Instuitional Investor - Kuntz Lesher Capital Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	310,042	$237,445,832	18.82%
2.	Ishares Trust	HYG	1,243,834	$120,502,610	9.55%
3.	Ishares Trust	IEF	1,098,947	$79,069,251	6.27%
4.	Schwab Strategic Trust	SCHD	1,808,702	$54,261,050	4.3%
5.	Ishares Trust	IEF	377,073	$51,297,030	4.06%