First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund
US ˙ ARCA ˙ US33734H1068

SecurityFVD / First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund
InstitutionBaird Financial Group, Inc.
Latest Disclosed Ownership830,494 shares
Latest Disclosed Value $ 39,058,132
Baird Financial Group, Inc. reports 5.69% decrease in ownership of FVD / First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund

On May 14, 2026 - Baird Financial Group, Inc. filed a 13F-HR form disclosing ownership of 830,494 shares of First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund (US:FVD) valued at $39,058,133 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 880,626 shares of First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund. This represents a change in shares of -5.69% during the quarter. The current value of the position is $39,249,146 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-14 2026-03-31 13F FIRST TR EXCHANGE TRADED FD SHS 33734H106 830,494 -50,132 -5.69 39,058 -3.75 0.0328
2026-02-13 2025-12-31 13F FIRST TR EXCHANGE-TRADED FD SHS COMMON 33734H106 880,626 -23,874 -2.64 40,579 -2.98 0.0633
2025-11-13 2025-09-30 13F FIRST TR EXCHANGE-TRADED FD SHS COMMON 33734H106 904,500 -236,742 -20.74 41,824 -18.01 0.0673
2025-08-13 2025-06-30 13F FIRST TR EXCHANGETRADED FD SHS COMMON 33734H106 1,141,242 38,742 3.51 51,014 3.77 0.0894
2025-05-15 2025-03-31 13F FIRST TR VALUE LINE DIVID IN SHS COMMON 33734H106 1,102,500 -41,359 -3.62 49,160 -1.52 0.0947
2025-02-14 2024-12-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 1,143,859 5,752 0.51 49,918 -3.58 0.0955
2024-11-14 2024-09-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 1,138,107 -613,739 -35.03 51,772 -27.48 0.1005
2024-08-14 2024-06-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 1,751,846 -221,809 -11.24 71,388 -14.35 0.1481
2024-05-14 2024-03-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 1,973,655 -111,224 -5.33 83,347 -1.44 0.1748
2024-02-14 2023-12-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 2,084,879 11,477 0.55 84,563 9.08 0.1927
2023-11-13 2023-09-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 2,073,402 -47,747 -2.25 77,525 -8.83 0.2115
2023-08-11 2023-06-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 2,121,149 -325,832 -13.32 85,037 -13.47 0.2244
2023-05-15 2023-03-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 2,446,981 -190,964 -7.24 98,271 93,490.48 0.2424
2023-02-13 2022-12-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 2,637,945 100,404 3.96 105 -99.88 0.2772
2022-11-15 2022-09-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 2,537,541 151,929 6.37 90,819 -1.91 0.2676
2022-08-08 2022-06-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 2,385,612 231,408 10.74 92,585 1.60 0.2570
2022-05-13 2022-03-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 2,154,204 24,630 1.16 91,123 -0.58 0.2252
2022-02-09 2021-12-31 13F FIRST TR VALUE LINE DIVID INDEX FD COMMON 33734H106 2,129,574 -9,238 -0.43 91,657 9.32 0.2143
2021-11-12 2021-09-30 13F FIRST TR VALUE LINE DIVID INDEX FD COMMON 33734H106 2,138,812 -28,911 -1.33 83,842 -2.75 0.2144
2021-08-11 2021-06-30 13F FIRST TR VALUE LINE DIVID INDEX FD COMMON 33734H106 2,167,723 43,400 2.04 86,210 6.85 0.2241
2021-05-13 2021-03-31 13F FIRST TR VALUE LINE DIVID INDEX FD COMMON 33734H106 2,124,323 -120,063 -5.35 80,682 2.50 0.2263
2021-02-11 2020-12-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 2,244,386 -3,244 -0.14 78,711 11.32 0.2353
2020-11-12 2020-09-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 2,247,630 115,519 5.42 70,710 9.38 0.2423
2020-10-22 2020-06-30 13F/A-1 FT VAL LINE DIV INDX ETF COMMON 33734H106 2,132,111 184,857 9.49 64,646 19.94 0.2435
2020-08-14 2020-06-30 13F FT VAL LINE DIV INDX ETF ETF - E 33734H106 1,295,174 -652,080 46,665 92,479.4279
2020-05-14 2020-03-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 1,947,254 664,651 51.82 53,900 16.64 0.2462
2020-02-14 2019-12-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 1,282,603 27,310 2.18 46,212 5.57 0.1659
2019-11-14 2019-09-30 13F FIRST TR VALUE LINE ETF Common 33734H106 1,255,293 16,609 1.34 43,772 4.74 0.1724
2019-08-14 2019-06-30 13F FIRST TR VALUE LINE ETF COMMON 33734H106 1,238,684 414,578 50.31 41,793 56.18 0.1625
2019-05-14 2019-03-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 824,106 281,191 51.79 26,759 69.49 0.1565
2019-02-14 2018-12-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 542,915 239,281 78.81 15,788 64.54 0.1072
2018-11-13 2018-09-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 303,634 -6,759 -2.18 9,595 2.09 0.0601
2018-08-13 2018-06-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 310,393 -35,363 -10.23 9,399 -9.06 0.0638
2018-05-14 2018-03-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 345,756 10,098 3.01 10,335 -0.22 0.0728
2018-02-09 2017-12-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 335,658 56,587 20.28 10,358 24.77 0.0734
2017-11-14 2017-09-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 279,071 -1,357 -0.48 8,302 1.21 0.0626
2017-08-14 2017-06-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 280,428 -34,298 -10.90 8,203 -10.15 0.0643
2017-06-19 2017-03-31 13F/A-1 FT VAL LINE DIV INDX ETF COMMON 33734H106 314,726 -17,893 -5.38 9,130 -2.07 0.0738
2017-05-09 2017-03-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 314,726 9,130
2017-02-10 2016-12-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 332,619 20,807 6.67 9,323 10.74 0.0810
2016-11-10 2016-09-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 311,812 84,801 37.36 8,419 36.14 0.0754
2016-08-11 2016-06-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 227,011 111,337 96.25 6,184 107.80 0.0567
2016-05-12 2016-03-31 13F FT VAL LINE DIV INDX ETF ETF - E 33734H106 115,674 -6,659 -5.44 2,976 1.88 0.0285
2016-02-11 2015-12-31 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 122,333 18,261 17.55 2,921 23.15 0.0292
2015-11-12 2015-09-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 104,072 29,731 39.99 2,372 36.48 0.0252
2015-08-14 2015-06-30 13F FT VAL LINE DIV INDX ETF COMMON 33734H106 74,341 74,341 1,738 0.0171
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.