What do your power readings tell you? Is there a major loss in efficiency, or is power lower than expected?
High power (matches expected 4 stage requirements) - forgot to install wear rings, new impeller different hydraulic design (wrong part), leak in system somewhere before location you are measuring
Low power - suction issue (cavitation, vortexing, restriction), loose impeller
Note - it is uncommon to have a "dummy bowl" that is fully functional just minus an impeller. There will be losses in the dummy configuration, without an impeller to guide the flow through the bowl diffusers. It is more common to include a short column/spool piece that matches a bowl length, bearing location, and bolt circles/mounting details. This spool is then pulled and replaced with an actual bowl at the same time an additional impeller is installed.
Are these collet mount or ring/key? In theory you could throw an impeller wherever you wanted on the shaft if it is collet mount. If it was installed above a "top case" and discharging into an open column pipe, I can imagine that flow disturbance to have the symptoms you are describing. I have trouble thinking that this could actually happen, but you never know.