Sage Advisory Services’s iShares Select U.S. REIT ETF ICF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-542,066	Closed	-$27M	–	27
2016 Q4	$27M	Buy	+542,066	New	+$27M	3.45%	11
2014 Q4	–	Sell	-574,752	Closed	-$24.3M	–	17
2014 Q3	$24.3M	Sell	574,752 -55,350	-9%	-$2.34M	3.33%	9
2014 Q2	$27.5M	Buy	+630,102	New	+$27.5M	3.43%	9