Farmers & Merchants Trust Co of Chambersburg PA
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 29, 2026), Farmers & Merchants Trust Co of Chambersburg PA reported 335 stock positions worth $367.5 million. Its top holding was Vanguard Intermediate-Term B (BIV) at 10.3% of the portfolio, followed by iShares 20+ Year Treasury BD (TLT, 5.6%) and Vngrd Mrngst SL-CP Val ETF-U (VBR, 3.3%). Compared with Q4 2025, it opened 12 new positions, sold out of 11, added to 40 and reduced 82. The biggest buy was a new position in iShares Core MSCI Emerging (IEMG) and the biggest sale Qualcomm (QCOM, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- CHAMBERSBURG, PA
- CIK
- 0001697375
- Portfolio Value
- $367.5M (Q1 2026)
- SEC Filing
- 0001697375-26-000003 ↗ filed Apr 29, 2026
Holdings Value
Holdings 335 stocks · $367.5M
| BIV Vanguard Intermediate-Term B | 10.34% | 492,315 | $38.0M | Add +7.9% |
| TLT iShares 20+ Year Treasury BD | 5.57% | 236,117 | $20.5M | Add +15.2% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 3.35% | 56,580 | $12.3M | Add +21.8% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 3.16% | 38,458 | $11.6M | Add +26.1% |
| EFV iShares MSCI Eafe Value ETF | 3.10% | 153,190 | $11.4M | Add +6.4% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 2.93% | 58,505 | $10.8M | Add +6.7% |
| FENI Fidelity Enhanced Intl ETF | 2.54% | 250,856 | $9.3M | Reduce -2.0% |
| GLD SPDR Gold Shares | 2.47% | 21,093 | $9.1M | Add +8.5% |
| VCIT Vanguard Int-Term Corporate | 2.31% | 102,499 | $8.5M | Add +6.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.31% | 92,428 | $8.5M | Add +8.4% |
| SJNK SS SPDR BB St Hi Yield ETF | 2.22% | 326,417 | $8.2M | Add +9.9% |
| NVDA Nvidia Corp. | 2.06% | 43,406 | $7.6M | Reduce -1.7% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 2.01% | 28,748 | $7.4M | Add +10.7% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 1.59% | 127,610 | $5.9M | Reduce -2.3% |
| MSFT Microsoft Corp. | 1.49% | 14,827 | $5.5M | Add +7.8% |
| XLK SS Technology Select Sector | 1.47% | 40,703 | $5.4M | Reduce -5.9% |
| WMT Walmart Inc. | 1.46% | 43,129 | $5.4M | Reduce -14.6% |
| SPYV SS SPDR P S&P 500 Value ETF | 1.44% | 93,697 | $5.3M | Add +0.6% |
| JPM JPMorgan Chase & Co. | 1.41% | 17,564 | $5.2M | Reduce -3.9% |
| SPYG SS SPDR P S&P 500 Growth ETF | 1.38% | 51,717 | $5.1M | Add +1.5% |
| CVX Chevron Corp. | 1.31% | 23,281 | $4.8M | Reduce -6.0% |
| JNJ Johnson & Johnson | 1.30% | 19,495 | $4.8M | Reduce -11.0% |
| AVGO Broadcom Inc. | 1.26% | 14,904 | $4.6M | Reduce -9.4% |
| XLP SS Consumer Staples Sel Sect | 1.24% | 55,547 | $4.6M | Reduce -1.8% |
| GOOGL Alphabet Inc. Class A | 1.23% | 15,716 | $4.5M | Reduce -16.8% |
| VCSH Vanguard S/T Corp. Bond ETF | 1.17% | 54,084 | $4.3M | Add +6.3% |
| FLOT iShares Floating Rate Bond E | 1.14% | 82,235 | $4.2M | Add +28.3% |
