VANECK ETF TRUST

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

Cairn Investment Group, Inc.'s Holding History (CIK: 0001800358)

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

Q4 2025
Shares 102,285 Value ($000) $9 Avg Close — Range —
Q3 2025
Shares 152,200 Value ($000) $12 Avg Close — Range —
Q2 2025
Shares 156,755 Value ($000) $8 Avg Close — Range —
Q1 2025
Shares 159,805 Value ($000) $7 Avg Close — Range —
Q4 2024
Shares 161,730 Value ($000) $5 Avg Close — Range —
Q3 2024
Shares 162,125 Value ($000) $6 Avg Close — Range —
Q2 2024
Shares 16,310 Value ($000) $6 Avg Close — Range —
Q1 2024
Shares 163,990 Value ($000) $5 Avg Close — Range —