05/15/60)		805			801,132
3.60%, 11/15/60 (Call 05/15/60)(b)		600			597,117
3.75%, 04/15/27 (Call 02/15/27)		3,154			3,390,890
3.88%, 04/15/30 (Call 01/15/30)		4,966			5,397,268
4.38%, 04/15/40 (Call 10/15/39)		1,514			1,719,226
4.50%, 04/15/50 (Call 10/15/49)		2,469			2,887,620
Verizon Communications Inc.
0.75%, 03/22/24		693			688,678
0.85%, 11/20/25 (Call 10/20/25)		936			909,139
1.45%, 03/20/26 (Call 02/20/26)		827			821,233
1.50%, 09/18/30 (Call 06/18/30)(a)		630			591,603
1.68%, 10/30/30 (Call 07/30/30)		798			753,154
1.75%, 01/20/31 (Call 10/20/30)(a)		2,132			2,018,773
2.10%, 03/22/28 (Call 01/22/28)		825			822,852
2.36%, 03/15/32 (Call 12/15/31)(b)		4,335			4,290,767
2.55%, 03/21/31 (Call 12/21/30)		741			748,949
2.63%, 08/15/26		2,225			2,319,197
2.65%, 11/20/40 (Call 05/20/40)		1,752			1,672,687
2.85%, 09/03/41 (Call 03/03/41)(a)		595			591,365
2.88%, 11/20/50 (Call 05/20/50)		2,472			2,408,354
2.99%, 10/30/56 (Call 04/30/56)		2,991			2,877,586
3.00%, 03/22/27 (Call 01/22/27)		884			933,404
3.00%, 11/20/60 (Call 05/20/60)		1,900			1,819,665
3.15%, 03/22/30 (Call 12/22/29)		1,660			1,761,455
3.38%, 02/15/25		1,244			1,320,819
3.40%, 03/22/41 (Call 09/22/40)		3,033			3,223,896
3.50%, 11/01/24 (Call 08/01/24)		944			1,004,689
3.55%, 03/22/51 (Call 09/22/50)(a)		3,420			3,750,057
3.70%, 03/22/61 (Call 09/22/60)(a)		2,502			2,763,934
3.85%, 11/01/42 (Call 05/01/42)		984			1,094,082
3.88%, 02/08/29 (Call 11/08/28)		1,253			1,387,021
4.00%, 03/22/50 (Call 09/22/49)		1,319			1,531,538
4.02%, 12/03/29 (Call 09/03/29)		2,775			3,111,563

