BlackRock Partners With the Thurgood Marshall College Fund to Benefit Students at Historically Black Colleges and Universities
BlackRock announced it will partner with the Thurgood Marshall College Fund ("TMCF") to support students of Historically Black Colleges and Universities ("HBCUs") and Predominantly Black Institutions ("PBIs") in their journey to college and into upwardly-mobile careers. TMCF, the largest organization exclusively representing the Black College Community, will receive an annual contribution from BlackRock, which will represent a portion of net revenue from BlackRock's management fee for the BlackRock Liquid Federal Trust Fund ("BLFT"). BLFT is a government money market fund designed for investors seeking to further positive social outcomes through their cash management. Several notable firms have committed as investors or distributors of BLFT, including Bank of America, BNY Mellon, Capital One, The Coca-Cola Company, Google, Jefferies, Lyft, and Verizon.
Dynamic Funds announces intention to assume full operational and investment management responsibilities of nine Dynamic Active ETFs from BlackRock Canada
Dynamic Funds (a division of 1832 Asset Management L.P) and BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly owned subsidiary of BlackRock, Inc. ("BlackRock") (NYSE:BLK), jointly announced today Dynamic Funds' intention to assume management of the nine Dynamic Active exchange-traded funds listed below (collectively, the "Dynamic Active ETFs"), pending regulatory, stock exchange and unitholder approvals.
BlackRock(R) Canada Announces August Cash Distributions for the iShares(R) ETFs
BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the August 2021 cash distributions for the iShares ETFs listed on the TSX or NEO which pay on a monthly basis as well as XIU. Unitholders of record of a fund on August 26, 2021 will receive cash distributions payable in respect of that fund on August 31, 2021.
RBC iShares Expands its Sustainable ETF Platform and Fixed Income Lineup with the addition of Four ETFs
Today, RBC iShares expanded its exchange traded fund ("ETF") lineup with the launch of four new fixed income ETFs (collectively the "iShares ETFs"), including two sustainable fixed income ETFs. All four iShares ETFs are expected to begin trading on the Toronto Stock Exchange (the "TSX") today.
BlackRock Declares Quarterly Dividend of $4.13 on Common Stock
BlackRock, Inc. (NYSE:BLK) today announced that its Board of Directors has declared a quarterly cash dividend of $4.13 per share of common stock, payable September 22, 2021 to shareholders of record at the close of business on September 7, 2021.
BlackRock(R) Canada Announces July Cash Distributions for the iShares(R) ETFs
BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the July 2021 cash distributions for the iShares ETFs listed on the TSX or NEO which pay on a monthly basis. Unitholders of record of a fund on July 27, 2021 will receive cash distributions payable in respect of that fund on July 30, 2021.
One Man Just Sent The $30 Trillion ESG Revolution Into Overdrive
/PRNewswire/ -- With billions of dollars being invested into ESG funds last year, 2020 has been called a "tipping point" year for this mega-trend in global markets. And many are predicting that the ESG boom will continue this summer as investors all over the world may be looking to transform their portfolios by making huge bets on clean energy. Mentioned in today's commentary includes: (NASDAQ: ENPH), (NYSE: NEE), (NYSE: BLK), . (NYSE: UBER), (NYSE: SHOP).
BlackRock Reports Second Quarter 2021 Earnings
BlackRock, Inc. (NYSE: BLK) today released its financial results for the second quarter of 2021. The company's earnings release and supplemental materials are available via ir.blackrock.com/QuarterlyResults.