Instuitional Investor - Bb&t Investment Services, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Bond Index Funds	BND	492,879	$40,196,000	6.75%
2.	Spdr S & P 500 Etf Trust	SPY	130,890	$34,916,000	5.86%
3.	Vanguard Tax Managed Intl Fd		696,593	$31,248,000	5.24%
4.	Sector Spdr Trust	XLB	142,931	$11,803,000	1.98%
5.	Sector Spdr Trust	XLB	171,482	$10,959,000	1.84%