Farmers & Merchants Trust Co of Chambersburg PA
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 23, 2024), Farmers & Merchants Trust Co of Chambersburg PA reported 388 stock positions worth $247.7 million. Its top holding was Vanguard Intermediate-Term B (BIV) at 6.8% of the portfolio, followed by Nvidia (NVDA, 2.9%) and iShares 20+ Year Treasury BD (TLT, 2.8%). Compared with Q1 2024, it opened 13 new positions, sold out of 57, added to 72 and reduced 99. The biggest buy was RTX (RTX, shares +1092%) and the biggest sale United Parcel Service Class B (UPS, shares −87%).
- Most Recent 13F
- Q2 2026
- Location
- CHAMBERSBURG, PA
- CIK
- 0001697375
- Portfolio Value
- $247.7M (Q2 2024)
- SEC Filing
- 0001697375-24-000003 ↗ filed Jul 23, 2024
Holdings Value
Holdings 388 stocks · $247.7M
| BIV Vanguard Intermediate-Term B | 6.77% | 223,812 | $16.8M | Add +3.9% |
| NVDA Nvidia Corp. | 2.88% | 57,775 | $7.1M | Reduce -0.5% |
| TLT iShares 20+ Year Treasury BD | 2.82% | 76,187 | $7.0M | Add +3.7% |
| FENI Fidelity Enhanced Intl ETF | 2.59% | 226,171 | $6.4M | Reduce -0.2% |
| MSFT Microsoft Corp. | 2.38% | 13,206 | $5.9M | Reduce -3.8% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 2.26% | 37,254 | $5.6M | Add +1.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.20% | 29,800 | $5.4M | Add +1.0% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 2.17% | 21,472 | $5.4M | Add +1.1% |
| EFV iShares MSCI Eafe Value ETF | 2.12% | 98,894 | $5.2M | Add +0.7% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 2.09% | 22,522 | $5.2M | Add +1.1% |
| CVX Chevron Corp. | 1.85% | 29,351 | $4.6M | Reduce -1.5% |
| WMT Walmart Inc. | 1.74% | 63,616 | $4.3M | Reduce -0.7% |
| GLD SPDR Gold Shares | 1.69% | 19,511 | $4.2M | Add +0.4% |
| JPM JPMorgan Chase & Co. | 1.69% | 20,680 | $4.2M | Reduce -1.4% |
| QCOM Qualcomm Inc. | 1.66% | 20,662 | $4.1M | Reduce -1.1% |
| JNJ Johnson & Johnson | 1.55% | 26,335 | $3.8M | Add +0.8% |
| AAPL Apple Inc. | 1.55% | 18,217 | $3.8M | Add +3.7% |
| AVGO Broadcom Inc. | 1.52% | 2,344 | $3.8M | Reduce -2.4% |
| PEP Pepsico Inc. | 1.52% | 22,799 | $3.8M | Reduce -4.1% |
| GOOGL Alphabet Inc. Class A | 1.45% | 19,760 | $3.6M | Reduce -2.4% |
| VCIT Vanguard Int-Term Corporate | 1.45% | 44,792 | $3.6M | Add +4.7% |
| SJNK SS SPDR BB St Hi Yield ETF | 1.43% | 141,683 | $3.5M | Add +3.8% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.43% | 38,454 | $3.5M | Add +4.2% |
| V Visa Inc. Class A | 1.40% | 13,229 | $3.5M | Reduce -0.2% |
| DKS Dick's Sporting Goods Inc. | 1.40% | 16,126 | $3.5M | Add +0.8% |
| ABBV Abbvie Inc. | 1.35% | 19,527 | $3.3M | Add +61.0% |
| XLE SS Energy Select Sector | 1.31% | 35,518 | $3.2M | Reduce -0.1% |
| AMZN Amazon.com Inc. | 1.18% | 15,080 | $2.9M | Reduce -0.3% |
| XLI SS Industrial Select Sector | 1.17% | 23,760 | $2.9M | Add +10.1% |
