Alerus Investment Advisors as of June 30, 2013
Portfolio Holdings for Alerus Investment Advisors
Alerus Investment Advisors holds 171 positions in its portfolio as reported in the June 2013 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Spdr S&p 500 Etf (SPY) | 5.2 | $34M | 211k | 160.43 | |
| iShares S&P 500 Index (IVV) | 4.6 | $30M | 186k | 161.59 | |
| Vanguard S&p 500 | 3.4 | $22M | 302k | 73.60 | |
| iShares Dow Jones Select Dividend (DVY) | 2.7 | $18M | 229k | 77.10 | |
| Microsoft Corporation (MSFT) | 2.4 | $15M | 445k | 34.54 | |
| iShares MSCI EAFE Index Fund (EFA) | 2.3 | $15M | 260k | 56.57 | |
| iShares Russell 2000 Index (IWM) | 2.3 | $15M | 151k | 97.52 | |
| Vanguard Europe Pacific ETF (VEA) | 2.1 | $14M | 390k | 35.65 | |
| Vanguard Small-Cap ETF (VB) | 2.1 | $14M | 144k | 94.97 | |
| Vanguard REIT ETF (VNQ) | 2.0 | $13M | 193k | 68.72 | |
| iShares IBoxx $ Invest Grade Corp Bd (LQD) | 2.0 | $13M | 113k | 113.69 | |
| Wells Fargo & Company (WFC) | 1.9 | $12M | 293k | 41.28 | |
| JPMorgan Chase & Co. (JPM) | 1.9 | $12M | 228k | 52.80 | |
| iShares Lehman Aggregate Bond (AGG) | 1.7 | $11M | 101k | 107.21 | |
| Apple Computer | 1.6 | $11M | 27k | 396.71 | |
| General Electric Company | 1.6 | $10M | 441k | 23.20 | |
| Chevron Corporation (CVX) | 1.5 | $9.7M | 82k | 118.37 | |
| Express Scripts Holding | 1.3 | $8.7M | 140k | 61.74 | |
| Walt Disney Company (DIS) | 1.3 | $8.3M | 132k | 63.16 | |
| 1.3 | $8.3M | 9.4k | 880.31 | ||
| Utilities SPDR (XLU) | 1.3 | $8.2M | 219k | 37.63 | |
| Johnson & Johnson (JNJ) | 1.2 | $8.0M | 93k | 86.09 | |
| iShares S&P MidCap 400 Index (IJH) | 1.2 | $7.9M | 68k | 116.75 | |
| Exxon Mobil Corporation (XOM) | 1.2 | $7.9M | 87k | 90.36 | |
| Wal-Mart Stores (WMT) | 1.2 | $7.7M | 104k | 74.51 | |
| Prudential Financial (PRU) | 1.2 | $7.5M | 103k | 73.07 | |
| Cisco Systems (CSCO) | 1.1 | $7.5M | 306k | 24.35 | |
| Procter & Gamble Company (PG) | 1.1 | $7.4M | 96k | 77.05 | |
| McDonald's Corporation (MCD) | 1.1 | $7.2M | 73k | 99.00 | |
| Eaton (ETN) | 1.1 | $6.8M | 104k | 65.82 | |
| iShares NASDAQ Biotechnology Index (IBB) | 1.0 | $6.6M | 38k | 173.90 | |
| iShares MSCI Emerging Markets Indx (EEM) | 1.0 | $6.5M | 170k | 38.52 | |
| Vanguard Mid-Cap ETF (VO) | 1.0 | $6.6M | 69k | 95.16 | |
| EMC Corporation | 1.0 | $6.2M | 263k | 23.62 | |
| Philip Morris International (PM) | 0.9 | $6.0M | 69k | 86.63 | |
| At&t (T) | 0.9 | $5.8M | 165k | 35.40 | |
| Qualcomm (QCOM) | 0.9 | $5.8M | 95k | 61.10 | |
| Berkshire Hath-cl B | 0.9 | $5.8M | 52k | 111.72 | |
| CVS Caremark Corporation (CVS) | 0.9 | $5.7M | 100k | 57.18 | |
| Oracle Corporation (ORCL) | 0.9 | $5.7M | 185k | 30.72 | |
