Confluence Investment Management’s SPDR SSGA Income Allocation ETF INKM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-17,561	Closed	-$519K	–	236
2015 Q4	$519K	Buy	17,561 +9,897	+129%	+$292K	0.02%	206
2015 Q3	$227K	Buy	+7,664	New	+$227K	0.01%	223
2015 Q1	–	Sell	-10,590	Closed	-$340K	–	247
2014 Q4	$340K	Buy	+10,590	New	+$340K	0.01%	220