SCHEDULE: Truist Financial Corp Reports 5.4% Ownership in Two Roads Shared Trust Exchange Traded Fund

Sentiment:

Beneficial Ownership Report


Truist Financial Corporation, as a parent holding company, reports beneficial ownership of 454,771 shares, representing 5.4% of the Two Roads Shared Trust Exchange Traded Fund as of December 31, 2024.

Summary

  • Truist Financial Corporation has filed a Schedule 13G with the SEC, reporting its ownership stake in Two Roads Shared Trust, an Exchange Traded Fund.
  • As of December 31, 2024, Truist Financial Corp beneficially owns 454,771 shares of the ETF.
  • This ownership represents 5.4% of the outstanding shares of the Exchange Traded Fund.
  • Truist Financial Corporation, acting as the parent holding company for Truist Advisory Services, Inc., has sole voting and dispositive power over these shares.

Sentiment

Score: 5

Explanation: The document is a regulatory filing, so the sentiment is neutral. It simply reports ownership information.

Positives

  • The filing indicates Truist Financial Corporation holds a significant ownership position in the Two Roads Shared Trust Exchange Traded Fund.

Future Outlook

There is no future outlook provided in this document.

Industry Context

Schedule 13G filings are standard practice for institutional investors who acquire beneficial ownership of more than 5% of a voting class of a company's equity securities. This filing indicates Truist Financial Corporation's investment in the Exchange Traded Fund.

Stakeholder Impact

  • The filing informs shareholders of Two Roads Shared Trust about Truist Financial Corporation's ownership stake.

Key Dates

DateDescription
12/31/2024Date of event which requires filing of this statement (ownership percentage).
01/23/2025Date of signature on the Schedule 13G filing.

Keywords

Schedule 13G, Truist Financial Corporation, Two Roads Shared Trust, Exchange Traded Fund, ETF, Ownership, Shares, Investment

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