Farmers & Merchants Trust Co of Chambersburg PA

In its 13F for Q2 2026 (holdings as of June 30, 2026, filed July 24, 2026), Farmers & Merchants Trust Co of Chambersburg PA reported 358 stock positions worth $394.0 million. Its top holding was Vanguard Intermediate-Term B (BIV) at 9.8% of the portfolio, followed by iShares 20+ Year Treasury BD (TLT, 5.3%) and Van Morst SML-Cap Gro-Usd (VBK, 3.6%). Compared with Q1 2026, it opened 38 new positions, sold out of 15, added to 53 and reduced 74. The biggest buy was Van Morst SML-Cap Gro-Usd (VBK, shares +1%) and the biggest sale Chevron (CVX, shares −0%).

Most Recent 13F
Q2 2026
Location
CHAMBERSBURG, PA
CIK
0001697375
Portfolio Value
$394.0M (Q2 2026)
SEC Filing
0001697375-26-000006 ↗ filed Jul 24, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $243.8M Q1 2024 Q2 2024: $247.7M Q2 2024 Q3 2024: $259.7M Q3 2024 Q4 2024: $264.4M Q4 2024 Q1 2025: $282.4M Q1 2025 Q2 2025: $319.7M Q2 2025 Q3 2025: $354.0M Q3 2025 Q4 2025: $357.2M Q4 2025 Q1 2026: $367.5M Q1 2026 Q2 2026: $394.0M $394.0M Q2 2026

