MERCHANTS BANCORP IND

Ticker: MBIN CUSIP: 58844R108 Class: Common Stock

Advisor Resource Council's Holding History (CIK: 0001820879)

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

Q1 2025

Shares 23,876 Value ($000) $830 Avg Close $39.01 Range $33.76 - $43.31

Q4 2023

Shares 25,271 Value ($000) $1,076 Avg Close $32.15 Range $25.21 - $43.00

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2025	23,876	$830	$39.01	$33.76 - $43.31
Q4 2023	25,271	$1,076	$32.15	$25.21 - $43.00