SPDR SER TR

Ticker: QUS CUSIP: 78468R812 Class: MSCI USA STRTGIC

Brown Financial Advisory's Holding History (CIK: 0001843853)

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

Q4 2025

Shares 1,501 Value ($000) $261 Avg Close — Range —

Q3 2025

Shares 1,501 Value ($000) $257 Avg Close — Range —

Q2 2025

Shares 1,720 Value ($000) $281 Avg Close — Range —

Q1 2025

Shares 1,720 Value ($000) $270 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	1,501	$261	—	—
Q3 2025	1,501	$257	—	—
Q2 2025	1,720	$281	—	—
Q1 2025	1,720	$270	—	—