Global Endowment Management’s Vanguard Long-Term Corporate Bond ETF VCLT Stock Holding History

Global Endowment Management’s Portfolio VCLT Stock Details VCLT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-11,000	Closed	-$1.04M	–	228
2016 Q2	$1.04M	Hold	11,000	–	–	0.22%	66
2016 Q1	$984K	Buy	11,000 +3,700	+51%	+$315K	0.21%	75
2015 Q4	$615K	Hold	7,300	–	–	0.11%	104
2015 Q3	$628K	Hold	7,300	–	–	0.09%	140
2015 Q2	$623K	Buy	+7,300	New	+$653K	0.09%	165

Other funds holding VCLT

WBI Investments Red Bank, New Jersey $403M AUM 42.23% 1-Year Est. Return

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

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

State of Tennessee, Department of Treasury Nashville, Tennessee $33.7B AUM 43.08% 1-Year Est. Return

USAA

United Services Automobile Association San Antonio, Texas $1.24B AUM 2.91% 1-Year Est. Return

NYLIM

New York Life Investment Management New York $14.3B AUM 34.42% 1-Year Est. Return

Stifel Financial St. Louis, Missouri $120B AUM 27.84% 1-Year Est. Return

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

DDSF

Diana Davis Spencer Foundation Bethesda, Maryland $55.2M AUM 10.14% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $1.28T AUM 58.89% 1-Year Est. Return

Global Endowment Management's VCLT Position: Q3 2016 in Review

Global Endowment Management sold out of Vanguard Long-Term Corporate Bond ETF (VCLT) in Q3 2016, closing a stake of 11,000 shares — an estimated $1.04M sold.

Global Endowment Management first reported a position in VCLT in Q2 2015 and held it in 5 quarters. The position peaked at $1.04M in Q2 2016. 100 funds tracked by Wall St. Rank hold VCLT as of Q3 2016.

Global Endowment Management reported no remaining Vanguard Long-Term Corporate Bond ETF position as of Q3 2016 after selling out during the quarter.
Global Endowment Management sold 11,000 Vanguard Long-Term Corporate Bond ETF shares in Q3 2016, an estimated $1.04M.
Global Endowment Management first reported a position in Vanguard Long-Term Corporate Bond ETF in Q2 2015 and held it in 5 quarters.
Global Endowment Management's Vanguard Long-Term Corporate Bond ETF position peaked at $1.04M in Q2 2016.
100 funds tracked by Wall St. Rank held Vanguard Long-Term Corporate Bond ETF as of Q3 2016.

Based on Global Endowment Management's 13F filing for Q3 2016, filed 10 Nov 2016.