Instuitional Investor - Ashford Advisors, Llc

Filing Period:
No. Security Ticker Shares Value % Port
1. IEF 441,226 $210,742,774 58.32%
2.
Vanguard Index Fds
180,608 $42,843,830 11.85%
3. FNDF 571,201 $35,380,190 9.79%
4. FNDF 607,598 $34,268,527 9.48%
5. FNDF 269,414 $14,998,277 4.15%