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
InstitutionKovack Advisors, Inc.
Latest Disclosed Ownership130,731 shares
Latest Disclosed Value $ 6,160,057
Kovack Advisors, Inc. reports 4.15% decrease in ownership of FVD / First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund

On May 12, 2026 - Kovack Advisors, Inc. filed a 13F-HR form disclosing ownership of 130,731 shares of First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund (US:FVD) valued at $6,148,279 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on February 17, 2026 disclosing 136,387 shares of First Trust Exchange-Traded Fund - First Trust Value Line Dividend Index Fund. This represents a change in shares of -4.15% during the quarter. The current value of the position is $6,123,440 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.

Upgrade to unlock premium data and export to Excel .

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)
2026-05-12 2026-03-31 13F FIRST TR EXCHANGE-TRADED FD SHS 33734H106 130,731 -5,656 -4.15 6,160 -1.97 0.3286
2026-02-17 2025-12-31 13F/A-1 FIRST TR EXCHANGE-TRADED FD SHS 33734H106 136,387 26,591 24.22 6,285 23.80 0.2921
2026-02-12 2025-12-31 13F FIRST TR EXCHANGE-TRADED FD SHS 33734H106 136,386 26,590 5,669 0.4340
2025-11-10 2025-09-30 13F FIRST TR EXCHANGE-TRADED FD SHS 33734H106 109,796 10,014 10.04 5,077 13.81 0.4780
2025-08-04 2025-06-30 13F FIRST TR EXCHANGE-TRADED FD SHS 33734H106 99,782 -1,116 -1.11 4,460 -0.87 0.4372
2025-05-06 2025-03-31 13F FIRST TR VALUE LINE DIVID IN SHS 33734H106 100,898 -1,444 -1.41 4,499 0.74 0.4763
2025-02-05 2024-12-31 13F FIRST TR VALUE LINE DIVID IN SHS 33734H106 102,342 -36 -0.04 4,466 -4.10 0.4383
2024-11-05 2024-09-30 13F FIRST TR VALUE LINE DIVID IN SHS 33734H106 102,378 3,728 3.78 4,657 15.87 0.4933
2024-08-05 2024-06-30 13F FIRST TR VALUE LINE DIVID IN SHS 33734H106 98,650 98,650 4,020 0.4424
2024-04-19 2024-03-31 13F FIRST TR VALUE LINE DIVID IN SHS 33734H106 0 -63,479 -100.00 0 -100.00
2024-02-02 2023-12-31 13F FIRST TR VALUE LINE DIVID IN SHS 33734H106 63,479 -103 -0.16 2,575 8.29 0.3058
2023-10-19 2023-09-30 13F FIRST TR VALUE LINE DIVID IN SHS 33734H106 63,582 -46,542 -42.26 2,377 -46.15 0.3316
2023-07-21 2023-06-30 13F FIRST TR VALUE LINE DIVID IN SHS 33734H106 110,124 3,492 3.27 4,415 3.08 0.5657
2023-04-21 2023-03-31 13F FIRST TR VALUE LINE DIVID IN SHS 33734H106 106,632 18,887 21.52 4,282 22.31 0.5837
2023-02-22 2022-12-31 13F FIRST TRUST VALUE DIVIDEND INDEX ETF ETF 33734H106 87,745 227 0.26 3,502 11.78 0.5118
2022-11-14 2022-09-30 13F FIRST TRUST VALUE DIVIDEND INDEX ETF ETF 33734H106 87,518 456 0.52 3,132 -7.31 0.4600
2022-08-10 2022-06-30 13F FIRST TRUST VALUE DIVIDEND INDEX ETF ETF 33734H106 87,062 -6,830 -7.27 3,379 -14.91 0.4459
2022-05-16 2022-03-31 13F FIRST TRUST VALUE DIVIDEND INDEX ETF ETF 33734H106 93,892 -23,353 -19.92 3,971 -21.30 0.4079
2022-01-18 2021-12-31 13F FIRST TRUST VALUE DIVIDEND INDEX ETF ETF 33734H106 117,245 28,418 31.99 5,046 44.92 0.4875
2021-11-03 2021-09-30 13F FIRST TRUST VALUE DIVIDEND INDEX ETF ETF 33734H106 88,827 3,419 4.00 3,482 2.50 0.3784
2021-07-29 2021-06-30 13F FIRST TRUST VALUE DIVIDEND INDEX ETF ETF 33734H106 85,408 5,752 7.22 3,397 12.30 0.3867
2021-05-04 2021-03-31 13F FIRST TRUST VALUE DIVIDEND INDEX ETF ETF 33734H106 79,656 9,249 13.14 3,025 22.52 0.3931
2021-01-14 2020-12-31 13F FIRST TRUST VALUE DIVIDEND INDEX ETF ETF 33734H106 70,407 6,576 10.30 2,469 22.96 0.3554