| iShares Barclays TIPS Bond Fund (TIP) | 0.9 | $5.7M | 51k | 112.02 | |
| American Express | 0.9 | $5.6M | 75k | 75.00 | |
| Apache Corp Com Stk | 0.9 | $5.7M | 68k | 83.83 | |
| Mondelez Int (MDLZ) | 0.9 | $5.6M | 197k | 28.53 | |
| Pepsi (PEP) | 0.9 | $5.5M | 68k | 81.82 | |
| Pfizer (PFE) | 0.8 | $5.4M | 194k | 28.02 | |
| Halliburton Company (HAL) | 0.8 | $5.5M | 131k | 41.73 | |
| Cardinal Health (CAH) | 0.8 | $5.3M | 113k | 47.19 | |
| Verizon Communications (VZ) | 0.8 | $5.3M | 105k | 50.34 | |
| Starwood Hotels & Resorts Worldwide | 0.8 | $5.3M | 84k | 63.19 | |
| iShares iBoxx $ High Yid Corp Bond (HYG) | 0.8 | $5.3M | 59k | 91.01 | |
| Comcast Corporation (CMCSA) | 0.8 | $5.1M | 123k | 41.75 | |
| E.I. du Pont de Nemours & Company | 0.8 | $5.0M | 95k | 52.54 | |
| Cognizant Technology Solutions (CTSH) | 0.7 | $4.8M | 76k | 62.64 | |
| Target Corporation (TGT) | 0.7 | $4.8M | 69k | 68.87 | |
| Nike (NKE) | 0.7 | $4.6M | 73k | 63.69 | |
| UnitedHealth (UNH) | 0.7 | $4.5M | 69k | 65.49 | |
| State Street Corporation (STT) | 0.7 | $4.5M | 69k | 65.21 | |
| Abbott Laboratories | 0.7 | $4.5M | 129k | 34.88 | |
| United Technologies Corporation | 0.7 | $4.4M | 47k | 92.95 | |
| Danaher Corporation (DHR) | 0.7 | $4.4M | 70k | 63.31 | |
| Honeywell International (HON) | 0.7 | $4.3M | 55k | 79.35 | |
| BlackRock | 0.7 | $4.2M | 16k | 257.07 | |
| Norfolk Southern (NSC) | 0.7 | $4.2M | 58k | 72.66 | |
| National-Oilwell Var | 0.6 | $4.2M | 61k | 68.89 | |
| BECTON DICKINSON & CO Com Stk | 0.6 | $4.2M | 42k | 98.84 | |
| TJX Companies (TJX) | 0.6 | $4.1M | 82k | 50.06 | |
| Schlumberger (SLB) | 0.6 | $4.0M | 56k | 71.66 | |
| Boeing | 0.6 | $4.0M | 39k | 102.46 | |
| Monsanto Company | 0.6 | $3.9M | 40k | 98.80 | |
| Covidien | 0.6 | $4.0M | 63k | 62.83 | |
| Praxair | 0.6 | $3.8M | 33k | 115.15 | |
| Accenture (ACN) | 0.6 | $3.8M | 53k | 71.97 | |
| Visa (V) | 0.6 | $3.8M | 21k | 182.76 | |
| Coca-Cola Company (KO) | 0.6 | $3.6M | 89k | 40.11 | |
| Broadcom Corporation | 0.5 | $3.5M | 103k | 33.79 | |
| Suncor Energy (SU) | 0.5 | $3.3M | 112k | 29.48 | |
| U.S. Bancorp (USB) | 0.5 | $3.1M | 87k | 36.15 | |
| Cme (CME) | 0.5 | $3.0M | 40k | 75.95 | |
| F5 Networks (FFIV) | 0.4 | $2.6M | 38k | 68.84 | |
| iShares FTSE Developed Small Cap ex-Nor (IEUS) | 0.3 | $2.3M | 61k | 37.01 | |
| Teva Pharmaceutical Industries (TEVA) | 0.3 | $2.2M | 56k | 39.20 | |
| SPDR S&P International Small Cap (GWX) | 0.3 | $2.2M | 77k | 28.84 | |
| Ultrapro Short S&p 500 Proshar | 0.3 | $2.2M | 89k | 24.72 | |
| Coach | 0.3 | $2.1M | 37k | 57.07 | |
| Vanguard High Dividend Yield ETF (VYM) | 0.3 | $2.1M | 36k | 58.93 | |
| ProShares UltraShort Euro (EUO) | 0.3 | $2.2M | 112k | 19.29 | |
