MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

Virtus ETF Advisers LLC's Holding History (CIK: 0001587281)

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

Q2 2025

Shares 902 Value ($000) $42 Avg Close $42.36 Range $36.85 - $47.07

Q1 2025

Shares 7,281 Value ($000) $316 Avg Close $45.00 Range $39.27 - $50.23

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2025	902	$42	$42.36	$36.85 - $47.07
Q1 2025	7,281	$316	$45.00	$39.27 - $50.23