KCM Investment Advisors’s Vanguard Natural Resources LLC 7.625% Series B Cumulative Redeemable Perpetual Preferred Unit VNRBP Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-12,702	Closed	-$247K	–	546
2014 Q4	$247K	Sell	12,702 -2,360	-16%	-$45.9K	0.02%	459
2014 Q3	$373K	Sell	15,062 -200	-1%	-$4.95K	0.03%	375
2014 Q2	$379K	Sell	15,262 -2,863	-16%	-$71.1K	0.04%	365
2014 Q1	$444K	Buy	+18,125	New	+$444K	0.05%	308