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B. Metzler seel. Sohn & Co. AG Reduces Stock Holdings in Truist Financial Corporation $TFC
B. Metzler seel. Sohn & Co. AG significantly reduced its stake in Truist Financial Corporation, selling 72,941 shares in Q4, but still holds 61,633 shares valued at approximately $3.03 million. Other institutional investors showed mixed activity, with some increasing their holdings. Insider selling also occurred, with CFO Michael Baron Maguire and CAO Cynthia B. Powell reducing their positions, while Truist Financial reported strong quarterly earnings and a 4.1% dividend yield.