VANGUARD SPECIALIZED FUNDS

Ticker: VIG CUSIP: 921908844 Class: DIV APP ETF

CAMBRIDGE ASSOCIATES LLC /MA/ /ADV's Holding History (CIK: 0000733986)

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

Q1 2017
Shares 12,930 Value ($000) $1,163 Avg Close — Range —
Q4 2016
Shares 26,710 Value ($000) $2,275 Avg Close — Range —