Aspen Investment Management

Aspen Investment Management as of Sept. 30, 2014

Portfolio Holdings for Aspen Investment Management

Aspen Investment Management holds 117 positions in its portfolio as reported in the September 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
InterOil Corporation 11.5 $14M 253k 54.26
SPDR S&P Dividend (SDY) 5.2 $6.2M 82k 74.94
iShares Barclays Inter Crd Bd Fund ETF) (IGIB) 4.8 $5.7M 53k 109.31
Pimco Etf Tr 0-5 high yield (HYS) 3.9 $4.6M 45k 103.66
Powershares Senior Loan Portfo mf 3.3 $3.9M 162k 24.28
Spdr S&p 500 Etf (SPY) 3.2 $3.9M 20k 197.02
Waste Management (WM) 2.9 $3.5M 74k 47.49
First Trust Large Cap Value Opp Fnd (FTA) 2.6 $3.1M 72k 42.47
iShares S&P US Pref Stock Idx Fnd (PFF) 2.5 $3.0M 76k 39.52
iShares Russell 2000 Index (IWM) 2.0 $2.4M 22k 109.33
Vanguard Emerging Markets ETF (VWO) 1.9 $2.3M 54k 41.71
Vanguard REIT ETF (VNQ) 1.8 $2.1M 30k 71.86
iShares MSCI EAFE Index Fund (EFA) 1.8 $2.1M 33k 64.13
Microsoft Corporation (MSFT) 1.4 $1.6M 35k 46.37
Vanguard Mid-Cap ETF (VO) 1.3 $1.6M 14k 117.32
General Electric Company 1.3 $1.6M 61k 25.62
Exxon Mobil Corporation (XOM) 1.3 $1.5M 16k 94.06
First Trust Value Line Dividend Indx Fnd (FVD) 1.3 $1.5M 67k 22.46
Johnson & Johnson (JNJ) 1.2 $1.5M 14k 106.62
iShares Dow Jones EPAC Sel Div Ind (IDV) 1.2 $1.5M 41k 35.79
WisdomTree SmallCap Dividend Fund (DES) 1.2 $1.4M 21k 64.92
Amgen (AMGN) 1.1 $1.3M 9.1k 140.47
Chevron Corporation (CVX) 1.1 $1.3M 11k 119.28
First Tr Exchange-traded Fd no amer energy (EMLP) 1.0 $1.2M 43k 27.16
E.I. du Pont de Nemours & Company 1.0 $1.2M 16k 71.79
Wal-Mart Stores (WMT) 0.9 $1.1M 15k 76.48
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.9 $1.1M 11k 105.30
International Business Machines (IBM) 0.9 $1.1M 5.7k 189.77
Intel Corporation (INTC) 0.9 $1.0M 30k 34.81
Ishares Core Msci Eafe Etf core msci eafe (IEFA) 0.9 $1.0M 18k 58.23
Pfizer (PFE) 0.8 $991k 34k 29.58
Verizon Communications (VZ) 0.8 $998k 20k 49.99
Pepsi (PEP) 0.8 $992k 11k 93.09
Schwab Intl Small Cap Equity ETF (SCHC) 0.8 $986k 32k 31.34
Wells Fargo & Company (WFC) 0.8 $942k 18k 51.89
WisdomTree MidCap Dividend Fund (DON) 0.8 $943k 12k 78.26
JPMorgan Chase & Co. (JPM) 0.8 $936k 16k 60.24
Williams Companies (WMB) 0.8 $891k 16k 55.36
CSX Corporation (CSX) 0.7 $830k 26k 32.05
Procter & Gamble Company (PG) 0.7 $815k 9.7k 83.73
Yum! Brands (YUM) 0.7 $797k 11k 72.00
Illinois Tool Works (ITW) 0.7 $782k 9.3k 84.45
Capital One Financial (COF) 0.6 $756k 9.3k 81.63
Home Depot (HD) 0.6 $705k 7.7k 91.70
Automatic Data Processing (ADP) 0.6 $700k 8.4k 83.11
Mondelez Int (MDLZ) 0.6 $700k 20k 34.24
ConocoPhillips (COP) 0.6 $682k 8.9k 76.50
Stryker Corporation (SYK) 0.5 $629k 7.8k 80.76
Foot Locker (FL) 0.5 $616k 11k 55.67
Apple (AAPL) 0.5 $624k 6.2k 100.81
Bristol Myers Squibb (BMY) 0.5 $608k 12k 51.20
Walt Disney Company (DIS) 0.5 $570k 6.4k 89.06
Schwab Strategic Tr us dividend eq (SCHD) 0.5 $570k 15k 38.56
Duke Energy (DUK) 0.5 $559k 7.5k 74.77
