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Efficient Market Advisors, LLC
> VIG
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2017 | VANGUARD SPECIALIZED FUNDS | VIG | 6,290 | -220 | 566,000 | 11,000 | $89.98 |
| 12/31/2016 | VANGUARD SPECIALIZED FUNDS | VIG | 6,510 | -44 | 555,000 | 5,000 | $85.25 |
| 09/30/2016 | VANGUARD SPECIALIZED FUNDS | VIG | 6,554 | -787 | 550,000 | -61,000 | $83.92 |
| 06/30/2016 | VANGUARD SPECIALIZED FUNDS | VIG | 7,341 | 7,341 | 611,000 | 611,000 | $83.23 |
| 03/31/2016 | VANGUARD SPECIALIZED FUNDS | VIG | 6,553 | -26,272 | 532,000 | -1,753,000 | $81.18 |
| 12/31/2015 | VANGUARD SPECIALIZED FUNDS | VIG | 0 | -6,566 | 0 | -484,000 | |
| 09/30/2015 | VANGUARD SPECIALIZED FUNDS | VIG | 6,566 | -26,259 | 484,000 | -1,801,000 | $73.71 |
| 06/30/2015 | VANGUARD SPECIALIZED FUNDS | VIG | 6,524 | -26,301 | 513,000 | -1,772,000 | $78.63 |
| 03/31/2015 | VANGUARD SPECIALIZED FUNDS | VIG | 4,064 | -28,761 | 327,000 | -1,958,000 | $80.46 |
| 12/31/2014 | VANGUARD SPECIALIZED FUNDS | VIG | 4,063 | -28,762 | 330,000 | -1,955,000 | $81.22 |
| 09/30/2014 | VANGUARD SPECIALIZED FUNDS | VIG | 4,055 | -28,770 | 312,000 | -1,973,000 | $76.94 |
| 06/30/2014 | VANGUARD SPECIALIZED FUNDS | VIG | 4,053 | -28,772 | 316,000 | -1,969,000 | $77.97 |
| 03/31/2014 | VANGUARD SPECIALIZED FUNDS | VIG | 4,052 | -28,773 | 305,000 | -1,980,000 | $75.27 |
| 12/31/2013 | VANGUARD SPECIALIZED FUNDS | VIG | 4,568 | -28,257 | 344,000 | -1,941,000 | $75.31 |
| 09/30/2013 | VANGUARD SPECIALIZED FUNDS | VIG | 32,825 | 3,493 | 2,285,000 | 344,000 | $69.61 |
| 06/30/2013 | VANGUARD SPECIALIZED FUNDS | VIG | 29,332 | 1,093 | 1,941,000 | 259,000 | $66.17 |
| 03/31/2013 | VANGUARD SPECIALIZED FUNDS | VIG | 28,935 | 696 | 1,901,000 | 219,000 | $65.70 |
| 12/31/2012 | VANGUARD SPECIALIZED FUNDS | VIG | 28,239 | 1,750 | 1,682,000 | 101,000 | $59.56 |
| 09/30/2012 | VANGUARD SPECIALIZED FUNDS | VIG | 26,489 | -6,267 | 1,581,000 | -276,000 | $59.69 |
| 06/30/2012 | VANGUARD SPECIALIZED FUNDS | VIG | 32,756 | 3,570 | 1,857,000 | 148,000 | $56.69 |
| 03/31/2012 | VANGUARD SPECIALIZED FUNDS | VIG | 29,186 | -651 | 1,709,000 | 78,000 | $58.56 |
| 12/31/2011 | VANGUARD SPECIALIZED FUNDS | VIG | 29,837 | 1,748 | 1,631,000 | 261,000 | $54.66 |
| 09/30/2011 | VANGUARD SPECIALIZED FUNDS | VIG | 28,089 | 25,639 | 1,370,000 | 1,233,000 | $48.77 |
| 06/30/2011 | VANGUARD SPECIALIZED FUNDS | VIG | 2,450 | 220 | 137,000 | 13,000 | $55.92 |
| 03/31/2011 | VANGUARD SPECIALIZED FUNDS | VIG | 2,230 | 730 | 124,000 | 45,000 | $55.61 |
| 12/31/2010 | VANGUARD SPECIALIZED FUNDS | VIG | 1,500 | 1,500 | 79,000 | 79,000 | $52.67 |
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