MARKET VECTORS ETF TR

CUSIP: 57060U878 Class: HG YLD MUN ETF

Empirical Financial Services, LLC d.b.a. Empirical Wealth Management's Holding History (CIK: 0001510434)

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

Q1 2016
Shares 40,298 Value ($000) $1,263 Avg Close — Range —
Q4 2015
Shares 41,046 Value ($000) $1,268 Avg Close — Range —
Q3 2015
Shares 36,038 Value ($000) $1,102 Avg Close — Range —
Q2 2015
Shares 47,167 Value ($000) $1,410 Avg Close — Range —
Q1 2015
Shares 47,023 Value ($000) $1,474 Avg Close — Range —
Q4 2014
Shares 48,269 Value ($000) $1,489 Avg Close — Range —
Q3 2014
Shares 49,239 Value ($000) $1,514 Avg Close — Range —
Q2 2014
Shares 49,061 Value ($000) $1,480 Avg Close — Range —
Q1 2014
Shares 57,465 Value ($000) $1,698 Avg Close — Range —
Q4 2013
Shares 56,804 Value ($000) $1,605 Avg Close — Range —
Q3 2013
Shares 61,737 Value ($000) $1,804 Avg Close — Range —
Q2 2013
Shares 60,273 Value ($000) $1,844 Avg Close — Range —