Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IGIB	ISHARES TR INTERM CR BD ETF	136,575	$14.82M	6.0%	$108.31	—	INTERM CR BD ETF	464288638
EFAV	ISHARES TRUST MSCI EAFE MIN VOLATIL ETF	232,110	$14.53M	5.9%	$63.38	—	EAFE MIN VOL ETF	46429B689
MUB	ISHARES TR NAT AMT FREE BD	122,395	$13.39M	5.4%	$106.60	—	NAT AMT FREE BD	464288414
SPY	SPDR S&P 500 ETF TRUST UNIT SER 1 S&P	69,220	$13.26M	5.3%	$163.36	—	TR UNIT	78462F103
USMV	ISHARES TRUST MSCI USA MINVOLATILITY ETF	330,350	$13.06M	5.3%	$39.68	—	USA MIN VOL ETF	46429B697
BNDX	VANGUARD CHARLOTTE TOTAL INTL BD INDEX FD ETF	232,680	$12.33M	5.0%	$54.06	—	INTL BD IDX ETF	92203J407
EEM	ISHARES MSCI EMERGING MARKETS ETF	371,600	$12.26M	4.9%	$33.84	—	MSCI EMG MKT ETF	464287234
HYS	PIMCO ETF TRUST 0-5 YR HIGH YLD CORP BD IDX ETF	121,285	$11.47M	4.6%	$102.18	—	0-5 HIGH YIELD	72201R783
VCSH	VANGUARD SCOTTSDALE FDS SHORT TERM CORP	139,265	$11.08M	4.5%	$79.40	—	SHRT TRM CORP BD	92206C409
MBB	ISHARES TR MBS ETF	98,400	$10.78M	4.3%	$105.75	—	MBS ETF	464288588
IJR	ISHARES CORE S&P SMALL-CAP ETF	95,472	$10.15M	4.1%	$115.15	—	CORE S&P SCP ETF	464287804
—	POWERSHARES QQQ TR UNIT SER 1	86,150	$8.726M	3.5%	$85.99	—	UNIT SER 1	73935A104
XLV	SELECT SECTOR SPDR TR HEALTH CARE FORMERLY CONSUMER SVCS TO 06/24/2002	130,690	$8.628M	3.5%	$56.11	—	SBI HEALTHCARE	81369Y209
SHY	ISHARES 1-3 YEAR TREASURY BOND ETF	82,710	$7.027M	2.8%	$84.37	—	1-3 YR TR BD ETF	464287457
XLU	SECTOR SPDR TR SHS BEN INT UTILITIES	149,035	$6.447M	2.6%	$38.24	—	SBI INT-UTILS	81369Y886
LQD	ISHARES IBOXX INVESTMENT GRADE CORPORATE BOND ETF	51,000	$5.908M	2.4%	$121.70	—	IBOXX INV CP ETF	464287242
IWD	ISHARES RUSSELL 1000 VALUE ETF	59,330	$5.544M	2.2%	$97.67	—	RUS 1000 VAL ETF	464287598
XLY	SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY FORMERLY CYCLICAL/ TRANSN TO 06/24/2002	63,260	$4.682M	1.9%	$74.26	—	SBI CONS DISCR	81369Y407
IYR	ISHARES U S REAL ESTATE ETF	61,350	$4.36M	1.8%	$66.72	—	U.S. REAL ES ETF	464287739
—	MARKET VECTORS ETF TR AGRIBUSINESS ETF	86,000	$3.942M	1.6%	$52.65	—	AGRIBUS ETF	57060U605
VDC	VANGUARD SECTOR INDEX FDS VANGUARD CONSUMER STAPLES VIPERS	28,850	$3.494M	1.4%	$103.23	—	CONSUM STP ETF	92204A207
XPH	SPDR SER TR S&P PHARMACEUTICALS ETF	64,400	$2.989M	1.2%	$64.15	—	S&P PHARMAC	78464A722
—	POWERSHARES EXCHANGE TRADED FD TR DYNAMIC PHARMACEUTICALS PORTFOLIO	44,585	$2.946M	1.2%	$66.47	—	DYN PHRMA PORT	73935X799
—	POWERSHARES GLOBAL EXCHANGE TRADED I-30 LADDERED TREASURY PORTFOLIO ISIN #US73936T5240 SEDOL #B68TXM3	87,800	$2.894M	1.2%	$31.26	—	I-30 LAD TREAS	73936T524
VNQ	VANGUARD INDEX FDS VANGUARD REIT ETF FORMERLY VANGUARD INDEX TR TO 05/24/01 REIT VIPER SHS	37,235	$2.817M	1.1%	$72.45	—	REIT ETF	922908553
VB	VANGUARD INDEX FDS VANGUARD SMALL CAP VIPERS FORMERLY VANGUARD INDEX TR	21,310	$2.294M	0.9%	$94.00	—	SMALL CP ETF	922908751
XLE	SECTOR SPDR TR SHS BEN INT ENERGY	36,295	$2.255M	0.9%	$78.69	—	SBI INT-ENERGY	81369Y506
IYE	ISHARES U S ENERGY ETF	62,300	$2.169M	0.9%	$34.82	—	U.S. ENERGY ETF	464287796
TIP	ISHARES TIPS BOND ETF	18,600	$2.067M	0.8%	$111.64	—	TIPS BD ETF	464287176
IWM	ISHARES RUSSELL 2000 ETF	18,730	$2.038M	0.8%	$98.28	—	RUSSELL 2000 ETF	464287655
MDY	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP ISIN #US78467Y1073 SEDOL #2550688	7,470	$1.856M	0.7%	$223.94	—	UTSER1 S&PDCRP	78467Y107
AGG	ISHARES CORE U.S. AGGREGATE BOND ETF	16,730	$1.832M	0.7%	$109.50	—	CORE US AGGBD ET	464287226
