Instuitional Investor - Northland Securities, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	J P Morgan Exchange-Traded Fd Tr Income Etf		407,339	$18,766,107	17.86%
2.	Ishares Trust	IEF	8,090	$5,284,468	5.03%
3.	Ishares Trust	IEF	72,129	$4,155,351	3.96%
4.	Sector Spdr Trust	XLE	66,740	$4,088,492	3.89%
5.	Sector Spdr Trust	XLE	30,390	$4,038,831	3.84%