VANECK ETF TRUST

Ticker: HYD CUSIP: 92189H409 Class: HIGH YLD MUNIETF

MACKAY SHIELDS LLC's Holding History (CIK: 0000061227)

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

Q1 2020

Shares 102,200 Value ($000) $5,341 Avg Close — Range —

Q4 2019

Shares 30,954 Value ($000) $1,982 Avg Close — Range —

Q3 2019

Shares 30,954 Value ($000) $1,994 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	102,200	$5,341	—	—
Q4 2019	30,954	$1,982	—	—
Q3 2019	30,954	$1,994	—	—