Truist Discloses 5.032% Stake in First Trust ETF
Truist Financial Corporation, as parent holding company for Truist Advisory Services, Inc., filed an amended Schedule 13G to report its beneficial ownership in the First Trust Exchange-Traded Fund.
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Rhea-AI Filing Summary
Truist Financial Corporation, as parent holding company for Truist Advisory Services, Inc., filed an amended Schedule 13G to report its beneficial ownership in the First Trust Exchange-Traded Fund.
The filing states beneficial ownership of 903,290 shares, representing 5.032% of the fund’s outstanding class, with sole dispositive power over all reported shares and no voting power.
The securities are described as being acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the fund.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Truist Financial (TFC) report owning in this Schedule 13G/A?
What percentage of the First Trust Exchange-Traded Fund does Truist Financial (TFC) own?
In what capacity is Truist Financial (TFC) filing this Schedule 13G/A?
Is Truist Financial (TFC) seeking to influence control of First Trust Exchange-Traded Fund?
What is the date of the ownership event reported by Truist Financial (TFC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.