Instuitional Investor - Verdence Capital Advisors Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Series Trust - ST STR BLO 1 ETF		724,608	$66,403,078	3.49%
2.	Apple Inc.	AAPL	196,983	$56,998,934	2.99%
3.	Janus Detroit Str Tr		969,793	$48,964,866	2.57%
4.	Spdr S & P 500 Etf Trust	SPY	53,636	$40,053,394	2.1%
5.	Ishares Trust	IEF	386,468	$38,252,613	2.01%