FIRST TRUST EXCHANGE-TRADED FUND: FIRST TRUST PORTFOLIOS LP discloses a stake of more than 5% (Schedule 13G)

First Trust Portfolios LP has disclosed a stake exceeding 5% in First Trust Exchange-Traded Fund via a Schedule 13G filing with the SEC (accession 0001445546-26-008534). The filing signals that the adviser has crossed the 5% beneficial ownership threshold, a level that triggers disclosure obligations under U.S. securities rules. The exact number of shares and percentage held were not specified in the headline disclosure. The move matters because it formalizes First Trust Portfolios' position as a major holder in the ETF, which can draw attention to ownership concentration and governance dynamics. What to watch next is the full Schedule 13G text, which should detail the share count, percentage ownership and whether the stake is passive or activist in nature.