SPDR SERIES TRUST

Ticker: BWZ CUSIP: 78464A334 Class: BLOOMBERG SHORT

Advisory Alpha, LLC's Holding History (CIK: 0001576762)

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

Q3 2016
Shares 3,899 Value ($000) $124 Avg Close — Range —
Q2 2016
Shares 3,651 Value ($000) $115 Avg Close — Range —
Q1 2016
Shares 3,591 Value ($000) $112 Avg Close — Range —
Q4 2015
Shares 3,282 Value ($000) $98 Avg Close — Range —
Q3 2015
Shares 3,100 Value ($000) $93 Avg Close — Range —
Q2 2015
Shares 2,350 Value ($000) $72 Avg Close — Range —
Q1 2015
Shares 3,282 Value ($000) $100 Avg Close — Range —
Q4 2014
Shares 2,703 Value ($000) $87 Avg Close — Range —
Q3 2014
Shares 1,378 Value ($000) $47 Avg Close — Range —
Q2 2014
Shares 1,475 Value ($000) $54 Avg Close — Range —
Q1 2014
Shares 1,551 Value ($000) $56 Avg Close — Range —
Q4 2013
Shares 1,842 Value ($000) $66 Avg Close — Range —