Instuitional Investor - Sage Advisory Services, Ltd.co.

Filing Period:
No. Security Ticker Shares Value % Port
1. IEF 40,668 $30,456,000 14.98%
2. KRE 229,926 $27,359,000 13.46%
3.
Franklin Templeton Etf Tr - SENIOR LOAN ETF
694,133 $15,910,000 7.83%
4.
Spdr Index Shs Fds - ST STR PO EX ETF
290,047 $14,615,000 7.19%
5.
Janus Detroit Str Tr
256,374 $11,534,000 5.67%