Tyco International Ltd S hs 0.5 $555k 13k 44.53
Gilead Sciences (GILD) 0.5 $550k 5.2k 106.49
PowerShares DB Com Indx Trckng Fund 0.5 $549k 24k 23.21
Wisdomtree Tr em lcl debt (ELD) 0.4 $531k 12k 44.58
Coca-Cola Company (KO) 0.4 $513k 12k 42.66
Lockheed Martin Corporation (LMT) 0.4 $510k 2.8k 182.86
MetLife (MET) 0.4 $512k 9.5k 53.74
iShares FTSE/Xinhua China 25 Index (FXI) 0.4 $503k 13k 38.30
American Express Company (AXP) 0.4 $490k 5.6k 87.48
Goldman Sachs (GS) 0.4 $479k 2.6k 183.60
Bank of America Corporation (BAC) 0.4 $482k 28k 17.04
Cisco Systems (CSCO) 0.4 $474k 19k 25.18
Merck & Co (MRK) 0.4 $484k 8.2k 59.32
WisdomTree Investments (WT) 0.4 $480k 42k 11.38
D First Tr Exchange-traded (FPE) 0.4 $471k 25k 18.85
iShares MSCI Emerging Markets Indx (EEM) 0.4 $446k 11k 41.55
Visa (V) 0.4 $448k 2.1k 213.33
Medtronic 0.4 $426k 6.9k 61.92
Halliburton Company (HAL) 0.4 $434k 6.7k 64.47
Chemical Financial Corporation 0.4 $430k 16k 26.82
Emerson Electric (EMR) 0.3 $421k 6.7k 62.59
Caterpillar (CAT) 0.3 $398k 4.0k 99.15
Semtech Corporation (SMTC) 0.3 $394k 15k 27.20
At&t (T) 0.3 $381k 11k 35.28
Nextera Energy (NEE) 0.3 $381k 4.1k 93.84
Schwab Strategic Tr us aggregate b (SCHZ) 0.3 $379k 7.3k 51.71
BP (BP) 0.3 $370k 8.4k 43.94
Altria (MO) 0.3 $370k 8.0k 45.94
Amazon (AMZN) 0.3 $358k 1.1k 322.52
iShares Russell 1000 Index (IWB) 0.3 $350k 3.2k 109.82
Charles Schwab Corporation (SCHW) 0.3 $334k 11k 29.38
Anadarko Petroleum Corporation 0.3 $336k 3.3k 101.45
United Technologies Corporation 0.3 $334k 3.2k 105.70
Ca 0.3 $340k 12k 27.94
Oracle Corporation (ORCL) 0.3 $329k 8.6k 38.25
Abbvie (ABBV) 0.3 $339k 5.9k 57.80
Intercontinental Exchange (ICE) 0.3 $329k 1.7k 195.25
Schwab Strategic Tr us lrg cap etf (SCHX) 0.3 $323k 6.9k 46.93
Stericycle (SRCL) 0.2 $299k 2.6k 116.57
Aetna 0.2 $282k 3.5k 81.10
iShares S&P 500 Index (IVV) 0.2 $273k 1.4k 198.40
Ford Motor Company (F) 0.2 $270k 18k 14.78
Zillow 0.2 $278k 2.4k 116.08
Adobe Systems Incorporated (ADBE) 0.2 $268k 3.9k 69.23
Allscripts Healthcare Solutions (MDRX) 0.2 $260k 19k 13.41
Vanguard Dividend Appreciation ETF (VIG) 0.2 $246k 3.2k 76.88
Schwab Emerging Markets Equity ETF (SCHE) 0.2 $250k 9.9k 25.36
Abbott Laboratories (ABT) 0.2 $236k 5.7k 41.53
3M Company (MMM) 0.2 $241k 1.7k 141.76
Thermo Fisher Scientific (TMO) 0.2 $243k 2.0k 121.50
Kraft Foods 0.2 $240k 4.2k 56.48
Texas Instruments Incorporated (TXN) 0.2 $230k 4.8k 47.61
SPDR Gold Trust (GLD) 0.2 $232k 2.0k 116.00
Travelers Companies (TRV) 0.2 $212k 2.3k 93.89
Union Pacific Corporation (UNP) 0.2 $217k 2.0k 108.50
Dow Chemical Company 0.2 $216k 4.1k 52.40
Fair Isaac Corporation (FICO) 0.2 $211k 3.8k 55.02
iShares S&P 100 Index (OEF) 0.2 $212k 2.4k 88.33
Schwab U S Small Cap ETF (SCHA) 0.2 $210k 4.1k 51.38
Navistar International Corporation 0.2 $205k 6.2k 32.91
iShares Russell 1000 Growth Index (IWF) 0.2 $204k 2.2k 91.60
Endo Pharm Holdings (ENDO) 0.2 $205k 3.0k 68.33
Dynacert Inc F 0.0 $5.8k 34k 0.17