Filing Details

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2

Under the Securities Exchange Act of 1934

(Amendment No. 7)*

 

 

UBS AG

(Name of Issuer)

ETRACS Alerian MLP Infrastructure Index ETN

(Title of Class of Securities)

902641646

(CUSIP Number)

December 31, 2017

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1(b)

☐ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

*	The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act, but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

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1		NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   Fifth Third Bancorp. IRS Identification Number 31-0854434
2		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions) (a)              (b)
3		SEC USE ONLY
4		CITIZENSHIP OR PLACE OF ORGANIZATION   Ohio
NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH				5		SOLE VOTING POWER   9,571,001
				6		SHARED VOTING POWER   95,603
				7		SOLE DISPOSITIVE POWER   9,380,566
				8		SHARED DISPOSITIVE POWER   348,142
9		AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   9,729,417
10		CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES  ☐ (See Instructions)
11		PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)   12.4%
12		TYPE OF REPORTING PERSON (See Instructions)   HC

 

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Explanatory Note

Because the ETRACS Alerian MLP Infrastructure Index ETN is not an equity security and is not convertible into or exchangeable for any equity security for purposes of Sections 13(d) and 13(g) of the Securities Exchange Act of 1934, as amended, or alternatively in reliance on the SEC no-action letter, dated December 14, 1998, to PDR Services Corporation for so long as the conditions referenced in the PDR Services letter are being met, the reporting person and its subsidiaries will not file any additional reports under Section 13(d) or 13(g) of the Exchange Act related to their beneficial ownership of ETRACS Alerian MLP Infrastructure Index ETN.

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Item 1.
		(a)		Name of Issuer:
				UBS AG
		(b)		Address of Issuers Principal Executive Offices:
				UBS AG
				Bahnhofstrasse 45
				P.O. Box
				CH-8098
				Zurich, Switzerland
Item 2.
		(a)		Name of Person Filing:
				Fifth Third Bancorp
		(b)		Address of Principal Business Office, or if None, Residence:
				Fifth Third Center, Cincinnati, Ohio 45263
		(c)		Citizenship:
				Ohio
		(d)		Title of Class of Securities:
				ETRACS Alerian MLP Infrastructure Index ETN
		(e)		CUSIP Number:
				902641646

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Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

 

(a)

☐

Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o);

(b)

☐

Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

☐

Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

☐

Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

☐

An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);

(f)

☐

An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);

(g)

☒

A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);

(h)

☐

A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

☐

A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); or

(j)

☐

Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4.

Ownership.

a.   Amount beneficially owned:

9,729,417

b.  Percent of class

12.4

%

c.   Number of shares as to which such person has:

i.  Sole power to vote or to direct the vote:

9,571,001

ii.   Shared power to vote or to direct the vote:

95,603

iii.  Sole power to dispose or to direct the disposition of:

9,380,566

iv.  Shared power to dispose or to direct the disposition of:

348,142

 

Item 5.		Ownership of Five Percent or Less of a Class.
		If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:  ☐
Item 6.		Ownership of More than Five Percent on Behalf of Another Person.
		The securities covered by this Schedule are held in trust, agency or custodial capacities by Fifth Third Bank. These trust, agency or custodial accounts receive the dividends from, or the proceeds from the sale of, such securities.
Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

Subsidiary		Item 3 Classification
Fifth Third Bank an Ohio banking corporation		Bank
Fifth Third Financial Corporation, an Ohio corporation		Parent Holding Company

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Item 8.		Identification and Classification of Members of the Group.
		Not applicable.
Item 9.		Notice of Dissolution of Group.
		Not applicable.
Item 10.		Certifications.
		Not applicable.

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SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: February 14, 2018

 

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Exhibit Index

 

Exhibit No.		Description
99.1		Power of Attorney relating to filings by Fifth Third Bancorp.