Truist Financial (NYSE: TFC) discloses 20.9% holding in Franklin Templeton ETF
Rhea-AI Filing Summary
Truist Financial Corporation, as parent holding company for Truist Advisory Services, Inc., filed an amended Schedule 13G reporting beneficial ownership of 31,303 shares of Franklin Templeton ETF Trust as of 12/31/2025. This stake represents 20.9% of the class of the referenced exchange traded fund shares.
Truist reports no sole or shared voting power over these securities, but reports sole dispositive power over 31,303 shares and no shared dispositive power. The securities are certified as acquired and held in the ordinary course of business, and not for the purpose or effect of changing or influencing control of the issuer.
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FAQ
What ownership stake does Truist Financial (TFC) report in Franklin Templeton ETF Trust?
Truist Financial Corporation reports beneficial ownership of 31,303 shares of Franklin Templeton ETF Trust, representing 20.9% of the class of the exchange traded fund securities identified by CUSIP 35473P470 as of 12/31/2025.
Why did Truist Financial (TFC) file this Schedule 13G/A amendment?
The amended Schedule 13G (Amendment No. 9) was filed because Truist Financial Corporation, as parent holding company for Truist Advisory Services, Inc., beneficially owns more than 5% of the class of Franklin Templeton ETF Trust securities, specifically 20.9% as of 12/31/2025.
Is Truist Financial (TFC) seeking to influence control of Franklin Templeton ETF Trust?
No. Truist certifies that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
Who signed the Schedule 13G/A for Truist Financial (TFC)?
The filing was signed by Edward M. Kwiatkowski, Vice President, who certified that the information in the statement is true, complete, and correct.
What type of reporting person is Truist Financial (TFC) in this Schedule 13G/A?
Truist Financial Corporation is identified as an investment adviser (IA) and holding company (HC) for purposes of this beneficial ownership report.