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OARSMAN CAPITAL, INC.
> SMD
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | SPDR SERIES TRUST | SMD | 28,337 | 28,337 | 1,300,395,000 | 1,300,395,000 | $45,890.36 |
| 06/30/2022 | SPDR SERIES TRUST | SMD | 0 | -6,440 | 0 | -304,000 | |
| 03/31/2022 | SPDR SERIES TRUST | SMD | 6,440 | -32,485 | 304,000 | -1,632,000 | $47.20 |
| 12/31/2021 | SPDR SERIES TRUST | SMD | 38,925 | 1,159 | 1,936,000 | 193,000 | $49.74 |
| 09/30/2021 | SPDR SERIES TRUST | SMD | 37,766 | 1,186 | 1,743,000 | 16,000 | $46.15 |
| 06/30/2021 | SPDR SERIES TRUST | SMD | 36,580 | 1,778 | 1,727,000 | 134,000 | $47.21 |
| 03/31/2021 | SPDR SERIES TRUST | SMD | 34,802 | -26,365 | 1,593,000 | -878,000 | $45.77 |
| 12/31/2020 | SPDR SERIES TRUST | SMD | 61,167 | -102 | 2,471,000 | 472,000 | $40.40 |
| 09/30/2020 | SPDR SERIES TRUST | SMD | 61,269 | 1,230 | 1,999,000 | 123,000 | $32.63 |
| 06/30/2020 | SPDR SERIES TRUST | SMD | 60,039 | 11,817 | 1,876,000 | 655,000 | $31.25 |
| 03/31/2020 | SPDR SERIES TRUST | SMD | 48,222 | -7,218 | 1,221,000 | -788,000 | $25.32 |
| 12/31/2019 | SPDR SERIES TRUST | SMD | 55,440 | 2,012 | 2,009,000 | 198,000 | $36.24 |
| 09/30/2019 | SPDR SERIES TRUST | SMD | 53,428 | 2,115 | 1,811,000 | 63,000 | $33.90 |
| 06/30/2019 | SPDR SERIES TRUST | SMD | 51,313 | 1,824 | 1,748,000 | 99,000 | $34.07 |
| 03/31/2019 | SPDR SERIES TRUST | SMD | 49,489 | 2,667 | 1,649,000 | 271,000 | $33.32 |
| 12/31/2018 | SPDR SERIES TRUST | SMD | 46,822 | 1,782 | 1,378,000 | -250,000 | $29.43 |
| 09/30/2018 | SPDR SERIES TRUST | SMD | 45,040 | 1,361 | 1,628,000 | 104,000 | $36.15 |
| 06/30/2018 | SPDR SERIES TRUST | SMD | 43,679 | 3,583 | 1,524,000 | 194,000 | $34.89 |
| 03/31/2018 | SPDR SERIES TRUST | SMD | 40,096 | 3,807 | 1,330,000 | 119,000 | $33.17 |
| 12/31/2017 | SPDR SERIES TRUST | SMD | 36,289 | 36,289 | 1,211,000 | 1,211,000 | $33.37 |
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