Instuitional Investor - Twele Capital Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	328,172	$86,066,389	13.82%
2.	Ishares Trust	IEF	145,796	$69,636,544	11.18%
3.	Ishares Trust	IEF	547,027	$54,292,430	8.72%
4.	Vanguard Bond Index Funds	BND	643,014	$47,293,680	7.59%
5.	Vanguard Index Fds		100,767	$44,015,026	7.07%