 83

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Telecommunications (continued)
4.13%, 03/16/27	$	3,020		$	3,355,707
4.13%, 08/15/46		1,182			1,387,280
4.27%, 01/15/36		1,976			2,321,642
4.33%, 09/21/28		3,688			4,200,518
4.40%, 11/01/34 (Call 05/01/34)		1,859			2,179,361
4.50%, 08/10/33		2,677			3,158,217
4.75%, 11/01/41		898			1,126,061
4.81%, 03/15/39		1,140			1,424,069
4.86%, 08/21/46		3,065			4,033,795
5.25%, 03/16/37		888			1,162,838
5.50%, 03/16/47(a)		175			249,719
6.40%, 09/15/33		90			121,313
6.40%, 02/15/38(a)		135			190,619
6.55%, 09/15/43		350			550,436
7.75%, 12/01/30		170			242,367
Vodafone Group PLC
3.75%, 01/16/24		180			190,648
4.13%, 05/30/25		1,557			1,692,902
4.25%, 09/17/50(a)		1,292			1,488,151
4.38%, 05/30/28		2,174			2,455,617
4.38%, 02/19/43		1,177			1,379,569
4.88%, 06/19/49(a)		1,500			1,875,683
5.00%, 05/30/38		922			1,147,880
5.13%, 06/19/59		387			509,237
5.25%, 05/30/48		2,100			2,731,680
6.15%, 02/27/37		1,410			1,914,883
6.25%, 11/30/32(a)		621			823,224
7.88%, 02/15/30		635			890,293
Xiaomi Best Time International Ltd.
2.88%, 07/14/31 (Call 04/14/31)(b)		400			394,608
3.38%, 04/29/30 (Call 01/29/30)(a)(b)		115			119,546
4.10%, 07/14/51 (Call 01/14/51)(a)(b)		275			284,872
					298,827,551
Textiles — 0.0%
Mohawk Industries Inc., 3.85%, 02/01/23 (Call 11/01/22)(a)		29			29,782
Toys, Games & Hobbies — 0.1%
Hasbro Inc.
3.00%, 11/19/24 (Call 10/19/24)		405			423,194
3.50%, 09/15/27 (Call 06/15/27)		462			498,689
3.55%, 11/19/26 (Call 09/19/26)		827			887,610
3.90%, 11/19/29 (Call 08/19/29)		749			823,449
5.10%, 05/15/44 (Call 11/15/43)		352			431,610
6.35%, 03/15/40(a)		514			721,425
					3,785,977
Transportation — 2.1%
AP Moller - Maersk A/S
3.75%, 09/22/24 (Call 12/06/21)(b)		218			233,451
3.88%, 09/28/25 (Call 06/28/25)(b)		195			211,352
4.50%, 06/20/29 (Call 03/20/29)(b)		485			556,531
Burlington Northern Santa Fe LLC
2.88%, 06/15/52 (Call 12/15/51)		45			45,553
3.00%, 03/15/23 (Call 12/15/22)		125			127,961
3.00%, 04/01/25 (Call 01/01/25)		472			499,595
3.05%, 02/15/51 (Call 08/15/50)		686			709,611
3.25%, 06/15/27 (Call 03/15/27)(a)		433			469,485
3.30%, 09/15/51 (Call 03/15/51)		570			622,479
3.40%, 09/01/24 (Call 06/01/24)		829			877,824
3.55%, 02/15/50 (Call 08/15/49)		558			634,848
3.65%, 09/01/25 (Call 06/01/25)		408			440,460

