Cumberland Advisors’s Vanguard Morningstar Small-Cap ETF VB Stock Holding History

Cumberland Advisors’s Portfolio VB Stock Details VB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-11,630	Closed	-$1.29M	–	60
2015 Q4	$1.29M	Sell	11,630 -10	-0.1%	-$1.13K	0.76%	30
2015 Q3	$1.26M	Buy	11,640 +3,780	+48%	+$442K	0.78%	27
2015 Q2	$955K	Buy	7,860 +1,320	+20%	+$162K	0.5%	31
2015 Q1	$802K	Buy	6,540 +4,940	+309%	+$585K	0.42%	33
2014 Q4	$187K	Buy	1,600 +760	+90%	+$86.5K	0.11%	41
2014 Q3	$93K	Buy	+840	New	+$96.2K	0.06%	37

Other funds holding VB

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $202B AUM 37.79% 1-Year Est. Return

TCT

TIAA CREF Trust St Louis, Missouri $13.8B AUM 10.67% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

Creative Planning Overland Park, Kansas $171B AUM 24.68% 1-Year Est. Return

MFRM

Milliman Financial Risk Management Chicago, Illinois $6.4B AUM 12.26% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Cumberland Advisors's VB Position: Q1 2016 in Review

Cumberland Advisors sold out of Vanguard Morningstar Small-Cap ETF (VB) in Q1 2016, closing a stake of 11,630 shares — an estimated $1.29M sold.

Cumberland Advisors first reported a position in VB in Q3 2014 and held it in 6 quarters. The position peaked at $1.29M in Q4 2015. 489 funds tracked by Wall St. Rank hold VB as of Q1 2016.

Cumberland Advisors reported no remaining Vanguard Morningstar Small-Cap ETF position as of Q1 2016 after selling out during the quarter.
Cumberland Advisors sold 11,630 Vanguard Morningstar Small-Cap ETF shares in Q1 2016, an estimated $1.29M.
Cumberland Advisors first reported a position in Vanguard Morningstar Small-Cap ETF in Q3 2014 and held it in 6 quarters.
Cumberland Advisors's Vanguard Morningstar Small-Cap ETF position peaked at $1.29M in Q4 2015.
489 funds tracked by Wall St. Rank held Vanguard Morningstar Small-Cap ETF as of Q1 2016.

Based on Cumberland Advisors's 13F filing for Q1 2016, filed 11 Apr 2016.