VANECK ETF TRUST

Ticker: SMB CUSIP: 92189F528 Class: VANECK SHRT MUNI

Adviser Investments LLC's Holding History (CIK: 0001544576)

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

Q4 2017
Shares 10,696 Value ($000) $184 Avg Close — Range —
Q3 2017
Shares 10,696 Value ($000) $188 Avg Close — Range —
Q2 2017
Shares 13,095 Value ($000) $229 Avg Close — Range —
Q1 2017
Shares 13,095 Value ($000) $229 Avg Close — Range —