USCA RIA’s Arrow Financial AROW Stock Holding History

USCA RIA’s Portfolio AROW Stock Details AROW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2013 Q4	–	Sell	-21,044	Closed	-$405K	–	255
2013 Q3	$405K	Sell	21,044 -10,977	-34%	-$213K	0.18%	146
2013 Q2	$590K	Buy	+32,021	New	+$583K	0.3%	92

Other funds holding AROW

Arrow Financial Glens Falls, New York $994M AUM 17.21% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

WTNA

Wilmington Trust National Association Wilmington, Delaware $2.9B AUM 20.69% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

USCA RIA's AROW Position: Q4 2013 in Review

USCA RIA sold out of Arrow Financial (AROW) in Q4 2013, closing a stake of 21,044 shares — an estimated $405K sold.

USCA RIA first reported a position in AROW in Q2 2013 and held it in 2 quarters. The position peaked at $590K in Q2 2013. 69 funds tracked by Wall St. Rank hold AROW as of Q4 2013.

USCA RIA reported no remaining Arrow Financial position as of Q4 2013 after selling out during the quarter.
USCA RIA sold 21,044 Arrow Financial shares in Q4 2013, an estimated $405K.
USCA RIA first reported a position in Arrow Financial in Q2 2013 and held it in 2 quarters.
USCA RIA's Arrow Financial position peaked at $590K in Q2 2013.
69 funds tracked by Wall St. Rank held Arrow Financial as of Q4 2013.

Based on USCA RIA's 13F filing for Q4 2013, filed 5 Feb 2014.