BNY Mellon Amends iShares J.P. Morgan EM Local Bond ETF Stake
Ticker: BK-PK · Form: SC 13G/A · Filed: Jan 24, 2024 · CIK: 1390777
| Field | Detail |
|---|---|
| Company | Bank Of New York Mellon Corp (BK-PK) |
| Form Type | SC 13G/A |
| Filed Date | Jan 24, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, ETF, amendment, passive-investment
TL;DR
**BNY Mellon updated its iShares J.P. Morgan EM Local Currency Bond ETF holdings, showing continued institutional interest.**
AI Summary
Bank of New York Mellon Corp filed an amended SC 13G/A on January 24, 2024, updating its ownership in the iShares J.P. Morgan EM Local Currency Bond ETF as of December 31, 2023. This filing, an Amendment No. 3, indicates that Bank of New York Mellon Corp continues to hold a significant position in the ETF, likely as a custodian or investment manager, under Rule 13d-1(b). This matters to investors because it confirms a major financial institution's ongoing involvement with the ETF, suggesting stability and institutional interest, which can influence market perception and liquidity.
Why It Matters
This filing confirms Bank of New York Mellon's continued significant involvement with the iShares J.P. Morgan EM Local Currency Bond ETF, providing transparency on institutional holdings and potentially signaling confidence in the ETF's underlying assets.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a major financial institution, indicating no immediate or significant new risks.
Analyst Insight
Investors should note the continued institutional presence in the iShares J.P. Morgan EM Local Currency Bond ETF, which can be a sign of stability, but this filing alone doesn't suggest a need for immediate action beyond routine portfolio review.
Key Numbers
- 464286517 — CUSIP Number (identifies the iShares J.P. Morgan EM Local Currency Bond ETF)
- 0001390777 — Central Index Key (CIK) (identifies Bank of New York Mellon Corp)
- 13-2614959 — IRS Identification Number (identifies The Bank of New York Mellon Corporation)
Key Players & Entities
- Bank of New York Mellon Corp (company) — the reporting person filing the SC 13G/A
- iShares J.P. Morgan EM Local Currency Bond ETF (company) — the issuer of the securities being reported on
- iShares, Inc. (company) — the subject company of the filing
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- Bank of New York Mellon Corp will continue to maintain a significant, non-controlling stake in the iShares J.P. Morgan EM Local Currency Bond ETF. (Bank of New York Mellon Corp) — high confidence, target: December 31, 2024
FAQ
What is the purpose of this specific SC 13G/A filing by Bank of New York Mellon Corp?
This SC 13G/A is an Amendment No. 3 filed by Bank of New York Mellon Corp to update its beneficial ownership in the iShares J.P. Morgan EM Local Currency Bond ETF, as required by Rule 13d-1(b) of the Securities Exchange Act of 1934.
What is the CUSIP number for the securities discussed in this filing?
The CUSIP number for the iShares J.P. Morgan EM Local Currency Bond ETF, the securities discussed, is 464286517, as stated on the cover page of the filing.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023, as indicated in the filing.
Which rule under the Securities Exchange Act of 1934 is Bank of New York Mellon Corp filing under?
Bank of New York Mellon Corp is filing under Rule 13d-1(b), as indicated by the 'X' in the appropriate box on the cover page of the Schedule 13G.
What is the full name of the issuer of the securities being reported on in this SC 13G/A?
The full name of the issuer of the securities is iShares J.P. Morgan EM Local Currency Bond ETF, as stated under 'NAME OF ISSUER' in the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 24, 2024 regarding Bank of New York Mellon Corp (BK-PK).