iShares from Blackrock is one of the better funds that you could choose, as far as funds managed by non-Vanguard entities. Beyond not lumping them in the same shitty category as M-L, G-S, and other crappy financial companies, I have nothing to say on the subject.
It's not a -terrible- decision. Might not be the best one though. YMMV, do your own research, etc.