ISHARES TR

Ticker: BYLD CUSIP: 46434V787 Class: YLD OPTIM BD

Valmark Advisers, Inc.'s Holding History (CIK: 0001380443)

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

Q4 2025

Shares 22,201 Value ($000) $506 Avg Close — Range —

Q3 2025

Shares 16,609 Value ($000) $381 Avg Close — Range —

Q2 2025

Shares 12,677 Value ($000) $287 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	22,201	$506	—	—
Q3 2025	16,609	$381	—	—
Q2 2025	12,677	$287	—	—