Instuitional Investor - Sage Advisory Services, Ltd.co.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	37,034	$20,809,000	12.23%
2.	Ishares Tr - MBS ETF		216,977	$20,348,000	11.96%
3.	Ishares Tr - CORE MSCI EAFE		188,512	$14,261,000	8.38%
4.	Etf Ser Solutions		181,344	$9,836,000	5.78%
5.	Pacer Fds Tr		171,136	$9,371,000	5.51%