VANECK ETF TRUST

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

CapWealth Advisors, LLC's Holding History (CIK: 0001531809)

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

Q3 2016

Shares 2,479 Value ($000) $66 Avg Close — Range —

Q2 2016

Shares 2,336 Value ($000) $65 Avg Close — Range —

Q1 2016

Shares 3,036 Value ($000) $61 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	2,479	$66	—	—
Q2 2016	2,336	$65	—	—
Q1 2016	3,036	$61	—	—