Truist Financial (TFC) holds 354,841 shares — 7.10% stake reported
Rhea-AI Filing Summary
Truist Financial Corporation reports beneficial ownership of 354,841 shares (7.10%) of an Exchange Traded Fund issued by Federated Hermes ETF Trust (CUSIP 31423L602). The filing is an Amendment No. 2 to Schedule 13G/A and shows sole dispositive power for 354,841 shares with no voting power. The filing is signed by Edward M. Kwiatkowski, Vice President, with the signature date 03/06/2026.
Positive
- None.
Negative
- None.
Insights
Truist reports a meaningful passive stake in a Federated Hermes ETF.
Truist Financial Corporation holds 354,841 shares representing 7.10% of the ETF and reports sole dispositive power while reporting zero sole or shared voting power. The Schedule 13G/A classification indicates a passive investment reporting status.
Filing date and signature are shown as 03/06/2026. Future filings could show changes in voting or dispositive powers if Truist's position or intentions change.
The amendment formalizes ownership metrics and voting/dispositive allocation.
The filing specifies sole dispositive power for 354,841 shares and explicitly lists 0 sole/shared voting power, aligning with passive investor disclosure requirements under Schedule 13G/A.
Investors tracking ownership should note the CUSIP 31423L602 and the filing's amendment status; any future change in voting intent would typically trigger a different form or an updated amendment.
AI-generated analysis. How Rhea-AI works. Not financial advice.