| Altria (MO) | 0.2 | $1.5M | 42k | 35.00 | |
| iShares Barclays 1-3 Year Cred Bd Fd ETF (IGSB) | 0.2 | $1.4M | 13k | 105.17 | |
| Medtronic | 0.2 | $1.2M | 23k | 51.49 | |
| iShares S&P 500 Growth Index (IVW) | 0.2 | $1.2M | 13k | 88.55 | |
| iShares S&P 500 Value Index (IVE) | 0.2 | $1.0M | 13k | 79.65 | |
| iShares 2015 S&P AMT-Free Mun Ser ETF | 0.2 | $1.0M | 20k | 52.99 | |
| First Advantage Ban (FABK) | 0.1 | $1.0M | 79k | 12.75 | |
| General Mills (GIS) | 0.1 | $769k | 16k | 48.68 | |
| Vanguard Small-Cap Growth ETF (VBK) | 0.1 | $766k | 7.0k | 109.55 | |
| Vanguard Small-Cap Value ETF (VBR) | 0.1 | $724k | 8.1k | 89.18 | |
| iShares S&P SmallCap 600 Index (IJR) | 0.1 | $727k | 7.6k | 96.29 | |
| Intel Corporation (INTC) | 0.1 | $676k | 28k | 24.17 | |
| ConocoPhillips (COP) | 0.1 | $642k | 11k | 60.70 | |
| iShares Cohen & Steers Realty Maj. (ICF) | 0.1 | $639k | 7.8k | 82.17 | |
| Ecolab (ECL) | 0.1 | $562k | 6.6k | 85.15 | |
| Home Depot (HD) | 0.1 | $579k | 7.5k | 77.51 | |
| Emerson Electric (EMR) | 0.1 | $569k | 10k | 54.65 | |
| International Business Machines (IBM) | 0.1 | $587k | 3.1k | 191.08 | |
| Merck & Co (MRK) | 0.1 | $581k | 13k | 46.50 | |
| W.W. Grainger (GWW) | 0.1 | $546k | 2.2k | 252.31 | |
| Rbc Cad (RY) | 0.1 | $517k | 8.8k | 58.48 | |
| CurrencyShares Japanese Yen Trust | 0.1 | $490k | 5.0k | 98.59 | |
| Abbvie (ABBV) | 0.1 | $490k | 12k | 41.53 | |
| CurrencyShares Australian Dollar Trust | 0.1 | $470k | 5.1k | 91.62 | |
| Abb Ltd- | 0.1 | $459k | 21k | 21.68 | |
| Time Warner Cable | 0.1 | $359k | 3.2k | 112.72 | |
| Colgate-Palmolive Company (CL) | 0.1 | $344k | 6.0k | 57.33 | |
| Southern Company (SO) | 0.1 | $297k | 6.7k | 44.17 | |
| BLACK HILLS CORP COM Stk | 0.1 | $319k | 6.5k | 48.81 | |
| SIFCO Industries (SIF) | 0.1 | $341k | 21k | 16.18 | |
| Consolidated Edison (ED) | 0.0 | $263k | 4.5k | 58.41 | |
| Nextera Energy (NEE) | 0.0 | $275k | 3.4k | 81.36 | |
| Royal Dutch Shell | 0.0 | $233k | 3.6k | 63.99 | |
| Total (TTE) | 0.0 | $269k | 5.5k | 48.98 | |
| Gilead Sciences (GILD) | 0.0 | $238k | 4.6k | 51.29 | |
| IntercontinentalEx.. | 0.0 | $275k | 1.5k | 177.99 | |
| CF Industries Holdings (CF) | 0.0 | $270k | 1.6k | 171.43 | |
| Nucor Corporation (NUE) | 0.0 | $212k | 4.9k | 43.27 | |
| MDU Resources (MDU) | 0.0 | $210k | 8.1k | 25.87 | |
| iShares S&P Natl AMTFr Mncpl Bd (MUB) | 0.0 | $200k | 1.9k | 104.11 | |
| Vanguard Emerging Markets ETF (VWO) | 0.0 | $188k | 4.8k | 39.25 | |
| Duke Energy (DUK) | 0.0 | $222k | 3.3k | 67.72 | |
| Ishares Tr 2017 s^p amtfr | 0.0 | $129k | 2.4k | 54.59 | |
| NuStar Energy | 0.0 | $52k | 1.1k | 45.41 | |
| WisdomTree Emerging Mkts Small Cp Div (DGS) | 0.0 | $51k | 1.1k | 46.15 | |
