TFC Schedule 13G: 328,633 Shares Equal 18.41% of ETF Class

Rhea-AI Filing Summary

Truist Financial Corporation reported beneficial ownership of 328,633 shares of the Exchange Traded Fund class issued by Federated Hermes ETF Trust, representing 18.41% of the class. The filing states Truist has no voting power (sole or shared) and holds sole dispositive power over the shares, indicating authority to buy or sell but not to vote them. The statement certifies the position was acquired and is held in the ordinary course of business and not for the purpose of influencing control. The filing was submitted by Truist as the parent holding company for its affiliated registered investment adviser.

Positive

• Beneficial ownership of 328,633 shares representing 18.41% of the class, a clearly disclosed economic stake
• Sole dispositive power indicates authority to trade the position without shared control

Negative

• No voting power (sole or shared), so the stake confers economic exposure but not governance influence
• Concentration risk: a single holder owning 18.41% of the class could affect liquidity when trading

Insights

Institutional Ownership Analyst

Large passive stake with dispositive but not voting control.

Holding 328,633 shares equal to 18.41% of the class is material for an ETF share class and signals significant economic exposure. The filing shows sole dispositive power with zero voting power, implying trading/portfolio management control without governance influence.

Risks include concentration in a single ETF share class and dependence on market liquidity for disposition. Watch for any future filings that change voting power or disclose a group relationship within 45 days if thresholds or purposes change.

Regulatory Compliance Specialist

Schedule 13G indicates passive intent and ordinary-course holding.

The signature and certification assert the position is held in the ordinary course and not to influence control, consistent with Schedule 13G treatment rather than a Schedule 13D. This categorization limits immediate regulatory concerns about control intent.

Monitor subsequent amendments if the percent crosses material thresholds or if any related entity files conflicting disclosures; changes could trigger a different filing status within regulatory timeframes.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Federated Hermes ETF Trust

(Name of Issuer)

Exchange Traded Fund

(Title of Class of Securities)

31423L602

(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. 31423L602

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 328,633.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

328,633.00

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)

18.4 %

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, 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.: 31423L602
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: 328633
(b)	Percent of class: 18.41 %
(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: 328633
	(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:	Caroline D. Hoang
Name/Title:	Assistant Vice President
Date:	10/06/2025

FAQ

What stake does Truist Financial (TFC) report in the Federated Hermes ETF Trust class (CUSIP 31423L602)?

Truist reports beneficial ownership of 328,633 shares, representing 18.41% of the class.

Does Truist have voting control over the shares reported in this Schedule 13G?

No. The filing discloses zero sole or shared voting power; Truist has only sole dispositive power.

Is this Schedule 13G filing indicative of an intent to influence control?

The filing certifies the shares are held in the ordinary course of business and not for the purpose of influencing control, consistent with Schedule 13G status.

Who signed the Schedule 13G for Truist and when was it dated?

The filing is signed by Caroline D. Hoang, Assistant Vice President, with a signature date of 10/06/2025.

What powers does Truist claim over the reported shares?

Truist claims sole dispositive power for 328,633 shares and no voting power.