VANECK ETF TRUST

Ticker: SMH CUSIP: 92189F676 Class: ETF

Cheviot Value Management, LLC's Holding History (CIK: 0001427147)

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

Q4 2025
Shares 4,100 Value ($000) $1,708 Avg Close — Range —
Q3 2025
Shares 4,100 Value ($000) $1,489 Avg Close — Range —
Q2 2025
Shares 4,100 Value ($000) $1,203 Avg Close — Range —
Q1 2025
Shares 4,100 Value ($000) $892 Avg Close — Range —