	Par
Security		(000	)		Value
Transportation (continued)
3.75%, 04/01/24 (Call 01/01/24)	$	560		$	592,171
3.85%, 09/01/23 (Call 06/01/23)		632			661,833
3.90%, 08/01/46 (Call 02/01/46)		504			597,505
4.05%, 06/15/48 (Call 12/15/47)		811			985,842
4.13%, 06/15/47 (Call 12/15/46)		680			832,532
4.15%, 04/01/45 (Call 10/01/44)		880			1,072,228
4.15%, 12/15/48 (Call 06/15/48)		694			859,100
4.38%, 09/01/42 (Call 03/01/42)		702			869,482
4.40%, 03/15/42 (Call 09/15/41)(a)		600			738,682
4.45%, 03/15/43 (Call 09/15/42)		567			709,205
4.55%, 09/01/44 (Call 03/01/44)		680			864,100
4.70%, 09/01/45 (Call 03/01/45)		705			922,205
4.90%, 04/01/44 (Call 10/01/43)		667			883,414
4.95%, 09/15/41 (Call 03/15/41)		300			390,342
5.05%, 03/01/41 (Call 09/01/40)		105			137,228
5.15%, 09/01/43 (Call 03/01/43)(a)		545			738,333
5.40%, 06/01/41 (Call 12/01/40)		614			833,607
5.75%, 05/01/40 (Call 11/01/39)		600			834,148
6.15%, 05/01/37		322			464,041
6.20%, 08/15/36(a)		155			221,627
7.00%, 12/15/25		333			405,199
7.95%, 08/15/30(a)		150			215,927
Canadian National Railway Co.
2.45%, 05/01/50 (Call 11/01/49)		422			396,891
2.75%, 03/01/26 (Call 12/01/25)		500			525,571
2.95%, 11/21/24 (Call 08/21/24)		531			556,964
3.20%, 08/02/46 (Call 02/02/46)(a)		420			449,782
3.65%, 02/03/48 (Call 08/03/47)		574			659,979
4.45%, 01/20/49 (Call 07/20/48)(a)		606			784,167
4.50%, 11/07/43 (Call 05/07/43)(a)		275			331,626
6.20%, 06/01/36		215			302,340
6.25%, 08/01/34		881			1,224,784
6.38%, 11/15/37		420			597,044
6.90%, 07/15/28		240			312,925
Canadian Pacific Railway Co.
1.75%, 12/02/26 (Call 11/02/26)		285			285,160
2.05%, 03/05/30 (Call 12/05/29)(a)		417			412,609
2.45%, 12/02/31 (Call 09/02/31)		685			693,358
2.90%, 02/01/25 (Call 11/01/24)		459			481,003
3.00%, 12/02/41 (Call 06/02/41)		460			468,340
3.10%, 12/02/51 (Call 06/02/51)		595			611,946
3.70%, 02/01/26 (Call 11/01/25)		651			700,497
4.00%, 06/01/28 (Call 03/01/28)		455			509,880
4.45%, 03/15/23 (Call 12/15/22)		50			51,936
4.80%, 09/15/35 (Call 03/15/35)(a)		430			533,867
4.80%, 08/01/45 (Call 02/01/45)		88			115,412
5.75%, 03/15/33(a)		845			1,092,387
5.75%, 01/15/42		300			412,077
5.95%, 05/15/37		542			744,277
6.13%, 09/15/2115 (Call 03/15/2115)		236			356,907
7.13%, 10/15/31		475			657,693
CH Robinson Worldwide Inc., 4.20%, 04/15/28 (Call 01/15/28)		476			537,180
CSX Corp.
2.40%, 02/15/30 (Call 11/15/29)(a)		766			783,349
2.50%, 05/15/51 (Call 11/15/50)(a)		555			515,406
2.60%, 11/01/26 (Call 08/01/26)(a)		525			552,295
3.25%, 06/01/27 (Call 03/01/27)		637			684,280
3.35%, 11/01/25 (Call 08/01/25)		510			546,893
3.35%, 09/15/49 (Call 03/15/49)		460			494,817

