Farmers & Merchants Trust Co of Chambersburg PA
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 18, 2024), Farmers & Merchants Trust Co of Chambersburg PA reported 378 stock positions worth $259.7 million. Its top holding was Vanguard Intermediate-Term B (BIV) at 7.7% of the portfolio, followed by iShares 20+ Year Treasury BD (TLT, 3.4%) and Fidelity Enhanced Intl ETF (FENI, 2.7%). Compared with Q2 2024, it opened 4 new positions, sold out of 14, added to 32 and reduced 109. The biggest buy was Vanguard Intermediate-Term B (BIV, shares +14%) and the biggest sale Chevron (CVX, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- CHAMBERSBURG, PA
- CIK
- 0001697375
- Portfolio Value
- $259.7M (Q3 2024)
- SEC Filing
- 0001697375-24-000006 ↗ filed Oct 18, 2024
Holdings Value
Holdings 378 stocks · $259.7M
| BIV Vanguard Intermediate-Term B | 7.69% | 254,753 | $20.0M | Add +13.8% |
| TLT iShares 20+ Year Treasury BD | 3.44% | 90,950 | $8.9M | Add +19.4% |
| FENI Fidelity Enhanced Intl ETF | 2.69% | 230,951 | $7.0M | Add +2.1% |
| NVDA Nvidia Corp. | 2.63% | 56,270 | $6.8M | Reduce -2.6% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 2.36% | 36,601 | $6.1M | Reduce -1.8% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 2.33% | 30,075 | $6.0M | Add +0.9% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 2.29% | 22,270 | $6.0M | Add +3.7% |
| EFV iShares MSCI Eafe Value ETF | 2.24% | 101,187 | $5.8M | Add +2.3% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 2.16% | 23,008 | $5.6M | Add +2.2% |
| MSFT Microsoft Corp. | 2.15% | 12,993 | $5.6M | Reduce -1.6% |
| WMT Walmart Inc. | 1.79% | 57,491 | $4.6M | Reduce -9.6% |
| VCIT Vanguard Int-Term Corporate | 1.70% | 52,746 | $4.4M | Add +17.8% |
| SJNK SS SPDR BB St Hi Yield ETF | 1.68% | 169,385 | $4.4M | Add +19.6% |
| GLD SPDR Gold Shares | 1.67% | 17,856 | $4.3M | Reduce -8.5% |
| JPM JPMorgan Chase & Co. | 1.65% | 20,378 | $4.3M | Reduce -1.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 1.65% | 46,775 | $4.3M | Add +21.6% |
| CVX Chevron Corp. | 1.52% | 26,802 | $3.9M | Reduce -8.7% |
| ABBV Abbvie Inc. | 1.49% | 19,643 | $3.9M | Add +0.6% |
| AAPL Apple Inc. | 1.49% | 16,634 | $3.9M | Reduce -8.7% |
| PEP Pepsico Inc. | 1.46% | 22,353 | $3.8M | Reduce -2.0% |
| JNJ Johnson & Johnson | 1.45% | 23,298 | $3.8M | Reduce -11.5% |
| AVGO Broadcom Inc. | 1.40% | 21,133 | $3.6M | Reduce -9.8% |
| V Visa Inc. Class A | 1.39% | 13,114 | $3.6M | Reduce -0.9% |
| QCOM Qualcomm Inc. | 1.34% | 20,478 | $3.5M | Reduce -0.9% |
| XLF SS Financial Select Sector | 1.26% | 72,426 | $3.3M | Add +5.0% |
| GOOGL Alphabet Inc. Class A | 1.25% | 19,498 | $3.2M | Reduce -1.3% |
| XLI SS Industrial Select Sector | 1.21% | 23,178 | $3.1M | Reduce -2.5% |
| DKS Dick's Sporting Goods Inc. | 1.21% | 15,018 | $3.1M | Reduce -6.9% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.16% | 37,223 | $3.0M | Add +2.3% |
| XLP SS Consumer Staples Sel Sect | 1.11% | 34,801 | $2.9M | Reduce -3.0% |
| XLRE SS Real Estate Select Sector | 1.11% | 64,606 | $2.9M | Reduce -5.8% |
| RTX RTX Corp. | 1.07% | 22,922 | $2.8M | Add +4.0% |
| ORCL Oracle Corp. | 1.07% | 16,244 | $2.8M | Reduce -12.0% |
| AMZN Amazon.com Inc. | 1.06% | 14,804 | $2.8M | Reduce -1.8% |
| XLE SS Energy Select Sector | 1.06% | 31,239 | $2.7M | Reduce -12.1% |
