Instuitional Investor - Hoese & Co Llp

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Tr Us Treas Bd Etf		775,524	$17,394,890	17.04%
2.	Ishares Trust	IEF	35,509	$16,277,603	15.94%
3.	Spdr S & P 500 Etf Trust	SPY	17,008	$7,762,245	7.6%
4.	Invesco Exchange Traded Fd Ts&P500 Quality		139,351	$7,236,438	7.09%
5.	Vanguard Index Fds S&P 500 Etf Shs		16,175	$6,783,575	6.64%