Truist Financial (NYSE: TFC) reports 14.2% beneficial stake in Federated Hermes ETF
Rhea-AI Filing Summary
Truist Financial Corporation, as parent holding company for Truist Advisory Services, Inc., has filed an amended Schedule 13G reporting a significant position in Federated Hermes ETF Trust.
The filing shows beneficial ownership of 351,598 exchange-traded fund shares, representing about 14.2% of the class as of the event date 12/31/2025. Truist reports no sole or shared voting power over these shares, but sole dispositive power over the same 351,598 shares, meaning it can decide when to sell them.
Truist certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Federated Hermes ETF Trust.
Positive
- None.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.