WP GLIMCHER IN

CUSIP: 92939N102 Class: COMMON STOCK

Arrow Investment Advisors, LLC's Holding History (CIK: 0001378410)

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

Q2 2016
Shares 64,785 Value ($000) $725 Avg Close — Range —
Q1 2016
Shares 55,966 Value ($000) $531 Avg Close — Range —