| XLF SS Financial Select Sector | 1.15% | 68,996 | $2.8M | Reduce -0.2% |
| XLP SS Consumer Staples Sel Sect | 1.11% | 35,886 | $2.7M | Reduce -0.8% |
| NVO Novo-Nordisk A/S-Spons ADR | 1.07% | 18,513 | $2.6M | Reduce -0.5% |
| XLK SS Technology Select Sector | 1.07% | 11,659 | $2.6M | Add +2.9% |
| XLRE SS Real Estate Select Sector | 1.06% | 68,575 | $2.6M | Reduce -1.4% |
| ORCL Oracle Corp. | 1.05% | 18,466 | $2.6M | Reduce -0.4% |
| ETN Eaton Corp. PLC | 1.03% | 8,099 | $2.5M | Reduce -3.7% |
| APD Air Products & Chemicals Inc. | 1.01% | 9,698 | $2.5M | Reduce -0.1% |
| XLV SS Health Care Select Sector | 1.01% | 17,159 | $2.5M | Add +0.6% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.00% | 36,392 | $2.5M | Reduce -0.2% |
| JEPI JPMorgan Equity Premium Inco | 0.91% | 39,961 | $2.3M | Reduce -0.0% |
| TRV The Travelers Cos Inc. | 0.91% | 11,109 | $2.3M | Add +0.2% |
| NUE Nucor Corp. | 0.91% | 14,281 | $2.3M | Reduce -5.2% |
| RTX RTX Corp. | 0.89% | 22,040 | $2.2M | Add +1092.0% |
| ELV Elevance Health Inc. | 0.87% | 3,965 | $2.1M | Add +0.3% |
| XLY SS Consumer Disc Select Sect | 0.86% | 11,702 | $2.1M | Add +1.2% |
| PG The Procter & Gamble Co. | 0.85% | 12,777 | $2.1M | Reduce -2.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.80% | 25,536 | $2.0M | Add +3.2% |
| IEF iShares 7-10 Year Treasury B | 0.76% | 20,098 | $1.9M | Add +11.5% |
| COST Costco Wholesale Corp. | 0.75% | 2,175 | $1.8M | Add +0.1% |
| MET Metlife Inc. | 0.75% | 26,332 | $1.8M | Add +2.4% |
| VLO Valero Energy Corp. | 0.74% | 11,644 | $1.8M | Reduce -1.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.73% | 3,340 | $1.8M | Reduce -10.8% |
| DON Wisdomtree US Midcap Dividen | 0.71% | 37,760 | $1.8M | Reduce -0.3% |
| NOC Northrop Grumman Corp. | 0.69% | 3,922 | $1.7M | Add +0.9% |
| XLC SS Comm Select Sector SPDR | 0.67% | 19,472 | $1.7M | Add +0.6% |
| ICE Intercontinental Exchange Inc. | 0.67% | 12,071 | $1.7M | Add +0.5% |
| PPL PPL Corp. | 0.66% | 59,341 | $1.6M | Reduce -1.2% |
| EFA iShares MSCI Eafe ETF | 0.61% | 19,186 | $1.5M | Add +13.1% |
| NEE Nextera Energy Inc. | 0.59% | 20,699 | $1.5M | Reduce -2.3% |
| SO The Southern Co. | 0.53% | 16,876 | $1.3M | Add +0.1% |
| PEG Public Service Enterprise GP | 0.51% | 17,064 | $1.3M | Reduce -2.4% |
| JCI Johnson Controls Internation | 0.51% | 18,887 | $1.3M | Reduce -0.4% |
| XTL SS SPDR S&P Telecom ETF | 0.48% | 15,277 | $1.2M | Reduce -0.0% |
| XOM Exxon Mobil Corp. | 0.46% | 9,934 | $1.1M | Reduce -2.1% |
| GIS General Mills Inc. | 0.45% | 17,696 | $1.1M | Reduce -1.6% |
| BLK BlackRock Finance Inc. | 0.45% | 1,408 | $1.1M | Reduce -0.7% |
| AMAT Applied Materials Inc. | 0.44% | 4,590 | $1.1M | Reduce -2.6% |
| XLB SS Materials Select Sector | 0.42% | 11,814 | $1.0M | Add +0.8% |
| DGS Wisdomtree Em Small Cap | 0.36% | 17,175 | $883K | Reduce -1.4% |
| PSX Phillips 66 | 0.35% | 6,098 | $861K | Add +4.6% |
