Instuitional Investor - Rodgers & Associates, Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds - VALUE ETF		408,303	$80,109,142	8.16%
2.	Vanguard Index Fds		374,368	$68,988,473	7.02%
3.	Vanguard Index Fds - SM CP VAL ETF		317,351	$68,944,415	7.02%
4.	Ishares Trust	IEF	431,031	$55,223,741	5.62%
5.	Ishares Trust	IEF	124,627	$53,140,972	5.41%