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BlackRock ETF Trust II - iShares Intermediate Muni Income Active ETF
BlackRock ETF Trust II - iShares Intermediate Muni Income Active ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds. It seeks to maintain a dollar-weighted average portfolio duration of four to six years. It seeks to benchmark the performance of its portfolio against the Bloomberg Municipal 3-10 Year Index and the Bloomberg Custom Blend Benchmark which is comprised of 90% Bloomberg 1-15 Year Municipal Bond Index and 10% Bloomberg Municipal High Yield 1-15 Year Index. BlackRock ETF Trust II - iShares Intermediate Muni Income Active ETF was formed on March 16, 2021 and is domiciled in the United States.
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