Instuitional Investor - Nicolet Advisory Services, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Series Trust		3,032,163	$152,881,653	14.04%
2.	Spdr Series Trust		1,496,457	$130,984,886	12.03%
3.	Ishares Trust	IEF	291,094	$37,108,635	3.4%
4.	Apple Inc.	AAPL	155,407	$36,808,100	3.38%
5.	Vanguard Mun Bd Fds		538,402	$26,763,977	2.45%