Instuitional Investor - Waterford Advisors, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	86,215	$48,444,197	20.1%
2.	Vanguard Index Fds - VALUE ETF		141,050	$24,364,979	10.11%
3.	Vanguard Index Fds - GROWTH ETF		62,075	$23,018,681	9.55%
4.	Vanguard Tax-Managed Fds		372,890	$18,954,021	7.87%
5.	Vanguard Charlotte Fds - TOTAL INT BD ETF		327,908	$16,008,480	6.64%