Forte Capital’s VanEck Short Muni ETF SMB Stock Holding History

Forte Capital’s Portfolio SMB Stock Details SMB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-14,485	Closed	-$253K	–	153
2015 Q3	$253K	Sell	14,485 -5,750	-28%	-$100K	0.12%	135
2015 Q2	$352K	Hold	20,235	–	–	0.15%	126
2015 Q1	$355K	Hold	20,235	–	–	0.15%	124
2014 Q4	$355K	Hold	20,235	–	–	0.15%	124
2014 Q3	$357K	Buy	+20,235	New	+$357K	0.16%	119

Other funds holding SMB

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

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

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

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

Natixis Advisors Boston, Massachusetts $71.9B AUM 28.03% 1-Year Est. Return

EWMCB

EisnerAmper Wealth Management Corporate Benefits Iselin, New Jersey $274M AUM 12.56% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

MMA

Miracle Mile Advisors Los Angeles, California $7.29B AUM 16.22% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

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

Forte Capital's SMB Position: Q4 2015 in Review

Forte Capital sold out of VanEck Short Muni ETF (SMB) in Q4 2015, closing a stake of 14,485 shares — an estimated $253K sold.

Forte Capital first reported a position in SMB in Q3 2014 and held it in 5 quarters. The position peaked at $357K in Q3 2014. 46 funds tracked by Wall St. Rank hold SMB as of Q4 2015.

Forte Capital reported no remaining VanEck Short Muni ETF position as of Q4 2015 after selling out during the quarter.
Forte Capital sold 14,485 VanEck Short Muni ETF shares in Q4 2015, an estimated $253K.
Forte Capital first reported a position in VanEck Short Muni ETF in Q3 2014 and held it in 5 quarters.
Forte Capital's VanEck Short Muni ETF position peaked at $357K in Q3 2014.
46 funds tracked by Wall St. Rank held VanEck Short Muni ETF as of Q4 2015.

Based on Forte Capital's 13F filing for Q4 2015, filed 20 Jan 2016.