Avalon Capital Management’s SPDR Nuveen ICE High Yield Municipal Bond ETF HYMB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-24,878	Closed	-$700K	–	83
2014 Q2	$700K	Sell	24,878 -3,870	-13%	-$109K	0.58%	63
2014 Q1	$786K	Buy	+28,748	New	+$786K	0.64%	62