Avalon Investment & Advisory’s iShares 7-10 Year Treasury Bond ETF IEF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-57,439	Closed	-$6.2M	–	264
2015 Q3	$6.2M	Buy	+57,439	New	+$6.2M	0.27%	110