DOW INC

Ticker: DOW CUSIP: 260557103 Class: COM

FARMERS & MERCHANTS INVESTMENTS INC's Holding History (CIK: 0001259969)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 29,345 Value ($000) $686 Avg Close $22.78 Range $20.35 - $25.67

Q3 2025

Shares 53,784 Value ($000) $1,233 Avg Close $24.31 Range $19.82 - $30.04

Q2 2025

Shares 65,238 Value ($000) $1,728 Avg Close $27.80 Range $23.75 - $33.33

Q1 2025

Shares 62,322 Value ($000) $2,176 Avg Close $35.96 Range $32.16 - $39.24

Q4 2024

Shares 65,325 Value ($000) $2,621 Avg Close $42.94 Range $36.15 - $50.94

Q3 2024

Shares 67,419 Value ($000) $3,683 Avg Close $47.92 Range $45.35 - $50.99

Q2 2024

Shares 66,658 Value ($000) $3,536 Avg Close $51.21 Range $47.23 - $54.19

Q1 2024

Shares 58,881 Value ($000) $3,411 Avg Close $48.96 Range $45.89 - $52.45

Q4 2023

Shares 58,228 Value ($000) $3,193 Avg Close $44.66 Range $41.11 - $49.29

Q3 2023

Shares 59,236 Value ($000) $3,054 Avg Close $46.31 Range $43.56 - $48.52

Q2 2023

Shares 58,134 Value ($000) $3,096 Avg Close $45.25 Range $41.52 - $48.90

Q1 2023

Shares 58,397 Value ($000) $3,201 Avg Close $47.30 Range $41.67 - $50.93

Q4 2022

Shares 57,222 Value ($000) $2,883 Avg Close $40.52 Range $35.40 - $44.20

Q3 2022

Shares 69,245 Value ($000) $3,042 Avg Close $41.46 Range $35.51 - $45.94

Q2 2022

Shares 67,630 Value ($000) $3,490 Avg Close $51.79 Range $41.05 - $57.91

Q1 2022

Shares 58,897 Value ($000) $3,753 Avg Close $48.26 Range $43.47 - $52.33

Q4 2021

Shares 56,129 Value ($000) $3,184 Avg Close $45.04 Range $41.46 - $48.11

Q3 2021

Shares 24,226 Value ($000) $1,394 Avg Close $47.81 Range $43.42 - $51.38

Q2 2021

Shares 16,272 Value ($000) $1,030 Avg Close $51.06 Range $46.56 - $55.35

Q1 2021

Shares 22,272 Value ($000) $1,424 Avg Close $45.81 Range $39.10 - $51.82

Q4 2020

Shares 22,379 Value ($000) $1,242 Avg Close $39.03 Range $33.35 - $43.77

Q3 2020

Shares 22,267 Value ($000) $1,048 Avg Close $33.48 Range $29.02 - $38.79

Q2 2020

Shares 22,376 Value ($000) $912 Avg Close $26.85 Range $19.60 - $34.03

Q1 2020

Shares 22,033 Value ($000) $644 Avg Close $30.58 Range $15.98 - $39.77

Q4 2019

Shares 22,023 Value ($000) $1,205 Avg Close $36.70 Range $30.99 - $39.78

Q3 2019

Shares 8,086 Value ($000) $385 Avg Close $32.74 Range $28.12 - $36.85

Q2 2019

Shares 21,442 Value ($000) $1,057 Avg Close $36.37 Range $32.51 - $41.48

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	29,345	$686	$22.78	$20.35 - $25.67
Q3 2025	53,784	$1,233	$24.31	$19.82 - $30.04
Q2 2025	65,238	$1,728	$27.80	$23.75 - $33.33
Q1 2025	62,322	$2,176	$35.96	$32.16 - $39.24
Q4 2024	65,325	$2,621	$42.94	$36.15 - $50.94
Q3 2024	67,419	$3,683	$47.92	$45.35 - $50.99
Q2 2024	66,658	$3,536	$51.21	$47.23 - $54.19
Q1 2024	58,881	$3,411	$48.96	$45.89 - $52.45
Q4 2023	58,228	$3,193	$44.66	$41.11 - $49.29
Q3 2023	59,236	$3,054	$46.31	$43.56 - $48.52
Q2 2023	58,134	$3,096	$45.25	$41.52 - $48.90
Q1 2023	58,397	$3,201	$47.30	$41.67 - $50.93
Q4 2022	57,222	$2,883	$40.52	$35.40 - $44.20
Q3 2022	69,245	$3,042	$41.46	$35.51 - $45.94
Q2 2022	67,630	$3,490	$51.79	$41.05 - $57.91
Q1 2022	58,897	$3,753	$48.26	$43.47 - $52.33
Q4 2021	56,129	$3,184	$45.04	$41.46 - $48.11
Q3 2021	24,226	$1,394	$47.81	$43.42 - $51.38
Q2 2021	16,272	$1,030	$51.06	$46.56 - $55.35
Q1 2021	22,272	$1,424	$45.81	$39.10 - $51.82
Q4 2020	22,379	$1,242	$39.03	$33.35 - $43.77
Q3 2020	22,267	$1,048	$33.48	$29.02 - $38.79
Q2 2020	22,376	$912	$26.85	$19.60 - $34.03
Q1 2020	22,033	$644	$30.58	$15.98 - $39.77
Q4 2019	22,023	$1,205	$36.70	$30.99 - $39.78
Q3 2019	8,086	$385	$32.74	$28.12 - $36.85
Q2 2019	21,442	$1,057	$36.37	$32.51 - $41.48