BlackRock Expands Active ETF Platform with Launch of a Global Government Bond Hedged ETF | BLK Stock News

BlackRock has launched the iShares Global Government Bond USD Hedged Active ETF (NYSE: GGOV), the first actively managed hedged government bond ETF. This fund aims to provide investors with a globally diversified portfolio of government bonds while mitigating risks associated with long-dated US Treasuries. Managed by BlackRock's Global Tactical Asset Allocation team, GGOV combines active investment insights with the convenience of an ETF, targeting higher yields and lower volatility compared to US-only bond indices. The fund is part of BlackRock's extensive active ETF platform, which manages over $52 billion in assets.