2020-11-02 2020-09-30 13F FIRST TRUST VALUE DIVIDEND INDEX ETF DIV INDX ETF 33734H106 63,831 -21,462 -25.16 2,008 -22.35 0.3573
2020-07-31 2020-06-30 13F FIRST TRUST VALUE DIVIDEND INDEX ETF ETF 33734H106 85,293 -15,219 -15.14 2,586 -7.05 0.5034
2020-04-30 2020-03-31 13F FIRST TRUST VALUE DIVIDEND INDEX ETF VALUE DIVIDEND INDEX ETF 33734H106 100,512 -61,907 -38.12 2,782 -52.46 0.6425
2020-01-29 2019-12-31 13F FIRST TRUST VALUE DIVIDEND INDEX ETF VALUE DIVIDEND INDEX ETF 33734H106 162,419 83,685 106.29 5,852 113.19 1.0461
2019-10-31 2019-09-30 13F FIRST TRUST VALUE DIVIDEND INDEX ETF VALUE DIVIDEND INDEX ETF 33734H106 78,734 4,414 5.94 2,745 9.45 0.5632
2019-08-14 2019-06-30 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 74,320 3,678 5.21 2,508 9.33 0.5733
2019-05-03 2019-03-31 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 70,642 17,580 33.13 2,294 48.67 0.5720
2019-02-06 2018-12-31 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 53,062 -493 -0.92 1,543 -8.91 0.4512
2018-10-09 2018-09-30 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 53,555 -1,899 -3.42 1,694 0.89 0.4369
2018-08-01 2018-06-30 13F FIRST TR VALUE LINE DIVID INDX SHS VALUE LINE DIVID INDEX SHS 33734H106 55,454 -4,315 -7.22 1,679 -5.99 0.4690
2018-05-15 2018-03-31 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 59,769 -353,892 -85.55 1,786 -86.01 0.4481
2018-05-15 2017-12-31 13F/A-1 FIRST TR VALUE LINE DIVID IN SHS 33734H106 413,661 1,608 0.39 12,766 4.14 3.2262
2018-08-02 2017-09-30 13F FIRST TR VALUE LINE DIVID INDX SHS VALUE LINE DIVID INDX SHS 33734H106 412,053 -28,206 -6.41 12,259 -4.81 4.0664
2018-08-30 2017-06-30 13F FIRST TR VALUE LINE DIVID INDX SHS VALUE LINE DIVID INDX SHS 33734H106 440,259 -7,204 -1.61 12,878 -0.79 4.0638
2018-09-05 2017-03-31 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 447,463 11,516 2.64 12,981 6.23 5.0544
2018-09-10 2016-12-31 13F FIRST TR VALUE LINE DIVID INDX SHS VALUE LINE DIVID INDX SHS 33734H106 435,947 264,371 154.08 12,220 163.76 5.8145
2018-09-25 2016-09-30 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 171,576 126,407 279.85 4,633 280.38 2.2554
2018-10-01 2016-06-30 13F FIRST TR VALUE LINE DIVID INDX SHS VALUE LINE DIVID INDX SHS 33734H106 45,169 2,845 6.72 1,218 11.85 0.6464
2018-10-12 2016-03-31 13F FIRST TR VALUE LINE DIVID INDX SHS VALUE LINE DIVID INDX SHS 33734H106 42,324 4,761 12.67 1,089 21.40 0.6807
2018-10-18 2015-12-31 13F FIRST TR VALUE LINE DIVID INDX SHS VALUE LINE DIVID INDX SHS 33734H106 37,563 -2,685 -6.67 897 -2.18 0.5915
2018-10-29 2015-09-30 13F FIRST TR VALUE LINE DIVID IN VALUE LINE DIVID INDX SHS 33734H106 40,248 -7,235 -15.24 917 -17.39 0.6398
2018-11-06 2015-06-30 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 47,483 4,783 11.20 1,110 7.87 0.7850
2018-11-13 2015-03-31 13F FIRST TR VALUE LINE DIVID INDX SHS VALUE LINE DIVID INDX SHS 33734H106 42,700 6,315 17.36 1,029 17.06 0.8693
2018-11-19 2014-12-31 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 36,385 10,251 39.22 879 49.74 0.9075
2018-12-04 2014-09-30 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 26,134 2,053 8.53 587 6.53 0.8635
2018-12-18 2014-06-30 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 24,081 -999 -3.98 551 5.96 0.7993
2019-01-28 2014-03-31 13F FIRST TR VALUE LINE DIVID INDX SHS DIVID INDX SHS 33734H106 25,080 100 0.40 520 -2.80 1.7784
2019-03-15 2013-12-31 13F FIRST TR VALUE LINE DIVID INDX SHS VALUE LINE DIVID INDX SHS 33734H106 24,980 24,980 535 2.9071
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.