VANECK ETF TRUST

Ticker: MORT CUSIP: 92189F452 Class: MORTGAGE REIT

Gladstone Institutional Advisory LLC's Holding History (CIK: 0001766530)

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

Q4 2023

Shares 13,320 Value ($000) $157 Avg Close — Range —

Q1 2023

Shares 25,405 Value ($000) $287 Avg Close — Range —

Q4 2022

Shares 16,019 Value ($000) $187 Avg Close — Range —

Q3 2022

Shares 10,551 Value ($000) $0 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2023	13,320	$157	—	—
Q1 2023	25,405	$287	—	—
Q4 2022	16,019	$187	—	—
Q3 2022	10,551	$0	—	—