VANGUARD SCOTTSDALE FDS

Ticker: VCIT CUSIP: 92206C870 Class: Fixed Income ETF

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

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

Q2 2016
Shares 10,180 Value ($000) $910 Avg Close — Range —
Q1 2016
Shares 25,027 Value ($000) $2,176 Avg Close — Range —
Q4 2015
Shares 115,589 Value ($000) $9,720 Avg Close — Range —
Q3 2015
Shares 112,581 Value ($000) $9,618 Avg Close — Range —
Q2 2015
Shares 108,310 Value ($000) $9,239 Avg Close — Range —
Q1 2015
Shares 101,346 Value ($000) $8,888 Avg Close — Range —
Q4 2014
Shares 112,254 Value ($000) $9,665 Avg Close — Range —
Q3 2014
Shares 109,275 Value ($000) $9,373 Avg Close — Range —
Q2 2014
Shares 68,347 Value ($000) $5,916 Avg Close — Range —
Q1 2014
Shares 66,811 Value ($000) $5,678 Avg Close — Range —
Q4 2013
Shares 59,561 Value ($000) $4,926 Avg Close — Range —
Q3 2013
Shares 55,796 Value ($000) $4,655 Avg Close — Range —
Q2 2013
Shares 53,553 Value ($000) $4,446 Avg Close — Range —