Instuitional Investor - Mendel Capital Management Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Sector Spdr Trust	XLB	76,630	$21,599,046	11.33%
2.	Ishares Trust	IEF	89,975	$17,622,514	9.24%
3.	Vanguard Index Fds - S&P 500 ETF SHS		22,056	$13,506,820	7.08%
4.	Schwab Strategic Trust	FNDF	484,859	$13,236,660	6.94%
5.	Vanguard Specialized Funds - DIV APP ETF		60,577	$13,071,812	6.86%