Instuitional Investor - Bluestem Financial Advisors, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Bond Index Funds	BND	814,283	$59,776,486	20.94%
2.	Ishares Trust	IEF	78,119	$58,502,814	20.49%
3.	Vanguard Index Fds - SMALL CP ETF		120,996	$36,676,193	12.85%
4.	Vanguard Intl Equity Index Funds	VWO	425,716	$35,653,698	12.49%
5.	Vanguard Index Fds - REAL ESTATE ETF		155,978	$15,040,969	5.27%