Farmers & Merchants Investments Inc. lowered its stake in shares of Vanguard S&P 500 ETF ( NYSEARCA:VOO – Get Rating ) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 37,202 shares of the company's stock after selling 250 shares during the period. Farmers & Merchants Investments Inc.'s holdings in Vanguard S&P 500 ETF were worth $13,071,000 at the end of the most recent reporting period.

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