Instuitional Investor - Grimes & Company, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Tr		3,825,583	$269,129,779	8.91%
2.	Invesco Exch Traded Fd Tr Ii		8,565,742	$181,422,406	6%
3.	Spdr Ser Tr		6,721,831	$168,986,821	5.59%
4.	Ishares Tr		3,933,072	$166,054,300	5.49%
5.	Ishares Trust	IEF	251,194	$119,977,815	3.97%