SCHEDULE: BNY Mellon Entities Report Stake in First Trust ETF

Several Bank of New York Mellon subsidiaries have reported beneficial ownership of over 5% in the First Trust Horizon Managed Volatility Domestic ETF.

Summary

• This filing is an amendment to a Schedule 13G, indicating a change in beneficial ownership reporting for the First Trust Horizon Managed Volatility Domestic ETF.
• The Bank of New York Mellon Corporation and its subsidiaries, including BNY Mellon IHC, LLC, MBC Investments Corp, and BNY Mellon Advisors, Inc., are reporting their beneficial ownership of shares in the First Trust Horizon Managed Volatility Domestic ETF.
• The reporting date for this event is March 31, 2026.
• The Bank of New York Mellon Corporation, through its subsidiaries, holds a significant aggregate amount of shares, representing a substantial percentage of the class of securities.
• Specific subsidiaries like BNY Mellon IHC, LLC and MBC Investments Corp each report beneficial ownership of 398,426 shares, representing 21.5% of the class.
• The Bank of New York Mellon Corporation itself reports beneficial ownership of 422,253 shares, representing 22.8% of the class.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by a large financial institution and does not contain operational or financial performance information.

Positives

• The filing clearly outlines the beneficial ownership of significant entities within the Bank of New York Mellon Corporation, providing transparency.
• The reporting is up-to-date as of March 31, 2026, reflecting current holdings.

Future Outlook

This filing is a report of beneficial ownership and does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are standard for institutional investors and investment funds to report significant ownership stakes in publicly traded companies and ETFs. The involvement of multiple Bank of New York Mellon entities suggests a coordinated approach to managing these investments.

Stakeholder Impact

• Shareholders of the First Trust Horizon Managed Volatility Domestic ETF are informed about the significant ownership held by entities within The Bank of New York Mellon Corporation, which can influence fund management and strategy.
• Other investors in the ETF can assess the concentration of ownership and potential market impact from these large holdings.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, ETF, First Trust Horizon Managed Volatility Domestic ETF, Bank of New York Mellon, BNY Mellon, Investment Holdings, Securities Exchange Act