Truist (TFC) disclosed a 2.96M-share, 12.50% stake in Federated Hermes ETF
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.
Key Figures
Key Terms
Beneficially owned regulatory
Sole dispositive power regulatory
Schedule 13G/A regulatory
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