Empirical Financial Services, LLC d/b/a Empirical Wealth Management

Empirical Financial Services as of March 31, 2014

Portfolio Holdings for Empirical Financial Services

Empirical Financial Services holds 98 positions in its portfolio as reported in the March 2014 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Short Term Corporate Bond ETF (VCSH) 19.8 $75M 939k 79.98
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 12.0 $45M 535k 84.98
Schwab Strategic Tr us lrg cap etf (SCHX) 7.2 $27M 607k 44.71
Pimco Etf Tr 1-3yr ustreidx 7.0 $27M 524k 50.87
Schwab Strategic Tr 0 (SCHP) 6.3 $24M 443k 53.95
Barclays Bk Plc Ipspgs Ttl Etn etf 5.0 $19M 566k 33.49
Vanguard REIT ETF (VNQ) 3.9 $15M 208k 70.62
Vanguard Europe Pacific ETF (VEA) 3.7 $14M 342k 41.27
Vanguard Large-Cap ETF (VV) 3.1 $12M 136k 86.02
Ishares Inc core msci emkt (IEMG) 2.6 $10M 205k 49.08
iShares Barclays TIPS Bond Fund (TIP) 2.3 $8.7M 78k 112.10
Pimco Etf Tr 0-5 high yield (HYS) 1.9 $7.2M 67k 106.61
Spdr Short-term High Yield mf (SJNK) 1.6 $6.3M 203k 30.97
iShares S&P Natl AMTFr Mncpl Bd (MUB) 1.6 $6.2M 58k 107.06
Vanguard Total Stock Market ETF (VTI) 1.2 $4.5M 46k 97.47
PowerShares VRDO Tax Free Weekly Por ETF 0.9 $3.3M 131k 24.99
Schwab Strategic Tr us aggregate b (SCHZ) 0.8 $3.0M 59k 51.14
Claymore Exchange-traded Fd gugg crp bd 2016 0.7 $2.5M 114k 22.37
Claymore Exchange-traded Fd gugg crp bd 2014 0.7 $2.5M 116k 21.17
Guggenheim Bulletshar 0.6 $2.4M 111k 21.89
Spdr Series Trust cmn (HYMB) 0.6 $2.4M 44k 54.66
Schwab Emerging Markets Equity ETF (SCHE) 0.6 $2.3M 96k 24.33
Claymore Exchange-traded Fd gugg crp bd 2017 0.6 $2.2M 99k 22.81
Claymore Exchange Trd Fd Tr gug bull2018 e 0.6 $2.2M 104k 21.06
Vanguard Short-Term Bond ETF (BSV) 0.6 $2.1M 27k 80.10
Claymore Exchange Trd Fd Tr gug bull2019 e 0.5 $2.0M 96k 20.89
Claymore Exchange Trd Fd Tr gug bull2020 e 0.5 $2.0M 96k 20.88
Schwab International Equity ETF (SCHF) 0.5 $1.9M 59k 31.49
iShares MSCI EAFE Index Fund (EFA) 0.5 $1.8M 27k 67.20
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 0.5 $1.8M 17k 105.48
Market Vectors High Yield Muni. Ind 0.5 $1.7M 58k 29.55
iShares Lehman Aggregate Bond (AGG) 0.4 $1.6M 15k 107.91
Spdr Series Trust brcly em locl (EBND) 0.4 $1.6M 56k 29.65
Ishares Inc msci frntr 100 (FM) 0.4 $1.7M 46k 36.26
Vanguard Intl Equity Index F glb ex us etf (VNQI) 0.4 $1.5M 29k 54.07
SPDR DJ Wilshire REIT (RWR) 0.4 $1.5M 19k 78.00
Vanguard Total World Stock Idx (VT) 0.4 $1.4M 24k 59.68
Market Vectors-Inter. Muni. Index 0.4 $1.4M 61k 22.77
SPDR Barclay Cp Intr Trm Cr Bd (SPIB) 0.4 $1.4M 41k 33.99
Vanguard Malvern Fds strm infproidx (VTIP) 0.3 $1.3M 27k 49.32
Microsoft Corporation (MSFT) 0.3 $1.3M 31k 40.97
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 0.3 $1.2M 48k 24.26
Apple (AAPL) 0.3 $1.1M 2.0k 536.63
Wisdomtree Tr em lcl debt (ELD) 0.3 $1.1M 24k 45.88
