VANDA PHARMACEUTICALS INC

Ticker: VNDA CUSIP: 921659108 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q4 2019

Shares 251,730 Value ($000) $4,131 Avg Close $15.12 Range $12.32 - $17.85

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	251,730	$4,131	$15.12	$12.32 - $17.85