SPDR SERIES TRUST

CUSIP: 78464A318 Class: NUVN S&P VRDO MN

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

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

Q1 2014
Shares 12,785 Value ($000) $383 Avg Close — Range —
Q4 2013
Shares 16,313 Value ($000) $488 Avg Close — Range —
Q3 2013
Shares 20,267 Value ($000) $607 Avg Close — Range —
Q2 2013
Shares 40,402 Value ($000) $1,202 Avg Close — Range —