VANGUARD ADMIRAL FDS INC

Ticker: VIOV CUSIP: 921932778 Class: SMLCP 600 VAL

Advisory Alpha, LLC's Holding History (CIK: 0001576762)

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

Q1 2020

Shares 650 Value ($000) $58,007 Avg Close — Range —

Q4 2019

Shares 702 Value ($000) $96,500 Avg Close — Range —

Q3 2019

Shares 699 Value ($000) $87,130 Avg Close — Range —

Q1 2019

Shares 693 Value ($000) $90,909 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	650	$58,007	—	—
Q4 2019	702	$96,500	—	—
Q3 2019	699	$87,130	—	—
Q1 2019	693	$90,909	—	—