Instuitional Investor - Betterment Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Tax Managed Intl Fd		137,930,799	$8,838,606	16.74%
2.	Vanguard Index Fds		24,526,707	$7,868,413	14.9%
3.	Spdr Series Trust		91,626,856	$7,013,120	13.28%
4.	Vanguard Intl Equity Index Funds	VWO	53,371,727	$2,884,742	5.46%
5.	Ishares Trust	IEF	23,905,376	$2,373,087	4.5%