Independent Portfolio Consultants’s AvalonBay Communities AVB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-14	Closed	-$2K	–	877
2015 Q1	$2K	Buy	+14	New	+$2K	﹤0.01%	846
2013 Q4	–	Sell	-2,945	Closed	-$374K	–	448
2013 Q3	$374K	Sell	2,945 -40	-1%	-$5.08K	0.15%	296
2013 Q2	$403K	Buy	+2,985	New	+$403K	0.18%	239