VANGUARD WORLD FDS

Ticker: VCR CUSIP: 92204A108 Class: CONSUM DIS ETF

CUMBERLAND ADVISORS INC's Holding History (CIK: 0001255435)

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

Q4 2017

Shares 6,290 Value ($000) $981 Avg Close — Range —

Q3 2017

Shares 6,880 Value ($000) $986 Avg Close — Range —

Q2 2017

Shares 6,960 Value ($000) $988 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	6,290	$981	—	—
Q3 2017	6,880	$986	—	—
Q2 2017	6,960	$988	—	—