0001752724-21-217560.txt : 20211014 0001752724-21-217560.hdr.sgml : 20211014 20211014104649 ACCESSION NUMBER: 0001752724-21-217560 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210731 FILED AS OF DATE: 20211014 DATE AS OF CHANGE: 20211014 EFFECTIVENESS DATE: 20211014 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iShares U.S. ETF Trust CENTRAL INDEX KEY: 0001524513 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-22649 FILM NUMBER: 211322718 BUSINESS ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: (415) 670-2000 MAIL ADDRESS: STREET 1: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 0001524513 S000061254 iShares Evolved U.S. Consumer Staples ETF C000198374 iShares Evolved U.S. Consumer Staples ETF IECS 0001524513 S000061255 iShares Evolved U.S. Discretionary Spending ETF C000198375 iShares Evolved U.S. Discretionary Spending ETF IEDI 0001524513 S000061256 iShares Evolved U.S. Financials ETF C000198376 iShares Evolved U.S. Financials ETF IEFN 0001524513 S000061257 iShares Evolved U.S. Healthcare Staples ETF C000198377 iShares Evolved U.S. Healthcare Staples ETF IEHS 0001524513 S000061258 iShares Evolved U.S. Innovative Healthcare ETF C000198378 iShares Evolved U.S. Innovative Healthcare ETF IEIH 0001524513 S000061259 iShares Evolved U.S. Media and Entertainment ETF C000198379 iShares Evolved U.S. Media and Entertainment ETF IEME 0001524513 S000061260 iShares Evolved U.S. Technology ETF C000198380 iShares Evolved U.S. Technology ETF IETC N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0001524513 XXXXXXXX 811-22649 false false false N-1A S000061258 C000198378 S000061259 C000198379 S000061257 C000198377 S000061255 C000198375 S000061260 C000198380 S000061256 C000198376 S000061254 C000198374 iShares U.S. ETF Trust 811-22649 0001524513 5493002YECWEEITPWL97 400 HOWARD STREET SAN FRANCISCO 94105 US-CA US 800-474-2737 State Street Bank and Trust Company 1 Lincoln Street Boston 02111 617-786-3000 Records related to its functions as administrator, accounting agent, transfer agent and custodian BlackRock Investments, LLC 40 East 52nd St New York 10022 609-282-3046 Records related to its functions as distributor BlackRock Fund Advisors 400 Howard Street San Francisco 94105 415-670-2000 Records related to its functions as advisor N N N-1A 19 Y John E. 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LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 2.72000000 UBS Securities LLC 8-22651 000007654 T6FIZBDPKLYJKFCRVK44 16.65000000 Barclays Capital Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 3.63000000 BofA Securities, Inc. 8-69787 000283942 549300HN4UKV1E2R3U73 0.14000000 50.66000000 National Securities Clearing Corporation 8-164 000007569 549300RYC9NELN2ICA34 13357041.73000000 BlackRock Funds III - BlackRock Cash Funds: Treasury N/A N/A 5493005PQV5UQG4OSI49 920000.00000000 14354384.73000000 N 21507475.39000000 N N N iShares Evolved U.S. Technology ETF S000061260 549300VNXTDKS0Z0DT31 N 0 0 0 Exchange-Traded Fund Y N Y N N BlackRock Institutional Trust Company, National Association 549300RK1FB0VMTPD087 Y N Other Revenue sharing split Cash collateral reinvestment fee Rebates paid to borrowers 236407.00000000 780.00000000 Rule 12d1-1 (17 CFR 270.12d1-1) Rule 17a-7 (17 CFR 270.17a-7) Rule 32a-4 (17 CFR 270.32a-4) Rule 6c-11 (17 CFR 270.6c-11) N N N N BlackRock Fund Advisors 801-22609 000105247 549300YOOGP0Y1M95C20 N State Street Bank and Trust Company 85-05003 571474TGEMMWANRLN572 N N N ICE Data Services, Inc. 13-3668779 Tax ID N Refinitiv US Holdings Inc. 549300NF240HXJO7N016 N Bloomberg L.P. 549300B56MD0ZC402L06 N IHS Markit Ltd. 549300HLPTRASHS0E726 GB N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N N State Street Bank and Trust Company 571474TGEMMWANRLN572 N N N BlackRock Execution Services 8-48719 000039438 549300HFCRQ0NT5KY652 0.00000000 BlackRock Investments, LLC 8-48436 000038642 54930061FBHCKXL2G714 0.00000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 9.52000000 Credit Suisse Securities (USA) LLC 8-422 000000816 1V8Y6QCX6YMJ2OELII46 10.85000000 BofA Securities, Inc. 8-69787 000283942 549300HN4UKV1E2R3U73 64.13000000 Morgan Stanley & Co. 