84

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Transportation (continued)
3.40%, 08/01/24 (Call 05/01/24)	$	211		$	223,199
3.80%, 03/01/28 (Call 12/01/27)		568			624,958
3.80%, 11/01/46 (Call 05/01/46)		671			768,604
3.80%, 04/15/50 (Call 10/15/49)		186			217,444
3.95%, 05/01/50 (Call 11/01/49)(a)		393			470,509
4.10%, 03/15/44 (Call 09/15/43)		533			626,300
4.25%, 03/15/29 (Call 12/15/28)		762			869,966
4.25%, 11/01/66 (Call 05/01/66)		265			330,795
4.30%, 03/01/48 (Call 09/01/47)		643			787,039
4.40%, 03/01/43 (Call 09/01/42)		345			413,627
4.50%, 03/15/49 (Call 09/15/48)		360			458,167
4.50%, 08/01/54 (Call 02/01/54)		390			496,826
4.65%, 03/01/68 (Call 09/01/67)		269			358,006
4.75%, 05/30/42 (Call 11/30/41)(a)		480			605,654
4.75%, 11/15/48 (Call 05/15/48)		578			759,832
5.50%, 04/15/41 (Call 10/15/40)		560			759,192
6.00%, 10/01/36		580			798,180
6.15%, 05/01/37		701			992,525
6.22%, 04/30/40		628			909,554
Empresa de los Ferrocarriles del Estado
3.07%, 08/18/50 (Call 02/18/50)(b)		265			226,906
3.83%, 09/14/61 (Call 03/14/61)(a)(b)		1,050			1,011,948
Empresa de Transporte de Pasajeros Metro SA
3.65%, 05/07/30 (Call 02/07/30)(b)		448			474,172
3.69%, 09/13/61 (Call 03/13/61)(b)		1,175			1,139,762
4.70%, 05/07/50 (Call 11/07/49)(b)		939			1,082,010
5.00%, 01/25/47 (Call 07/25/46)(b)		375			432,188
FedEx Corp.
2.40%, 05/15/31 (Call 02/15/31)(a)		640			644,563
3.10%, 08/05/29 (Call 05/05/29)(a)		950			1,007,232
3.25%, 04/01/26 (Call 01/01/26)		815			874,065
3.25%, 05/15/41 (Call 11/15/40)		715			728,459
3.40%, 02/15/28 (Call 11/15/27)		479			524,218
3.88%, 08/01/42		533			580,709
3.90%, 02/01/35		618			691,431
4.05%, 02/15/48 (Call 08/15/47)		813			924,634
4.10%, 04/15/43		624			699,842
4.10%, 02/01/45		668			754,034
4.20%, 10/17/28 (Call 07/17/28)		690			789,982
4.25%, 05/15/30 (Call 02/15/30)		670			766,345
4.40%, 01/15/47 (Call 07/15/46)		724			851,209
4.50%, 02/01/65		25			30,396
4.55%, 04/01/46 (Call 10/01/45)		592			717,315
4.75%, 11/15/45 (Call 05/15/45)		682			847,485
4.90%, 01/15/34		970			1,184,677
4.95%, 10/17/48 (Call 04/17/48)		808			1,047,920
5.10%, 01/15/44(a)		799			1,030,662
5.25%, 05/15/50 (Call 11/15/49)		962			1,296,518
JB Hunt Transport Services Inc.
3.85%, 03/15/24 (Call 12/15/23)		60			63,124
3.88%, 03/01/26 (Call 01/01/26)		448			486,660
Kansas City Southern
2.88%, 11/15/29 (Call 08/15/29)		697			733,743
3.00%, 05/15/23 (Call 02/15/23)		450			462,102
3.13%, 06/01/26 (Call 03/01/26)		800			846,976
3.50%, 05/01/50 (Call 11/01/49)		524			568,663
4.20%, 11/15/69 (Call 05/15/69)		171			206,150
4.30%, 05/15/43 (Call 11/15/42)		350			411,452
4.70%, 05/01/48 (Call 11/01/47)		235			298,262
4.95%, 08/15/45 (Call 02/15/45)		619			797,206

