# EDGAR Filing Document

**Accession Number:** 0001804196
**File Stem:** 0001752724-23-071999
**Filing Date:** 2023-3
**Character Count:** 12709
**Document Hash:** e2eb7cc226ebb528ad2f93bf02a1b36b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-071999.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-071999

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust II
- **CENTRAL INDEX KEY:** 0001804196
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23511
- **FILM NUMBER:** 23774118

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800 882 0052

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### BlackRock AAA CLO ETF (Series ID: S000079064)

| Class ID   | Class Name            | Ticker Symbol   |
|:---|:---|:---|
| C000239899 | BlackRock AAA CLO ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** BlackRock ETF Trust II

- **b. Investment Company Act file number:** 811-23511

- **c. CIK number of Registrant:** 0001804196

- **d. LEI of Registrant:** 549300PLJCTZLQ2LE832

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

**Item A.2. Information about the Series.**

- **a. Name of Series:** BlackRock AAA CLO ETF

- **b. EDGAR series identifier (if any):** S000079064

- **c. LEI of Series:** 529900KNSFG5S5J6YP44

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $26587937.13

**Total Liabilities:** $1238231.54

**Net Assets:** $25349705.59

**Cash Not Reported:** $1812.22

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 11355.78000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000239899 |  |  |  |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $0.00                                      |
| Month 3  | $18451.97                | $193953.94                                 |

**Designated Index Information**

- **Index Name:** JP Morgan CLOIE AAA Index

- **Index Identifier:** JCLOAGTR

### Schedule of Portfolio Investments

| Name                                           | Title                                            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Invesco CLO LTD                                | Invesco CLO 2021-3 Ltd                           | CUSIP: 46146JAA4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $987403.40    | 3.90%             | 2034-10-22      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Peace Park CLO, Ltd.                           | Peace Park CLO Ltd                               | CUSIP: 70470MAC9<br>LEI: 549300XHXTUZ93V6SK42 | Long             | ABS-CBDO         | CORP              | KY        |   1149000 | PA      | $1136268.05   | 4.48%             | 2034-10-20      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd                | Benefit Street Partners CLO XVII Ltd             | CUSIP: 08182BAL2<br>LEI: 5493001ND55H5MJDIQ39 | Long             | ABS-CBDO         | CORP              | KY        |   1100000 | PA      | $1090086.91   | 4.30%             | 2032-07-15      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| AGL CLO 5 Ltd                                  | AGL CLO 5 Ltd                                    | CUSIP: 00119TAF1<br>LEI: 549300N06ILVP775P131 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $990045.60    | 3.91%             | 2034-07-20      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| Symphony CLO Ltd                               | Symphony CLO XXIV Ltd                            | CUSIP: 87167QAC2<br>LEI: 5493007X3UVVYJ005O73 | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $992932.70    | 3.92%             | 2032-01-23      | Floating      | 6.02%                 | No            |                  2 | On Loan: No      |
| Madison Park Funding Ltd                       | Madison Park Funding LIX Ltd                     | CUSIP: 55822EAA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $992346.60    | 3.91%             | 2034-01-18      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Carlyle Global Market Strategies               | CARLYLE US CLO 2021-5 LTD                        | CUSIP: 14317YAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $982600.00    | 3.88%             | 2034-07-20      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| AIG CLO Ltd                                    | AIG CLO 2021-3 LLC                               | CUSIP: 00142QAA9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1250000 | PA      | $1234162.13   | 4.87%             | 2035-01-25      | Floating      | 5.98%                 | No            |                  2 | On Loan: No      |
| Palmer Square CLO Ltd                          | Palmer Square CLO 2021-4 Ltd                     | CUSIP: 69702EAA3<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1525000 | PA      | $1508616.93   | 5.95%             | 2034-10-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Sixth Street CLO LTD.                          | Sixth Street CLO XX Ltd                          | CUSIP: 83012QAA2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1232500.00   | 4.86%             | 2034-10-20      | Floating      | 5.97%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO IV Ltd                             | Elmwood CLO IV Ltd                               | CUSIP: 29002GAB7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $993866.50    | 3.92%             | 2033-04-15      | Floating      | 6.03%                 | No            |                  2 | On Loan: No      |
| Benefit Street Partners CLO Ltd                | Benefit Street Partners CLO XXI Ltd              | CUSIP: 08186RAN9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $986727.60    | 3.89%             | 2034-10-15      | Floating      | 5.96%                 | No            |                  2 | On Loan: No      |
| Gulf Stream Meridian 1 Ltd.                    | Gulf Stream Meridian 4 Ltd                       | CUSIP: 402562AA0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1236335.25   | 4.88%             | 2034-07-15      | Floating      | 5.99%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                               | CIFC Funding 2021-VII Ltd                        | CUSIP: 12567HAC6<br>LEI: 54930089HD7KU5NUS092 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1235476.25   | 4.87%             | 2035-01-23      | Floating      | 5.95%                 | No            |                  2 | On Loan: No      |
| Elmwood CLO X Ltd                              | Elmwood CLO X Ltd                                | CUSIP: 29002VAA6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1500000 | PA      | $1485447.30   | 5.86%             | 2034-10-20      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| AIG CLO Ltd                                    | AIG CLO 2019-2 Ltd                               | CUSIP: 00142MAC4<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |   1000000 | PA      | $990250.00    | 3.91%             | 2033-10-25      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| CIFC Funding Ltd                               | CIFC Funding 2020-III Ltd                        | CUSIP: 12560EAL0<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1000000 | PA      | $988820.80    | 3.90%             | 2034-10-20      | Floating      | 5.94%                 | No            |                  2 | On Loan: No      |
| Flatiron CLO Ltd                               | Flatiron CLO 21 Ltd                              | CUSIP: 33883PAC1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1233108.13   | 4.86%             | 2034-07-19      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| Rockland Park CLO Ltd                          | Rockland Park CLO Ltd                            | CUSIP: 773663AA7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | KY        |   1200000 | PA      | $1184550.84   | 4.67%             | 2034-04-20      | Floating      | 5.93%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                       | Neuberger Berman Loan Advisers CLO 35 Ltd        | CUSIP: 64133CAA7<br>LEI: 549300MYVO80EQUJK294 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1246052.75   | 4.92%             | 2033-01-19      | Floating      | 6.14%                 | No            |                  2 | On Loan: No      |
| Neuberger Berman CLO Ltd                       | Neuberger Berman Loan Advisers CLO 33 Ltd        | CUSIP: 64132TAJ2<br>LEI: 549300RVE5T2OYI2H743 | Long             | ABS-CBDO         | CORP              | KY        |   1250000 | PA      | $1239424.13   | 4.89%             | 2033-10-16      | Floating      | 5.87%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   1330000 | NS      | $1330000.00   | 5.25%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** BlackRock ETF Trust II

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer