VANGUARD SCOTTSDALE FDS

Ticker: VCSH CUSIP: 92206C409 Class: SHRT TRM CORP BD

CONFLUENCE INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001442056)

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

Q4 2013
Shares 24,544 Value ($000) $1,958 Avg Close — Range —
Q3 2013
Shares 23,202 Value ($000) $1,847 Avg Close — Range —
Q2 2013
Shares 36,694 Value ($000) $2,903 Avg Close — Range —