DONNELLEY R R & SONS CO

CUSIP: 257867200 Class: COM

Arrow Investment Advisors, LLC's Holding History (CIK: 0001378410)

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

Q1 2017
Shares 44,703 Value ($000) $541 Avg Close — Range —
Q4 2016
Shares 26,963 Value ($000) $440 Avg Close — Range —