Arrow Investment Advisors’s SPDR Bloomberg High Yield Bond ETF JNK Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-44,457	Closed	-$5.57M	–	67
2014 Q2	$5.57M	Buy	44,457 +24,857	+127%	+$3.11M	1%	23
2014 Q1	$2.43M	Buy	+19,600	New	+$2.43M	0.45%	23