VANECK ETF TRUST

Ticker: GDX CUSIP: 92189F106 Class: GOLD MINERS ETF

CAPITAL MANAGEMENT ASSOCIATES /NY/'s Holding History (CIK: 0000825293)

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

Q4 2025
Shares 24,000 Value ($000) $2,058 Avg Close — Range —
Q3 2025
Shares 17,000 Value ($000) $1,299 Avg Close — Range —
Q2 2025
Shares 17,000 Value ($000) $885 Avg Close — Range —
Q4 2023
Shares 35,000 Value ($000) $1,085 Avg Close — Range —
Q3 2023
Shares 35,000 Value ($000) $1 Avg Close — Range —
Q2 2023
Shares 55,000 Value ($000) $1,656 Avg Close — Range —
Q1 2023
Shares 46,000 Value ($000) $1,488 Avg Close — Range —
Q4 2022
Shares 14,000 Value ($000) $401 Avg Close — Range —
Q1 2022
Shares 40,500 Value ($000) $1,553 Avg Close — Range —
Q4 2021
Shares 11,500 Value ($000) $368 Avg Close — Range —
Q3 2021
Shares 11,500 Value ($000) $339 Avg Close — Range —
Q2 2021
Shares 22,500 Value ($000) $765 Avg Close — Range —
Q1 2021
Shares 22,500 Value ($000) $731 Avg Close — Range —
Q4 2020
Shares 22,500 Value ($000) $810 Avg Close — Range —
Q3 2020
Shares 32,000 Value ($000) $1,253 Avg Close — Range —
Q2 2020
Shares 32,000 Value ($000) $1,174 Avg Close — Range —
Q1 2020
Shares 32,000 Value ($000) $737 Avg Close — Range —