STAR BULK CARRIERS CORP.

Ticker: SBLK CUSIP: Y8162K204 Class: Common Stock

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

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

Q3 2025

Shares 12,360 Value ($000) $230 Avg Close $18.84 Range $16.91 - $19.99

Q2 2025

Shares 13,209 Value ($000) $228 Avg Close $15.55 Range $12.06 - $17.60

Q2 2023

Shares 10,007 Value ($000) $177 Avg Close $19.25 Range $16.98 - $22.53

Q1 2023

Shares 10,007 Value ($000) $211 Avg Close $21.86 Range $18.19 - $25.03

Q4 2022

Shares 11,094 Value ($000) $213 Avg Close $19.47 Range $17.05 - $21.90

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	12,360	$230	$18.84	$16.91 - $19.99
Q2 2025	13,209	$228	$15.55	$12.06 - $17.60
Q2 2023	10,007	$177	$19.25	$16.98 - $22.53
Q1 2023	10,007	$211	$21.86	$18.19 - $25.03
Q4 2022	11,094	$213	$19.47	$17.05 - $21.90