| XLK SS Technology Select Sector | 1.02% | 11,695 | $2.6M | Add +0.3% |
| TRV The Travelers Cos Inc. | 0.97% | 10,740 | $2.5M | Reduce -3.3% |
| ETN Eaton Corp. PLC | 0.96% | 7,519 | $2.5M | Reduce -7.2% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.92% | 29,919 | $2.4M | Add +17.2% |
| COST Costco Wholesale Corp. | 0.91% | 2,662 | $2.4M | Add +22.4% |
| XLY SS Consumer Disc Select Sect | 0.88% | 11,412 | $2.3M | Reduce -2.5% |
| IEF iShares 7-10 Year Treasury B | 0.87% | 22,961 | $2.3M | Add +14.3% |
| XLV SS Health Care Select Sector | 0.85% | 14,381 | $2.2M | Reduce -16.2% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.85% | 18,588 | $2.2M | Add +0.4% |
| ELV Elevance Health Inc. | 0.81% | 4,064 | $2.1M | Add +2.5% |
| PG The Procter & Gamble Co. | 0.81% | 12,119 | $2.1M | Reduce -5.2% |
| JEPI JPMorgan Equity Premium Inco | 0.80% | 34,801 | $2.1M | Reduce -12.9% |
| MET Metlife Inc. | 0.80% | 25,040 | $2.1M | Reduce -4.9% |
| NOC Northrop Grumman Corp. | 0.79% | 3,871 | $2.0M | Reduce -1.3% |
| NUE Nucor Corp. | 0.76% | 13,153 | $2.0M | Reduce -7.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.74% | 3,344 | $1.9M | Add +0.1% |
| ICE Intercontinental Exchange Inc. | 0.72% | 11,700 | $1.9M | Reduce -3.1% |
| APD Air Products & Chemicals Inc. | 0.72% | 6,250 | $1.9M | Reduce -35.5% |
| PPL PPL Corp. | 0.70% | 54,654 | $1.8M | Reduce -7.9% |
| SO The Southern Co. | 0.67% | 19,297 | $1.7M | Add +14.3% |
| XLC SS Comm Select Sector SPDR | 0.66% | 19,098 | $1.7M | Reduce -1.9% |
| DON Wisdomtree US Midcap Dividen | 0.61% | 30,747 | $1.6M | Reduce -18.6% |
| NEE Nextera Energy Inc. | 0.58% | 17,909 | $1.5M | Reduce -13.5% |
| VLO Valero Energy Corp. | 0.57% | 11,045 | $1.5M | Reduce -5.1% |
| XLB SS Materials Select Sector | 0.54% | 14,505 | $1.4M | Add +22.8% |
| XTL SS SPDR S&P Telecom ETF | 0.52% | 13,317 | $1.3M | Reduce -12.8% |
| PEG Public Service Enterprise GP | 0.50% | 14,670 | $1.3M | Reduce -14.0% |
| JCI Johnson Controls Internation | 0.50% | 16,700 | $1.3M | Reduce -11.6% |
| EFA iShares MSCI Eafe ETF | 0.49% | 15,164 | $1.3M | Reduce -21.0% |
| PSX Phillips 66 | 0.47% | 9,212 | $1.2M | Add +51.1% |
| BLK BlackRock Finance Inc. | 0.46% | 1,269 | $1.2M | Reduce -9.9% |
| GIS General Mills Inc. | 0.46% | 16,008 | $1.2M | Reduce -9.5% |
| XOM Exxon Mobil Corp. | 0.43% | 9,534 | $1.1M | Reduce -4.0% |
| AMAT Applied Materials Inc. | 0.36% | 4,575 | $924K | Reduce -0.3% |
| UNH Unitedhealth Group Inc. | 0.34% | 1,501 | $878K | Add +155.3% |
| KO The Coca-Cola Co. | 0.31% | 11,228 | $807K | Reduce -10.4% |
| IWF iShares Russell 1000 Growth | 0.30% | 2,106 | $791K | No change |
| CCI Crown Castle Inc. | 0.30% | 6,561 | $778K | Reduce -9.4% |
| MDT Medtronic PLC | 0.28% | 8,214 | $740K | Reduce -11.7% |
| DGS Wisdomtree Em Small Cap | 0.28% | 13,616 | $731K | Reduce -20.7% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.27% | 8,448 | $701K | Add +24.4% |
| META Meta Platforms Inc. Class A | 0.27% | 1,210 | $693K | Add +19.8% |
| MRK Merck & Co. Inc. | 0.26% | 5,872 | $667K | Reduce -12.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.25% | 12,513 | $661K | Reduce -3.9% |
| IWR iShares Russell Mid-Cap ETF | 0.22% | 6,396 | $564K | No change |
| LLY Eli Lilly & Co. | 0.20% | 601 | $532K | No change |
| HD Home Depot Inc. | 0.20% | 1,273 | $516K | Reduce -12.3% |
| CVS CVS Health Corp. | 0.18% | 7,637 | $480K | Reduce -9.2% |
| WM Waste Management Inc. | 0.17% | 2,095 | $435K | Reduce -6.7% |
| IWP iShares Russell Mid-Cap Grow | 0.17% | 3,668 | $430K | Add +32.5% |
| ABT Abbott Laboratories | 0.16% | 3,752 | $428K | Reduce -6.3% |
| LOW Lowe's Cos Inc. | 0.16% | 1,544 | $418K | Reduce -11.5% |
| CEG Constellation Energy | 0.15% | 1,510 | $393K | Reduce -12.5% |
| IWD iShares Russell 1000 Value E | 0.15% | 2,064 | $392K | Reduce -17.9% |
| IVV iShares Core S&P 500 ETF | 0.14% | 635 | $366K | No change |
| FMC FMC Corp. | 0.14% | 5,465 | $360K | Reduce -52.0% |
| LMT Lockheed Martin Corp. | 0.14% | 611 | $357K | No change |
| PM Philip Morris International | 0.14% | 2,925 | $355K | No change |
| QRVO Qorvo Inc. | 0.13% | 3,347 | $346K | No change |
| NSC Norfolk Southern Corp. | 0.13% | 1,350 | $335K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.12% | 1,440 | $318K | No change |
| ITOT iShares Core S&P Total U.S. | 0.12% | 2,500 | $314K | Reduce -1.6% |
| KMB Kimberly-Clark Corp. | 0.12% | 2,198 | $313K | No change |
| MPC Marathon Petroleum Corp. | 0.12% | 1,864 | $304K | Reduce -10.7% |
| PRU Prudential Financial Inc. | 0.12% | 2,502 | $303K | Add +5.0% |
Portfolio Sells Q2 2024 → Q3 2024
| CVX Chevron Corp. | Reduce -8.7% | 1.52% | −0.33 |
| QCOM Qualcomm Inc. | Reduce -0.9% | 1.34% | −0.32 |
| APD Air Products & Chemicals Inc. | Reduce -35.5% | 0.72% | −0.29 |
| NVDA Nvidia Corp. | Reduce -2.6% | 2.63% | −0.25 |
| XLE SS Energy Select Sector | Reduce -12.1% | 1.06% | −0.25 |
| MSFT Microsoft Corp. | Reduce -1.6% | 2.15% | −0.23 |
| GOOGL Alphabet Inc. Class A | Reduce -1.3% | 1.25% | −0.21 |
| DKS Dick's Sporting Goods Inc. | Reduce -6.9% | 1.21% | −0.19 |
| VLO Valero Energy Corp. | Reduce -5.1% | 0.57% | −0.16 |
| XLV SS Health Care Select Sector | Reduce -16.2% | 0.85% | −0.16 |
| NUE Nucor Corp. | Reduce -7.9% | 0.76% | −0.15 |
| FMC FMC Corp. | Reduce -52.0% | 0.14% | −0.13 |
| EFA iShares MSCI Eafe ETF | Reduce -21.0% | 0.49% | −0.12 |
| JEPI JPMorgan Equity Premium Inco | Reduce -12.9% | 0.80% | −0.12 |
| AVGO Broadcom Inc. | Reduce -9.8% | 1.40% | −0.12 |
| AMZN Amazon.com Inc. | Reduce -1.8% | 1.06% | −0.11 |
| DON Wisdomtree US Midcap Dividen | Reduce -18.6% | 0.61% | −0.11 |
| JNJ Johnson & Johnson | Reduce -11.5% | 1.45% | −0.10 |
| MA Mastercard Inc. Class A | Reduce -76.3% | 0.03% | −0.09 |
| VMC Vulcan Materials Co. | Reduce -77.7% | 0.02% | −0.08 |
| AMAT Applied Materials Inc. | Reduce -0.3% | 0.36% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -12.1% | 0.26% | −0.08 |
| DGS Wisdomtree Em Small Cap | Reduce -20.7% | 0.28% | −0.07 |
| UPS United Parcel Service Class B | Reduce -47.5% | 0.07% | −0.07 |
| FRAF Franklin Financial Services | Reduce -44.9% | 0.08% | −0.07 |
| ETN Eaton Corp. PLC | Reduce -7.2% | 0.96% | −0.07 |
| PECO Phillips Edison & Company Inc. | Sold out | 0.00% | −0.06 |
| AAPL Apple Inc. | Reduce -8.7% | 1.49% | −0.06 |
| PEP Pepsico Inc. | Reduce -2.0% | 1.46% | −0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -57.6% | 0.04% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -5.2% | 0.81% | −0.04 |
| OLLI Ollie's Bargain Outlet Holdi | Reduce -83.3% | 0.01% | −0.04 |
| CPB The Campbell's Company | Sold out | 0.00% | −0.04 |
| JPM JPMorgan Chase & Co. | Reduce -1.5% | 1.65% | −0.03 |
