Instuitional Investor - Bell State Bank & Trust

Filing Period:
No. Security Ticker Shares Value % Port
1.
Vanguard Index Fds - VALUE ETF
1,588,925 $346,274,425 13.21%
2. HYG 3,523,642 $340,313,344 12.98%
3.
Vanguard Index Fds - GROWTH ETF
3,599,467 $310,058,088 11.83%
4.
Invesco Qqq Tr
355,481 $261,776,209 9.98%
5.
Invesco Exchange Traded Fd T - S&P500 EQL WGT
604,669 $128,655,424 4.91%