First Allied Asset Management’s Invesco National AMT-Free Municipal Bond ETF PZA Stock Holding History

First Allied Asset Management’s Portfolio PZA Stock Details PZA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-244,215	Closed	-$6.24M	–	116
2015 Q1	$6.24M	Sell	244,215 -11,066	-4%	-$283K	0.88%	50
2014 Q4	$6.48M	Sell	255,281 -8,457	-3%	-$214K	0.9%	53
2014 Q3	$6.62M	Buy	263,738 +7,396	+3%	+$184K	0.89%	50
2014 Q2	$6.31M	Buy	256,342 +7,480	+3%	+$183K	0.93%	53
2014 Q1	$5.99M	Buy	248,862 +60,435	+32%	+$1.43M	0.87%	54
2013 Q4	$4.36M	Sell	188,427 -45,016	-19%	-$1.04M	0.63%	65
2013 Q3	$5.41M	Buy	233,443 +4,821	+2%	+$111K	0.81%	55
2013 Q2	$5.49M	Buy	+228,622	New	+$5.76M	0.79%	36

Other funds holding PZA

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

MAA

Managed Account Advisors Jersey City, New Jersey $121B AUM 7.32% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

TNBTD

Trustmark National Bank Trust Department Jackson, Mississippi $1.56B AUM 16.53% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

AssetMark Inc Concord, California $49B AUM 17.78% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $432B AUM 30.22% 1-Year Est. Return

Baird Financial Group Milwaukee, Wisconsin $64B AUM 22.64% 1-Year Est. Return

First Allied Asset Management's PZA Position: Q2 2015 in Review

First Allied Asset Management sold out of Invesco National AMT-Free Municipal Bond ETF (PZA) in Q2 2015, closing a stake of 244,215 shares — an estimated $6.24M sold.

First Allied Asset Management first reported a position in PZA in Q2 2013 and held it in 8 quarters. The position peaked at $6.62M in Q3 2014. 80 funds tracked by Wall St. Rank hold PZA as of Q2 2015.

First Allied Asset Management reported no remaining Invesco National AMT-Free Municipal Bond ETF position as of Q2 2015 after selling out during the quarter.
First Allied Asset Management sold 244,215 Invesco National AMT-Free Municipal Bond ETF shares in Q2 2015, an estimated $6.24M.
First Allied Asset Management first reported a position in Invesco National AMT-Free Municipal Bond ETF in Q2 2013 and held it in 8 quarters.
First Allied Asset Management's Invesco National AMT-Free Municipal Bond ETF position peaked at $6.62M in Q3 2014.
80 funds tracked by Wall St. Rank held Invesco National AMT-Free Municipal Bond ETF as of Q2 2015.

Based on First Allied Asset Management's 13F filing for Q2 2015.