VANECK ETF TRUST

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

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

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

Q4 2020
Shares 10,126 Value ($000) $0 Avg Close — Range —
Q3 2020
Shares 10,126 Value ($000) $0 Avg Close — Range —
Q2 2020
Shares 12,626 Value ($000) $227 Avg Close — Range —
Q1 2020
Shares 12,626 Value ($000) $219 Avg Close — Range —
Q4 2019
Shares 16,441 Value ($000) $293 Avg Close — Range —
Q3 2019
Shares 20,652 Value ($000) $365 Avg Close — Range —
Q2 2019
Shares 21,252 Value ($000) $376 Avg Close — Range —
Q1 2019
Shares 34,331 Value ($000) $603 Avg Close — Range —
Q4 2018
Shares 34,958 Value ($000) $605 Avg Close — Range —