Relative Value Partners’s Vanguard FTSE Emerging Markets ETF VWO Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-6,598	Closed	-$265K	–	103
2013 Q3	$265K	Buy	6,598 +224	+4%	+$9K	0.04%	73
2013 Q2	$247K	Buy	+6,374	New	+$247K	0.04%	77