SCHEDULE: Truist Financial Reports Zero Stake in Northern Lights ETF

Truist Financial Corporation has filed an amended Schedule 13G, reporting no beneficial ownership in Northern Lights Fund Trust IV Exchange Traded Funds as of December 31, 2025.

Summary

• Truist Financial Corporation, acting as a Parent Holding Company for its affiliate Truist Advisory Services, Inc., filed an Amendment No. 2 to Schedule 13G.
• The filing indicates that Truist Financial Corporation beneficially owns 0.00 shares of Exchange Traded Funds issued by Northern Lights Fund Trust IV.
• This represents 0.0% of the class of securities, signifying no beneficial ownership as of the reporting date.
• The reporting entity certifies that any securities were acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: Neutral. The filing is a routine disclosure of beneficial ownership, reporting a zero stake. It contains no positive or negative operational or financial news, merely a statement of fact regarding ownership.

Positives

• The filing provides clear transparency regarding Truist Financial Corporation's current beneficial ownership position (or lack thereof) in Northern Lights Fund Trust IV Exchange Traded Funds.
• The certification confirms that any past or potential holdings were for ordinary business purposes, not for control-related influence, which aligns with standard investment advisory practices.

Future Outlook

NA

Management Comments

• "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."

Industry Context

This is a routine ownership disclosure for a financial institution acting as a parent holding company for an investment adviser. Such filings are common for entities managing client assets or proprietary investments and reflect specific investment positions. The reported zero ownership indicates either a complete divestment or that Truist Advisory Services does not hold these specific Exchange Traded Funds for its clients or itself.

Stakeholder Impact

• Shareholders (Truist Financial Corporation): Provides transparency regarding the company's investment holdings, confirming no beneficial ownership in this specific ETF.
• Shareholders (Northern Lights Fund Trust IV): Indicates that Truist Financial Corporation is not a significant beneficial owner of their Exchange Traded Funds.

Key Dates

Keywords

Truist Financial, Northern Lights Fund Trust IV, Schedule 13G, Exchange Traded Funds, ETF, Beneficial Ownership, Investment Adviser, Parent Holding Company, SEC Filing