VANECK ETF TRUST

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

Kovack Advisors, Inc.'s Holding History (CIK: 0001728321)

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

Q4 2025

Shares 10,206 Value ($000) $145 Avg Close — Range —

Q3 2023

Shares 10,612 Value ($000) $170 Avg Close — Range —

Q2 2023

Shares 10,408 Value ($000) $160 Avg Close — Range —

Q1 2023

Shares 10,508 Value ($000) $156 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,206	$145	—	—
Q3 2023	10,612	$170	—	—
Q2 2023	10,408	$160	—	—
Q1 2023	10,508	$156	—	—