Forward Management’s Vanguard Mortgage-Backed Securities ETF VMBS Stock Holding History

Forward Management’s Portfolio VMBS Stock Details VMBS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-10,470	Closed	-$551K	–	266
2015 Q4	$551K	Sell	10,470 -26,267	-72%	-$1.4M	0.05%	187
2015 Q3	$1.96M	Sell	36,737 -3,330	-8%	-$177K	0.16%	88
2015 Q2	$2.12M	Sell	40,067 -9,900	-20%	-$527K	0.13%	100
2015 Q1	$2.67M	Sell	49,967 -10,483	-17%	-$558K	0.16%	92
2014 Q4	$3.2M	Buy	60,450 +32,120	+113%	+$1.7M	0.17%	85
2014 Q3	$1.49M	Hold	28,330	–	–	0.09%	134
2014 Q2	$1.49M	Sell	28,330 -21,900	-44%	-$1.14M	0.09%	123
2014 Q1	$2.6M	Buy	50,230 +19,230	+62%	+$994K	0.15%	85
2013 Q4	$1.58M	Hold	31,000	–	–	0.1%	112
2013 Q3	$1.6M	Hold	31,000	–	–	0.1%	119
2013 Q2	$1.58M	Buy	+31,000	New	+$1.61M	0.13%	121

Other funds holding VMBS

Charles Schwab Investment Advisory San Francisco, California $72.8B AUM 10.03% 1-Year Est. Return

Envestnet Asset Management

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Milliman Financial Risk Management Chicago, Illinois $6.4B AUM 12.26% 1-Year Est. Return

Bank of America

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $431B AUM 30.22% 1-Year Est. Return

Lincoln National Corp Radnor, Pennsylvania $3.45B AUM 12.55% 1-Year Est. Return

UBS Group Zurich, Switzerland $564B AUM 30.12% 1-Year Est. Return

Rockefeller Financial Services New York $6.34B AUM 27.35% 1-Year Est. Return

Mather Group Chicago, Illinois $10B AUM 15.14% 1-Year Est. Return

WBI Investments Red Bank, New Jersey $362M AUM 23.75% 1-Year Est. Return