Holdings 358 stocks · $394.0M

BIV Vanguard Intermediate-Term B 9.77% 501,701 $38.5M Add +1.9%
TLT iShares 20+ Year Treasury BD 5.30% 241,494 $20.9M Add +2.3%
VBK Van Morst SML-Cap Gro-Usd Inc. 3.62% 38,990 $14.3M Add +1.4%
VBR Vngrd Mrngst SL-CP Val ETF-U 3.54% 57,438 $14.0M Add +1.5%
EFV iShares MSCI Eafe Value ETF 3.02% 155,426 $11.9M Add +1.5%
VOE Vngrd Mrngstr MD-Cap Val ETF 2.98% 59,325 $11.7M Add +1.4%
FENI Fidelity Enhanced Intl ETF 2.53% 248,587 $10.0M Reduce -0.9%
NVDA Nvidia Corp. 2.22% 43,659 $8.7M Add +0.6%
VOT Vngrd Mrngstr MC GRW ETF-Usd 2.21% 28,441 $8.7M Reduce -1.1%
VCIT Vanguard Int-Term Corporate 2.19% 104,323 $8.6M Add +1.8%
BIL SS SPDR BB 1-3M T-Bill ETF 2.18% 93,521 $8.6M Add +1.2%
SJNK SS SPDR BB St Hi Yield ETF 2.11% 331,875 $8.3M Add +1.7%
GLD SPDR Gold Shares 1.99% 21,324 $7.9M Add +1.1%
XLK SS Technology Select Sector 1.94% 40,142 $7.6M Reduce -1.4%
SPYG SS SPDR P S&P 500 Growth ETF 1.68% 55,480 $6.6M Add +7.3%
SPYV SS SPDR P S&P 500 Value ETF 1.57% 101,806 $6.2M Add +8.7%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.47% 127,761 $5.8M Add +0.1%
GOOGL Alphabet Inc. Class A 1.42% 15,667 $5.6M Reduce -0.3%
JPM JPMorgan Chase & Co. 1.41% 17,021 $5.6M Reduce -3.1%
MSFT Microsoft Corp. 1.38% 14,544 $5.4M Reduce -1.9%
AVGO Broadcom Inc. 1.36% 14,212 $5.4M Reduce -4.6%
WMT Walmart Inc. 1.24% 43,110 $4.9M Reduce -0.0%
JNJ Johnson & Johnson 1.23% 19,075 $4.8M Reduce -2.1%
AAPL Apple Inc. 1.22% 16,585 $4.8M Add +1.0%
FLOT iShares Floating Rate Bond E 1.18% 91,436 $4.7M Add +11.2%
XLP SS Consumer Staples Sel Sect 1.18% 55,815 $4.6M Add +0.5%
ABBV Abbvie Inc. 1.17% 18,383 $4.6M Add +2.6%
VCSH Vanguard S/T Corp. Bond ETF 1.11% 55,207 $4.4M Add +2.1%
V Visa Inc. Class A 1.09% 12,562 $4.3M Reduce -0.3%
IEF iShares 7-10 Year Treasury B 1.05% 43,935 $4.2M Add +1.9%
XLF SS Financial Select Sector 1.04% 76,279 $4.1M Reduce -0.9%
CVX Chevron Corp. 0.97% 23,175 $3.8M Reduce -0.5%
GS Goldman Sachs Group Inc. 0.97% 3,781 $3.8M Add +0.2%
XLC SS Comm Select Sector SPDR 0.95% 34,766 $3.7M Reduce -0.4%
AMZN Amazon.com Inc. 0.94% 15,573 $3.7M Reduce -0.5%
RTX RTX Corp. 0.93% 19,395 $3.7M Reduce -0.4%
EFG iShares MSCI Eafe Growth ETF 0.90% 28,633 $3.6M Add +9.6%
DKS Dick's Sporting Goods Inc. 0.90% 15,647 $3.5M Add +0.2%
XLI SS Industrial Select Sector 0.89% 18,950 $3.5M Add +0.5%
IWP iShares Russell Mid-Cap Grow 0.86% 23,212 $3.4M Add +9.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.84% 11,819 $3.3M Reduce -5.5%
XLV SS Health Care Select Sector 0.84% 20,932 $3.3M Add +1.1%
XLRE SS Real Estate Select Sector 0.84% 75,289 $3.3M Add +0.6%
ORCL Oracle Corp. 0.84% 22,575 $3.3M Reduce -0.6%
TRV The Travelers Cos Inc. 0.77% 9,240 $3.0M Add +0.2%
DON Wisdomtree US Midcap Dividen 0.75% 51,966 $2.9M Add +2.9%
XLE SS Energy Select Sector 0.74% 54,618 $2.9M Add +0.9%
JEPI JPMorgan Equity Premium Inco 0.73% 51,240 $2.9M Add +3.9%
