Then, moments ago in its latest H.4.1 statement, the Fed - which disclosed that its balance sheet is now a record $6.934 trillion and well on its way to $12 or more than half of US GDP...

... also revealed that in the first two days the program was operational, the Fed purchased $305 million under the Corporate Credit Facility, i.e., the corporate bond ETF buying program, as of EOD May 13, or just two days after the Fed officially gave Blackrock the green light to start waving it in.

Of course, since the transactions were organized by the NY Fed which used Blackrock as agent for the buying, all of the ETFs were parked at the New York Fed.