ISHARES TR

Ticker: TLT CUSIP: 464287432 Class: 20 YR TR BD ETF

Tanglewood Wealth Management, Inc.'s Holding History (CIK: 0001454308)

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

Q4 2013

Shares 65,648 Value ($000) $7,880 Avg Close — Range —

Q3 2013

Shares 58,882 Value ($000) $6,265 Avg Close — Range —

Q2 2013

Shares 27,450 Value ($000) $3,031 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	65,648	$7,880	—	—
Q3 2013	58,882	$6,265	—	—
Q2 2013	27,450	$3,031	—	—