Salient Capital Advisors’s iShares National Muni Bond ETF MUB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q3	–	Sell	-70,237	Closed	-$7.74M	–	145
2017 Q2	$7.74M	Sell	70,237 -959	-1%	-$105K	0.15%	55
2017 Q1	$7.76M	Sell	71,196 -16,307	-19%	-$1.77M	0.14%	52
2016 Q4	$9.47M	Sell	87,503 -8,828	-9%	-$967K	0.18%	43
2016 Q3	$10.9M	Buy	96,331 +2,993	+3%	+$339K	0.22%	43
2016 Q2	$10.6M	Sell	93,338 -23,389	-20%	-$2.63M	0.24%	44
2016 Q1	$13M	Sell	116,727 -1,082	-0.9%	-$120K	0.37%	42
2015 Q4	$13M	Buy	117,809 +13,766	+13%	+$1.51M	0.35%	43
2015 Q3	$11.4M	Buy	104,043 +11,662	+13%	+$1.27M	0.28%	47
2015 Q2	$10M	Buy	92,381 +20,021	+28%	+$2.18M	0.18%	56
2015 Q1	$8M	Buy	72,360 +40,510	+127%	+$4.48M	0.15%	60
2014 Q4	$3.51M	Sell	31,850 -19,224	-38%	-$2.11M	0.07%	90
2014 Q3	$5.6M	Sell	51,074 -17,634	-26%	-$1.92M	0.1%	78
2014 Q2	$7.46M	Sell	68,708 -17,430	-20%	-$1.88M	0.16%	56
2014 Q1	$9.22M	Sell	86,138 -43,231	-33%	-$4.59M	0.25%	54
2013 Q4	$13.4M	Sell	129,369 -34,395	-21%	-$3.59M	0.42%	45
2013 Q3	$17.1M	Buy	163,764 +22,325	+16%	+$2.31M	0.72%	39
2013 Q2	$14.9M	Buy	+141,439	New	+$15.5M	0.68%	39