Instuitional Investor - Twele Capital Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	94,147	$55,422,525	11.74%
2.	Vanguard Index Fds		93,467	$50,360,955	10.67%
3.	Vanguard Bond Index Funds	BND	623,402	$44,828,838	9.5%
4.	Ishares Trust	IEF	435,501	$40,262,068	8.53%
5.	Ishares Trust	IEF	406,622	$39,401,672	8.35%