| MRK Merck & Co. Inc. | 0.33% | 6,680 | $827K | Add +4.4% |
| KO The Coca-Cola Co. | 0.32% | 12,528 | $797K | Add +4.9% |
| IWF iShares Russell 1000 Growth | 0.31% | 2,106 | $768K | Add +1168.7% |
| MDT Medtronic PLC | 0.30% | 9,305 | $732K | Reduce -2.4% |
| CCI Crown Castle Inc. | 0.29% | 7,241 | $707K | Reduce -13.3% |
| FMC FMC Corp. | 0.26% | 11,384 | $655K | Reduce -3.8% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.26% | 13,015 | $634K | Add +2.2% |
| LLY Eli Lilly & Co. | 0.22% | 601 | $544K | No change |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.22% | 6,794 | $544K | Add +3.0% |
| IWR iShares Russell Mid-Cap ETF | 0.21% | 6,396 | $519K | No change |
| META Meta Platforms Inc. Class A | 0.21% | 1,010 | $509K | Add +11.0% |
| HD Home Depot Inc. | 0.20% | 1,451 | $499K | Add +3.9% |
| CVS CVS Health Corp. | 0.20% | 8,414 | $497K | Reduce -71.9% |
| WM Waste Management Inc. | 0.19% | 2,245 | $479K | Reduce -6.0% |
| IWD iShares Russell 1000 Value E | 0.18% | 2,514 | $439K | New |
| ABT Abbott Laboratories | 0.17% | 4,002 | $416K | Reduce -8.4% |
| QRVO Qorvo Inc. | 0.16% | 3,347 | $388K | No change |
| LOW Lowe's Cos Inc. | 0.16% | 1,744 | $384K | Add +1.0% |
| FRAF Franklin Financial Services | 0.15% | 13,285 | $376K | Add +44.5% |
| UPS United Parcel Service Class B | 0.15% | 2,706 | $370K | Reduce -86.6% |
| MPC Marathon Petroleum Corp. | 0.15% | 2,087 | $362K | Add +3.6% |
| IVV iShares Core S&P 500 ETF | 0.14% | 635 | $347K | No change |
| CEG Constellation Energy | 0.14% | 1,725 | $345K | Reduce -4.2% |
| IWP iShares Russell Mid-Cap Grow | 0.12% | 2,769 | $306K | Add +1.5% |
| KMB Kimberly-Clark Corp. | 0.12% | 2,198 | $304K | No change |
| ITOT iShares Core S&P Total U.S. | 0.12% | 2,540 | $302K | No change |
| MA Mastercard Inc. Class A | 0.12% | 682 | $301K | Add +105.4% |
| UNH Unitedhealth Group Inc. | 0.12% | 588 | $299K | Add +4.4% |
| PM Philip Morris International | 0.12% | 2,925 | $296K | Reduce -8.1% |
| NSC Norfolk Southern Corp. | 0.12% | 1,350 | $290K | Reduce -4.4% |
Portfolio Sells Q1 2024 → Q2 2024
| UPS United Parcel Service Class B | Reduce -86.6% | 0.15% | −1.08 |
| CVS CVS Health Corp. | Reduce -71.9% | 0.20% | −0.78 |
| NUE Nucor Corp. | Reduce -5.2% | 0.91% | −0.31 |
| PEP Pepsico Inc. | Reduce -4.1% | 1.52% | −0.19 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -55.8% | 0.11% | −0.15 |
| V Visa Inc. Class A | Reduce -0.2% | 1.40% | −0.12 |
| VLO Valero Energy Corp. | Reduce -1.5% | 0.74% | −0.09 |
| CCI Crown Castle Inc. | Reduce -13.3% | 0.29% | −0.08 |
| CVX Chevron Corp. | Reduce -1.5% | 1.85% | −0.07 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -10.8% | 0.73% | −0.07 |
| XLE SS Energy Select Sector | Reduce -0.1% | 1.31% | −0.07 |
| FENI Fidelity Enhanced Intl ETF | Reduce -0.2% | 2.59% | −0.07 |
| GIS General Mills Inc. | Reduce -1.6% | 0.45% | −0.06 |