AMAT Applied Materials Inc. 0.73% 3,970 $2.9M Reduce -12.6%
IEMG iShares Core MSCI Emerging 0.71% 33,703 $2.8M Reduce -0.5%
MET Metlife Inc. 0.68% 31,815 $2.7M Reduce -1.9%
COST Costco Wholesale Corp. 0.67% 2,830 $2.6M Reduce -2.4%
SO The Southern Co. 0.66% 27,026 $2.6M Reduce -1.4%
XLY SS Consumer Disc Select Sect 0.64% 21,423 $2.5M Add +0.9%
EFA iShares MSCI Eafe ETF 0.62% 23,499 $2.4M Add +3.5%
XLB SS Materials Select Sector 0.59% 45,960 $2.3M Add +1.7%
XTL SS SPDR S&P Telecom ETF 0.55% 9,459 $2.2M Add +1.3%
ETN Eaton Corp. PLC 0.55% 5,047 $2.2M Reduce -2.0%
DGS Wisdomtree Em Small Cap 0.54% 32,753 $2.1M Add +3.4%
XOM Exxon Mobil Corp. 0.49% 13,986 $1.9M Reduce -2.1%
NUE Nucor Corp. 0.48% 8,540 $1.9M Reduce -17.1%
PPL PPL Corp. 0.45% 48,756 $1.8M Add +1.1%
QCOM Qualcomm Inc. 0.44% 9,433 $1.7M Reduce -0.0%
JCI Johnson Controls Internation 0.39% 10,603 $1.5M Reduce -0.0%
VLO Valero Energy Corp. 0.39% 5,897 $1.5M Add +2.0%
PG The Procter & Gamble Co. 0.38% 10,171 $1.5M Reduce -1.1%
AMD Advanced Micro Devices 0.36% 2,422 $1.4M No change
NEE Nextera Energy Inc. 0.34% 15,460 $1.4M Reduce -0.1%
BLK BlackRock Inc. 0.31% 1,253 $1.2M Add +2.1%
APD Air Products & Chemicals Inc. 0.30% 3,999 $1.2M Add +2.5%
SPY SS SPDR S&P 500 ETF Trust-US 0.29% 1,540 $1.1M Reduce -8.5%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.27% 13,156 $1.1M Add +11.3%
PEG Public Service Enterprise GP 0.26% 12,630 $1.0M Add +2.8%
KO The Coca-Cola Co. 0.21% 10,220 $831K Reduce -2.7%
IWF iShares Russell 1000 Growth 0.20% 6,484 $805K No change
MDT Medtronic PLC 0.18% 9,234 $722K Add +3.9%
MRK Merck & Co. Inc. 0.13% 3,988 $512K Reduce -4.8%
IWR iShares Russell Mid-Cap ETF 0.12% 4,186 $462K Reduce -10.9%
META Meta Platforms Inc. Class A 0.11% 765 $431K No change
PEP Pepsico Inc. 0.11% 3,152 $427K Reduce -10.1%
NSC Norfolk Southern Corp. 0.11% 1,350 $425K No change
LLY Eli Lilly & Co. 0.11% 346 $415K No change
WM Waste Management Inc. 0.10% 1,818 $405K Reduce -7.6%
IWD iShares Russell 1000 Value E 0.10% 1,664 $403K No change
MPC Marathon Petroleum Corp. 0.10% 1,493 $382K Reduce -7.7%
ABT Abbott Laboratories 0.10% 4,204 $381K Add +6.9%
CEG Constellation Energy 0.09% 1,439 $357K Reduce -2.6%
PM Philip Morris International 0.09% 1,950 $353K No change
GOOG Alphabet Inc. Class C 0.09% 995 $352K Reduce -5.0%
ANET Arista Networks Inc. 0.09% 2,000 $340K No change
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.09% 4,192 $338K No change
PSX Phillips 66 0.09% 1,984 $335K Reduce -6.3%
BNY Bank of New York Mellon Corp. 0.08% 2,265 $328K No change
HD Home Depot Inc. 0.08% 886 $312K No change
QRVO Qorvo Inc. 0.08% 3,247 $303K No change
CMI Cummins Inc. 0.07% 400 $285K No change
DLR Digital Realty Trust Inc. 0.07% 1,550 $278K No change
DUK Duke Energy Corp. 0.07% 2,117 $268K No change
LOW Lowe's Cos Inc. 0.06% 1,152 $254K No change
BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED 0.06% 3,000 $250K No change

