Instuitional Investor - Stearns Financial Services Group

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Bond Index Funds	BND	810,927	$71,540,000	11.2%
2.	Ishares Trust	IAU	1,416,900.5	$50,980,000	7.98%
3.	Vanguard Intl Equity Index Funds	VWO	938,237	$47,334,000	7.41%
4.	Vanguard Index Fds - GROWTH ETF		203,683	$46,360,000	7.26%
5.	Vanguard Specialized Funds - DIV APP ETF		319,810	$41,147,000	6.44%