Aviance Capital Management’s Vanguard Real Estate ETF VNQ Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-84,460	Closed	-$7.33M	–	317
2016 Q3	$7.33M	Sell	84,460 -174,900	-67%	-$15.2M	0.2%	101
2016 Q2	$23M	Sell	259,360 -13,248	-5%	-$1.17M	0.69%	42
2016 Q1	$22.8M	Buy	+272,608	New	+$22.8M	0.75%	38