SCHEDULE 13G/A: BlackRock, Inc. Reports 0% Beneficial Ownership in BlackRock ETF Trust II
Ownership Disclosure Amendment
BlackRock, Inc. has filed an amendment to its Schedule 13G, indicating that it no longer beneficially owns any common stock of BlackRock ETF Trust II, holding 0.0% of the class.
Summary
- BlackRock, Inc. has filed Amendment No. 12 to its Schedule 13G concerning BlackRock ETF Trust II.
- The filing reports that BlackRock, Inc. beneficially owns 0.00 shares of Common Stock of BlackRock ETF Trust II, representing 0.0% of the class.
- This indicates that BlackRock, Inc. no longer holds a reportable beneficial ownership stake (above 5%) in BlackRock ETF Trust II.
- The filing states that BlackRock, Inc. holds no sole or shared voting power, nor sole or shared dispositive power over the securities.
- 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 document also notes that various persons have the right to receive dividends or proceeds from the sale of common stock of ISHARES LARGE CAP DEEP BUF CL1, but no single person's interest in that specific fund exceeds five percent.
Sentiment
Score: 5
Explanation: The document is a routine compliance filing (Schedule 13G Amendment) reporting a change in beneficial ownership to 0%. It contains no positive or negative operational or financial news for the issuer or the reporting entity, making its sentiment neutral.
Future Outlook
The document does not contain any forward-looking statements or guidance regarding the future performance or strategy of BlackRock ETF Trust II or BlackRock, Inc. beyond the reporting of current beneficial ownership.
Management Comments
- "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 update for a major asset manager, BlackRock, Inc., regarding its beneficial ownership in one of its own ETF trusts. It reflects a change in the reporting entity's direct stake, which is common in the dynamic landscape of investment fund management and internal portfolio adjustments.
Stakeholder Impact
- Shareholders of BlackRock ETF Trust II: This filing indicates that BlackRock, Inc. (the parent company of the ETF manager) no longer holds a direct beneficial ownership stake above the 5% reporting threshold in the trust. This is primarily a technical reporting update and does not directly imply a change in the management or investment strategy of the ETF itself.
Key Dates
| Date | Description |
|---|---|
| 2023-04-30 | Date of the previously revoked Power of Attorney. |
| 2025-01-21 | Date of the new Power of Attorney executed by BlackRock, Inc. |
| 2025-01-31 | Date of event which requires filing of this statement (ownership dropped to 0%). |
| 2025-02-07 | Date the Schedule 13G Amendment No. 12 was signed by Spencer Fleming, Managing Director of BlackRock, Inc. |
Keywords
BlackRock, ETF, Trust, Schedule 13G, Beneficial Ownership, SEC Filing, Investment Management, Common Stock, 0% Ownership
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