Ashford Capital Management’s BlackRock Investment Quality Municipal Trust BKN Stock Holding History

Ashford Capital Management’s Portfolio BKN Stock Details BKN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-28,153	Closed	-$433K	–	100
2015 Q4	$433K	Buy	28,153 +2,651	+10%	+$40K	0.1%	90
2015 Q3	$380K	Sell	25,502 -22,990	-47%	-$341K	0.09%	98
2015 Q2	$705K	Sell	48,492 -72,567	-60%	-$1.1M	0.16%	79
2015 Q1	$1.93M	Sell	121,059 -27,742	-19%	-$449K	0.39%	66
2014 Q4	$2.44M	Buy	148,801 +72,005	+94%	+$1.14M	0.49%	65
2014 Q3	$1.17M	Buy	+76,796	New	+$1.15M	0.25%	80

Other funds holding BKN

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

RCM

Robinson Capital Management Grosse Pointe Farms, Michigan $226M AUM 6.92% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Fiera Capital (Canada) Montreal, Quebec, Canada $27.6B AUM 23.56% 1-Year Est. Return

NPC

National Planning Corporation El Segundo, California $726K AUM 14.28% 1-Year Est. Return

AAM

Advisors Asset Management Monument, Colorado $6.56B AUM 35.09% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

VanEck Associates New York $164B AUM 112.45% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Ashford Capital Management's BKN Position: Q1 2016 in Review

Ashford Capital Management sold out of BlackRock Investment Quality Municipal Trust (BKN) in Q1 2016, closing a stake of 28,153 shares — an estimated $433K sold.

Ashford Capital Management first reported a position in BKN in Q3 2014 and held it in 6 quarters. The position peaked at $2.44M in Q4 2014. 37 funds tracked by Wall St. Rank hold BKN as of Q1 2016.

Ashford Capital Management reported no remaining BlackRock Investment Quality Municipal Trust position as of Q1 2016 after selling out during the quarter.
Ashford Capital Management sold 28,153 BlackRock Investment Quality Municipal Trust shares in Q1 2016, an estimated $433K.
Ashford Capital Management first reported a position in BlackRock Investment Quality Municipal Trust in Q3 2014 and held it in 6 quarters.
Ashford Capital Management's BlackRock Investment Quality Municipal Trust position peaked at $2.44M in Q4 2014.
37 funds tracked by Wall St. Rank held BlackRock Investment Quality Municipal Trust as of Q1 2016.

Based on Ashford Capital Management's 13F filing for Q1 2016, filed 13 May 2016.