Instuitional Investor - Amg National Trust Bank

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	569,207	$434,094,373	8.85%
2.	Ishares Trust	IEF	3,942,854	$420,741,918	8.57%
3.	Vanguard Index Fds - S&P 500 ETF SHS		360,247	$252,482,925	5.14%
4.	Ishares Trust	IEF	820,162	$227,914,459	4.64%
5.	Ishares Trust	HYG	1,905,579	$181,010,954	3.69%