FIDELITY COVINGTON TRUST

Ticker: FREL CUSIP: 316092857 Class: MSCI RL EST ETF

Garde Capital, Inc.'s Holding History (CIK: 0001616328)

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

Q3 2017

Shares 9,207 Value ($000) $223 Avg Close — Range —

Q2 2017

Shares 9,207 Value ($000) $223 Avg Close — Range —

Q1 2017

Shares 9,207 Value ($000) $220 Avg Close — Range —

Q4 2016

Shares 9,207 Value ($000) $216 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2017	9,207	$223	—	—
Q2 2017	9,207	$223	—	—
Q1 2017	9,207	$220	—	—
Q4 2016	9,207	$216	—	—