| STZ Constellation Brands Inc. Class A | Reduce -73.9% | 0.01% | −0.03 |
| XOM Exxon Mobil Corp. | Reduce -4.0% | 0.43% | −0.03 |
| ROST Ross Stores Inc. | Sold out | 0.00% | −0.03 |
| IWO iShares Russell 2000 Growth | Reduce -36.6% | 0.06% | −0.03 |
| MPC Marathon Petroleum Corp. | Reduce -10.7% | 0.12% | −0.03 |
| RACE Ferrari NV | Sold out | 0.00% | −0.03 |
| IWD iShares Russell 1000 Value E | Reduce -17.9% | 0.15% | −0.03 |
| WM Waste Management Inc. | Reduce -6.7% | 0.17% | −0.03 |
| TFC Truist Financial Corp. | Reduce -73.0% | 0.01% | −0.02 |
| COP Conocophillips | Reduce -10.3% | 0.09% | −0.02 |
| GLD SPDR Gold Shares | Reduce -8.5% | 1.67% | −0.02 |
| HSY The Hershey Co. | Reduce -33.3% | 0.04% | −0.02 |
| KRG Kite Realty Group Trust | Sold out | 0.00% | −0.02 |
| BA The Boeing Co. | Reduce -28.6% | 0.03% | −0.02 |
| SHEL Shell PLC-ADR | Reduce -44.0% | 0.02% | −0.02 |
| HON Honeywell International Inc. | Reduce -62.5% | 0.01% | −0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| BIV Vanguard Intermediate-Term B | Add +13.8% | 7.69% | +0.92 |
| TLT iShares 20+ Year Treasury BD | Add +19.4% | 3.44% | +0.61 |
| VCIT Vanguard Int-Term Corporate | Add +17.8% | 1.70% | +0.26 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +19.6% | 1.68% | +0.25 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +21.6% | 1.65% | +0.23 |
| UNH Unitedhealth Group Inc. | Add +155.3% | 0.34% | +0.22 |
| RTX RTX Corp. | Add +4.0% | 1.07% | +0.18 |
| COST Costco Wholesale Corp. | Add +22.4% | 0.91% | +0.16 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +2.3% | 1.16% | +0.16 |
| ABBV Abbvie Inc. | Add +0.6% | 1.49% | +0.14 |
| SO The Southern Co. | Add +14.3% | 0.67% | +0.14 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +0.9% | 2.33% | +0.13 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +3.7% | 2.29% | +0.12 |
| EFV iShares MSCI Eafe Value ETF | Add +2.3% | 2.24% | +0.12 |
| XLF SS Financial Select Sector | Add +5.0% | 1.26% | +0.12 |
| PSX Phillips 66 | Add +51.1% | 0.47% | +0.12 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +17.2% | 0.92% | +0.12 |
| XLB SS Materials Select Sector | Add +22.8% | 0.54% | +0.12 |
| IEF iShares 7-10 Year Treasury B | Add +14.3% | 0.87% | +0.11 |
| FENI Fidelity Enhanced Intl ETF | Add +2.1% | 2.69% | +0.10 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +2.2% | 2.16% | +0.07 |
| META Meta Platforms Inc. Class A | Add +19.8% | 0.27% | +0.06 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +24.4% | 0.27% | +0.05 |
| IWP iShares Russell Mid-Cap Grow | Add +32.5% | 0.17% | +0.04 |
| EFG iShares MSCI Eafe Growth ETF | Add +30.3% | 0.10% | +0.02 |
| JNK SS SPDR BB High Yield Bond | New | 0.01% | +0.01 |
| FLOT iShares Floating Rate Bond E | Add +13.7% | 0.08% | +0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.1% | 0.74% | +0.01 |
| VOO Vanguard S&P 500 ETF | New | 0.01% | +0.01 |
| PRU Prudential Financial Inc. | Add +5.0% | 0.12% | +0.00 |
| SPGM State Street SPDR Portfolio | New | 0.00% | +0.00 |
| CL Colgate-Palmolive Co. | Add +7.5% | 0.03% | +0.00 |
| VST Vistra Corp. | New | 0.00% | +0.00 |
| XLK SS Technology Select Sector | Add +0.3% | 1.02% | −0.05 |
| ELV Elevance Health Inc. | Add +2.5% | 0.81% | −0.05 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +0.4% | 0.85% | −0.21 |
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 |