STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Schedule 13G: Truist Financial crosses 5% in First Trust Small Cap US Equity Select ETF

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Schedule 13G filing: Truist Financial Corporation, acting as parent holding company for Truist Advisory Services, Inc., reports beneficial ownership in First Trust Exchange-Traded Fund VI (CUSIP 33740F268 – believed to correspond to the First Trust Small Cap US Equity Select ETF, ticker RNSC). As of 30 June 2025 the firm held 173,267 shares, representing 5.02 % of the ETF’s outstanding units.

Ownership details show sole dispositive power over all shares and no voting power, indicating Truist can direct the sale of the units but does not exercise proxy voting. The filing was made under Rule 13d-1(b) as the company qualifies both as an investment adviser (IA) and a parent holding company (HC). The certification affirms the stake is held in the ordinary course of business and not for the purpose of influencing control of the issuer. The document is signed by Assistant Vice President Caroline D. Hoang on 11 July 2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR – Truist crosses 5 % threshold in RNSC, discloses 173k shares with sole disposal power and no voting rights; impact is neutral.

Truist’s Schedule 13G is a routine threshold filing triggered when beneficial ownership exceeds 5 %. The disclosure of 173,267 units (5.02 %) in the First Trust Small Cap US Equity Select ETF signals moderate institutional participation but does not convey intent to influence management, as evidenced by zero voting power and ordinary-course language. For Truist, the position is immaterial relative to its balance sheet; for the ETF, concentration risk remains low because ETFs typically have diversified shareholder bases. No financial metrics, cash flows, or strategic changes are provided, so portfolio-level impact is minimal.






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)






SCHEDULE 13G





SCHEDULE 13G



TRUIST FINANCIAL CORP
Signature:Caroline D. Hoang
Name/Title:Assistant Vice President
Date:07/11/2025

FAQ

How many RNSC shares does Truist Financial Corp. own?

Truist reports ownership of 173,267 shares of the ETF.

What percentage of the First Trust Small Cap US Equity Select ETF does this represent?

The stake equals 5.02 % of the outstanding units.

Does Truist have voting power over these ETF shares?

No. The filing shows 0 shares with sole or shared voting power.

Why was this Schedule 13G filed?

SEC rules require a filing when ownership crosses the 5 % threshold; Truist hit that level on 30 June 2025.

Who signed the Schedule 13G on behalf of Truist?

Assistant Vice President Caroline D. Hoang signed on 11 July 2025.

Under which SEC rule did Truist file this statement?

The company filed under Rule 13d-1(b) as an investment adviser and parent holding company.
First Trust Small Cap US Equity Sel ETF

NASDAQ:RNSC

RNSC Rankings

RNSC Latest News

RNSC Latest SEC Filings

RNSC Stock Data

850.00k