Grey Owl Capital Management’s SPDR Nuveen ICE Municipal Bond ETF TFI Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q3	$1.93M	Buy	40,115 +5,530	+16%	+$266K	2.43%	15
2014 Q2	$1.64M	Sell	34,585 -2,080	-6%	-$98.5K	1.8%	20
2014 Q1	$1.71M	Sell	36,665 -1,170	-3%	-$54.4K	1.96%	16
2013 Q4	$1.71M	Buy	+37,835	New	+$1.71M	2.24%	16