	Par
Security		(000	)		Value
Transportation (continued)
Kirby Corp., 4.20%, 03/01/28 (Call 12/01/27)	$	770		$	835,404
Norfolk Southern Corp.
2.30%, 05/15/31 (Call 02/15/31)		450			455,499
2.55%, 11/01/29 (Call 08/01/29)(a)		546			565,411
2.90%, 02/15/23 (Call 11/15/22)		742			756,586
2.90%, 06/15/26 (Call 03/15/26)		737			776,005
2.90%, 08/25/51 (Call 02/25/51)		385			385,391
3.05%, 05/15/50 (Call 11/15/49)		652			663,215
3.15%, 06/01/27 (Call 03/01/27)		248			264,218
3.16%, 05/15/55 (Call 11/15/54)(a)		749			778,900
3.40%, 11/01/49 (Call 05/01/49)		484			530,147
3.65%, 08/01/25 (Call 06/01/25)		225			241,237
3.80%, 08/01/28 (Call 05/01/28)(a)		610			678,477
3.85%, 01/15/24 (Call 10/15/23)		295			309,708
3.94%, 11/01/47 (Call 05/01/47)		626			736,222
3.95%, 10/01/42 (Call 04/01/42)		486			558,317
4.05%, 08/15/52 (Call 02/15/52)		600			728,886
4.10%, 05/15/49 (Call 11/15/48)(a)		414			500,403
4.10%, 05/15/2121 (Call 11/15/2120)		340			395,586
4.15%, 02/28/48 (Call 08/28/47)		385			464,014
4.45%, 06/15/45 (Call 12/15/44)(a)		517			638,622
4.65%, 01/15/46 (Call 07/15/45)		720			914,015
4.84%, 10/01/41		572			722,191
5.10%, 08/01/2118 (Call 02/01/2118)		25			33,729
5.59%, 05/17/25		465			527,252
7.25%, 02/15/31		200			270,457
7.80%, 05/15/27		60			77,679
Pelabuhan Indonesia II PT
4.25%, 05/05/25(b)		1,730			1,855,425
5.38%, 05/05/45(a)(b)		465			551,434
Pelabuhan Indonesia III Persero PT, 4.88%, 10/01/24(b)		386			416,591
Polar Tankers Inc., 5.95%, 05/10/37(b)		100			123,340
Ryder System Inc.
1.75%, 09/01/26 (Call 08/01/26)		385			381,778
2.50%, 09/01/24 (Call 08/01/24)		679			702,970
2.90%, 12/01/26 (Call 10/01/26)		479			501,941
3.35%, 09/01/25 (Call 08/01/25)		392			416,483
3.40%, 03/01/23 (Call 02/01/23)		570			587,711
3.65%, 03/18/24 (Call 02/18/24)		635			670,611
3.75%, 06/09/23 (Call 05/09/23)		167			173,876
3.88%, 12/01/23 (Call 11/01/23)		384			405,785
4.63%, 06/01/25 (Call 05/01/25)		455			501,121
TTX Co.
3.60%, 01/15/25(a)(b)		980			1,045,014
3.90%, 02/01/45 (Call 08/01/44)(b)		50			59,638
4.20%, 07/01/46 (Call 01/01/46)(a)(b)		565			701,864
4.60%, 02/01/49 (Call 08/01/48)(b)		254			338,084
Union Pacific Corp.
2.15%, 02/05/27 (Call 12/05/26)(a)		605			618,954
2.38%, 05/20/31 (Call 02/20/31)(a)		735			750,261
2.40%, 02/05/30 (Call 11/05/29)		733			750,741
2.75%, 04/15/23 (Call 01/15/23)		375			383,233
2.75%, 03/01/26 (Call 12/01/25)		729			765,023
2.89%, 04/06/36 (Call 01/06/36)		255			266,156
2.95%, 01/15/23 (Call 10/15/22)(a)		240			244,632
2.95%, 03/10/52 (Call 09/10/51)(a)		250			256,458
2.97%, 09/16/62 (Call 03/16/62)		692			694,291
3.00%, 04/15/27 (Call 01/15/27)(a)		438			464,330
3.15%, 03/01/24 (Call 02/01/24)		560			585,516
3.20%, 05/20/41 (Call 11/20/40)		735			786,203

