ValMark Advisers

Valmark Advisers as of March 31, 2014

Portfolio Holdings for Valmark Advisers

Valmark Advisers holds 54 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 FTSE All-World ex-US ETF (VEU) 12.7 $493M 9.8M 50.31
iShares S&P 500 Growth Index (IVW) 10.6 $413M 4.1M 99.84
iShares S&P MidCap 400 Index (IJH) 9.9 $387M 2.8M 137.47
iShares S&P 500 Value Index (IVE) 9.6 $374M 4.3M 86.90
iShares S&P SmallCap 600 Index (IJR) 8.6 $336M 3.1M 110.14
Flexshares Tr iboxx 3r targt (TDTT) 7.7 $298M 12M 24.93
iShares IBoxx $ Invest Grade Corp Bd (LQD) 4.6 $179M 1.5M 116.94
iShares iBoxx $ High Yid Corp Bond (HYG) 4.3 $166M 1.8M 94.39
Vanguard Emerging Markets ETF (VWO) 4.0 $156M 3.8M 40.58
PIMCO 1-5 Year US TIPS Index Fund (STPZ) 3.1 $121M 2.3M 52.94
SPDR DJ International Real Estate ETF (RWX) 2.9 $113M 2.8M 41.17
Flexshares Tr mornstar upstr (GUNR) 2.9 $113M 3.2M 35.06
Wisdomtree Tr em lcl debt (ELD) 2.6 $101M 2.2M 45.87
SPDR DJ Wilshire REIT (RWR) 2.3 $90M 1.1M 78.03
iShares Lehman 3-7 Yr Treasury Bond (IEI) 2.1 $80M 666k 120.71
Vanguard FTSE All Wld Ex USSml Cap (VSS) 2.0 $78M 728k 106.86
SPDR Barclays Cptl Shrt Term Corp Bd ETF (SPSB) 1.9 $75M 2.4M 30.76
Claymore Beacon Global Timber Index 1.8 $71M 2.8M 25.31
SPDR DB Int'l Govt Infl Pro Bond (WIP) 1.7 $68M 1.1M 60.09
Powershares Senior Loan Portfo mf 1.4 $56M 2.2M 24.81
Vanguard Materials ETF (VAW) 0.7 $25M 237k 106.31
Vanguard Energy ETF (VDE) 0.6 $25M 195k 128.41
SPDR S&P China (GXC) 0.5 $20M 276k 72.71
Ishares Tr fltg rate nt (FLOT) 0.4 $16M 321k 50.71
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.2 $8.0M 95k 84.45
Sherwin-Williams Company (SHW) 0.1 $4.6M 23k 197.13
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.1 $4.3M 43k 101.36
Pimco Etf Tr 0-5 high yield (HYS) 0.1 $4.2M 40k 106.61
SPDR Nuveen Barclays Capital Municpl Bnd 0.1 $1.9M 81k 23.25
Spdr Index Shs Fds s^p global nat res (GNR) 0.1 $2.1M 41k 50.33
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.0 $1.6M 15k 107.05
Vanguard Europe Pacific ETF (VEA) 0.0 $977k 24k 41.27
iShares Dow Jones Select Dividend (DVY) 0.0 $756k 10k 73.28
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 0.0 $791k 33k 24.25
Exxon Mobil Corporation (XOM) 0.0 $368k 3.8k 97.77
Apple (AAPL) 0.0 $490k 913.00 536.69
International Business Machines (IBM) 0.0 $331k 1.7k 192.67
Procter & Gamble Company (PG) 0.0 $293k 3.6k 80.65
SPDR Gold Trust (GLD) 0.0 $247k 2.0k 123.44
Illumina (ILMN) 0.0 $442k 3.0k 148.52
Kinder Morgan Energy Partners 0.0 $224k 3.0k 73.83
Utilities SPDR (XLU) 0.0 $360k 8.7k 41.50
Vanguard Dividend Appreciation ETF (VIG) 0.0 $391k 5.2k 75.18
iShrs S&P ShtTrm Ntnl AMTFr MncplBnf ETF (SUB) 0.0 $420k 4.0k 106.28
iShares S&P US Pref Stock Idx Fnd (PFF) 0.0 $517k 13k 38.99
iShares Dow Jones EPAC Sel Div Ind (IDV) 0.0 $242k 6.3k 38.61
SPDR Barclays Capital Convertible SecETF (CWB) 0.0 $251k 5.2k 48.46
WisdomTree LargeCap Dividend Fund (DLN) 0.0 $239k 3.5k 67.55
iShares 2015 S&P AMT-Free Mun Ser ETF 0.0 $387k 7.3k 53.11
iShares 2016 S&P AMT-Free Mun Ser ETF 0.0 $505k 9.4k 53.52
Ishares Tr 2017 s^p amtfr 0.0 $336k 6.1k 55.14
Liberator Medical Hld 0.0 $257k 66k 3.92
Pengrowth Energy Corp 0.0 $61k 10k 6.10
Cesca Therapeutics 0.0 $37k 22k 1.69