Arden Trust’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2021 Q1	–	Sell	-3,608	Closed	-$245K	–	326
2020 Q4	$245K	Hold	3,608	–	–	0.04%	279
2020 Q3	$230K	Hold	3,608	–	–	0.04%	276
2020 Q2	$219K	Sell	3,608 -3,210	-47%	-$190K	0.04%	293
2020 Q1	$368K	Sell	6,818 -339	-5%	-$21.5K	0.07%	209
2019 Q4	$470K	Hold	7,157	–	–	0.07%	230
2019 Q3	$458K	Hold	7,157	–	–	0.07%	230
2019 Q2	$442K	Sell	7,157 -508	-7%	-$30.5K	0.07%	226
2019 Q1	$451K	Hold	7,665	–	–	0.07%	238
2018 Q4	$402K	Sell	7,665 -824	-10%	-$45.3K	0.07%	226
2018 Q3	$484K	Sell	8,489 -163	-2%	-$9.08K	0.08%	231
2018 Q2	$460K	Hold	8,652	–	–	0.07%	225
2018 Q1	$450K	Hold	8,652	–	–	0.07%	233
2017 Q4	$457K	Sell	8,652 -103	-1%	-$5.34K	0.07%	224
2017 Q3	$440K	Sell	8,755 -1,406	-14%	-$70.1K	0.07%	245
2017 Q2	$497K	Sell	10,161 -677	-6%	-$33K	0.08%	238
2017 Q1	$517K	Sell	10,838 -161	-1%	-$7.54K	0.08%	222
2016 Q4	$497K	Buy	10,999 +1,625	+17%	+$72.5K	0.08%	235
2016 Q3	$426K	Buy	+9,374	New	+$434K	0.07%	235
2015 Q1	–	Sell	-9,938	Closed	-$402K	–	475
2014 Q4	$402K	Sell	9,938 -32	-0.3%	-$1.26K	0.06%	256
2014 Q3	$376K	Sell	9,970 -81	-0.8%	-$3.05K	0.05%	257
2014 Q2	$374K	Sell	10,051 -1,930	-16%	-$70.6K	0.05%	241
2014 Q1	$432K	Buy	11,981 +2,263	+23%	+$80K	0.05%	240
2013 Q4	$345K	Buy	9,718 +469	+5%	+$16.3K	0.04%	251
2013 Q3	$307K	Buy	+9,249	New	+$309K	0.04%	256