Gladstone Institutional Advisory’s Vanguard Mortgage-Backed Securities ETF VMBS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$460K	Buy	9,798 +4,072	+71%	+$192K	0.02%	554
2025 Q4	$270K	Buy	5,726 +1,053	+23%	+$49.6K	0.01%	669
2025 Q3	$219K	Buy	+4,673	New	+$217K	0.01%	739
2023 Q3	–	Sell	-5,820	Closed	-$268K	–	675
2023 Q2	$268K	Sell	5,820 -4,412	-43%	-$204K	0.02%	536
2023 Q1	$476K	Buy	10,232 +4,270	+72%	+$198K	0.03%	416
2022 Q4	$271K	Sell	5,962 -1,185	-17%	-$53.7K	0.02%	525
2022 Q3	$322K	Sell	7,147 -166	-2%	-$7.9K	0.03%	481
2022 Q2	$350K	Sell	7,313 -2,071	-22%	-$99.7K	0.03%	475
2022 Q1	$470K	Sell	9,384 -451	-5%	-$23.2K	0.03%	442
2021 Q4	$520K	Buy	9,835 +167	+2%	+$8.85K	0.04%	373
2021 Q3	$515K	Buy	9,668 +2,349	+32%	+$126K	0.05%	315
2021 Q2	$391K	Sell	7,319 -405	-5%	-$21.7K	0.05%	343
2021 Q1	$412K	Sell	7,724 -924	-11%	-$49.7K	0.06%	264
2020 Q4	$468K	Sell	8,648 -24,057	-74%	-$1.3M	0.09%	166
2020 Q3	$1.77M	Buy	32,705 +17,280	+112%	+$939K	0.42%	51
2020 Q2	$839K	Buy	15,425 +9,557	+163%	+$520K	0.21%	96
2020 Q1	$319K	Buy	5,868 +125	+2%	+$6.68K	0.08%	181
2019 Q4	$305K	Buy	5,743 +608	+12%	+$32.3K	0.07%	187
2019 Q3	$273K	Sell	5,135 -52	-1%	-$2.76K	0.07%	221
2019 Q2	$274K	Buy	5,187 +777	+18%	+$40.6K	0.08%	214
2019 Q1	$231K	Sell	4,410 -452	-9%	-$23.4K	0.08%	185
2018 Q4	$250K	Buy	+4,862	New	+$247K	0.15%	141