Instuitional Investor - Choate Investment Advisors

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	2,762,389	$1,552,186,379	38.57%
2.	Ishares Tr - NATIONAL MUN ETF		1,294,303	$136,471,308	3.39%
3.	Apple Inc.	AAPL	594,286	$132,008,694	3.28%
4.	Spdr Ser Tr - SPDR S&P 500 ETF		2,551,059	$116,710,935	2.9%
5.	Microsoft Corp	MSFT	308,893	$115,955,444	2.88%