| Vanguard Growth ETF (VUG) | 0.0 | $39k | 476.00 | 81.93 | |
| Vanguard Dividend Appreciation ETF (VIG) | 0.0 | $48k | 694.00 | 69.16 | |
| SPDR DJ Wilshire REIT (RWR) | 0.0 | $36k | 463.00 | 77.75 | |
| iShares JPMorgan USD Emer Mkt Bnd Fd ETF (EMB) | 0.0 | $75k | 685.00 | 109.49 | |
| WisdomTree Emerging Markets Eq (DEM) | 0.0 | $48k | 970.00 | 49.48 | |
| Boardwalk Pipeline | 0.0 | $79k | 2.5k | 31.73 | |
| Vanguard Total Bond Total Market etf | 0.0 | $58k | 720.00 | 80.56 | |
| Spectra Energy | 0.0 | $10k | 270.00 | 37.04 | |
| Commercial Metals Company (CMC) | 0.0 | $1.0k | 50.00 | 20.00 | |
| Ford Motor Company (F) | 0.0 | $7.0k | 400.00 | 17.50 | |
| Spartan Motors | 0.0 | $5.0k | 742.00 | 6.74 | |
| Oneok Partners | 0.0 | $22k | 444.00 | 49.55 | |
| PowerShares QQQ Trust, Series 1 | 0.0 | $16k | 200.00 | 80.00 | |
| iShares Russell 1000 Growth Index (IWF) | 0.0 | $8.0k | 102.00 | 78.43 | |
| iShares S&P 100 Index (OEF) | 0.0 | $12k | 160.00 | 75.00 | |
| iShares Russell Midcap Index Fund (IWR) | 0.0 | $3.0k | 24.00 | 125.00 | |
| iShares Russell 2000 Value Index (IWN) | 0.0 | $22k | 240.00 | 91.67 | |
| iShares Russell 2000 Growth Index (IWO) | 0.0 | $24k | 198.00 | 121.21 | |
| Vanguard Total Stock Market ETF (VTI) | 0.0 | $12k | 139.00 | 86.33 | |
| ING Global Equity Divid.&Premium Opp-ETF | 0.0 | $4.0k | 375.00 | 10.67 | |
| Liberty All-Star Equity Fund (USA) | 0.0 | $31k | 5.5k | 5.63 | |
| SPDR Barclays Capital Intl Tresy Bd ETF (BWX) | 0.0 | $11k | 200.00 | 55.00 | |
| Vanguard Information Technology ETF (VGT) | 0.0 | $11k | 140.00 | 78.57 | |
| iShares MSCI BRIC Index Fund (BKF) | 0.0 | $3.0k | 100.00 | 30.00 | |
| iShares S&P/Citi Intl Treasury Bond (IGOV) | 0.0 | $30k | 300.00 | 100.00 | |
| Barclays Bank | 0.0 | $5.0k | 200.00 | 25.00 | |
| John Hancock Patriot Premium Div Fund II (PDT) | 0.0 | $5.0k | 405.00 | 12.35 | |
| Wisdomtree Tr em lcl debt (ELD) | 0.0 | $32k | 662.00 | 48.34 | |
| Nuveen Tax-Advantaged Dividend Growth | 0.0 | $12k | 800.00 | 15.00 | |
| Western Asset Municipal Hgh Incm Fnd (MHF) | 0.0 | $4.0k | 600.00 | 6.67 | |
| iShares S&P Conservative Allocatn Fd ETF (AOK) | 0.0 | $31k | 1.0k | 31.00 | |
| BlackRock MuniYield Michigan Insured Fnd (MIY) | 0.0 | $4.0k | 300.00 | 13.33 | |
| Cbre Clarion Global Real Estat re (IGR) | 0.0 | $7.0k | 798.00 | 8.77 | |
| Adams Express | 0.0 | $6.0k | 501.00 | 11.98 | |
| John Hancock Hdg Eq & Inc (HEQ) | 0.0 | $5.0k | 325.00 | 15.38 | |
| Ishares Inc ctr wld minvl (ACWV) | 0.0 | $3.0k | 50.00 | 60.00 | |
| Directv | 0.0 | $9.0k | 148.00 | 60.81 | |
| Zoetis Inc Cl A (ZTS) | 0.0 | $5.0k | 165.00 | 30.30 | |
| Vanguard Ftse All-world Ex-us etf | 0.0 | $4.0k | 86.00 | 46.51 |
