SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

SCHEDULE 13G/A

(RULE 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(b),

(c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2

UNDER THE SECURITIES EXCHANGE ACT OF 1934 (“ACT”)

(FINAL AMENDMENT)

 

 

iShares Floating Rate Bond ETF

(Name of Issuer)

Exchange-Traded Fund

(Title of Class of Securities)

46429B655

(CUSIP Number)

December 31, 2016

(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)

 

 

 

CUSIP No. 46429B655    Page 1 of 8 Pages

 

  1)   

Names of Reporting Persons

IRS Identification No. Of Above Persons

 

The PNC Financial Services Group, Inc.    25-1435979

  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

 

Pennsylvania

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

    5)    

Sole Voting Power

 

*

 

*  See the response to Item  5.

   6)   

Shared Voting Power

 

*

 

*  See the response to Item 5.

   7)   

Sole Dispositive Power

 

*

 

*  See the response to Item  5.

   8)   

Shared Dispositive Power

 

*

 

*  See the response to Item  5.

  9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

*

 

*  See the response to Item  5.

10)  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions  ☐

 

11)  

Percent of Class Represented by Amount in Row (9)

 

*

 

*  See the response to Item  5.

12)  

Type of Reporting Person (See Instructions)

 

HC

CUSIP No. 46429B655    Page 2 of 8 Pages

 

  1)   

Names of Reporting Persons

IRS Identification No. Of Above Persons

 

PNC Bancorp, Inc.    51-0326854

  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

 

Delaware

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

    5)    

Sole Voting Power

 

*

 

*  See the response to Item  5.

   6)   

Shared Voting Power

 

*

 

*  See the response to Item 5.

   7)   

Sole Dispositive Power

 

*

 

*  See the response to Item  5.

   8)   

Shared Dispositive Power

 

*

 

*  See the response to Item  5.

  9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

*

 

*  See the response to Item  5.

10)  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions  ☐

 

11)  

Percent of Class Represented by Amount in Row (9)

 

*

 

*  See the response to Item  5.

12)  

Type of Reporting Person (See Instructions)

 

HC

CUSIP No. 46429B655    Page 3 of 8 Pages

 

  1)   

Names of Reporting Persons

IRS Identification No. Of Above Persons

 

PNC Bank, National Association     22-1146430

  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

 

United States

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

    5)    

Sole Voting Power

 

*

 

*  See the response to Item  5.

   6)   

Shared Voting Power

 

*

 

*  See the response to Item 5.

   7)   

Sole Dispositive Power

 

*

 

*  See the response to Item  5.

   8)   

Shared Dispositive Power

 

*

 

*  See the response to Item  5.

  9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

*

 

*  See the response to Item  5.

10)  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions  ☐

 

11)  

Percent of Class Represented by Amount in Row (9)

 

*

 

*  See the response to Item  5.

12)  

Type of Reporting Person (See Instructions)

 

BK

CUSIP No. 46429B655    Page 4 of 8 Pages

 

  1)   

Names of Reporting Persons

IRS Identification No. Of Above Persons

 

PNC Delaware Trust Company 81-0581990

  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

 

Delaware

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

    5)    

Sole Voting Power

 

*

 

*  See the response to Item  5.

   6)   

Shared Voting Power

 

*

 

*  See the response to Item 5.

   7)   

Sole Dispositive Power

 

*

 

*  See the response to Item  5.

   8)   

Shared Dispositive Power

 

*

 

*  See the response to Item  5.

  9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

*

 

*  See the response to Item  5.

10)  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions  ☐

 

11)  

Percent of Class Represented by Amount in Row (9)

 

*

 

*  See the response to Item  5.

12)  

Type of Reporting Person (See Instructions)

 

BK

CUSIP No. 46429B655    Page 5 of 8 Pages

 

  1)   

Names of Reporting Persons

IRS Identification No. Of Above Persons

 

PNC Investments LLC    42-1604685

  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

 

Delaware

Number of

Shares

Beneficially

Owned By

Each

Reporting

Person

With

    5)    

Sole Voting Power

 

*

 

*  See the response to Item  5.

   6)   

Shared Voting Power

 

*

 

*  See the response to Item 5.

   7)   

Sole Dispositive Power

 

*

 

*  See the response to Item  5.

   8)   

Shared Dispositive Power

 

*

 

*  See the response to Item  5.

  9)  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

*

 

*  See the response to Item  5.

10)  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares See Instructions  ☐

 

11)  

Percent of Class Represented by Amount in Row (9)

 

*

 

*  See the response to Item  5.

