Instuitional Investor - Gray Financial Group V V

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	594,986	$52,698,000	20.47%
2.	Spdr Series Trust		546,523	$46,761,000	18.16%
3.	Ishares Tr		657,929	$19,014,000	7.38%
4.	Wisdomtree Tr		557,191	$18,538,000	7.2%
5.	Ishares Tr		621,826	$18,381,000	7.14%