| AAPL Apple Inc. | 1.13% | 16,424 | $4.2M | Add +0.7% |
| IEF iShares 7-10 Year Treasury B | 1.12% | 43,097 | $4.1M | Add +7.8% |
| ABBV Abbvie Inc. | 1.06% | 17,915 | $3.9M | Reduce -6.9% |
| XLC SS Comm Select Sector SPDR | 1.05% | 34,895 | $3.9M | Reduce -2.4% |
| V Visa Inc. Class A | 1.04% | 12,606 | $3.8M | Add +2.0% |
| XLF SS Financial Select Sector | 1.03% | 76,954 | $3.8M | Reduce -2.5% |
| RTX RTX Corp. | 1.02% | 19,465 | $3.8M | Reduce -12.7% |
| ORCL Oracle Corp. | 0.91% | 22,713 | $3.3M | Add +30.4% |
| XLE SS Energy Select Sector | 0.90% | 54,116 | $3.3M | Reduce -12.1% |
| AMZN Amazon.com Inc. | 0.89% | 15,656 | $3.3M | Reduce -0.5% |
| GS Goldman Sachs Group Inc. | 0.87% | 3,773 | $3.2M | Reduce -4.2% |
| DKS Dick's Sporting Goods Inc. | 0.84% | 15,616 | $3.1M | Reduce -1.8% |
| XLRE SS Real Estate Select Sector | 0.83% | 74,849 | $3.1M | Reduce -0.6% |
| XLI SS Industrial Select Sector | 0.83% | 18,851 | $3.0M | Reduce -14.6% |
| XLV SS Health Care Select Sector | 0.83% | 20,695 | $3.0M | Reduce -4.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.83% | 12,509 | $3.0M | Add +5.2% |
| EFG iShares MSCI Eafe Growth ETF | 0.79% | 26,133 | $2.9M | Add +45.6% |
| COST Costco Wholesale Corp. | 0.79% | 2,898 | $2.9M | Reduce -3.3% |
| JEPI JPMorgan Equity Premium Inco | 0.76% | 49,298 | $2.8M | Add +10.1% |
| IWP iShares Russell Mid-Cap Grow | 0.74% | 21,236 | $2.7M | Add +30.7% |
| TRV The Travelers Cos Inc. | 0.73% | 9,220 | $2.7M | Reduce -11.7% |
| DON Wisdomtree US Midcap Dividen | 0.72% | 50,505 | $2.7M | Add +31.5% |
| SO The Southern Co. | 0.72% | 27,399 | $2.6M | Reduce -3.3% |
| XOM Exxon Mobil Corp. | 0.66% | 14,286 | $2.4M | Reduce -2.4% |
| IEMG iShares Core MSCI Emerging | 0.64% | 33,878 | $2.4M | New |
| XLY SS Consumer Disc Select Sect | 0.63% | 21,238 | $2.3M | Reduce -3.0% |
| MET Metlife Inc. | 0.62% | 32,425 | $2.3M | Add +8.3% |
| XLB SS Materials Select Sector | 0.61% | 45,210 | $2.3M | Add +0.5% |
| EFA iShares MSCI Eafe ETF | 0.60% | 22,700 | $2.2M | Add +30.7% |
| DGS Wisdomtree Em Small Cap | 0.52% | 31,685 | $1.9M | Add +75.0% |
| PPL PPL Corp. | 0.50% | 48,231 | $1.8M | Reduce -2.8% |
| ETN Eaton Corp. PLC | 0.50% | 5,150 | $1.8M | Reduce -24.7% |
| XTL SS SPDR S&P Telecom ETF | 0.48% | 9,339 | $1.8M | Reduce -11.3% |
| NUE Nucor Corp. | 0.47% | 10,308 | $1.7M | Reduce -15.9% |
| AMAT Applied Materials Inc. | 0.42% | 4,540 | $1.6M | No change |
| PG The Procter & Gamble Co. | 0.40% | 10,285 | $1.5M | Add +3.7% |
| NEE Nextera Energy Inc. | 0.39% | 15,476 | $1.4M | Add +4.4% |
| VLO Valero Energy Corp. | 0.39% | 5,783 | $1.4M | Reduce -8.7% |
| JCI Johnson Controls Internation | 0.38% | 10,606 | $1.4M | Reduce -24.7% |
| QCOM Qualcomm Inc. | 0.33% | 9,435 | $1.2M | Reduce -55.6% |
| BLK BlackRock Inc. | 0.32% | 1,227 | $1.2M | Reduce -6.3% |
