NPORT-EX 2 251615BR073124.htm
Schedule of Investments (unaudited)  
July 31, 2024
iShares® Select Dividend ETF
(Percentages shown are based on Net Assets)
Security   Shares Value
Common Stocks
Aerospace & Defense — 1.0%
Lockheed Martin Corp.
     342,719 $  185,726,280
Automobiles — 1.1%
Ford Motor Co.
  19,783,296  214,055,263
Banks — 14.7%
Citizens Financial Group, Inc.
   8,638,244  368,593,872
Comerica, Inc.
   2,932,877  160,750,988
Fifth Third Bancorp
   6,129,450  259,520,913
First Horizon Corp.
  11,826,518  197,857,646
FNB Corp.
   7,791,692  119,524,555
Huntington Bancshares, Inc.
  18,628,652  278,498,347
KeyCorp
  20,275,081  327,037,057
Regions Financial Corp.
  13,954,525  312,162,724
Truist Financial Corp.
   8,256,772  368,995,141
U.S. Bancorp
   5,716,935  256,576,043
United Bankshares, Inc.
   3,018,887  117,525,271
Valley National Bancorp
   9,719,041  81,639,944
      2,848,682,501
Beverages — 0.9%
Coca-Cola Co. (The)
   2,697,800  180,051,172
Biotechnology — 1.2%
Gilead Sciences, Inc.
   2,952,442  224,562,739
Broadline Retail — 0.3%
Kohl’s Corp.
  2,333,645  50,546,751
Capital Markets — 4.3%
Federated Hermes, Inc., Class B
  1,824,910  62,649,160
Franklin Resources, Inc.
  6,097,977  139,460,734
Invesco Ltd.
  9,725,954  167,869,966
Janus Henderson Group PLC
  2,805,256  104,439,681
Lazard, Inc.
  2,351,960  115,645,873
T Rowe Price Group, Inc.
  2,023,009  231,047,858
      821,113,272
Chemicals — 3.0%
Chemours Co. (The)
  3,113,776  75,259,966
FMC Corp.
  2,727,623  159,184,079
Huntsman Corp.
  3,422,539  81,901,358
LyondellBasell Industries NV, Class A
  2,584,161  257,020,653
      573,366,056
Consumer Finance — 0.7%
OneMain Holdings, Inc.
  2,549,712  133,247,949
Consumer Staples Distribution & Retail — 0.7%
Walgreens Boots Alliance, Inc.
  10,725,432  127,310,878
Containers & Packaging — 4.0%
International Paper Co.
  7,445,945  346,087,524
Packaging Corp. of America
  841,930  168,276,549
Smurfit WestRock PLC
  3,066,629  137,507,644
Sonoco Products Co.
  2,065,264  111,359,035
      763,230,752
Distributors — 0.7%
Genuine Parts Co.
  919,943  135,332,815
Diversified Consumer Services — 0.8%
H&R Block, Inc.
  2,737,783  158,627,147
Diversified Telecommunication Services — 3.6%
AT&T Inc.
  19,238,602  370,343,089
Verizon Communications, Inc.
  8,172,345  331,143,419
      701,486,508
Security   Shares Value
Electric Utilities — 16.0%
Alliant Energy Corp.
   4,165,053 $  231,826,850
American Electric Power Co., Inc.
   2,590,559  254,185,649
Edison International
   3,459,275  276,776,593
Entergy Corp.
   2,238,618  259,612,529
Eversource Energy
   4,134,827  268,391,621
Exelon Corp.
   5,747,600  213,810,720
FirstEnergy Corp.
   5,939,186  248,911,285
IDACORP, Inc.
   1,086,972  106,251,513
NextEra Energy, Inc.
   3,273,731  250,080,311
NRG Energy, Inc.
   2,864,119  215,295,825
OGE Energy Corp.
   4,276,781  165,810,799
Pinnacle West Capital Corp.
   2,466,545  211,111,587
PPL Corp.
   7,350,165  218,446,904
Xcel Energy, Inc.
   3,045,826  177,510,739
      3,098,022,925
Financial Services — 0.5%
Western Union Co. (The)
   7,607,494  90,453,104
Food Products — 2.4%
Conagra Brands, Inc.
   9,124,048  276,641,135
General Mills, Inc.
   2,856,294  191,771,579
      468,412,714
Gas Utilities — 1.5%
New Jersey Resources Corp.
   2,127,639  99,467,123
Southwest Gas Holdings, Inc.
  1,147,205  85,076,723
UGI Corp.
  4,465,975  110,666,861
      295,210,707
Hotels, Restaurants & Leisure — 0.8%
McDonald’s Corp.
  386,567  102,594,882
Wendy’s Co. (The)
  3,577,771  60,571,663
      163,166,545
Household Durables — 1.8%
Garmin Ltd.
  868,165  148,673,256
Newell Brands, Inc.
  8,588,396  73,774,322
Whirlpool Corp.
  1,180,973  120,423,817
      342,871,395
Household Products — 1.2%
Kimberly-Clark Corp.
  1,697,550  229,254,127
Insurance — 7.0%
Cincinnati Financial Corp.
  1,270,763  165,987,063
Fidelity National Financial, Inc., Class A
  3,682,817  204,064,890
MetLife, Inc.
  2,175,909  167,218,607
Old Republic International Corp.
  5,463,312  189,139,861
Principal Financial Group, Inc.
  2,135,200  174,040,152
Prudential Financial, Inc.
  2,238,627  280,544,736
Unum Group
  3,031,552  174,405,186
      1,355,400,495
IT Services — 0.9%
International Business Machines Corp.
  952,621  183,036,599
Media — 2.0%
Interpublic Group of Cos., Inc. (The)
  6,393,076  205,665,255
Omnicom Group, Inc.
  1,811,677  177,616,813
      383,282,068
Metals & Mining — 1.3%
Newmont Corp.
  4,995,597  245,133,945
Multi-Utilities — 10.5%
Avista Corp.
  1,657,875  64,955,543
Black Hills Corp.
  1,461,748  86,316,219
CenterPoint Energy, Inc.
  5,208,819  144,544,727
 
