VANECK ETF TRUST

Ticker: BIZD CUSIP: 92189F411 Class: BDC INCOME ETF

DENALI ADVISORS LLC's Holding History (CIK: 0001142941)

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

Q4 2025
Shares 28,158 Value ($000) $399 Avg Close — Range —
Q4 2024
Shares 157,066 Value ($000) $2,612 Avg Close — Range —