First Trust Advisors Reduces Stake in Blue Bird Corporation

Institutional investor cuts ownership in school bus manufacturer by 7.1% in Q3 2025

Mar. 13, 2026 at 7:54am

First Trust Advisors LP, an institutional investor, reduced its stake in Blue Bird Corporation (NASDAQ:BLBD) by 7.1% in the third quarter of 2025, according to a disclosure filed with the Securities and Exchange Commission (SEC). The firm now owns 755,468 shares, or about 2.38% of the school bus manufacturer's outstanding stock, valued at $43.5 million as of the latest SEC filing.

Why it matters

Blue Bird is a leading producer of school buses and other mass transit vehicles, so changes in major institutional ownership can signal shifts in investor sentiment around the company's prospects. The reduction by First Trust Advisors, a prominent investment management firm, may raise questions about the stock's performance or future outlook.

The details

According to the SEC filing, First Trust Advisors sold 57,686 shares of Blue Bird stock during the third quarter of 2025. The firm now holds a 2.38% stake in the company, down from 2.56% previously. Blue Bird's stock price has fluctuated in recent quarters, trading between $30 and $63 over the past 52 weeks.

  • First Trust Advisors reduced its Blue Bird stake in the third quarter of 2025.

The players

First Trust Advisors LP

An institutional investment management firm that has reduced its ownership stake in Blue Bird Corporation.

Blue Bird Corporation

A leading manufacturer of school buses and other mass transit vehicles headquartered in Fort Valley, Georgia.

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The takeaway

The reduction in First Trust Advisors' Blue Bird stake could signal broader uncertainty around the school bus manufacturer's performance and outlook, though the reasons behind the firm's decision are not entirely clear. Investors will likely watch for any further changes in major institutional ownership of Blue Bird stock in the coming quarters.