Independent Portfolio Consultants’s VanEck Emerging Markets High Yield Bond ETF HYEM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-24,655	Closed	-$629K	–	885
2014 Q3	$629K	Buy	24,655 +1,315	+6%	+$33.5K	0.17%	177
2014 Q2	$616K	Buy	23,340 +510	+2%	+$13.5K	0.17%	177
2014 Q1	$587K	Buy	+22,830	New	+$587K	0.19%	173