[SCHEDULE 13G/A] TRUIST FINANCIAL CORP SEC Filing

Rhea-AI Filing Summary

Truist Financial Corp reports beneficial ownership of 35,324 shares of an Exchange Traded Fund issued by Calamos ETF Trust, representing 5.05% of the class. The filing shows Truist has sole dispositive power over these shares but no voting power, and states the holdings were acquired and are held in the ordinary course of business rather than to influence control. The form identifies Truist as a parent holding company/registered investment adviser and lists the issuer's principal office in Naperville, Illinois. The filing does not disclose any purchases, sales, or changes in voting control beyond the ownership and power allocations reported.

Positive

• Transparent disclosure of share count and exact 5.05% ownership
• Certification that holdings are held in the ordinary course, reducing apparent control intent

Negative

• No voting power
• Filing lacks transaction history

Insights

Regulatory Compliance Analyst

Ownership disclosure consistent with Schedule 13G rules; no control intent declared.

The statement reports beneficial ownership of 35,324 shares, equal to 5.05% of the class, and classifies the filer as an investment adviser/parent holding company. The filing indicates sole dispositive power and zero voting power, which is a common arrangement when securities are managed on behalf of clients.

Compliance risk is low given the explicit certification that the position is held in the ordinary course and not for control. Monitor regulatory filings only if future amendments show changes in voting power, material transfers, or shifts above threshold percentages.

Portfolio Oversight Specialist

A single 5.05% stake signals a modest, potentially strategic ETF holding but not control.

The sole dispositive designation means Truist can direct disposition of the 35,324 shares, while no voting power implies it does not control proxy votes. For portfolio reporting, this distinguishes trading/placement authority from governance influence.

Investors and counterparties may watch for future amendments showing increases above common disclosure thresholds or any transfer of voting authority, which could change the holding's investor impact within a short-to-medium timeframe.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Calamos ETF Trust

(Name of Issuer)

Exchange Traded Fund

(Title of Class of Securities)

12811T407

(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. 12811T407

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 35,324.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

35,324.00

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)

5.1 %

12

Type of Reporting Person (See Instructions)

IA, HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Calamos ETF Trust
(b)	Address of issuer's principal executive offices: 2020 CALAMOS COURT, 2020 CALAMOS COURT, NAPERVILLE, ILLINOIS, 60563.
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.: 12811T407
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: 35324
(b)	Percent of class: 5.05 %
(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: 35324
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	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 does Truist Financial Corp (TFC) report in Calamos ETF Trust?

Truist reports beneficial ownership of 35,324 shares, representing 5.05% of the class.

Does Truist have voting control over the reported ETF shares?

No. The filing shows zero sole and shared voting power while showing sole dispositive power for 35,324 shares.

Is the ownership intended to influence control of the issuer?

The certification states the shares are held in the ordinary course of business and not to change or influence control.

How is Truist classified in this Schedule 13G filing?

Truist is identified as a parent holding company and an investment adviser (types: IA, HC).

Where is the issuer's principal executive office listed?

The address given is 2020 Calamos Court, Naperville, Illinois 60563.