 85

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Transportation (continued)
3.25%, 01/15/25 (Call 10/15/24)	$	361		$	381,652
3.25%, 08/15/25 (Call 05/15/25)		540			576,121
3.25%, 02/05/50 (Call 08/05/49)		652			703,791
3.35%, 08/15/46 (Call 02/15/46)(a)		55			59,191
3.38%, 02/01/35 (Call 08/01/34)		1,106			1,206,986
3.50%, 06/08/23 (Call 05/08/23)		566			588,711
3.55%, 08/15/39 (Call 02/15/39)		646			723,242
3.55%, 05/20/61 (Call 11/20/60)		415			459,659
3.60%, 09/15/37 (Call 03/15/37)		812			913,138
3.65%, 02/15/24 (Call 11/15/23)(a)		220			230,952
3.70%, 03/01/29 (Call 12/01/28)(a)		721			800,746
3.75%, 03/15/24 (Call 12/15/23)		505			532,902
3.75%, 07/15/25 (Call 05/15/25)		365			394,507
3.75%, 02/05/70 (Call 08/05/69)		655			761,991
3.80%, 10/01/51 (Call 04/01/51)		280			327,961
3.80%, 04/06/71 (Call 10/06/70)		295			347,709
3.84%, 03/20/60 (Call 09/20/59)		1,407			1,680,676
3.88%, 02/01/55 (Call 08/01/54)		480			554,865
3.95%, 09/10/28 (Call 06/10/28)		835			935,830
3.95%, 08/15/59 (Call 02/15/59)		500			596,761
4.00%, 04/15/47 (Call 10/15/46)		630			748,584
4.05%, 11/15/45 (Call 05/15/45)(a)		485			570,019
4.05%, 03/01/46 (Call 09/01/45)		798			939,079
4.10%, 09/15/67 (Call 03/15/67)		507			625,458
4.30%, 03/01/49 (Call 09/01/48)		723			910,769
4.50%, 09/10/48 (Call 03/10/48)		255			325,499
6.63%, 02/01/29(a)		25			32,212
United Parcel Service Inc.
2.20%, 09/01/24 (Call 08/01/24)		459			473,035
2.40%, 11/15/26 (Call 08/15/26)(a)		443			464,472
2.50%, 04/01/23 (Call 03/01/23)		481			491,826
2.50%, 09/01/29 (Call 06/01/29)		537			561,316
2.80%, 11/15/24 (Call 09/15/24)		534			558,634
3.05%, 11/15/27 (Call 08/15/27)(a)		1,061			1,145,956
3.40%, 03/15/29 (Call 12/15/28)		797			864,860
3.40%, 11/15/46 (Call 05/15/46)		600			684,870
3.40%, 09/01/49 (Call 03/01/49)		804			926,320
3.63%, 10/01/42(a)		751			867,146
3.75%, 11/15/47 (Call 05/15/47)		430			517,801
3.90%, 04/01/25 (Call 03/01/25)		1,047			1,133,052
4.25%, 03/15/49 (Call 09/15/48)(a)		384			494,495
4.45%, 04/01/30 (Call 01/01/30)		723			853,222
4.88%, 11/15/40 (Call 05/15/40)		255			338,821
5.20%, 04/01/40 (Call 10/01/39)		533			723,006
5.30%, 04/01/50 (Call 10/01/49)		975			1,454,636
6.20%, 01/15/38		769			1,122,019
United Parcel Service of America Inc., 7.62%, 04/01/30(a)(e)		80			112,579
Walmart Inc.
1.05%, 09/17/26 (Call 08/17/26)(a)		255			252,115
1.50%, 09/22/28 (Call 07/22/28)(a)		445			441,302
1.80%, 09/22/31 (Call 06/22/31)		1,400			1,384,724
2.50%, 09/22/41 (Call 03/22/41)		2,205			2,258,237
2.65%, 09/22/51 (Call 03/22/51)		2,360			2,440,520
					142,645,950
Trucking & Leasing — 0.3%
DAE Funding LLC
1.55%, 08/01/24 (Call 07/01/24)(b)		200			196,260
2.63%, 03/20/25 (Call 02/20/25)(b)		1,375			1,380,816
3.38%, 03/20/28 (Call 01/20/28)(a)(b)		605			612,127