IHE	ISHARES TR U.S. PHARMA ETF	11,965	$1.757M	0.7%	$100.39	—	U.S. PHARMA ETF	464288836
IWR	ISHARES TR RUS MID-CAP ETF ISIN #US4642874998 SEDOL #B4ZD2Y9	10,925	$1.696M	0.7%	$137.00	—	RUS MID-CAP ETF	464287499
GOVT	ISHARES TRUST CORE US TREASURY BOND ETF	65,800	$1.671M	0.7%	$25.40	—	CORE US TR BD	46429B267
MTUM	ISHARES TRUST MSCI USA MOMENTUM FACTOR ETF ISIN #US46432F3964 SEDOL #B94W3K5	23,100	$1.572M	0.6%	$68.05	—	MSCI USAMOMFCT	46432F396
HYG	ISHARES TR IBOXX HI YD ETF	18,760	$1.551M	0.6%	$82.68	—	IBOXX HI YD ETF	464288513
VO	VANGUARD INDEX FDS VANGUARD MID CAP VIPERS FORMERLY VANGUARD INDEX TR	13,160	$1.533M	0.6%	$96.08	—	MID CAP ETF	922908629
IDV	ISHARES TR INTL SEL DIV ETF	43,100	$1.221M	0.5%	$29.42	—	INTL SEL DIV ETF	464288448
PFF	ISHARES TR U.S. PFD STK ETF	23,840	$916K	0.4%	$39.78	—	U.S. PFD STK ETF	464288687
SDY	SPDR SER TR S&P DIVID ETF	12,150	$876K	0.4%	$76.19	—	S&P DIVID ETF	78464A763
VPU	VANGUARD SECTOR INDEX FDS VANGUARD UTILS VIPERS	8,770	$815K	0.3%	$81.81	—	UTILITIES ETF	92204A876
—	POWERSHARES EXCH TRADED FD TST II S&P 500 LOW VOLATILITY PORT	22,300	$800K	0.3%	$35.87	—	S&P500 LOW VOL	73937B779
—	POWERSHARES EXCH TRADED FD TST II S&P 400 LOW VOLATILITY PORT	24,550	$798K	0.3%	$32.51	—	S&P400 LOVL PT	73937B647
—	POWERSHARES EXCH TRADED FD TST II S&P 600 LOW VOLATILITY PORTFOLIO	24,650	$797K	0.3%	$32.33	—	S&P600 LOVL PT	73937B639
ACWV	ISHARES INC MSCI ALL CTY WRLD MIN ETF	11,850	$795K	0.3%	$67.09	—	CNTRY MIN VL ETF	464286525
VHT	VANGUARD SECTOR INDEX FDS VANGUARD HEALTH CARE VIPERS	6,520	$794K	0.3%	$121.78	—	HEALTH CAR ETF	92204A504
IWN	ISHARES RUSSELL 2000 VALUE ETF	8,780	$790K	0.3%	$102.76	—	RUS 2000 VAL ETF	464287630
VYM	VANGUARD WHITEHALL FDS HIGH DIVIDEND YIELD ETF SHS	12,280	$769K	0.3%	$62.62	—	HIGH DIV YLD	921946406
VOE	VANGUARD INDEX FDS MID-CAP VALUE INDEX VIPER SHS	9,180	$764K	0.3%	$83.22	—	MCAP VL IDXVIP	922908512
IVE	ISHARES S&P 500 VALUE ETF	9,020	$759K	0.3%	$84.15	—	S&P 500 VAL ETF	464287408
IJS	ISHARES S&P SMALLCAP 600 VALUE ETF	7,150	$747K	0.3%	$104.48	—	SP SMCP600VL ETF	464287879
—	POWERSHARES EXCHANGE TRADED FDS TST FTSE RAFI US 1500 SMALL-MID PORTFOLIO ISIN #US73935X5674 SEDOL #B63YR87	8,150	$747K	0.3%	$91.66	—	FTSE US1500 SM	73935X567
XLI	SECTOR SPDR TR SHS BEN INT INDUSTRIAL	11,700	$583K	0.2%	$46.41	—	SBI INT-INDS	81369Y704
VIG	VANGUARD SPECIALIZED PORTFOLIOS DIV APPRECIATION INDEX FD VIPER SHS	7,240	$533K	0.2%	$67.01	—	DIV APP ETF	921908844
XLP	SECTOR SPDR TR SHS BEN INT CONSUMER STAPLES	10,930	$515K	0.2%	$41.40	—	SBI CONS STPLS	81369Y308
VWO	VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETF	14,720	$489K	0.2%	$40.83	—	FTSE EMR MKT ETF	922042858
BND	VANGUARD BD INDEX FD INC TOTAL BD MARKET ETF	5,740	$470K	0.2%	$80.05	—	TOTAL BND MRKT	921937835
IJH	ISHARES CORE S&P MID-CAP ETF	3,175	$433K	0.2%	$116.01	—	CORE S&P MCP ETF	464287507
—	POWERSHARES EXCHANGE TRADED FD TR II SENIOR LN PORT NYSE ARCA INC	18,500	$426K	0.2%	$24.11	—	SENIOR LN PORT	73936Q769
DVY	ISHARES SELECT DIVIDEND ETF	5,225	$380K	0.2%	$74.49	—	SELECT DIVID ETF	464287168
VTI	VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETF	2,125	$209K	0.1%	$82.98	—	TOTAL STK MKT	922908769
—	POWERSHARES EXCHANGE TRADED FDS TST WILDER HILL CLEAN ENERGY P/F ISIN #US73935X5005 SEDOL #B621PV8	12,560	$51,000	0.0%	$5.30	—	WNDRHLL CLN EN	73935X500