ISHARES TR

Ticker: IEI CUSIP: 464288661 Class: Fixed Income ETF

ASHFORD CAPITAL MANAGEMENT INC's Holding History (CIK: 0000897070)

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

Q4 2018

Shares 30,055 Value ($000) $3,649 Avg Close — Range —

Q3 2018

Shares 22,843 Value ($000) $2,720 Avg Close — Range —

Q2 2018

Shares 5,322 Value ($000) $639 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	30,055	$3,649	—	—
Q3 2018	22,843	$2,720	—	—
Q2 2018	5,322	$639	—	—