Instuitional Investor - Affiance Financial, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds		149,308	$65,217,734	18.98%
2.	Ishares Trust	IEF	488,985	$48,531,764	14.12%
3.	Vanguard Index Fds		123,476	$29,291,057	8.52%
4.	Vanguard Tax-Managed Fds		428,454	$20,522,947	5.97%
5.	Ishares Trust	IEF	53,487	$14,823,963	4.31%