	Par
Security		(000	)		Value
Trucking & Leasing (continued)
GATX Corp.
1.90%, 06/01/31 (Call 03/01/31)(a)	$	680		$	644,538
3.10%, 06/01/51 (Call 12/01/50)(a)		360			353,343
3.25%, 03/30/25 (Call 12/30/24)		130			135,880
3.25%, 09/15/26 (Call 06/15/26)		668			707,341
3.50%, 03/15/28 (Call 12/15/27)		198			213,944
3.85%, 03/30/27 (Call 12/30/26)		452			489,728
3.90%, 03/30/23		202			209,691
4.00%, 06/30/30 (Call 03/30/30)		325			361,491
4.35%, 02/15/24 (Call 01/15/24)		422			449,638
4.50%, 03/30/45 (Call 09/30/44)(a)		125			146,531
4.55%, 11/07/28 (Call 08/07/28)		340			390,040
4.70%, 04/01/29 (Call 01/01/29)(a)		545			628,059
5.20%, 03/15/44 (Call 09/15/43)(a)		290			373,731
Penske Truck Leasing Co. LP/PTL Finance Corp.
1.20%, 11/15/25 (Call 10/15/25)(b)		1,372			1,346,498
1.70%, 06/15/26 (Call 05/15/26)(b)		635			630,063
2.70%, 03/14/23 (Call 02/14/23)(b)		545			556,660
2.70%, 11/01/24 (Call 10/01/24)(b)		533			551,427
3.35%, 11/01/29 (Call 08/01/29)(b)		223			237,254
3.40%, 11/15/26 (Call 08/15/26)(b)		295			313,574
3.45%, 07/01/24 (Call 06/01/24)(a)(b)		663			698,916
3.90%, 02/01/24 (Call 01/01/24)(b)		443			466,717
3.95%, 03/10/25 (Call 01/10/25)(b)		614			657,660
4.00%, 07/15/25 (Call 06/15/25)(b)		154			166,334
4.13%, 08/01/23 (Call 07/01/23)(b)		250			262,176
4.20%, 04/01/27 (Call 01/01/27)(a)(b)		562			623,037
4.25%, 01/17/23(b)		456			472,951
4.45%, 01/29/26 (Call 11/29/25)(b)		308			339,664
SMBC Aviation Capital Finance DAC
1.90%, 10/15/26 (Call 09/15/26)(b)		3,185			3,172,216
2.30%, 06/15/28 (Call 04/15/28)(a)(b)		250			249,095
4.13%, 07/15/23 (Call 06/15/23)(b)		415			434,495
					18,471,895
Venture Capital — 0.0%
Hercules Capital Inc., 2.63%, 09/16/26 (Call 08/16/26)		280			276,233
Water — 0.2%
American Water Capital Corp.
2.30%, 06/01/31 (Call 03/01/31)(a)		455			455,961
2.80%, 05/01/30 (Call 02/01/30)		475			492,571
2.95%, 09/01/27 (Call 06/01/27)		547			578,591
3.00%, 12/01/26 (Call 09/01/26)(a)		375			398,163
3.25%, 06/01/51 (Call 12/01/50)		400			422,343
3.40%, 03/01/25 (Call 12/01/24)		576			610,660
3.45%, 06/01/29 (Call 03/01/29)		661			720,555
3.45%, 05/01/50 (Call 11/01/49)		549			599,356
3.75%, 09/01/28 (Call 06/01/28)(a)		809			894,125
3.75%, 09/01/47 (Call 03/01/47)		386			439,222
3.85%, 03/01/24 (Call 12/01/23)		440			464,912
4.00%, 12/01/46 (Call 06/01/46)		276			325,546
4.15%, 06/01/49 (Call 12/01/48)		614			744,588
4.20%, 09/01/48 (Call 03/01/48)(a)		532			651,303
4.30%, 12/01/42 (Call 06/01/42)		395			479,874
4.30%, 09/01/45 (Call 03/01/45)		329			404,236
6.59%, 10/15/37		399			581,421
Aquarion Co., 4.00%, 08/15/24 (Call 05/15/24)(a)(b)		2			2,122
Essential Utilities Inc.
2.40%, 05/01/31 (Call 02/01/31)		460			459,152
2.70%, 04/15/30 (Call 01/15/30)		509			518,911

86

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021	(Percentages shown are based on Net Assets)

