VANGUARD INDEX FDS

Ticker: VNQ CUSIP: 922908553 Class: REAL ESTATE ETF

FWL INVESTMENT MANAGEMENT, LLC's Holding History (CIK: 0001829231)

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

Q4 2025

Shares 200 Value ($000) $18 Avg Close — Range —

Q3 2025

Shares 200 Value ($000) $18 Avg Close — Range —

Q2 2025

Shares 200 Value ($000) $18 Avg Close — Range —

Q3 2024

Shares 188 Value ($000) $18 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	200	$18	—	—
Q3 2025	200	$18	—	—
Q2 2025	200	$18	—	—
Q3 2024	188	$18	—	—