Show all 358 holdings

Portfolio Sells Q1 2026 → Q2 2026

CVX Chevron Corp. Reduce -0.5% 0.97% −0.34
WMT Walmart Inc. Reduce -0.0% 1.24% −0.22
XOM Exxon Mobil Corp. Reduce -2.1% 0.49% −0.17
MSFT Microsoft Corp. Reduce -1.9% 1.38% −0.12
COST Costco Wholesale Corp. Reduce -2.4% 0.67% −0.11
XLC SS Comm Select Sector SPDR Reduce -0.4% 0.95% −0.11
RTX RTX Corp. Reduce -0.4% 0.93% −0.09
ORCL Oracle Corp. Reduce -0.6% 0.84% −0.07
JNJ Johnson & Johnson Reduce -2.1% 1.23% −0.07
SO The Southern Co. Reduce -1.4% 0.66% −0.06
STLD Steel Dynamics Inc. Reduce -85.5% 0.01% −0.06
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −0.06
NEE Nextera Energy Inc. Reduce -0.1% 0.34% −0.05
PEP Pepsico Inc. Reduce -10.1% 0.11% −0.04
GLW Corning Inc. Sold out 0.00% −0.03
PG The Procter & Gamble Co. Reduce -1.1% 0.38% −0.03
CEG Constellation Energy Reduce -2.6% 0.09% −0.02
WM Waste Management Inc. Reduce -7.6% 0.10% −0.02
PSX Phillips 66 Reduce -6.3% 0.09% −0.02
COP Conocophillips Reduce -1.6% 0.05% −0.02
INTU Intuit Inc. Sold out 0.00% −0.02
VZ Verizon Communications Inc. Reduce -12.6% 0.04% −0.02
XNQPX Nuveen Pa QLTY Muni Inc. Sold out 0.00% −0.02
INTC Intel Corp. Reduce -86.3% 0.01% −0.01
TSM Taiwan Semiconductor-SP ADR Reduce -90.4% 0.00% −0.01
AMGN Amgen Inc. Reduce -28.9% 0.03% −0.01
DHR Danaher Corp. Reduce -35.6% 0.02% −0.01
DRI Darden Restaurants Inc. Reduce -56.3% 0.01% −0.01
MPC Marathon Petroleum Corp. Reduce -7.7% 0.10% −0.01
PANW Palo Alto Networks Inc. Reduce -90.0% 0.00% −0.01
TSN Tyson Foods Inc. Class A Reduce -65.6% 0.00% −0.01
EXC Exelon Corp. Reduce -2.2% 0.06% −0.01
FENI Fidelity Enhanced Intl ETF Reduce -0.9% 2.53% −0.01
SDY SS SPDR S&P Dividend ETF Reduce -28.3% 0.02% −0.01
IJR iShares Core S&P Small-Cap E Reduce -19.9% 0.06% −0.01
PAYX Paychex Inc. Reduce -60.0% 0.01% −0.01
MRK Merck & Co. Inc. Reduce -4.8% 0.13% −0.01
IWR iShares Russell Mid-Cap ETF Reduce -10.9% 0.12% −0.01
KO The Coca-Cola Co. Reduce -2.7% 0.21% −0.01
TEL Te Connectivity PLC Reduce -64.3% 0.00% −0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -8.5% 0.29% −0.01
TFC Truist Financial Corp. Reduce -82.5% 0.00% −0.01
CSCO Cisco Systems Inc. Reduce -40.7% 0.03% −0.01
MXI iShares Global Materials ETF Reduce -39.6% 0.01% −0.01
SYY Sysco Corp. Reduce -18.7% 0.04% −0.01
OLLI Ollie's Bargain Outlet Holdi Sold out 0.00% −0.00
MA Mastercard Inc. Class A Reduce -18.5% 0.02% −0.00
VDE Vanguard Energy ETF Sold out 0.00% −0.00
MTB M & T Bank Corp. Reduce -41.8% 0.01% −0.00
XYL Xylem Inc. Sold out 0.00% −0.00

