BlackRock Hedges Its Bets — Literally (ETF Included)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 30 2025
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Source: Benzinga
Launch of New ETF: BlackRock has introduced the iShares Global Government Bond USD Hedged Active ETF (GGOV), the first actively managed ETF that offers USD-hedged exposure to global government bonds, aimed at reducing risk and enhancing yields for investors.
Market Timing and Strategy: GGOV addresses concerns over U.S. Treasury overexposure by providing a diversified global strategy with a currency hedge, catering to investors reassessing their bond portfolios amid rising inflation and changing interest rates.
Analyst Views on GGOV
Wall Street analysts forecast GGOV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GGOV is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 48.419
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Current: 48.419
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
