VANGUARD MUN BD FDS

Ticker: VCRM CUSIP: 922907712 Class: CORE TAX EXEMPT

Brio Consultants, LLC's Holding History (CIK: 0001747799)

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

Q4 2025

Shares 37,978 Value ($000) $2,870 Avg Close — Range —

Q3 2025

Shares 33,087 Value ($000) $2,490 Avg Close — Range —

Q2 2025

Shares 31,281 Value ($000) $2,301 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	37,978	$2,870	—	—
Q3 2025	33,087	$2,490	—	—
Q2 2025	31,281	$2,301	—	—