12)  

Type of Reporting Person (See Instructions)

 

BD

Page 6 of 8 Pages

ITEM 1(a) - NAME OF ISSUER:

iShares Floating Rate Bond ETF

ITEM 1(b) - ADDRESS OF ISSUER’S PRINCIPAL EXECUTIVE OFFICES:

c/o State Street Bank and Trust Company

200 Clarendon Street

Boston, Massachusetts 02116

ITEM 2(a) - NAME OF PERSON FILING:

The PNC Financial Services Group, Inc.; PNC Bancorp, Inc.; PNC Bank, National

Association; PNC Delaware Trust Company; and PNC Investments LLC

ITEM 2(b) - ADDRESS OF PRINCIPAL BUSINESS OFFICE:

The PNC Financial Services Group, Inc. - 300 Fifth Avenue, Pittsburgh, PA 15222-2401

PNC Bancorp, Inc. - 222 Delaware Avenue, Wilmington, DE 19801

PNC Bank, National Association - 300 Fifth Avenue, Pittsburgh, PA 15222-2401

PNC Delaware Trust Company - 222 Delaware Avenue, Wilmington, DE 19801

PNC Investments LLC - 300 Fifth Avenue, Pittsburgh, PA 15222-2401

ITEM 2(c) - CITIZENSHIP:

The PNC Financial Services Group, Inc. - Pennsylvania

PNC Bancorp, Inc. - Delaware

PNC Bank, National Association - United States

PNC Delaware Trust Company - Delaware

PNC Investments LLC - Delaware

ITEM 2(d) - TITLE OF CLASS OF SECURITIES:

Exchange-Traded Fund

ITEM 2(e) - CUSIP NUMBER:

46429B655

 

ITEM 3 - IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b), CHECK WHETHER THE PERSON FILING IS A:

 

(a)   ☒   Broker or dealer registered under Section 15 of the Exchange Act;
(b)   ☒   Bank as defined in Section 3(a)(6) of the Exchange Act;
(c)   ☐   Insurance Company as defined in Section 3(a)(19) of the Exchange Act;
(d)   ☐   Investment Company registered under Section 8 of the Investment Company Act;
(e)   ☐   An Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)   ☐   An Employee Benefit Plan or Endowment Fund in accordance with Rule 13d-1(b)(1)(ii)(F);
(g)   ☒   A Parent Holding Company or Control Person in accordance with Rule 13d-1(b)(1)(ii)(G);
(h)   ☐   A Savings Association as defined in Section 3(b) of the Federal Deposit Insurance Act;
(i)   ☐   A Church Plan that is excluded from the definition of an Investment Company under Section 3(c)(14) of the Investment Company Act;
(j)   ☐   Group, in accordance with Rule 13d(b)(1)(ii)(J).

If this statement is filed pursuant to Rule 13d-1(c), check this box. ☐

Page 7 of 8 Pages

ITEM 4 - OWNERSHIP:

 

The following information is as of December 31, 2016:

  

(a)    Amount Beneficially Owned:

      *           
        *  See the response to Item 5.      

(b)    Percent of Class:

      *           
        *  See the response to Item 5.      

(c)    Number of shares to which such person has:

   

  (i)   sole power to vote or to direct the vote

      *   

 (ii)   shared power to vote or to direct the  vote

      *   

(iii)   sole power to dispose or to direct the  disposition of

      *   

(iv)   shared power to dispose or to direct the disposition of

      *   
        *  See the response to Item 5.      

The inclusion of the reporting persons and such securities in this report shall not be deemed an admission of beneficial ownership by the reporting persons for the purposes of Section 13(d) or 13(g) of the Act, or for any other purposes.

ITEM 5 - OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

Each reporting person has ceased to beneficially own more than 5% of the stock of the issuer.

ITEM 6 - OWNERSHIP OF MORE THAN FIVE 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:

Included are the following subsidiaries of The PNC Financial Services Group, Inc. - HC:

PNC Bancorp, Inc. - HC (wholly owned subsidiary of The PNC Financial Services Group, Inc.)

PNC Bank, National Association - BK (wholly owned subsidiary of PNC Bancorp, Inc.)

PNC Delaware Trust Company - BK (wholly owned subsidiary of PNC Bank, National Association)

PNC Investments LLC – BD (wholly owned subsidiary of PNC Bank, National Association)

ITEM 8 - IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

Not Applicable.

ITEM 9 - NOTICE OF DISSOLUTION OF GROUP:

Not Applicable.

  Page 8 of 8 Pages

ITEM 10 - CERTIFICATION:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and 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.

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.

 

February 3, 2017

     

February 3, 2017

Date      Date
By:   

/s/ Gregory H. Kozich

      By:   

/s/ Bruce H. Colbourn

Signature - The PNC Financial Services Group, Inc.      Signature - PNC Bancorp, Inc.

Gregory H. Kozich, Senior Vice President & Controller

     

Bruce H. Colbourn, Chairman

Name & Title      Name & Title

February 3, 2017

     

February 3, 2017

Date      Date
By:   

/s/ Gregory H. Kozich

      By:   

/s/ Janet Jolles

Signature – PNC Bank, National Association      Signature – PNC Delaware Trust Company

Gregory H. Kozich, Executive Vice President & Controller

     

Janet Jolles, Fiduciary Director

Name & Title      Name & Title

February 3, 2017

        
Date        
By:   

/s/ Richard R. Guerrini

        
Signature – PNC Investments LLC        

Richard R. Guerrini, President & CEO

        
Name & Title        

AN AGREEMENT TO FILE A JOINT STATEMENT WAS PREVIOUSLY FILED