SPDR S&P MIDCAP 400 ETF TR

Ticker: MDY CUSIP: 78467Y107 Class: Exchange Traded Fund

Sage Advisory Services, Ltd.Co.'s Holding History (CIK: 0001534378)

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

Q4 2017
Shares 103,714 Value ($000) $35,823 Avg Close — Range —
Q3 2017
Shares 165,062 Value ($000) $53,861 Avg Close — Range —
Q2 2017
Shares 191,068 Value ($000) $60,695 Avg Close — Range —
Q1 2017
Shares 90,033 Value ($000) $28,125 Avg Close — Range —
Q2 2014
Shares 425,377 Value ($000) $110,836 Avg Close — Range —
Q1 2014
Shares 466,762 Value ($000) $116,929 Avg Close — Range —
Q4 2013
Shares 487,906 Value ($000) $119,049 Avg Close — Range —
Q3 2013
Shares 486,231 Value ($000) $110,049 Avg Close — Range —