| XLRE SS Real Estate Select Sector | Reduce -1.4% | 1.06% | −0.06 |
| ETN Eaton Corp. PLC | Reduce -3.7% | 1.03% | −0.05 |
| XLF SS Financial Select Sector | Reduce -0.2% | 1.15% | −0.05 |
| MDT Medtronic PLC | Reduce -2.4% | 0.30% | −0.05 |
| FMC FMC Corp. | Reduce -3.8% | 0.26% | −0.04 |
| DON Wisdomtree US Midcap Dividen | Reduce -0.3% | 0.71% | −0.04 |
| BLK BlackRock Finance Inc. | Reduce -0.7% | 0.45% | −0.04 |
| ABT Abbott Laboratories | Reduce -8.4% | 0.17% | −0.04 |
| JEPI JPMorgan Equity Premium Inco | Reduce -0.0% | 0.91% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -1.4% | 1.69% | −0.03 |
| NSC Norfolk Southern Corp. | Reduce -4.4% | 0.12% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -2.8% | 0.85% | −0.02 |
| XLP SS Consumer Staples Sel Sect | Reduce -0.8% | 1.11% | −0.02 |
| COP Conocophillips | Reduce -5.8% | 0.11% | −0.02 |
| DHR Danaher Corp. | Reduce -25.0% | 0.06% | −0.02 |
| XOM Exxon Mobil Corp. | Reduce -2.1% | 0.46% | −0.02 |
| EXC Exelon Corp. | Reduce -9.5% | 0.09% | −0.02 |
| EMR Emerson Electric Co. | Reduce -80.0% | 0.00% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -20.5% | 0.04% | −0.02 |
| UNP Union Pacific Corp. | Reduce -11.5% | 0.07% | −0.02 |
| BABA Alibaba Group Holding-SP ADR | Reduce -22.2% | 0.05% | −0.02 |
| IBM Intl Business Machines Corp. | Reduce -3.2% | 0.10% | −0.02 |
| SYY Sysco Corp. | Reduce -4.8% | 0.07% | −0.02 |
| PPL PPL Corp. | Reduce -1.2% | 0.66% | −0.02 |
| WM Waste Management Inc. | Reduce -6.0% | 0.19% | −0.02 |
| ACN Accenture PLC Class A | Reduce -2.8% | 0.07% | −0.01 |
| CSCO Cisco Systems Inc. | Reduce -13.4% | 0.06% | −0.01 |
| ADP Automatic Data Processing | Reduce -38.8% | 0.02% | −0.01 |
| MCD McDonald's Corp. | Reduce -4.8% | 0.07% | −0.01 |
| XEL Xcel Energy Inc. | Reduce -27.3% | 0.03% | −0.01 |
| LUV Southwest Airlines Co. | Reduce -39.5% | 0.01% | −0.01 |
| EQIX Equinix Inc. | Reduce -2.3% | 0.08% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -11.8% | 0.04% | −0.01 |
| NKE Nike Inc. Class B | Reduce -27.1% | 0.01% | −0.01 |
| SBUX Starbucks Corp. | Reduce -5.8% | 0.03% | −0.01 |
| ADM Archer-Daniels-Midland Co. | Reduce -82.2% | 0.00% | −0.01 |
| KEY Keycorp | Sold out | 0.00% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| RTX RTX Corp. | Add +1092.0% | 0.89% | +0.82 |
| ABBV Abbvie Inc. | Add +61.0% | 1.35% | +0.45 |
| AAPL Apple Inc. | Add +3.7% | 1.55% | +0.31 |
| IWF iShares Russell 1000 Growth | Add +1168.7% | 0.31% | +0.29 |
| IWD iShares Russell 1000 Value E | New | 0.18% | +0.18 |
| BIV Vanguard Intermediate-Term B | Add +3.9% | 6.77% | +0.11 |
| XLK SS Technology Select Sector | Add +2.9% | 1.07% | +0.10 |
| COST Costco Wholesale Corp. | Add +0.1% | 0.75% | +0.09 |
| IWO iShares Russell 2000 Growth | Add +277.7% | 0.08% | +0.06 |
| IEF iShares 7-10 Year Treasury B | Add +11.5% | 0.76% | +0.06 |
| PECO Phillips Edison & Company Inc. | New | 0.06% | +0.06 |
