Horizon Investments’s Vanguard Mortgage-Backed Securities ETF VMBS Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-189,918	Closed	-$10.1M	–	124
2015 Q1	$10.1M	Buy	189,918 +8,919	+5%	+$477K	0.96%	22
2014 Q4	$9.6M	Buy	+180,999	New	+$9.6M	0.97%	16
2014 Q2	–	Sell	-163,932	Closed	-$8.48M	–	125
2014 Q1	$8.48M	Buy	+163,932	New	+$8.48M	1.1%	15