BLACKROCK ETF TRUST II

Ticker: BCLO CUSIP: 092528850 Class: ISHARES BBB B CL

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (3)

SYON CAPITAL LLC

Value ($000) $830 Shares 16,743

ROYAL BANK OF CANADA

Value ($000) $4,386 Shares 88,436

Value ($000) $1 Shares 14

Institution	Shares	Value ($000)
SYON CAPITAL LLC	16,743	$830
ROYAL BANK OF CANADA	88,436	$4,386
UBS Group AG	14	$1

Increased Positions (2)

Sunbelt Securities, Inc.

Value ($000) $362 (+42.7%) Shares 7,304 (+44.4%)

LPL Financial LLC

Value ($000) $1,903 (+7.8%) Shares 38,377 (+9.1%)

Institution	Prev Shares	Curr Shares	Change
Sunbelt Securities, Inc.	5,059	7,304	+2,245 (+44.4%)
LPL Financial LLC	35,181	38,377	+3,196 (+9.1%)

Decreased Positions (1)

JANE STREET GROUP, LLC

Value ($000) $1,243 (-51.5%) Shares 25,051 (-50.9%)

Institution	Prev Shares	Curr Shares	Change
JANE STREET GROUP, LLC	51,039	25,051	-25,988 (-50.9%)