Fintel reports that on March 5, 2025, Baird upgraded their outlook for Truist Financial Corporation – Preferred Stock (NYSE:TFC.PRO) from Neutral to Outperform.
What is the Fund Sentiment?
There are 13 funds or institutions reporting positions in Truist Financial Corporation – Preferred Stock. This is an decrease of 1 owner(s) or 7.14% in the last quarter. Average portfolio weight of all funds dedicated to TFC.PRO is 0.71%, an increase of 3.28%. Total shares owned by institutions decreased in the last three months by 2.37% to 4,572K shares.
What are Other Shareholders Doing?
PFF – iShares Preferred and Income Securities ETF holds 2,138K shares. In its prior filing, the firm reported owning 2,214K shares , representing a decrease of 3.55%. The firm decreased its portfolio allocation in TFC.PRO by 9.39% over the last quarter.
PGX – Invesco Preferred ETF holds 937K shares. In its prior filing, the firm reported owning 924K shares , representing an increase of 1.41%. The firm decreased its portfolio allocation in TFC.PRO by 1.86% over the last quarter.
PFFD – Global X U.S. Preferred ETF holds 460K shares. In its prior filing, the firm reported owning 456K shares , representing an increase of 0.86%. The firm decreased its portfolio allocation in TFC.PRO by 2.75% over the last quarter.
PGF – Invesco Financial Preferred ETF holds 444K shares. In its prior filing, the firm reported owning 471K shares , representing a decrease of 6.02%. The firm decreased its portfolio allocation in TFC.PRO by 5.85% over the last quarter.
PSK – SPDR(R) Wells Fargo Preferred Stock ETF holds 292K shares. In its prior filing, the firm reported owning 291K shares , representing an increase of 0.45%. The firm decreased its portfolio allocation in TFC.PRO by 5.03% over the last quarter.
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