| APD Air Products & Chemicals Inc. | 0.31% | 3,901 | $1.1M | Add +7.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.30% | 1,683 | $1.1M | Reduce -30.9% |
| PEG Public Service Enterprise GP | 0.27% | 12,282 | $994K | Reduce -11.2% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.26% | 11,824 | $941K | Add +28.8% |
| KO The Coca-Cola Co. | 0.22% | 10,500 | $799K | Reduce -2.8% |
| MDT Medtronic PLC | 0.21% | 8,886 | $770K | Add +26.4% |
| IWF iShares Russell 1000 Growth | 0.19% | 1,621 | $691K | No change |
| PEP Pepsico Inc. | 0.15% | 3,507 | $545K | Reduce -10.3% |
| MRK Merck & Co. Inc. | 0.14% | 4,190 | $504K | Reduce -8.9% |
| AMD Advanced Micro Devices | 0.13% | 2,422 | $493K | Add +26.0% |
| IWR iShares Russell Mid-Cap ETF | 0.12% | 4,696 | $457K | No change |
| WM Waste Management Inc. | 0.12% | 1,968 | $452K | No change |
| META Meta Platforms Inc. Class A | 0.12% | 765 | $438K | No change |
| CEG Constellation Energy | 0.11% | 1,477 | $412K | Reduce -1.5% |
| ABT Abbott Laboratories | 0.11% | 3,932 | $404K | No change |
| MPC Marathon Petroleum Corp. | 0.11% | 1,617 | $395K | No change |
| NSC Norfolk Southern Corp. | 0.11% | 1,350 | $387K | No change |
| PSX Phillips 66 | 0.10% | 2,117 | $386K | Reduce -8.5% |
| IWD iShares Russell 1000 Value E | 0.10% | 1,664 | $356K | No change |
| PM Philip Morris International | 0.09% | 1,950 | $322K | Reduce -17.6% |
| LLY Eli Lilly & Co. | 0.09% | 346 | $318K | Add +2.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.08% | 1,048 | $301K | No change |
| GOOG Alphabet Inc. Class C | 0.08% | 1,047 | $300K | No change |
| LMT Lockheed Martin Corp. | 0.08% | 483 | $292K | Reduce -20.7% |
| HD Home Depot Inc. | 0.08% | 886 | $291K | No change |
| DLR Digital Realty Trust Inc. | 0.08% | 1,550 | $279K | No change |
| DUK Duke Energy Corp. | 0.08% | 2,117 | $277K | Reduce -2.2% |
| STLD Steel Dynamics Inc. | 0.07% | 1,520 | $274K | No change |
| LOW Lowe's Cos Inc. | 0.07% | 1,152 | $272K | No change |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.07% | 2,265 | $269K | Reduce -42.9% |
| COP Conocophillips | 0.07% | 1,986 | $262K | Reduce -5.2% |
| EXC Exelon Corp. | 0.07% | 5,126 | $251K | Reduce -1.4% |
Portfolio Sells Q4 2025 → Q1 2026
| QCOM Qualcomm Inc. | Reduce -55.6% | 0.33% | −0.69 |
| GOOGL Alphabet Inc. Class A | Reduce -16.8% | 1.23% | −0.42 |
| AVGO Broadcom Inc. | Reduce -9.4% | 1.26% | −0.34 |
| XLK SS Technology Select Sector | Reduce -5.9% | 1.47% | −0.27 |
| FRAF Franklin Financial Services | Reduce -94.3% | 0.02% | −0.26 |
| NVDA Nvidia Corp. | Reduce -1.7% | 2.06% | −0.25 |
| JPM JPMorgan Chase & Co. | Reduce -3.9% | 1.41% | −0.24 |
| XLF SS Financial Select Sector | Reduce -2.5% | 1.03% | −0.18 |
| ABBV Abbvie Inc. | Reduce -6.9% | 1.06% | −0.17 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -30.9% | 0.30% | −0.17 |
