TFC Discloses 886,905-Share Passive Position in First Trust ETF

Rhea-AI Filing Summary

Truist Financial Corporation filed a Schedule 13G reporting an ownership stake in a First Trust exchange-traded fund. The filing shows Truist holds 886,905 shares, representing 6.29% of the class, with sole dispositive power but no voting power. The filing includes a certification that the position was acquired and is held in the ordinary course of business and not to influence control of the issuer. The cover date for the reportable event is 09/30/2025 and the signature date is 10/10/2025.

Positive

• Material passive stake reported: 886,905 shares representing 6.29%
• Clear certification of passive intent: position "acquired and held in the ordinary course of business"
• Sole dispositive power disclosed: Truist reports exclusive authority to dispose of the shares

Negative

• None.

Insights

Regulatory Compliance Analyst

Holding exceeds the 5% Schedule 13G threshold and is declared passive.

The filing documents a 6.29% beneficial stake of 886,905 shares in the Exchange Traded Fund class, with sole dispositive power and no voting power. The statement explicitly certifies the position is held in the ordinary course of business and not for control purposes.

Key compliance items to note include the passive-holder route (Schedule 13G) rather than Schedule 13D and the certification language; these imply reporting obligations were met and no immediate control intent is declared as of 09/30/2025.

Institutional Ownership Analyst

Truist's stake is material to holders and could affect passive ownership concentration.

A 6.29% position by a large financial institution is sizable for an ETF share class and is disclosed as sole dispositive holdings of 886,905 shares. The absence of voting power indicates the position is managed without direct proxy influence.

Investors and index administrators may monitor holdings reports and future filings for any change in voting power or intent; the next quarterly or event-driven filing would reveal material changes.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

FIRST TRUST EXCHANGE-TRADED FUND

(Name of Issuer)

Exchange Traded Fund

(Title of Class of Securities)

33733E856

(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. 33733E856

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 886,905.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

886,905.00

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)

6.3 %

12

Type of Reporting Person (See Instructions)

IA, HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FIRST TRUST EXCHANGE-TRADED FUND
(b)	Address of issuer's principal executive offices: 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON, ILLINOIS, 60187.
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.: 33733E856
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: 886,905
(b)	Percent of class: 6.29 %
(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: 886,905
	(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:	10/10/2025

FAQ

What stake did Truist (TFC) report in the First Trust ETF?

Truist reported owning 886,905 shares, equal to 6.29% of the class.

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

No. The filing shows 0 sole or shared voting power while reporting sole dispositive power for 886,905 shares.

Was the holding reported as passive or active for Truist (TFC)?

The filing is a Schedule 13G with a certification stating the shares are held in the ordinary course of business and not for influencing control, indicating a passive position.

What reporting dates are shown in the Schedule 13G for Truist (TFC)?

The event date requiring filing is 09/30/2025 and the signature date on the filing is 10/10/2025.

Who signed the Schedule 13G for Truist (TFC)?

The filing is signed by Caroline D. Hoang, Assistant Vice President, on behalf of Truist Financial Corp.