Ramsay Stattman Vela & Price’s State Street Materials Select Sector SPDR ETF XLB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-19,400	Closed	-$449K	–	61
2016 Q2	$449K	Hold	19,400	–	–	0.22%	47
2016 Q1	$435K	Hold	19,400	–	–	0.22%	47
2015 Q4	$421K	Hold	19,400	–	–	0.21%	49
2015 Q3	$387K	Hold	19,400	–	–	0.2%	52
2015 Q2	$469K	Hold	19,400	–	–	0.23%	50
2015 Q1	$473K	Hold	19,400	–	–	0.23%	49
2014 Q4	$471K	Hold	19,400	–	–	0.22%	50
2014 Q3	$481K	Hold	19,400	–	–	0.25%	41
2014 Q2	$482K	Hold	19,400	–	–	0.24%	42
2014 Q1	$459K	Hold	19,400	–	–	0.24%	41
2013 Q4	$448K	Hold	19,400	–	–	0.24%	41
2013 Q3	$407K	Hold	19,400	–	–	0.23%	41
2013 Q2	$372K	Buy	+19,400	New	+$384K	0.23%	42