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LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 448.75000000 National Securities Clearing Corporation 8-164 000007569 549300RYC9NELN2ICA34 23635777.22000000 BlackRock Funds III - BlackRock Cash Funds: Treasury N/A N/A 5493005PQV5UQG4OSI49 1446000.00000000 25159118.97000000 N 16125106.65461538 N N N iShares Evolved U.S. Innovative Healthcare ETF S000061258 N 50000.00000000 1.19750000 1.19563193 98.80250000 1.19563193 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 1012.50000000 0.00000000 0.00000000 1012.50000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N iShares Evolved U.S. Media and Entertainment ETF S000061259 Y 50000.00000000 0.75000000 0.38262252 99.25000000 0.38262252 0.88000000 0.50239426 99.12000000 0.50239426 0.00000000 300.00000000 0.00000000 0.00000000 300.00000000 0.00000000 0.00000000 300.00000000 0.00000000 0.00000000 300.00000000 0.00000000 N iShares Evolved U.S. Healthcare Staples ETF S000061257 N 50000.00000000 4.68500000 0.58882449 95.31500000 0.58882449 3.28000000 0.00000000 96.72000000 0.00000000 0.00000000 675.00000000 0.00000000 0.00000000 675.00000000 0.00000000 0.00000000 675.00000000 0.00000000 0.00000000 675.00000000 0.00000000 N iShares Evolved U.S. Discretionary Spending ETF S000061255 N 50000.00000000 1.47000000 0.28284271 98.53000000 0.28284271 2.17000000 0.02828427 97.83000000 0.02828427 0.00000000 1150.00000000 0.00000000 0.00000000 1150.00000000 0.00000000 0.00000000 1150.00000000 0.00000000 0.00000000 1150.00000000 0.00000000 N iShares Evolved U.S. Technology ETF S000061260 Y 50000.00000000 1.16000000 0.54094824 98.84000000 0.54094824 1.04666666 0.70550218 98.95333333 0.70550218 0.00000000 1500.00000000 0.00000000 0.00000000 1500.00000000 0.00000000 0.00000000 1500.00000000 0.00000000 0.00000000 1500.00000000 0.00000000 N iShares Evolved U.S. Financials ETF S000061256 N 50000.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 N iShares Evolved U.S. Consumer Staples ETF S000061254 N 50000.00000000 0.80000000 0.01414213 99.20000000 0.01414213 1.58000000 0.00000000 98.42000000 0.00000000 0.00000000 400.00000000 0.00000000 0.00000000 400.00000000 0.00000000 0.00000000 400.00000000 0.00000000 0.00000000 400.00000000 0.00000000 N true INTERNAL CONTROL RPT 2 NCEN_811-22649_2197494397.txt Report of Independent Registered Public Accounting Firm To the Board of Trustees of iShares U.S. ETF Trust and Shareholders of iShares Evolved U.S. Consumer Staples ETF, iShares Evolved U.S. Discretionary Spending ETF, iShares Evolved U.S. Financials ETF, iShares Evolved U.S. Healthcare Staples ETF, iShares Evolved U.S. Innovative Healthcare ETF, iShares Evolved U.S. Media and Entertainment ETF and iShares Evolved U.S. Technology ETF In planning and performing our audits of the financial statements of the funds listed in Appendix A, (hereafter referred to as the "Funds") as of and for the year ended July 31, 2021, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Funds' internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N- CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Funds' internal control over financial reporting. The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Funds' internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds' internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of July 31, 2021. This report is intended solely for the information and use of the Board of Trustees of iShares U.S. ETF Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ PricewaterhouseCoopers LLP Philadelphia, Pennsylvania September 21, 2021 3 Appendix A iShares U.S. ETF Trust iShares Evolved U.S. Consumer Staples ETF iShares Evolved U.S. Discretionary Spending ETF iShares Evolved U.S. Financials ETF iShares Evolved U.S. Healthcare Staples ETF iShares Evolved U.S. Innovative Healthcare ETF iShares Evolved U.S. Media and Entertainment ETF iShares Evolved U.S. Technology ETF