BNY Mellon reports 2-share stake in First Trust ETF

Bank of New York Mellon Corp (BNY) filed an amended Schedule 13G reporting its beneficial ownership in the First Trust Horizon Managed Volatility Small/Mid ETF, a series of First Trust Exchange-Traded Fund III.

Rhea-AI Filing Summary

Bank of New York Mellon Corp (BNY) filed an amended Schedule 13G reporting its beneficial ownership in the First Trust Horizon Managed Volatility Small/Mid ETF, a series of First Trust Exchange-Traded Fund III. The filing shows beneficial ownership of 2 shares with 0.0% of the outstanding class, with sole voting and dispositive power over those 2 shares.

The report is made by The Bank of New York Mellon Corporation and related subsidiaries, which expressly state that the filing should not be construed as an admission that they are beneficial owners of any securities for purposes of Sections 13(d) or 13(g). The position represents ownership of 5 percent or less of the ETF’s shares.

Key Figures

Shares beneficially owned: 2 shares Sole Voting Power: 2 shares Sole Dispositive Power: 2 shares +3 more

6 metrics

Shares beneficially owned 2 shares Beneficial ownership in First Trust Horizon Managed Volatility Small/Mid ETF as reported by Bank of New York Mellon Corp

Sole Voting Power 2 shares Shares over which Bank of New York Mellon Corp has sole voting power

Sole Dispositive Power 2 shares Shares over which Bank of New York Mellon Corp has sole dispositive power

Ownership percentage 0.0% Percent of the ETF’s outstanding class reported as beneficially owned

Ownership threshold disclosure 5 percent or less Stated under Item 5: Ownership of 5 Percent or Less of a Class

Relevant date August 31, 2026 Date associated with the reported ownership position

Key Terms

beneficial owners, Sole Voting Power, Sole Dispositive Power, parent holding company, +1 more

5 terms

beneficial owners regulatory

"are for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owners"

Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.

Sole Voting Power financial

"5 | Sole Voting Power 2.00 6 | Shared Voting Power 0.00"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Sole Dispositive Power financial

"7 | Sole Dispositive Power 2.00 8 | Shared Dispositive Power 0.00"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

parent holding company regulatory

"If a parent holding company has filed this schedule, pursuant to (ii)(G)"

Schedule 13G regulatory

"The filing of this shall not be construed as an admission"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

What did Bank of New York Mellon Corp (BNY) report in this Schedule 13G/A?

Bank of New York Mellon Corp reported beneficial ownership in the First Trust Horizon Managed Volatility Small/Mid ETF, disclosing control over 2 shares, representing 0.0% of the outstanding class, with sole voting and dispositive power over those shares.

How many shares of the First Trust Horizon Managed Volatility Small/Mid ETF does BNY (symbol BNY) report owning?

BNY reports beneficial ownership of 2 shares of the First Trust Horizon Managed Volatility Small/Mid ETF, with 2 shares subject to sole voting power and 2 shares subject to sole dispositive power, and no shares under shared voting or dispositive power.

What percentage of the First Trust Horizon Managed Volatility Small/Mid ETF class does BNY’s holding represent?

The filing states that Bank of New York Mellon Corp’s position represents 0.0% of the class and confirms that the ownership is 5 percent or less of the ETF’s outstanding shares.

Which BNY-related entities are identified in this Schedule 13G/A amendment?

The amendment identifies The Bank of New York Mellon Corporation, BNY Mellon IHC, LLC, MBC Investments Corp, and BNY Mellon Advisors, Inc. as reporting persons or related subsidiaries in connection with the ETF holdings.

Does Bank of New York Mellon Corp admit beneficial ownership of the ETF shares in this filing?

No. The filing states that it shall not be construed as an admission that Bank of New York Mellon Corp or its direct or indirect subsidiaries are beneficial owners of any securities for purposes of Sections 13(d) or 13(g) of the Exchange Act.

What is the relevant date for BNY’s reported ownership in this Schedule 13G/A?

The cover information indicates a relevant date of August 31, 2026 for the reported holdings of the First Trust Horizon Managed Volatility Small/Mid ETF by Bank of New York Mellon Corp and its related entities.

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Available on EDGAR 09/08/2026 - 02:14 PM Accepted by SEC EDGAR 09/08/2026 - 02:11 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

FIRST TRUST EXCHANGE-TRADED FUND III

(Name of Issuer)

First Trust Horizon Managed Volatility Small/Mid ETF

(Title of Class of Securities)

33741Y100

(CUSIP Number)

08/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 33741Y100

1

Names of Reporting Persons

Bank of New York Mellon Corp

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP Number(s): 33741Y100

1

Names of Reporting Persons

BNY Mellon IHC, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP Number(s): 33741Y100

1

Names of Reporting Persons

MBC Investments Corp

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

CUSIP Number(s): 33741Y100

1

Names of Reporting Persons

BNY Mellon Advisors, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FIRST TRUST EXCHANGE-TRADED FUND III
(b)	Address of issuer's principal executive offices: 120 EAST LIBERTY DRIVE, WHEATON, ILLINOIS, 60187
Item 2.
(a)	Name of person filing: The Bank of New York Mellon Corporation
(b)	Address or principal business office or, if none, residence: 240 Greenwich Street New York, New York 10286
(c)	Citizenship: See cover page
(d)	Title of class of securities: First Trust Horizon Managed Volatility Small/Mid ETF
(e)	CUSIP No.: 33741Y100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See Item 5 through 9 and 11 of cover page(s) as to each reporting person. The filing of this Schedule 13G shall not be construed as an admission that The Bank of New York Mellon Corporation, or its direct or indirect subsidiaries, including The Bank of New York Mellon and BNY Mellon, National Association, are for the purposes of Section 13(d) or 13(g) of the Act, the beneficial owners of any securities covered by this Schedule 13G.
(b)	Percent of class: See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
	(ii) Shared power to vote or to direct the vote: See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
	(iii) Sole power to dispose or to direct the disposition of: See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
	(iv) Shared power to dispose or to direct the disposition of: See Item 5 through 9 and 11 of cover page(s) as to each reporting person.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit I.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Bank of New York Mellon Corp

Signature:	Andrew Weiser
Name/Title:	Attorney-In-Fact
Date:	09/08/2026

BNY Mellon IHC, LLC

Signature:	Andrew Weiser
Name/Title:	Attorney-In-Fact
Date:	09/08/2026

MBC Investments Corp

Signature:	Andrew Weiser
Name/Title:	Attorney-In-Fact
Date:	09/08/2026

BNY Mellon Advisors, Inc.

Signature:	Andrew Weiser
Name/Title:	Attorney-In-Fact
Date:	09/08/2026