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NATIONAL PENN INVESTORS TRUST CO
> VEA
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2016 | VANGUARD TAX-MANAGED FUNDS | VEA | 19,232 | 13,890 | 690,000 | 479,000 | $35.88 |
| 12/31/2015 | VANGUARD TAX-MANAGED FUNDS | VEA | 19,232 | 13,890 | 706,000 | 495,000 | $36.71 |
| 09/30/2015 | VANGUARD TAX-MANAGED FUNDS | VEA | 19,232 | 13,890 | 685,000 | 474,000 | $35.62 |
| 06/30/2015 | VANGUARD TAX-MANAGED FUNDS | VEA | 19,308 | 13,966 | 766,000 | 555,000 | $39.67 |
| 03/31/2015 | VANGUARD TAX-MANAGED FUNDS | VEA | 19,813 | 14,471 | 789,000 | 578,000 | $39.82 |
| 03/31/2014 | VANGUARD TAX-MANAGED FUNDS | VEA | 0 | -5,342 | 0 | -211,000 | |
| 12/31/2013 | VANGUARD TAX-MANAGED FUNDS | VEA | 0 | -5,342 | 0 | -211,000 | |
| 09/30/2013 | VANGUARD TAX-MANAGED FUNDS | VEA | 5,342 | 5,342 | 211,000 | 211,000 | $39.50 |
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