VANGUARD SPECIALIZED FUNDS

Ticker: VIG CUSIP: 921908844 Class: DIV APP ETF

Baker Ellis Asset Management LLC's Holding History (CIK: 0001365559)

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

Q1 2016
Shares 5,165 Value ($000) $420 Avg Close — Range —
Q4 2015
Shares 11,563 Value ($000) $899 Avg Close — Range —
Q3 2015
Shares 12,403 Value ($000) $915 Avg Close — Range —
Q2 2015
Shares 18,009 Value ($000) $1,415 Avg Close — Range —
Q1 2015
Shares 19,230 Value ($000) $1,547 Avg Close — Range —
Q4 2014
Shares 19,350 Value ($000) $1,570 Avg Close — Range —