SCHEDULE: Truist Financial Files Amended 13G for ALPS ETF Trust, Confirming Zero Ownership Post-2021 Liquidation

Truist Financial Corporation has filed an amended Schedule 13G for ALPS ETF Trust, confirming 0% beneficial ownership following the liquidation of the CUSIP on October 22, 2021, as part of a remediation effort for a previously unsubmitted filing.

Summary

• Truist Financial Corporation, through its subsidiary Truist Advisory Services, Inc., has filed an amended Schedule 13G (Amendment No. 1) for ALPS ETF Trust.
• The filing indicates 0.0% beneficial ownership of EXCHANGE TRADED FUNDS (CUSIP 00162Q544).
• The CUSIP 00162Q544 was liquidated on October 22, 2021.
• This amendment is part of an internal effort to remediate filings not previously submitted, specifically a filing for less than 5% ownership that should have been submitted in 2021.

Sentiment

Score: 5

Explanation: Neutral. The filing is a routine compliance update correcting a past oversight, indicating no new positive or negative operational or financial developments.

Future Outlook

No forward-looking statements or guidance are provided in this compliance filing.

Management Comments

• "Filing completed as part of internal effort to remediate filings not previously submitted. Current ownership is less than 5% and the CUSIP was liquidated on 10/22/2021. Filing of less than 5% ownership should have been submitted in 2021."

Industry Context

This filing represents a routine compliance update for a financial institution, demonstrating adherence to SEC reporting requirements for beneficial ownership. It does not reflect broader industry trends or competitive shifts, but rather internal compliance processes.

Stakeholder Impact

• Shareholders are informed of the historical ownership status and the company's remediation efforts regarding past compliance oversights.

Key Dates

Keywords

Truist Financial, ALPS ETF Trust, Schedule 13G, beneficial ownership, ETF, exchange traded funds, compliance, SEC filing, liquidation, 00162Q544