VANGUARD BD INDEX FDS

Ticker: BSV CUSIP: 921937827 Class: SHORT TRM BOND

Elm Partners Management LLC's Holding History (CIK: 0001743941)

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

Q2 2019

Shares 328,259 Value ($000) $26,435 Avg Close — Range —

Q1 2019

Shares 271,645 Value ($000) $21,620 Avg Close — Range —

Q4 2018

Shares 573,234 Value ($000) $44,987 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2019	328,259	$26,435	—	—
Q1 2019	271,645	$21,620	—	—
Q4 2018	573,234	$44,987	—	—