STOCK TITAN

Truist (TFC) disclosed a 2.96M-share, 12.50% stake in Federated Hermes ETF

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Truist Financial Corporation amended its Schedule 13G/A to report beneficial ownership of 2,955,427 shares of the Federated Hermes ETF Trust (CUSIP 31423L404), representing 12.50% as of 06/30/2026. The filing states sole dispositive power for 2,955,427 shares and no voting power. The amendment was signed on 07/08/2026 by Edward M. Kwiatkowski, Vice President.

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Insights

Large passive position reported: 2,955,427 shares (12.50%).

The filing lists beneficial ownership of 2,955,427 shares, equal to 12.50% as of 06/30/2026. The report shows sole dispositive power with zero voting power, consistent with an investment manager or advisory role that controls disposition but not voting.

Cash‑flow treatment and disposition intent are not provided in the excerpt; subsequent filings or proxy materials would show changes in voting or further sales. Holdings and percent are explicit in the amendment.

Beneficial ownership 2,955,427 shares as of 06/30/2026
Percent of class 12.50% as of 06/30/2026
Sole dispositive power 2,955,427 shares reported in Schedule 13G/A
Sole voting power 0 reported in Schedule 13G/A
CUSIP 31423L404 Federated Hermes ETF Trust
Signature date 07/08/2026 filing signed by Edward M. Kwiatkowski
Beneficially owned regulatory
"Item 4. | Ownership (a) | Amount beneficially owned: 2955427"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive power regulatory
"(iii) Sole power to dispose or to direct the disposition of: 2955427"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G/A regulatory
"(Amendment No. 1 ) Federated Hermes ETF Trust"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stake does Truist (TFC) report in Federated Hermes ETF Trust?

Truist reports beneficial ownership of 2,955,427 shares, equal to 12.50%. The Schedule 13G/A lists this position as of 06/30/2026 and discloses sole dispositive power for the full share count.

Does Truist have voting power over the 2,955,427 shares?

No — the filing reports zero voting power. The Schedule 13G/A shows sole voting power 0 and shared voting power 0, while listing sole dispositive power 2,955,427 for the position.

When was the Schedule 13G/A signed and who signed it for TFC?

The amendment was signed on 07/08/2026. The signature block names Edward M. Kwiatkowski, Vice President, as the signing official for Truist Financial Corporation on the Schedule 13G/A.

What CUSIP and security class are reported by Truist in this filing?

The filing identifies the security as an Exchange Traded Fund with CUSIP 31423L404. The issuer is listed as Federated Hermes ETF Trust, and the title of the class is shown as Exchange Traded Fund.





31423L404

(CUSIP Number)
06/30/2026

(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)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



TRUIST FINANCIAL CORP
Signature:Edward M. Kwiatkowski
Name/Title:Vice President
Date:07/08/2026