Pinnacle Advisory Group’s ISHARES IBONDS SEP 2016 TERM MUNI BOND ETF IBME Stock Holding History

Pinnacle Advisory Group’s Portfolio IBME Stock Details IBME Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-9,240	Closed	-$245K	–	122
2015 Q3	$245K	Sell	9,240 -45	-0.5%	-$1.2K	0.03%	90
2015 Q2	$246K	Sell	9,285 -18,269	-66%	-$486K	0.02%	84
2015 Q1	$734K	Sell	27,554 -50,366	-65%	-$1.34M	0.07%	62
2014 Q4	$2.08M	Buy	+77,920	New	+$2.08M	0.19%	40

Other funds holding IBME

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

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

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

VCM

Vigilant Capital Management Portland, Maine $1.34B AUM 15.33% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

UCFA

United Capital Financial Advisors Irving, Texas $18.2B AUM 22.02% 1-Year Est. Return

SEIA

Signature Estate & Investment Advisors Los Angeles, California $5.56B AUM 26.66% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $424B AUM 22.96% 1-Year Est. Return

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

Pinnacle Advisory Group's IBME Position: Q4 2015 in Review

Pinnacle Advisory Group sold out of ISHARES IBONDS SEP 2016 TERM MUNI BOND ETF (IBME) in Q4 2015, closing a stake of 9,240 shares — an estimated $245K sold.

Pinnacle Advisory Group first reported a position in IBME in Q4 2014 and held it in 4 quarters. The position peaked at $2.08M in Q4 2014. 51 funds tracked by Wall St. Rank hold IBME as of Q4 2015.

Pinnacle Advisory Group reported no remaining ISHARES IBONDS SEP 2016 TERM MUNI BOND ETF position as of Q4 2015 after selling out during the quarter.
Pinnacle Advisory Group sold 9,240 ISHARES IBONDS SEP 2016 TERM MUNI BOND ETF shares in Q4 2015, an estimated $245K.
Pinnacle Advisory Group first reported a position in ISHARES IBONDS SEP 2016 TERM MUNI BOND ETF in Q4 2014 and held it in 4 quarters.
Pinnacle Advisory Group's ISHARES IBONDS SEP 2016 TERM MUNI BOND ETF position peaked at $2.08M in Q4 2014.
51 funds tracked by Wall St. Rank held ISHARES IBONDS SEP 2016 TERM MUNI BOND ETF as of Q4 2015.

Based on Pinnacle Advisory Group's 13F filing for Q4 2015, filed 8 Feb 2016.