Schedule 13G: Weil Company Reports 38.9% Stake in iShares ETF

Rhea-AI Filing Summary

Weil Company, Inc. reported beneficial ownership of 125,009 shares of the BlackRock ETF TrustiShares International Country Rotation Active ETF (CUSIP 09290C764), representing 38.9% of the class. The filing states the shares are held with sole voting and dispositive power by Weil Company, Inc.

The Schedule 13G indicates the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The filing includes Weil Companys San Diego address and is signed by Laura Sword (CFO, CCO).

Positive

• Material disclosure of beneficial ownership: 125,009 shares representing 38.9% of the class
• Sole voting and dispositive power clearly stated for the reporting person
• Certification that shares are held in the ordinary course of business and not to influence control

Negative

• High concentration of ownership (38.9%) in a single reporting person may present governance or liquidity considerations for other holders

Insights

Financial Analyst

TL;DR: A single reporting adviser discloses a large 38.9% stake in the ETF, a material concentration that investors should note.

Weil Company, Inc.s disclosure of 125,009 shares equaling 38.9% of the class is a notable ownership concentration for an ETF vehicle. The filing clarifies sole voting and dispositive power, which means Weil exercises direct control over voting and disposition of these shares. The statement that the position is held in the ordinary course of business and not to influence control is the filers certification but does not change the material fact of significant ownership concentration.

Corporate Governance Expert

TL;DR: Large disclosed stake with sole voting power is governance-relevant even if filer disclaims control intent.

The Schedule 13G identifies Weil Company, Inc. as the reporting person with sole voting and dispositive authority over the disclosed shares. From a governance perspective, holding 38.9% of a class is material because it centralizes voting influence, regardless of the filers stated intent. The filing includes the required certification language and an authorized signature by Laura Sword, CFO and CCO.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

BlackRock ETF Trust - iShares International Country Rotation Active ETF

(Name of Issuer)

Common Stock - ETF

(Title of Class of Securities)

09290C764

(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. 09290C764

1

Names of Reporting Persons

Weil Company, Inc.

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

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 125,009.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 125,009.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

125,009.00

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)

38.9 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BlackRock ETF Trust - iShares International Country Rotation Active ETF
(b)	Address of issuer's principal executive offices: 100 BELLEVUE PARKWAY, WILMINGTON, DELAWARE 19809
Item 2.
(a)	Name of person filing: Weil Company, Inc.
(b)	Address or principal business office or, if none, residence: 11236 EL CAMINO REAL SUITE 200 SAN DIEGO, California 92130
(c)	Citizenship: Weil Company, Inc. - CALIFORNIA
(d)	Title of class of securities: Common Stock - ETF
(e)	CUSIP No.: 09290C764
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: 125,009
(b)	Percent of class: 38.9 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: Weil Company, Inc. - 125,009
	(ii) Shared power to vote or to direct the vote: Weil Company, Inc. - 0
	(iii) Sole power to dispose or to direct the disposition of: Weil Company, Inc. - 125,009
	(iv) Shared power to dispose or to direct the disposition of: Weil Company, Inc. - 0
Item 5.	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.

Weil Company, Inc.

Signature:	Laura Sword
Name/Title:	Laura Sword/CFO, CCO
Date:	08/15/2025

FAQ

What issuer and class does this Schedule 13G cover?

This filing covers BlackRock ETF Trust - iShares International Country Rotation Active ETF for the Common Stock - ETF class (CUSIP 09290C764).

How many shares and what percentage does Weil Company, Inc. report owning?

Weil Company, Inc. reports beneficial ownership of 125,009 shares, representing 38.9% of the class.

Does Weil Company, Inc. have voting and dispositive power over the shares?

Yes. The filing states Weil Company, Inc. has sole voting power of 125,009 shares and sole dispositive power of 125,009 shares.

Is the position claimed to be held to influence control of the issuer?

No. The filer certifies the securities were acquired and are held in the ordinary course of business and were not acquired to change or influence control of the issuer.

Who signed the filing on behalf of Weil Company, Inc.?

The filing is signed by Laura Sword, who is listed as CFO and CCO.