Instuitional Investor - Hanover Advisors Inc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds		184,267	$59,114,696	24.02%
2.	Spdr S & P 500 Etf Trust	SPY	59,612	$38,768,231	15.76%
3.	Vanguard Specialized Funds - DIV APP ETF		82,606	$17,765,229	7.22%
4.	Ishares Trust	IEF	38,175	$14,150,798	5.75%
5.	Vanguard Bond Index Funds	BND	105,039	$8,106,925	3.29%