VANECK ETF TRUST

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

FWL INVESTMENT MANAGEMENT, LLC's Holding History (CIK: 0001829231)

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

Q4 2025
Shares 250,389 Value ($000) $21,476 Avg Close — Range —
Q3 2025
Shares 263,603 Value ($000) $20,139 Avg Close — Range —
Q2 2025
Shares 253,245 Value ($000) $13,184 Avg Close — Range —
Q1 2025
Shares 284,206 Value ($000) $13,065 Avg Close — Range —
Q4 2024
Shares 336,262 Value ($000) $11,403 Avg Close — Range —
Q3 2024
Shares 323,962 Value ($000) $12,900 Avg Close — Range —
Q2 2024
Shares 331,134 Value ($000) $11,235 Avg Close — Range —
Q1 2024
Shares 312,549 Value ($000) $9,883 Avg Close — Range —
Q1 2023
Shares 5,000 Value ($000) $162 Avg Close — Range —
Q4 2022
Shares 6,630 Value ($000) $190 Avg Close — Range —
Q4 2020
Shares 8,243 Value ($000) $297 Avg Close — Range —