Instuitional Investor - Farmers & Merchants Trust Co Of Chambersburg Pa

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Bond Index Funds	BND	492,315	$37,997	10.34%
2.	Ishares Trust	IEF	236,117	$20,469	5.57%
3.	Vanguard Index Fds - SM CP VAL ETF		56,580	$12,292	3.35%
4.	Vanguard Index Fds - SML CP GRW ETF		38,458	$11,624	3.16%
5.	Ishares Tr - EAFE VALUE ETF		153,190	$11,390	3.1%