Portfolio Buys Q1 2026 → Q2 2026

VBK Van Morst SML-Cap Gro-Usd Inc. Add +1.4% 3.62% +0.46
SPYG SS SPDR P S&P 500 Growth ETF Add +7.3% 1.68% +0.30
VBR Vngrd Mrngst SL-CP Val ETF-U Add +1.5% 3.54% +0.20
NVDA Nvidia Corp. Add +0.6% 2.22% +0.16
SPYV SS SPDR P S&P 500 Value ETF Add +8.7% 1.57% +0.13
IWP iShares Russell Mid-Cap Grow Add +9.3% 0.86% +0.12
ABBV Abbvie Inc. Add +2.6% 1.17% +0.11
EFG iShares MSCI Eafe Growth ETF Add +9.6% 0.90% +0.11
GS Goldman Sachs Group Inc. Add +0.2% 0.97% +0.10
AAPL Apple Inc. Add +1.0% 1.22% +0.08
XTL SS SPDR S&P Telecom ETF Add +1.3% 0.55% +0.07
XLI SS Industrial Select Sector Add +0.5% 0.89% +0.06
DKS Dick's Sporting Goods Inc. Add +0.2% 0.90% +0.06
FLOT iShares Floating Rate Bond E Add +11.2% 1.18% +0.04
TRV The Travelers Cos Inc. Add +0.2% 0.77% +0.04
VOE Vngrd Mrngstr MD-Cap Val ETF Add +1.4% 2.98% +0.04
FRAF Franklin Financial Services Add +171.2% 0.05% +0.03
SPCX Space Exploration Techn Class A New 0.03% +0.03
DTE DTE Energy Company New 0.03% +0.03
DON Wisdomtree US Midcap Dividen Add +2.9% 0.75% +0.02
DGS Wisdomtree Em Small Cap Add +3.4% 0.54% +0.02
EFA iShares MSCI Eafe ETF Add +3.5% 0.62% +0.02
XLV SS Health Care Select Sector Add +1.1% 0.84% +0.02
NMZ Nuveen Muni Hi Inc. Opport New 0.02% +0.02
DTM DT Midstream Inc. New 0.01% +0.01
ORRF Orrstown Finl Services Inc. Add +18.9% 0.06% +0.01
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Add +11.3% 0.27% +0.01
XLRE SS Real Estate Select Sector Add +0.6% 0.84% +0.01
GEV GE Vernova Inc. New 0.01% +0.01
XLY SS Consumer Disc Select Sect Add +0.9% 0.64% +0.01
CSQ Calamos Strat TTL RTRN FND New 0.00% +0.00
B Barrick Mining Corp. New 0.00% +0.00
JEPQ JPM Nasdaq Equity Premium New 0.00% +0.00
TSLA Tesla Inc. Add +19.2% 0.02% +0.00
CFG Citizens Financial Group New 0.00% +0.00
RSP Invesco S&P 500 Equal Weight New 0.00% +0.00
CHW Calamos Global Dynamic Incom New 0.00% +0.00
QQQX Nuveen Nasdaq 100 DYN Overwr New 0.00% +0.00
AVLV Avantis US Large Cap Value New 0.00% +0.00
DYNF Ishrs US E F R A ETF-Usd Inc. New 0.00% +0.00
HBAN Huntington Bancshares Inc. New 0.00% +0.00
BALI Is US LRG CP Pre Inc. Act-Usd New 0.00% +0.00
DFP Flaherty & Crumrine DYN Pref New 0.00% +0.00
PAVE Global X US Infrastructure New 0.00% +0.00
BRK.B Berkshire Hathaway Inc. Class B Add +10.5% 0.03% +0.00
PLTR Palantir Technologies Inc. Class A Add +150.0% 0.00% +0.00
PHO Invesco Water Resources ETF New 0.00% +0.00
TINY Proshares Nanotechnology ETF New 0.00% +0.00
BE Bloom Energy Corp. Class A New 0.00% +0.00
ENS Enersys New 0.00% +0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 358$394.0MBIV, TLT, VBK, VBR, EFV
Q1 2026Amended 335$367.5MBIV, TLT, VBR, VBK, EFV
Q4 2025 333$357.2MBIV, TLT, EFV, VBR, VOE
Q3 2025 333$354.0MBIV, TLT, EFV, VBR, VOE
Q2 2025 339$319.7MBIV, TLT, FENI, VBR, VOE
Q1 2025 405$282.4MBIV, TLT, FENI, VBR, VOE
Q4 2024 385$264.4MBIV, TLT, VBR, FENI, VBK
Q3 2024 378$259.7MBIV, TLT, FENI, NVDA, VOE
Q2 2024 388$247.7MBIV, NVDA, TLT, FENI, MSFT
Q1 2024 432$243.8MBIV, TLT, FENI, MSFT, VOE