First Trust Exchange-Traded Fund IV - First Trust Low Duration Opportunities ETF
US ˙ NasdaqGM ˙ US33739Q2003

SecurityLMBS / First Trust Exchange-Traded Fund IV - First Trust Low Duration Opportunities ETF
InstitutionLevel Four Advisory Services, Llc
Latest Disclosed Ownership6,464 shares
Latest Disclosed Value $ 321,972
Level Four Advisory Services, Llc reports 5.31% increase in ownership of LMBS / First Trust Exchange-Traded Fund IV - First Trust Low Duration Opportunities ETF

On May 14, 2026 - Level Four Advisory Services, Llc filed a 13F-HR form disclosing ownership of 6,464 shares of First Trust Exchange-Traded Fund IV - First Trust Low Duration Opportunities ETF (US:LMBS) valued at $321,972 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 6,138 shares of First Trust Exchange-Traded Fund IV - First Trust Low Duration Opportunities ETF. This represents a change in shares of 5.31% during the quarter. The current value of the position is $321,616 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 FST LOW OPPT EFT 33739Q200 6,464 326 5.31 322 4.90 0.0106
2026-02-13 2025-12-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 6,138 1,481 31.80 307 32.47 0.0100
2025-11-12 2025-09-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 4,657 103 2.26 232 3.13 0.0079
2025-08-13 2025-06-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 4,554 -426 -8.55 224 -8.20 0.0083
2025-05-14 2025-03-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 4,980 -151 -2.94 245 -2.01 0.0101
2025-02-12 2024-12-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 5,131 -61 -1.17 250 -1.19 0.0102
2024-11-14 2024-09-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 5,192 -3,276 -38.69 252 -37.93 0.0106
2024-08-09 2024-06-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 8,468 -4,112 -32.69 407 -33.11 0.0183
2024-05-13 2024-03-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 12,580 0 0.00 608 0.00 0.0334
2024-02-08 2023-12-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 12,580 -1,758 -12.26 608 -10.34 0.0341
2023-11-13 2023-09-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 14,338 -4,593 -24.26 677 -24.94 0.0437
2023-07-10 2023-06-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 18,931 -26,763 -58.57 902 -58.76 0.0542
2023-06-05 2023-03-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 45,694 4,550 11.06 2,187 12.15 0.1435
2023-02-13 2022-12-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 41,144 -1,480 -3.47 1,951 -3.37 0.1448
2022-11-07 2022-09-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 42,624 -5,336 -11.13 2,018 -12.87 0.1961
2022-08-08 2022-06-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 47,960 -6,799 -12.42 2,316 -13.58 0.2184
2022-05-10 2022-03-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 54,759 -6,914 -11.21 2,680 -13.07 0.2099
2022-02-11 2021-12-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 61,673 -629 -1.01 3,083 -2.16 0.2351
2021-10-12 2021-09-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 62,302 -169,720 -73.15 3,151 -73.32 0.3277
2021-08-09 2021-06-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 232,022 -6,490 -2.72 11,810 -3.02 0.8166
2021-05-10 2021-03-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 238,512 -4,915 -2.02 12,178 -2.80 0.9457
2021-02-10 2020-12-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 243,427 2,465 1.02 12,529 0.61 1.0056
2020-11-02 2020-09-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 240,962 24,079 11.10 12,453 11.17 0.9593
2020-08-17 2020-06-30 13F/A-1 FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 216,883 -117,939 -35.22 11,202 -34.32 0.8666
2020-07-27 2020-06-30 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 27,020 -307,802 1,396 3,502,170.0409
2020-05-13 2020-03-31 13F FIRST TR EXCHANGE-TRADED FD FST LOW OPPT EFT 33739Q200 334,822 -8,520 -2.48 17,056 -41.71 2.0458
2020-02-13 2019-12-31 13F FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 343,342 10,659 3.20 29,261 69.15 1.1585
2019-11-12 2019-09-30 13F FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 332,683 10,039 3.11 17,299 3.73 1.7899
2019-08-14 2019-06-30 13F FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 322,644 15,262 4.97 16,677 5.78 1.6835
2019-05-15 2019-03-31 13F FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 307,382 37,705 13.98 15,765 14.51 1.7364
2019-02-07 2018-12-31 13F FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 269,677 52,515 24.18 13,767 24.37 1.7167
2018-11-14 2018-09-30 13F FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 217,162 36,216 20.01 11,069 19.56 1.1963
2018-08-14 2018-06-30 13F FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 180,946 31,413 21.01 9,258 20.52 0.6744
2018-05-14 2018-03-31 13F FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 149,533 118,633 383.93 7,682 381.33 0.5956
2018-02-13 2017-12-31 13F FIRST TR EXCHANGE TRADED FD FST LOW OPPT EFT 33739Q200 30,900 30,900 1,596 0.1242
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.