SCHEDULE 13G/A: Bank of New York Mellon Affirms Minimal Stake in iShares Morningstar Value ETF Through Latest SEC Filing

The Bank of New York Mellon Corporation and its subsidiaries have filed an amended Schedule 13G, reaffirming their beneficial ownership of less than 0.0% in the iShares Morningstar Value ETF, held in the ordinary course of business.

Summary

• The Bank of New York Mellon Corporation and its subsidiaries, including BNY Mellon IHC, LLC, MBC Investments Corp, and MELLON INVESTMENTS Corp, filed an Amendment No. 3 to Schedule 13G.
• The filing pertains to their beneficial ownership in the iShares Morningstar Value ETF (CUSIP 464288109).
• The Bank of New York Mellon Corporation reported sole voting and dispositive power over 1.00 share, representing 0.0% of the class.
• Other reporting entities (BNY Mellon IHC, LLC, MBC Investments Corp, MELLON INVESTMENTS Corp) reported 0.00 shares and 0.0% ownership.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• The filing date is April 21, 2025, for an event date of March 31, 2025.

Sentiment

Score: 5

Explanation: The document is a routine compliance filing (Schedule 13G Amendment) reporting a nominal beneficial ownership (0.0%) in an ETF. It contains no financial performance data, strategic updates, or significant changes that would indicate positive or negative sentiment. It is purely informational and neutral.

Positives

• The filing indicates that the reporting entities hold the securities in the ordinary course of business, suggesting routine investment or custodial activities rather than speculative or control-oriented intentions.
• The low ownership percentage (0.0%) confirms that the reporting entities are not seeking to influence or control the issuer, aligning with the passive investment nature typically associated with Schedule 13G filings.

Future Outlook

NA

Management Comments

• "The filing of this Schedule 13G shall not be construed as an admission that The Bank of New York Mellon Corporation, or its direct or indirect subsidiaries, including The Bank of New York Mellon and BNY Mellon, National Association, are for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owners of any securities covered by this Schedule 13G."
• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."

Industry Context

This filing is a routine compliance disclosure by a major financial institution (Bank of New York Mellon) regarding its passive investment holdings in an Exchange Traded Fund (ETF) managed by iShares (BlackRock). Such filings are common in the asset management industry, where large institutions hold various securities for clients or in their own portfolios, and are required to disclose significant beneficial ownership stakes. The 0.0% ownership indicates a de minimis or nominal holding, typical for a large custodian or asset manager that might hold a vast number of different securities.

Comparison to Industry Standards

• This filing is a standard Schedule 13G amendment, indicating compliance with SEC reporting requirements for beneficial ownership.
• The reported 0.0% ownership is well below the 5% threshold that would typically trigger more scrutiny or suggest an active investment strategy.
• There are no specific comparable companies, projects, or results to list as this is a compliance filing about a very small holding.

Stakeholder Impact

• Shareholders of iShares Morningstar Value ETF: Minimal to no impact, as the reported ownership is 0.0% and held passively.
• Shareholders of Bank of New York Mellon Corporation: Minimal to no impact, as this is a routine compliance filing for a nominal holding.

Key Dates

Keywords

SEC filing, Schedule 13G, Beneficial ownership, iShares Morningstar Value ETF, Bank of New York Mellon Corporation, ETF, Investment, Compliance, Institutional investor