| AMZN Amazon.com Inc. | Reduce -0.5% | 0.89% | −0.13 |
| XLI SS Industrial Select Sector | Reduce -14.6% | 0.83% | −0.13 |
| XLC SS Comm Select Sector SPDR | Reduce -2.4% | 1.05% | −0.13 |
| RTX RTX Corp. | Reduce -12.7% | 1.02% | −0.12 |
| XLV SS Health Care Select Sector | Reduce -4.9% | 0.83% | −0.12 |
| WMT Walmart Inc. | Reduce -14.6% | 1.46% | −0.12 |
| TRV The Travelers Cos Inc. | Reduce -11.7% | 0.73% | −0.12 |
| ETN Eaton Corp. PLC | Reduce -24.7% | 0.50% | −0.11 |
| XLY SS Consumer Disc Select Sect | Reduce -3.0% | 0.63% | −0.10 |
| GS Goldman Sachs Group Inc. | Reduce -4.2% | 0.87% | −0.10 |
| JCI Johnson Controls Internation | Reduce -24.7% | 0.38% | −0.09 |
| NUE Nucor Corp. | Reduce -15.9% | 0.47% | −0.09 |
| FENI Fidelity Enhanced Intl ETF | Reduce -2.0% | 2.54% | −0.08 |
| IVV iShares Core S&P 500 ETF | Reduce -97.6% | 0.00% | −0.08 |
| BLK BlackRock Inc. | Reduce -6.3% | 0.32% | −0.07 |
| BNY Bank of New York Mellon Corp. | Reduce -42.9% | 0.07% | −0.06 |
| PEG Public Service Enterprise GP | Reduce -11.2% | 0.27% | −0.04 |
| DKS Dick's Sporting Goods Inc. | Reduce -1.8% | 0.84% | −0.04 |
| ITOT iShares Core S&P Total U.S. | Reduce -50.3% | 0.03% | −0.04 |
| CEG Constellation Energy | Reduce -1.5% | 0.11% | −0.04 |
| AGG iShares Core U.S. Aggregate | Reduce -83.1% | 0.01% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -93.9% | 0.00% | −0.02 |
| ELV Elevance Health Inc. | Reduce -16.7% | 0.05% | −0.02 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.02 |
| DIS The Walt Disney Co. | Reduce -31.3% | 0.02% | −0.02 |
| XLRE SS Real Estate Select Sector | Reduce -0.6% | 0.83% | −0.02 |
| PM Philip Morris International | Reduce -17.6% | 0.09% | −0.02 |
| NOC Northrop Grumman Corp. | Reduce -57.1% | 0.02% | −0.02 |
| ALL Allstate Corp. | Reduce -44.3% | 0.02% | −0.02 |
| CWB SS SPDR BB Conv Sec ETF | Sold out | 0.00% | −0.02 |
| PEP Pepsico Inc. | Reduce -10.3% | 0.15% | −0.01 |
| CCI Crown Castle Inc. | Reduce -55.8% | 0.01% | −0.01 |
| IWN iShares Russell 2000 Value E | Reduce -61.6% | 0.01% | −0.01 |
| DLN Wisdomtree US Largecap Divid | Reduce -20.2% | 0.03% | −0.01 |
| SDY SS SPDR S&P Dividend ETF | Reduce -25.7% | 0.02% | −0.01 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -37.2% | 0.02% | −0.01 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -25.1% | 0.01% | −0.01 |
| FULT Fulton Financial Corp. | Sold out | 0.00% | −0.01 |
| OTIS Otis Worldwide Corp. | Reduce -3.5% | 0.03% | −0.01 |
| MS Morgan Stanley | Reduce -50.5% | 0.00% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| IEMG iShares Core MSCI Emerging | New | 0.64% | +0.64 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +21.8% | 3.35% | +0.59 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +26.1% | 3.16% | +0.58 |
| TLT iShares 20+ Year Treasury BD | Add +15.2% | 5.57% | +0.57 |