	Par
Security		(000	)		Value
Water (continued)
3.35%, 04/15/50 (Call 10/15/49)	$	367		$	390,263
3.57%, 05/01/29 (Call 02/01/29)		415			448,623
4.28%, 05/01/49 (Call 11/01/48)		491			601,520
United Utilities PLC, 6.88%, 08/15/28(a)		130			166,856
					11,850,874
Total Corporate Bonds & Notes — 98.0%
(Cost: $6,585,555,184)					6,593,455,815
Foreign Government Obligations(g)
Panama — 0.0%
Banco Latinoamericano de Comercio Exterior SA, 2.38%, 09/14/25 (Call 08/15/25)(b)		440			437,844
South Korea — 0.1%
Korea Electric Power Corp.
1.13%, 06/15/25(b)		460			455,708
5.13%, 04/23/34(b)		360			456,232
Korea Gas Corp.
1.13%, 07/13/26(b)		250			245,435
2.00%, 07/13/31(b)		280			278,076
3.13%, 07/20/27(b)		734			789,076
Korea Hydro & Nuclear Power Co. Ltd.
3.13%, 07/25/27(b)		1,020			1,095,915
3.75%, 07/25/23(b)		395			414,651
Korea National Oil Corp.
0.88%, 10/05/25(a)(b)		647			633,750
1.25%, 04/07/26(b)		1,000			982,903
2.50%, 10/24/26(b)		143			148,662
3.25%, 10/01/25(b)		450			480,473
3.38%, 03/27/27(a)(b)		500			543,000
4.00%, 01/23/24(b)		445			473,826
					6,997,707
Total Foreign Government Obligations — 0.1%
(Cost: $7,355,473)					7,435,551

	Shares
Security		(000	)		Value
Short-Term Investments
Money Market Funds — 10.1%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.06%(h)(i)(j)		609,322		$	609,565,944
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(h)(i)		67,309			67,309,000
					676,874,944
Total Short-Term Investments — 10.1%
(Cost: $676,796,852)					676,874,944
Total Investments in Securities — 108.2%
(Cost: $7,269,707,509)					7,277,766,310
Other Assets, Less Liabilities — (8.2)%					(553,013,286	)
Net Assets — 100.0%				$	6,724,753,024

^(a) All or a portion of this security is on loan.

^(b) Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(c) Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

^(d) Perpetual security with no stated maturity date.

^(e) Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

^(f) Zero-coupon bond.

^(g) U.S. dollar denominated security issued by foreign domiciled entity.

^(h) Affiliate of the Fund.

⁽ⁱ⁾ Annualized 7-day yield as of period end.

^(j) All or a portion of this security was purchased with the cash collateral from loaned securities.

Affiliates

Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

Affiliated Issuer	Value at 02/28/21		Purchases at Cost			Proceeds from Sales		Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value at 11/30/21		Shares Held at 11/30/21 (000)		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	468,324,085	$	141,347,033	(a)	$	—	$	(21,164	)	$	(84,010	)	$	609,565,944		609,322	$	632,622	(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		62,859,000		4,450,000	(a)		—		—			—			67,309,000		67,309		3,260			—
								$	(21,164	)	$	(84,010	)	$	676,874,944			$	635,882		$	—

^(a) Represents net amount purchased (sold)

^(b) All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities.

 87

Schedule of Investments (unaudited) (continued)	iShares® Broad USD Investment Grade Corporate Bond ETF
November 30, 2021

Fair Value Measurements

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

• Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and

• Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments)

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements) Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

	Level 1		Level 2		Level 3		Total
Investments
Assets
Corporate Bonds & Notes	$	—	$	6,593,455,815	$	—	$	6,593,455,815
Foreign Government Obligations		—		7,435,551		—		7,435,551
Money Market Funds		676,874,944		—		—		676,874,944
	$	676,874,944	$	6,600,891,366	$	—	$	7,277,766,310

Portfolio Abbreviations - Fixed Income

CMT	Constant Maturity Treasury
JSC	Joint Stock Company
LIBOR	London Interbank Offered Rate
PJSC	Public Joint Stock Company
SOFR	Secured Overnight Financing Rate

88