Confluence Investment Management’s Vanguard FTSE Emerging Markets ETF VWO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q1	–	Sell	-5,909	Closed	-$230K	–	323
2022 Q4	$230K	Buy	+5,909	New	+$225K	﹤0.01%	296
2022 Q1	–	Sell	-5,091	Closed	-$252K	–	321
2021 Q4	$252K	Buy	+5,091	New	+$257K	﹤0.01%	290
2019 Q1	–	Sell	-70,579	Closed	-$2.69M	–	322
2018 Q4	$2.69M	Sell	70,579 -114,722	-62%	-$4.44M	0.05%	174
2018 Q3	$7.6M	Buy	185,301 +21,344	+13%	+$898K	0.13%	112
2018 Q2	$6.92M	Sell	163,957 -6,110	-4%	-$276K	0.12%	116
2018 Q1	$7.99M	Buy	170,067 +13,473	+9%	+$646K	0.15%	107
2017 Q4	$7.19M	Buy	156,594 +6,607	+4%	+$295K	0.13%	109
2017 Q3	$6.54M	Buy	+149,987	New	+$6.49M	0.13%	118
2017 Q1	–	Sell	-109,433	Closed	-$3.92M	–	248
2016 Q4	$3.92M	Buy	109,433 +101,510	+1,281%	+$3.72M	0.1%	137
2016 Q3	$298K	Sell	7,923 -2,062	-21%	-$76.8K	0.01%	208
2016 Q2	$352K	Buy	+9,985	New	+$341K	0.01%	207
2014 Q1	–	Sell	-6,311	Closed	-$260K	–	268
2013 Q4	$260K	Sell	6,311 -15,429	-71%	-$636K	0.01%	250
2013 Q3	$873K	Sell	21,740 -188,187	-90%	-$7.45M	0.05%	187
2013 Q2	$8.14M	Buy	+209,927	New	+$8.8M	0.56%	64