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

Empirical Financial Services, LLC d/b/a Empirical Wealth Management as of Dec. 31, 2011

Portfolio Holdings for Empirical Financial Services, LLC d/b/a Empirical Wealth Management

Empirical Financial Services, LLC d/b/a Empirical Wealth Management holds 33 positions in its portfolio as reported in the December 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) 17.8 $25M 238k 104.20
iShares Barclays TIPS Bond Fund (TIP) 14.2 $20M 170k 116.69
Pimco Etf Tr 1-3yr ustreidx 10.6 $15M 289k 51.12
Vanguard Short-Term Bond ETF (BSV) 7.2 $10M 123k 80.84
iShares Lehman 3-7 Yr Treasury Bond (IEI) 6.8 $9.4M 77k 122.04
Schwab Strategic Tr 0 (SCHP) 6.5 $9.1M 164k 55.62
Barclays Bk Plc Ipspgs Ttl Etn etf 6.2 $8.7M 257k 33.75
Vanguard Large-Cap ETF (VV) 5.7 $7.9M 138k 57.30
Schwab Strategic Tr us lrg cap etf (SCHX) 4.2 $5.9M 199k 29.85
Vanguard REIT ETF (VNQ) 3.3 $4.6M 79k 57.99
Vanguard Short Term Corporate Bond ETF (VCSH) 3.0 $4.2M 54k 77.86
Vanguard Total Stock Market ETF (VTI) 2.6 $3.6M 57k 64.30
Vanguard Europe Pacific ETF (VEA) 2.0 $2.8M 91k 30.63
Vanguard Intermediate Tm Cpte Bd ETF (VCIT) 1.8 $2.5M 31k 82.38
Vanguard Emerging Markets ETF (VWO) 1.6 $2.2M 58k 38.21
SPDR DJ Wilshire REIT (RWR) 0.9 $1.2M 19k 64.40
Vanguard Total World Stock Idx (VT) 0.7 $979k 23k 43.20
iShares MSCI EAFE Index Fund (EFA) 0.7 $929k 19k 49.55
Microsoft Corporation (MSFT) 0.6 $853k 33k 25.95
Vanguard Value ETF (VTV) 0.4 $563k 11k 52.49
SPDR Dow Jones Global Real Estate (RWO) 0.4 $524k 15k 34.89
iShares S&P World Ex-US Prop Index (WPS) 0.3 $484k 18k 27.55
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.3 $467k 5.5k 84.43
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.3 $438k 13k 34.76
Schwab International Equity ETF (SCHF) 0.3 $411k 18k 23.43
iShares Russell Microcap Index (IWC) 0.3 $393k 8.8k 44.70
iShares MSCI Emerging Markets Indx (EEM) 0.2 $329k 8.7k 37.99
Pepsi (PEP) 0.2 $338k 5.1k 66.26
Pimco Etf Tr 0-5 high yield (HYS) 0.2 $329k 3.3k 98.27
Vanguard Intl Equity Index F glb ex us etf (VNQI) 0.2 $296k 7.3k 40.75
iShares iBoxx $ High Yid Corp Bond (HYG) 0.2 $247k 2.8k 89.36
SPDR S&P Emerging Markets Small Cap (EWX) 0.2 $226k 6.0k 37.74
Zagg 0.1 $106k 15k 7.07