AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Ironsides Asset Advisors, LLC's Holding History (CIK: 0001615135)

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

Q4 2016

Shares 7,250 Value ($000) $745 Avg Close $76.76 Range $70.20 - $85.82

Q3 2016

Shares 6,000 Value ($000) $529 Avg Close $74.09 Range $70.80 - $78.37

Q2 2016

Shares 6,000 Value ($000) $551 Avg Close $71.77 Range $68.45 - $75.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	7,250	$745	$76.76	$70.20 - $85.82
Q3 2016	6,000	$529	$74.09	$70.80 - $78.37
Q2 2016	6,000	$551	$71.77	$68.45 - $75.00