TFC discloses 52,973-share passive stake (2.97%) in Federated ETF

Rhea-AI Filing Summary

Truist Financial Corporation filed an amendment to a Schedule 13G reporting ownership of 52,973 shares of an Exchange Traded Fund issued by Federated Hermes ETF Trust (CUSIP 31423L503). The filing states Truist holds 2.97 of the class and has sole dispositive power over the shares but no voting power. The statement certifies the shares are held in the ordinary course of business and not to influence control. The filing identifies Truist’s address and role as parent holding company for an affiliated registered investment adviser and is signed by a Truist vice president on 10/10/2025.

Positive

• Transparent disclosure of stake size: 52,973 shares (2.97%)
• No voting power reported, indicating a passive position rather than control intent
• Certification asserts holdings are in the ordinary course of business

Negative

• Stake below 5%, so limited market-moving significance
• No detail on whether shares are held for proprietary accounts or clients

Insights

Institutional Ownership Analyst

Small passive stake disclosed; no voting control.

The filing shows 52,973 shares representing 2.97% of the ETF class, with sole dispositive authority but zero voting power. That ownership size is below typical activist thresholds and indicates a passive, portfolio holding.

Risks depend on whether the position is client-directed versus proprietary; the certification claims ordinary-course holdings. Monitor updates to ownership percentage around quarterly rebalances or any subsequent amendments within the next reporting cycle.

Compliance & Regulatory Specialist

Form 13G/A correctly used for passive disclosure.

The filer identifies itself as a parent holding company for an affiliated registered investment adviser and checks applicable classifications consistent with a passive investor filing under Schedule 13G rules. The signature and certification language affirm ordinary-course acquisition and non-control intent.

Materiality is limited; watch for any future conversion to Schedule 13D or increases above 5.00%, which would change reporting obligations and signal active intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

Federated Hermes ETF Trust

(Name of Issuer)

Exchange Traded Fund

(Title of Class of Securities)

31423L503

(CUSIP Number)

09/30/2025

(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)

SCHEDULE 13G

CUSIP No. 31423L503

1

Names of Reporting Persons

TRUIST FINANCIAL CORP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NORTH CAROLINA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 52,973.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

52,973.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.0 %

12

Type of Reporting Person (See Instructions)

IA, HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Federated Hermes ETF Trust
(b)	Address of issuer's principal executive offices: 4000 ERICSSON DRIVE, 4000 ERICSSON DRIVE, WARRENDALE, PENNSYLVANIA, 15086.
Item 2.
(a)	Name of person filing: Truist Financial Corporation as Parent Holding Company for Truist Advisory Services, Inc. an affiliated Registered Investment Advisor
(b)	Address or principal business office or, if none, residence: 214 North Tryon Street Charlotte, NC 28202
(c)	Citizenship: Truist Financial Corporation is a North Carolina Corporation; Truist Advisory Services, Inc. is a Delaware Corporation
(d)	Title of class of securities: Exchange Traded Fund
(e)	CUSIP No.: 31423L503
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 52973
(b)	Percent of class: 2.97 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 52973
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

TRUIST FINANCIAL CORP

Signature:	Edward M. Kwiatkowski
Name/Title:	Vice President
Date:	10/10/2025

FAQ

What stake did Truist Financial (TFC) report in the Federated Hermes ETF Trust?

Truist reported owning 52,973 shares, equal to 2.97% of the class.

Does Truist (TFC) have voting control over the ETF shares?

No. The filing reports 0 shares with sole or shared voting power and sole dispositive power for 52,973 shares.

Was the ownership reported as passive or active in the Schedule 13G/A?

The filing is a Schedule 13G/A and includes a certification that the securities are held in the ordinary course of business and not to influence control, indicating a passive position.

When was the Schedule 13G/A signed by Truist?

The document is signed by a Truist vice president on 10/10/2025.

What CUSIP identifies the ETF in this filing?

The ETF is identified by CUSIP 31423L503.