ALTRIA GROUP INC

Ticker: MO CUSIP: 02209S103 Class: COM

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

Note: Option positions (PUT/CALL) are excluded.

Q1 2020

Shares 26,770 Value ($000) $1,035 Avg Close $27.56 Range $19.18 - $32.09

Q4 2019

Shares 26,470 Value ($000) $1,321 Avg Close $28.79 Range $24.45 - $31.53

Q3 2019

Shares 26,260 Value ($000) $1,074 Avg Close $27.60 Range $23.96 - $31.37

Q2 2019

Shares 25,960 Value ($000) $1,229 Avg Close $30.92 Range $28.30 - $34.08

Q1 2019

Shares 78,110 Value ($000) $4,486 Avg Close $29.72 Range $24.61 - $33.86

Q4 2018

Shares 103,290 Value ($000) $5,101 Avg Close $33.13 Range $26.99 - $37.71

Q2 2018

Shares 99,540 Value ($000) $5,653 Avg Close $32.20 Range $30.03 - $36.10

Q1 2018

Shares 95,560 Value ($000) $5,956 Avg Close $36.57 Range $32.90 - $39.60

Q4 2017

Shares 95,560 Value ($000) $6,824 Avg Close $36.64 Range $34.04 - $40.63

Q3 2017

Shares 87,850 Value ($000) $5,571 Avg Close $36.09 Range $32.43 - $40.52

Q2 2017

Shares 101,220 Value ($000) $7,537 Avg Close $39.29 Range $37.41 - $42.04

Q1 2017

Shares 103,340 Value ($000) $7,380 Avg Close $38.56 Range $35.76 - $40.94

Q4 2016

Shares 102,990 Value ($000) $6,965 Avg Close $33.98 Range $32.05 - $36.18

Q3 2016

Shares 99,350 Value ($000) $6,282 Avg Close $34.76 Range $32.92 - $36.62

Q2 2016

Shares 99,200 Value ($000) $6,896 Avg Close $33.21 Range $30.78 - $36.15

Q1 2016

Shares 77,740 Value ($000) $4,914 Avg Close $31.08 Range $28.80 - $32.61

Q4 2015

Shares 76,770 Value ($000) $4,512 Avg Close $29.47 Range $27.26 - $31.36

Q3 2015

Shares 76,330 Value ($000) $4,197 Avg Close $27.01 Range $23.82 - $28.33

Q2 2015

Shares 78,370 Value ($000) $3,833 Avg Close $25.26 Range $23.75 - $26.35

Q1 2015

Shares 58,400 Value ($000) $2,957 Avg Close $26.19 Range $23.88 - $27.91

Q4 2014

Shares 68,800 Value ($000) $3,426 Avg Close $23.76 Range $21.72 - $25.17

Q3 2014

Shares 68,800 Value ($000) $3,196 Avg Close $20.68 Range $19.38 - $22.51

Q2 2014

Shares 68,200 Value ($000) $2,893 Avg Close $19.20 Range $17.67 - $20.88

Q1 2014

Shares 68,200 Value ($000) $2,553 Avg Close $17.12 Range $15.88 - $18.03

Q4 2013

Shares 67,000 Value ($000) $2,572 Avg Close $17.15 Range $15.88 - $18.10

Q3 2013

Shares 67,000 Value ($000) $2,301 Avg Close $16.17 Range $15.16 - $17.15

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	26,770	$1,035	$27.56	$19.18 - $32.09
Q4 2019	26,470	$1,321	$28.79	$24.45 - $31.53
Q3 2019	26,260	$1,074	$27.60	$23.96 - $31.37
Q2 2019	25,960	$1,229	$30.92	$28.30 - $34.08
Q1 2019	78,110	$4,486	$29.72	$24.61 - $33.86
Q4 2018	103,290	$5,101	$33.13	$26.99 - $37.71
Q2 2018	99,540	$5,653	$32.20	$30.03 - $36.10
Q1 2018	95,560	$5,956	$36.57	$32.90 - $39.60
Q4 2017	95,560	$6,824	$36.64	$34.04 - $40.63
Q3 2017	87,850	$5,571	$36.09	$32.43 - $40.52
Q2 2017	101,220	$7,537	$39.29	$37.41 - $42.04
Q1 2017	103,340	$7,380	$38.56	$35.76 - $40.94
Q4 2016	102,990	$6,965	$33.98	$32.05 - $36.18
Q3 2016	99,350	$6,282	$34.76	$32.92 - $36.62
Q2 2016	99,200	$6,896	$33.21	$30.78 - $36.15
Q1 2016	77,740	$4,914	$31.08	$28.80 - $32.61
Q4 2015	76,770	$4,512	$29.47	$27.26 - $31.36
Q3 2015	76,330	$4,197	$27.01	$23.82 - $28.33
Q2 2015	78,370	$3,833	$25.26	$23.75 - $26.35
Q1 2015	58,400	$2,957	$26.19	$23.88 - $27.91
Q4 2014	68,800	$3,426	$23.76	$21.72 - $25.17
Q3 2014	68,800	$3,196	$20.68	$19.38 - $22.51
Q2 2014	68,200	$2,893	$19.20	$17.67 - $20.88
Q1 2014	68,200	$2,553	$17.12	$15.88 - $18.03
Q4 2013	67,000	$2,572	$17.15	$15.88 - $18.10
Q3 2013	67,000	$2,301	$16.17	$15.16 - $17.15