VANGUARD SPECIALIZED FUNDS

Ticker: VIG CUSIP: 921908844 Class: DIV APP ETF

Virtus ETF Advisers LLC's Holding History (CIK: 0001587281)

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

Q1 2017
Shares 12,404 Value ($000) $1,116 Avg Close — Range —
Q4 2016
Shares 13,488 Value ($000) $1,149 Avg Close — Range —