Instuitional Investor - Roble, Belko & Company, Inc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds - ETF		396,426	$120,486	17.53%
2.	Vanguard Star Fds - ETF		736,497	$50,885	7.4%
3.	Vanguard Tax-Managed Fds - ETF		706,305	$40,266	5.86%
4.	Vanguard Bond Index Funds	BND	461,930	$34,012	4.95%
5.	Vanguard Intl Equity Index Funds	VWO	422,097	$28,373	4.13%