Spruce Investment Advisors’s iShares 7-10 Year Treasury Bond ETF IEF Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-98,391	Closed	-$10.4M	–	34
2015 Q4	$10.4M	Sell	98,391 -321	-0.3%	-$33.9K	7.69%	2
2015 Q3	$10.6M	Buy	+98,712	New	+$10.6M	3.28%	13