iShares MSCI Emerging Markets Indx (EEM) 0.2 $939k 23k 41.02
Claymore Exchange Trd Fd Tr gugg bulsh 2021 0.2 $962k 47k 20.61
Vanguard Value ETF (VTV) 0.2 $930k 12k 78.11
iShares S&P World Ex-US Prop Index (WPS) 0.2 $879k 24k 36.42
LSI Corporation 0.2 $817k 74k 11.07
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.2 $706k 8.4k 84.44
iShares Russell Microcap Index (IWC) 0.2 $703k 9.1k 77.28
Guggenheim Bulletshs Etf equity 0.2 $721k 27k 27.04
Guggenheim Bulletshs Etf equity 0.2 $704k 27k 26.54
Claymore Etf gug blt2016 hy 0.2 $716k 26k 27.31
Vanguard High Dividend Yield ETF (VYM) 0.2 $673k 11k 63.14
SPDR Dow Jones Global Real Estate (RWO) 0.2 $671k 15k 43.71
Claymore Etf gug blt2017 hy 0.2 $668k 24k 27.50
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.2 $660k 5.5k 120.75
Claymore Exchange Trd Fd Tr gug blt2018 hy 0.2 $650k 24k 27.34
Spdr S&p 500 Etf (SPY) 0.2 $600k 3.2k 187.09
General Electric Company 0.2 $601k 23k 25.89
3M Company (MMM) 0.2 $598k 4.4k 135.69
Claymore Exchange Trd Fd Tr gug bul 2019 hy 0.2 $591k 23k 26.29
Procter & Gamble Company (PG) 0.1 $564k 7.0k 80.57
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.1 $564k 11k 52.19
ConocoPhillips (COP) 0.1 $549k 7.8k 70.29
Bank of America Corporation (BAC) 0.1 $489k 28k 17.19
SPDR Barclays Cptl Shrt Term Corp Bd ETF (SPSB) 0.1 $458k 15k 30.77
WisdomTree SmallCap Dividend Fund (DES) 0.1 $455k 6.7k 68.33
PIMCO Broad US TIPS Index Fund (TIPZ) 0.1 $436k 7.8k 56.21
Chevron Corporation (CVX) 0.1 $377k 3.2k 119.00
Amgen (AMGN) 0.1 $398k 3.2k 123.30
Starbucks Corporation (SBUX) 0.1 $367k 5.0k 73.41
Spdr Series Trust nuvn s^p vrdo mn 0.1 $383k 13k 29.96
Vanguard Total Bond Market ETF (BND) 0.1 $323k 4.0k 81.22
SPDR S&P Emerging Markets Small Cap (EWX) 0.1 $332k 7.0k 47.47
SPDR S&P International Dividend (DWX) 0.1 $359k 7.4k 48.53
Petroleum & Resources Corporation 0.1 $323k 12k 27.96
iShares S&P SmallCap 600 Index (IJR) 0.1 $290k 2.6k 109.97
Vanguard Emerging Markets ETF (VWO) 0.1 $289k 7.1k 40.54
WisdomTree Intl. SmallCap Div (DLS) 0.1 $318k 4.9k 64.94
Coca-Cola Company (KO) 0.1 $254k 6.6k 38.64
WisdomTree Emerging Markets Eq (DEM) 0.1 $250k 5.1k 48.97
Zagg 0.1 $250k 54k 4.63
Ishares Tr 2017 s^p amtfr 0.1 $249k 4.5k 55.10
Johnson & Johnson (JNJ) 0.1 $232k 2.4k 98.22
Walt Disney Company (DIS) 0.1 $246k 3.1k 80.08
Boeing Company (BA) 0.1 $239k 1.9k 125.26
Merck & Co (MRK) 0.1 $218k 3.8k 56.87
iShares S&P 500 Index (IVV) 0.1 $234k 1.2k 187.80
iShares S&P Cal AMTFr Mncpl Bnd (CMF) 0.1 $225k 2.0k 113.18
iShares 2014 S&P AMT-Free Mun Ser ETF 0.1 $242k 4.7k 51.22
iShares 2015 S&P AMT-Free Mun Ser ETF 0.1 $217k 4.1k 52.99
Facebook Inc cl a (META) 0.1 $238k 3.9k 60.33
iShares IBoxx $ Invest Grade Corp Bd (LQD) 0.1 $206k 1.8k 117.05
Opko Health (OPK) 0.1 $186k 20k 9.30
iShares 2016 S&P AMT-Free Mun Ser ETF 0.1 $204k 3.8k 53.54
Ishares S&p Amt-free Municipal 0.1 $201k 7.9k 25.40