[SCHEDULE 13G/A] ARMOUR Residential REIT, Inc. SEC Filing

Rhea-AI Filing Summary

Schedule 13G Overview – The Vanguard Group & Ralliant Corp (RAL)

On 30 June 2025, The Vanguard Group filed a Schedule 13G reporting passive beneficial ownership of Ralliant Corp’s common stock. Vanguard now controls 13,174,096 shares, representing 11.65 % of RAL’s outstanding shares. The filing is made under Rule 13d-1(b) because Vanguard is an SEC-registered investment adviser ("IA").

Voting vs. dispositive authority

• Sole voting power: 0 shares
• Shared voting power: 49,118 shares
• Sole dispositive power: 12,898,650 shares
• Shared dispositive power: 275,446 shares

While Vanguard has virtually no direct voting power, it retains the right to dispose of nearly all of the reported shares, indicating the holding is spread across indexed and managed funds that delegate voting to third parties or follow fund-level policies.

Implications for investors

• Crossing the 10 % threshold makes Vanguard a significant institutional holder, potentially increasing RAL’s visibility among passive and ETF-tracking investors.
• The passive 13G filing (rather than an activist 13D) signals no intention to influence control or strategy.
• Concentrated ownership may add liquidity support but could create share-supply risk if Vanguard trims its position.

The certification confirms the stake was acquired in the ordinary course of business and not to influence management. The document is signed by Ashley Grim, Head of Global Fund Administration, on 7 July 2025.

Positive

• Large institutional endorsement: Vanguard’s 11.65 % stake signals confidence and may attract additional passive inflows.
• Enhanced liquidity: A sizable index-fund position typically narrows bid-ask spreads and supports daily trading volume.

Negative

• Concentration risk: Vanguard’s ability to dispose of nearly 13 million shares could pressure the stock if large redemptions occur.
• Limited governance influence: Near-zero sole voting power means Vanguard is unlikely to advocate for shareholder-friendly changes.

Insights

Buy-Side Portfolio Manager

TL;DR: Vanguard’s 11.65 % passive stake boosts liquidity and visibility but has limited governance impact.

Vanguard’s filing is routine for an index manager whose AUM pushes it above the 10 % threshold. The near-zero sole voting power shows most shares sit in funds that outsource proxy decisions or vote proportionally, so management should not expect activism. For investors, the presence of a mega-cap manager provides liquidity and may reduce volatility, yet the potential for large-block sales remains a technical overhang. Fundamentally, the filing does not alter RAL’s earnings outlook or strategy, so I consider the market impact modest and largely sentiment-based.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 14)

ARMOUR Residential REIT Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

042315705

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 042315705

1

Names of Reporting Persons

The Vanguard Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 52,467.00
7	Sole Dispositive Power 8,696,746.00
8	Shared Dispositive Power 151,291.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,848,037.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

10.82 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ARMOUR Residential REIT Inc
(b)	Address of issuer's principal executive offices: 3001 Ocean Drive, Suite 201, Vero Beach, FL, 32963
Item 2.
(a)	Name of person filing: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd., Malvern, PA 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 042315705
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 8848037
(b)	Percent of class: 10.82 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 52467
	(iii) Sole power to dispose or to direct the disposition of: 8696746
	(iv) Shared power to dispose or to direct the disposition of: 151291
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, Inc.'s clients, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein. No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	07/07/2025

FAQ

How much of Ralliant Corp (RAL) does Vanguard now own?

Vanguard beneficially owns 13,174,096 shares, equating to 11.65 % of the outstanding common stock.

Is Vanguard’s filing activist or passive?

It is a passive Schedule 13G, indicating no intent to influence control or strategy.

What voting power does Vanguard hold in RAL?

Vanguard has 0 shares with sole voting power and 49,118 shares with shared voting power.

Why did Vanguard file on 30 June 2025?

Crossing the 10 % ownership threshold triggered a filing requirement on that event date.

Who signed the Schedule 13G for Vanguard?

The document was signed by Ashley Grim, Head of Global Fund Administration, on 7 July 2025.

Does Vanguard intend to influence Ralliant’s management?

No. The certification states the shares were acquired in the ordinary course of business without intent to influence control.