Rowland Carmichael Advisors’s Vanguard Small-Cap Value ETF VBR Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-648	Closed	-$83K	–	372
2019 Q3	$83K	Hold	648	–	–	0.03%	295
2019 Q2	$85K	Sell	648 -166	-20%	-$21.6K	0.03%	275
2019 Q1	$105K	Sell	814 -626	-43%	-$79.6K	0.04%	265
2018 Q4	$164K	Sell	1,440 -2,247	-61%	-$284K	0.07%	228
2018 Q3	$514K	Buy	3,687 +552	+18%	+$77.4K	0.2%	133
2018 Q2	$426K	Buy	3,135 +1,341	+75%	+$180K	0.18%	154
2018 Q1	$232K	Buy	1,794 +634	+55%	+$84K	0.13%	219
2017 Q4	$154K	Sell	1,160 -546	-32%	-$71.1K	0.08%	261
2017 Q3	$218K	Buy	1,706 +465	+37%	+$57.3K	0.12%	219
2017 Q2	$153K	Buy	1,241 +630	+103%	+$77K	0.09%	232
2017 Q1	$75K	Sell	611 -2,756	-82%	-$339K	0.05%	244
2016 Q4	$407K	Buy	+3,367	New	+$386K	0.24%	129
2016 Q2	–	Sell	-68	Closed	-$7K	–	312
2016 Q1	$7K	Buy	+68	New	+$6.4K	0.01%	199