Instuitional Investor - Arbor Investment Advisors, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	345,016	$105,830,132	14.38%
2.	Invesco Ftse Rafi Us 1000 Etf - ETF		2,228,054	$90,035,654	12.23%
3.	Vanguard Ftse Developed Markets Etf - ETF		1,543,159	$78,438,754	10.66%
4.	Ishares Treasury Floating Rate Bond Etf - ETF		1,431,474	$72,518,453	9.85%
5.	Vanguard Bond Index Funds	BND	600,133	$46,978,409	6.38%