ARROW ETF TR

Ticker: GYLD CUSIP: 04273H104 Class: ARROW DJ GLB YLD

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (3)

Regal Investment Advisors LLC
Value ($000) $319 Shares 23,663
PFS Partners, LLC
Value ($000) $10 Shares 721
BANK OF AMERICA CORP /DE/
Value ($000) $0 Shares 1

Increased Positions (2)

LPL Financial LLC
Value ($000) $2,793 (+19.0%) Shares 207,047 (+17.8%)
OSAIC HOLDINGS, INC.
Value ($000) $758 (+19.2%) Shares 56,158 (+18.4%)

Decreased Positions (6)

Sequent Planning LLC
Value ($000) $202 (-8.9%) Shares 14,955 (-9.8%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $338 (-25.1%) Shares 25,026 (-25.9%)
Prospera Financial Services Inc
Value ($000) $188 (-13.2%) Shares 13,960 (-14.1%)
RAYMOND JAMES FINANCIAL INC
Value ($000) $319 (-3.3%) Shares 23,646 (-4.3%)
MORGAN STANLEY
Value ($000) $32 (-13.5%) Shares 2,352 (-14.4%)
Cambridge Investment Research Advisors, Inc.
Value ($000) $1 (-56.1%) Shares 44,597 (-56.6%)

Exited Positions (2)

Cetera Investment Advisers
Value ($000) $431 Shares 32,309
JANE STREET GROUP, LLC
Value ($000) $337 Shares 25,213