| MA Mastercard Inc. Class A | Add +105.4% | 0.12% | +0.06 |
| XLI SS Industrial Select Sector | Add +10.1% | 1.17% | +0.05 |
| GLD SPDR Gold Shares | Add +0.4% | 1.69% | +0.05 |
| VMC Vulcan Materials Co. | Add +122.6% | 0.11% | +0.05 |
| FRAF Franklin Financial Services | Add +44.5% | 0.15% | +0.05 |
| EFA iShares MSCI Eafe ETF | Add +13.1% | 0.61% | +0.05 |
| AGG iShares Core U.S. Aggregate | Add +337.5% | 0.06% | +0.05 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +4.2% | 1.43% | +0.04 |
| IWN iShares Russell 2000 Value E | New | 0.03% | +0.03 |
| VCIT Vanguard Int-Term Corporate | Add +4.7% | 1.45% | +0.03 |
| SO The Southern Co. | Add +0.1% | 0.53% | +0.03 |
| ELV Elevance Health Inc. | Add +0.3% | 0.87% | +0.03 |
| XLC SS Comm Select Sector SPDR | Add +0.6% | 0.67% | +0.03 |
| META Meta Platforms Inc. Class A | Add +11.0% | 0.21% | +0.02 |
| KO The Coca-Cola Co. | Add +4.9% | 0.32% | +0.02 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +3.0% | 0.22% | +0.02 |
| KRG Kite Realty Group Trust | New | 0.02% | +0.02 |
| ADSK Autodesk Inc. | New | 0.02% | +0.02 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +3.8% | 1.43% | +0.02 |
| FULT Fulton Financial Corp. | New | 0.02% | +0.02 |
| DPZ Domino's Pizza Inc. | New | 0.02% | +0.02 |
| SHEL Shell PLC-ADR | Add +52.7% | 0.04% | +0.01 |
| BA The Boeing Co. | Add +51.8% | 0.05% | +0.01 |
| UBER Uber Technologies Inc. | Add +100.0% | 0.03% | +0.01 |
| GILD Gilead Sciences Inc. | New | 0.01% | +0.01 |
| KHC The Kraft Heinz Co. | New | 0.01% | +0.01 |
| PCAR Paccar Inc. | Add +1250.0% | 0.01% | +0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +3.2% | 0.80% | +0.01 |
| CARR Carrier Global Corp. | Add +7.3% | 0.09% | +0.01 |
| DLR Digital Realty Trust Inc. | Add +8.1% | 0.10% | +0.01 |
| HSY The Hershey Co. | Add +28.6% | 0.07% | +0.01 |
| RWO State Street SPDR Dow Jones | New | 0.01% | +0.01 |
| TFC Truist Financial Corp. | Add +44.7% | 0.03% | +0.01 |
| ADI Analog Devices Inc. | Add +13.3% | 0.04% | +0.01 |
| VZ Verizon Communications Inc. | Add +16.9% | 0.08% | +0.01 |
| KGC Kinross Gold Corp. | New | 0.01% | +0.01 |
| DOW Dow Inc. | Add +119.5% | 0.01% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +4.4% | 0.12% | +0.01 |
| SNY Sanofi-ADR | Add +43.9% | 0.02% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 358 | $394.0M | BIV, TLT, VBK, VBR, EFV |
| Q1 2026Amended | 335 | $367.5M | BIV, TLT, VBR, VBK, EFV |
| Q4 2025 | 333 | $357.2M | BIV, TLT, EFV, VBR, VOE |
| Q3 2025 | 333 | $354.0M | BIV, TLT, EFV, VBR, VOE |
| Q2 2025 | 339 | $319.7M | BIV, TLT, FENI, VBR, VOE |
| Q1 2025 | 405 | $282.4M | BIV, TLT, FENI, VBR, VOE |
| Q4 2024 | 385 | $264.4M | BIV, TLT, VBR, FENI, VBK |
| Q3 2024 | 378 | $259.7M | BIV, TLT, FENI, NVDA, VOE |
| Q2 2024 | 388 | $247.7M | BIV, NVDA, TLT, FENI, MSFT |
| Q1 2024 | 432 | $243.8M | BIV, TLT, FENI, MSFT, VOE |