Instuitional Investor - Mendel Capital Management Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Sector Spdr Trust	XLE	145,442	$27,709,632	12.47%
2.	Ishares Trust	IEF	84,767	$21,380,731	9.62%
3.	Schwab Strategic Trust	SCHD	484,713	$15,370,263	6.92%
4.	Vanguard Index Fds - S&P 500 ETF SHS		22,115	$15,188,575	6.84%
5.	Vanguard Specialized Funds - DIV APP ETF		60,179	$14,239,484	6.41%