| BIV Vanguard Intermediate-Term B | Add +7.9% | 10.34% | +0.39 |
| GLD SPDR Gold Shares | Add +8.5% | 2.47% | +0.31 |
| DGS Wisdomtree Em Small Cap | Add +75.0% | 0.52% | +0.23 |
| FLOT iShares Floating Rate Bond E | Add +28.3% | 1.14% | +0.23 |
| EFV iShares MSCI Eafe Value ETF | Add +6.4% | 3.10% | +0.22 |
| EFG iShares MSCI Eafe Growth ETF | Add +45.6% | 0.79% | +0.22 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +6.7% | 2.93% | +0.21 |
| DON Wisdomtree US Midcap Dividen | Add +31.5% | 0.72% | +0.17 |
| EFA iShares MSCI Eafe ETF | Add +30.7% | 0.60% | +0.13 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +8.4% | 2.31% | +0.12 |
| IWP iShares Russell Mid-Cap Grow | Add +30.7% | 0.74% | +0.12 |
| SJNK SS SPDR BB St Hi Yield ETF | Add +9.9% | 2.22% | +0.11 |
| NEE Nextera Energy Inc. | Add +4.4% | 0.39% | +0.06 |
| APD Air Products & Chemicals Inc. | Add +7.7% | 0.31% | +0.06 |
| VCIT Vanguard Int-Term Corporate | Add +6.6% | 2.31% | +0.05 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +28.8% | 0.26% | +0.05 |
| IEF iShares 7-10 Year Treasury B | Add +7.8% | 1.12% | +0.04 |
| XLB SS Materials Select Sector | Add +0.5% | 0.61% | +0.04 |
| JEPI JPMorgan Equity Premium Inco | Add +10.1% | 0.76% | +0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +6.3% | 1.17% | +0.03 |
| MDT Medtronic PLC | Add +26.4% | 0.21% | +0.02 |
| AMD Advanced Micro Devices | Add +26.0% | 0.13% | +0.02 |
| MFC Manulife Financial Corp. | New | 0.01% | +0.01 |
| PG The Procter & Gamble Co. | Add +3.7% | 0.40% | +0.01 |
| WAT Waters Corp. | New | 0.00% | +0.00 |
| PSIX Power Solutions Internationa | New | 0.00% | +0.00 |
| IJR iShares Core S&P Small-Cap E | Add +2.0% | 0.07% | +0.00 |
| SLV iShares Silver Trust | Add +9.3% | 0.01% | +0.00 |
| MKOR Matthews Korea Active ETF | New | 0.00% | +0.00 |
| RDDT Reddit Inc. Class A | New | 0.00% | +0.00 |
| FLEX Flex Ltd. | New | 0.00% | +0.00 |
| MTRN Materion Corp. | New | 0.00% | +0.00 |
| P Everpure Inc. Class A | New | 0.00% | +0.00 |
| SOLS Solstice Adv Materials Inc. | New | 0.00% | +0.00 |
| NLR Vaneck Urani & Nuclr ETF-Usd | New | 0.00% | +0.00 |
| EWG iShares MSCI Germany ETF | Add +36.0% | 0.00% | +0.00 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +20.0% | 0.00% | +0.00 |
| DJT Trump Media & Technology Gro | New | 0.00% | 0.00 |
| LLY Eli Lilly & Co. | Add +2.4% | 0.09% | −0.02 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +10.7% | 2.01% | −0.02 |
| MET Metlife Inc. | Add +8.3% | 0.62% | −0.04 |
| SPYV SS SPDR P S&P 500 Value ETF | Add +0.6% | 1.44% | −0.04 |
| ORCL Oracle Corp. | Add +30.4% | 0.91% | −0.04 |
| AAPL Apple Inc. | Add +0.7% | 1.13% | −0.11 |
| SPYG SS SPDR P S&P 500 Growth ETF | Add +1.5% | 1.38% | −0.14 |
| IBM Intl Business Machines Corp. | Add +5.2% | 0.83% | −0.16 |
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 |