VANECK ETF TRUST

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

KG&L Capital Management,LLC's Holding History (CIK: 0001771687)

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

Q4 2025
Shares 5,386 Value ($000) $462 Avg Close — Range —
Q3 2025
Shares 4,826 Value ($000) $369 Avg Close — Range —