Instuitional Investor - Waterford Advisors, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	91,443	$61,202,663	21.16%
2.	Vanguard Index Fds - GROWTH ETF		64,784	$31,070,903	10.74%
3.	Vanguard Index Fds - VALUE ETF		149,000	$27,787,095	9.61%
4.	Vanguard Tax-Managed Fds		391,029	$23,430,441	8.1%
5.	Schwab Strategic Trust	FNDF	684,943	$19,109,921	6.61%