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Schedule of Investments (unaudited)  (continued)
July 31, 2024
iShares® Select Dividend ETF
(Percentages shown are based on Net Assets)
Security   Shares Value
Multi-Utilities (continued)
CMS Energy Corp.
   3,146,818 $  203,913,806
Dominion Energy, Inc.
   6,006,732  321,119,893
DTE Energy Co.
   1,746,516  210,507,573
NiSource, Inc.
   7,897,758  246,804,938
Northwestern Energy Group, Inc.
   1,337,844  71,935,872
Public Service Enterprise Group, Inc.
   3,197,118  255,034,103
Sempra
   2,383,271  190,804,676
WEC Energy Group, Inc.
   2,764,427  237,906,588
      2,033,843,938
Oil, Gas & Consumable Fuels — 4.7%
Chevron Corp.
   1,380,687  221,558,843
Exxon Mobil Corp.
   1,751,729  207,737,542
ONEOK, Inc.
   3,689,630  307,456,868
Valero Energy Corp.
   1,099,086  177,744,188
      914,497,441
Pharmaceuticals — 2.3%
Merck & Co., Inc.
     937,893  106,103,835
Pfizer, Inc.(a)
  11,221,133  342,693,402
      448,797,237
Specialty Retail — 1.4%
Best Buy Co., Inc.
   3,123,895  270,279,395
Technology Hardware, Storage & Peripherals — 2.2%
HP, Inc.
   6,699,625  241,789,466
Seagate Technology Holdings PLC
  1,742,082  177,988,518
      419,777,984
Security   Shares Value
Tobacco — 4.9%
Altria Group, Inc.
  11,872,890 $  581,890,339
Philip Morris International, Inc.
   3,199,977  368,509,351
      950,399,690
Trading Companies & Distributors — 1.3%
MSC Industrial Direct Co., Inc., Class A
     979,141  87,094,592
Watsco, Inc.
     323,646  158,421,480
      245,516,072
Total Long-Term Investments — 99.7%

(Cost: $17,725,786,823)
19,254,696,464
Short-Term Securities
Money Market Funds — 0.2%
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.29%(b)(c)
  44,931,004  44,931,004
Total Short-Term Securities — 0.2%

(Cost: $44,931,004)
44,931,004
Total Investments — 99.9%

(Cost: $17,770,717,827)
19,299,627,468
Other Assets Less Liabilities — 0.1%
24,319,802
Net Assets — 100.0%
$  19,323,947,270
(a) Non-income producing security.
(b) Affiliate of the Fund.
(c) Annualized 7-day yield as of period end.
 
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 31, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer Value at
04/30/24 		Purchases
at Cost 		Proceeds
from Sales 		Net
Realized
Gain (Loss) 		  Change in
Unrealized
Appreciation
(Depreciation) 		  Value at
07/31/24 		Shares
Held at
07/31/24 		Income   Capital
Gain
Distributions
from Underlying
Funds
BlackRock Cash Funds: Institutional, SL Agency Shares(a)
$  — $  337(b) $  — $  (337)   $  —   $  — — $  7,934(c)   $  —
BlackRock Cash Funds: Treasury, SL Agency Shares
 64,708,693  —  (19,777,689)(b)  —    —    44,931,004 44,931,004  555,286    —
        $  (337)   $  —   $  44,931,004   $  563,220   $  —
(a) As of period end, the entity is no longer held.
(b) Represents net amount purchased (sold).
(c) 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.
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Schedule of Investments (unaudited)  (continued)
July 31, 2024
iShares® Select Dividend ETF
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
Description Number of
Contracts 		Expiration
Date 		Notional
Amount
(000) 		Value/
Unrealized
Appreciation
(Depreciation)
Long Contracts        
E-Mini Energy Select Sector Index
90 09/20/24 $  8,842 $  430,796
E-Mini Financials Select Sector Index
246 09/20/24  33,385  1,931,516
E-Mini Utilities Select Sector Index
340 09/20/24  25,109  1,091,182
        $  3,453,494
Fair Value Hierarchy as of Period End
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 the 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 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 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
Assets              
Investments              
Long-Term Investments              
Common Stocks 
$  19,254,696,464   $  —   $  —   $  19,254,696,464
Short-Term Securities              
Money Market Funds
 44,931,004    —    —    44,931,004
  $  19,299,627,468   $  —   $  —   $  19,299,627,468
Derivative Financial Instruments(a)              
Assets              
Equity Contracts
$  3,453,494   $  —   $  —   $  3,453,494
(a) Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.
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