VANECK ETF TRUST

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

ALERUS FINANCIAL NA's Holding History (CIK: 0000919458)

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

Q4 2025
Shares 182 Value ($000) $16 Avg Close — Range —
Q3 2025
Shares 188 Value ($000) $14 Avg Close — Range —