VANGUARD TAX-MANAGED FDS

Ticker: VEA CUSIP: 921943858 Class: Exchange Traded Fund

Sage Advisory Services, Ltd.Co.'s Holding History (CIK: 0001534378)

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

Q1 2019
Shares 605,763 Value ($000) $24,751 Avg Close — Range —
Q4 2018
Shares 595,138 Value ($000) $22,080 Avg Close — Range —
Q3 2018
Shares 554,872 Value ($000) $24,009 Avg Close — Range —
Q2 2018
Shares 342,873 Value ($000) $14,696 Avg Close — Range —
Q1 2018
Shares 375,458 Value ($000) $16,610 Avg Close — Range —
Q4 2017
Shares 275,425 Value ($000) $12,361 Avg Close — Range —