Instuitional Investor - Kwmg, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Tax-Managed Fds		910,378	$43,607,123	5.1%
2.	Vanguard Index Fds		132,974	$29,197,178	3.41%
3.	Vanguard Index Fds		311,573	$27,530,557	3.22%
4.	Vanguard Index Fds		179,666	$26,053,396	3.05%
5.	Ishares Trust	IEF	236,147	$25,383,442	2.97%