NATURAL GROCERS BY VITAMIN C

Ticker: NGVC CUSIP: 63888U108 Class: Common Stock

GW&K Investment Management, LLC's Holding History (CIK: 0001082917)

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

Q2 2016

Shares 180,365 Value ($000) $2,354 Avg Close $10.55 Range $8.78 - $15.70

Q1 2016

Shares 339,151 Value ($000) $7,214 Avg Close $14.39 Range $11.86 - $16.03

Q4 2015

Shares 145,843 Value ($000) $2,971 Avg Close $15.86 Range $13.94 - $18.48

Q3 2015

Shares 144,653 Value ($000) $3,282 Avg Close $17.16 Range $14.17 - $20.49

Q2 2015

Shares 121,226 Value ($000) $2,985 Avg Close $18.31 Range $16.12 - $21.37

Q1 2015

Shares 114,575 Value ($000) $3,163 Avg Close $20.35 Range $17.75 - $25.01

Q4 2014

Shares 105,680 Value ($000) $2,977 Avg Close $14.86 Range $11.36 - $20.53

Q3 2014

Shares 69,774 Value ($000) $1,136 Avg Close $14.39 Range $11.44 - $17.35

Q2 2014

Shares 109,152 Value ($000) $2,337 Avg Close $19.64 Range $13.54 - $31.45

Q1 2014

Shares 89,865 Value ($000) $3,924 Avg Close $29.12 Range $23.95 - $31.88

Q4 2013

Shares 80,460 Value ($000) $3,416 Avg Close $27.51 Range $24.64 - $30.50

Q3 2013

Shares 67,974 Value ($000) $2,699 Avg Close $26.14 Range $20.90 - $30.63

Q2 2013

Shares 63,153 Value ($000) $1,958 Avg Close $19.35 Range $15.01 - $24.54

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	180,365	$2,354	$10.55	$8.78 - $15.70
Q1 2016	339,151	$7,214	$14.39	$11.86 - $16.03
Q4 2015	145,843	$2,971	$15.86	$13.94 - $18.48
Q3 2015	144,653	$3,282	$17.16	$14.17 - $20.49
Q2 2015	121,226	$2,985	$18.31	$16.12 - $21.37
Q1 2015	114,575	$3,163	$20.35	$17.75 - $25.01
Q4 2014	105,680	$2,977	$14.86	$11.36 - $20.53
Q3 2014	69,774	$1,136	$14.39	$11.44 - $17.35
Q2 2014	109,152	$2,337	$19.64	$13.54 - $31.45
Q1 2014	89,865	$3,924	$29.12	$23.95 - $31.88
Q4 2013	80,460	$3,416	$27.51	$24.64 - $30.50
Q3 2013	67,974	$2,699	$26.14	$20.90 - $30.63
Q2 2013	63,153	$1,958	$19.35	$15.01 - $24.54