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	501,701	$38,480	9.77%
2.	Ishares Trust	IEF	241,494	$20,870	5.3%
3.	Vanguard Index Fds - SML CP GRW ETF		38,990	$14,259	3.62%
4.	Vanguard Index Fds - SM CP VAL ETF		57,438	$13,957	3.54%
5.	Ishares Tr - EAFE VALUE ETF		155,426	$11,898	3.02%