[SCHEDULE 13G/A] iShares Technology Opportunities Active ETF SEC Filing

Rhea-AI Filing Summary

Truist Financial Corporation filed Amendment No. 1 to Schedule 13G for the iShares Technology Opportunities Active ETF (CUSIP 09290C103, ticker TEK). The filing discloses that, as of 30 June 2025, Truist and its investment-advisory subsidiary beneficially own 979,006.93 shares, representing 0.28 % of the ETF’s outstanding units.

• Voting power: 0 shares (sole or shared).
• Dispositive power: Sole authority over all 979,006.93 shares; no shared dispositive power.
• Filing status: Made under Rule 13d-1(b) as an investment adviser (IA) and parent holding company (HC).
• Purpose: Described as an internal remediation; Truist notes the position has been below 5 % since 2024 and the earlier filing was missed.

Because the stake is well below the 5 % threshold, Truist has no obligation to file further 13D/G updates unless its ownership changes materially. The absence of voting power indicates the shares are likely held in client or discretionary accounts, limiting Truist’s influence over the ETF. Overall, this is a routine compliance disclosure with minimal strategic or financial impact for the ETF or Truist investors.

Positive

• None.

Negative

• Filing remedial for a previously missed submission, highlighting a minor compliance lapse.

Insights

Securities Analyst

TL;DR Truist reveals a 0.28 % passive TEK stake; late but immaterial compliance filing, no voting power, neutral investor impact.

The amended 13G shows Truist’s passive exposure to the iShares Technology Opportunities Active ETF at under 1 million units. With 0 % voting rights and ownership well below the 5 % reporting threshold, the position carries no governance leverage. The filing’s main relevance is procedural: Truist corrects an earlier omission, which may reflect compliance tightening rather than a shift in investment view. From a portfolio perspective, such a small holding neither signals conviction in TEK nor affects Truist’s capital structure. Consequently, the disclosure is non-material to both parties’ valuations and should not influence investment theses.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

BlackRock ETF Trust

(Name of Issuer)

Exchange Traded Fund

(Title of Class of Securities)

09290C103

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 09290C103

1

Names of Reporting Persons

TRUIST FINANCIAL CORP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NORTH CAROLINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 979,006.95
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

979,006.95

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.3 %

12

Type of Reporting Person (See Instructions)

IA, HC

Comment for Type of Reporting Person: Filing completed as part of internal effort to remediate filings not previously submitted. Current ownership is less than 5%. Filing of less than 5% ownership should have been submitted in 2024.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BlackRock ETF Trust
(b)	Address of issuer's principal executive offices: 100 BELLEVUE PARKWAY, 100 BELLEVUE PARKWAY, WILMINGTON, DELAWARE, 19809.
Item 2.
(a)	Name of person filing: Truist Financial Corporation as Parent Holding Company for Truist Advisory Services, Inc. an affiliated Registered Investment Advisor
(b)	Address or principal business office or, if none, residence: 214 North Tryon Street Charlotte, NC 28202
(c)	Citizenship: Truist Financial Corporation is a North Carolina Corporation; Truist Advisory Services, Inc. is a Delaware Corporation
(d)	Title of class of securities: Exchange Traded Fund
(e)	CUSIP No.: 09290C103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 979006.926
(b)	Percent of class: 0.28 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 979006.926
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

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.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

TRUIST FINANCIAL CORP

Signature:	Edward M. Kwiatkowski
Name/Title:	Vice President
Date:	07/07/2025

FAQ

How many TEK ETF shares does Truist Financial own?

Truist reports 979,006.93 shares of the iShares Technology Opportunities Active ETF.

What percentage of the TEK ETF does Truist control?

The filing lists an ownership of approximately 0.28 % of the fund’s outstanding shares.

Does Truist have voting power over its TEK ETF shares?

No. The Schedule 13G states 0 shares of voting power—both sole and shared.

Why did Truist file an amended Schedule 13G for TEK?

Truist says the amendment is part of an internal effort to remediate prior filings not submitted when its stake fell below 5 % in 2024.

Will Truist need to file future reports on its TEK position?

Only if its ownership rises above 5 % or changes materially; current passive ownership is below mandatory thresholds.