Preheat the oven to 300°F and line a sheet pan with parchment paper.
In a small bowl, whisk together the olive oil, cinnamon, and vanilla extract.
In a larger bowl, combine the pecans, cashews, and shredded wheat.
Pour the vanilla oil mixture over the nut and wheat mixture. Toss until all ingredients are evenly coated.
Spread the coated mixture onto the prepared sheet pan in a single, even layer.
Bake for 10 minutes, or until the shredded wheat is lightly browned and the nuts are fragrant.
Remove from the oven and allow the mixture to cool completely before serving.
