ValMark Advisers

ValMark Advisers as of March 31, 2012

Portfolio Holdings for ValMark Advisers

ValMark Advisers holds 43 positions in its portfolio as reported in the March 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard FTSE All-World ex-US ETF (VEU) 11.6 $113M 2.5M 44.22
iShares S&P 500 Growth Index (IVW) 10.3 $100M 1.3M 75.37
iShares Barclays TIPS Bond Fund (TIP) 10.3 $100M 846k 117.65
iShares S&P 500 Value Index (IVE) 10.1 $98M 1.5M 64.93
iShares S&P MidCap 400 Index (IJH) 9.5 $92M 931k 99.22
iShares S&P SmallCap 600 Index (IJR) 8.0 $78M 1.0M 76.31
iShares IBoxx $ Invest Grade Corp Bd (LQD) 5.2 $51M 441k 115.63
iShares iBoxx $ High Yid Corp Bond (HYG) 4.2 $41M 449k 90.72
Spdr Index Shs Fds s^p global nat res (GNR) 3.4 $33M 618k 52.67
SPDR DB Int'l Govt Infl Pro Bond (WIP) 3.4 $33M 538k 60.45
SPDR DJ International Real Estate ETF (RWX) 2.8 $27M 730k 36.82
Wisdomtree Tr em lcl debt (ELD) 2.6 $25M 478k 51.89
iShares Lehman 7-10 Yr Treas. Bond (IEF) 2.4 $24M 229k 103.28
SPDR DJ Wilshire REIT (RWR) 2.4 $23M 323k 70.83
Vanguard Emerging Markets ETF (VWO) 2.2 $21M 493k 43.47
SPDR Barclays Cptl Shrt Term Corp Bd ETF (SPSB) 2.0 $19M 625k 30.53
Claymore Beacon Global Timber Index 1.9 $18M 955k 18.84
Vanguard FTSE All Wld Ex USSml Cap (VSS) 1.9 $18M 203k 88.97
First Trust BICK Index Fund ETF 1.5 $15M 551k 26.28
Powershares Senior Loan Portfo mf 1.4 $13M 544k 24.58
iShares Lehman 3-7 Yr Treasury Bond (IEI) 0.5 $4.3M 36k 120.99
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.4 $4.3M 51k 84.33
Vanguard Energy ETF (VDE) 0.3 $3.3M 31k 105.19
Vanguard Materials ETF (VAW) 0.3 $3.2M 39k 82.22
Sherwin-Williams Company (SHW) 0.2 $2.3M 21k 108.68
SPDR Nuveen Barclays Capital Municpl Bnd 0.2 $1.7M 71k 23.84
Vanguard Europe Pacific ETF (VEA) 0.2 $1.6M 46k 34.03
SPDR S&P China (GXC) 0.1 $1.4M 20k 68.36
iShares MSCI Brazil Index (EWZ) 0.1 $1.2M 19k 64.64
WisdomTree India Earnings Fund (EPI) 0.1 $1.2M 64k 19.28
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.1 $1.1M 11k 109.37
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 0.1 $772k 32k 24.37
Merck & Co (MRK) 0.1 $542k 14k 38.42
Flexshares Tr iboxx 3r targt (TDTT) 0.1 $548k 22k 25.36
At&t (T) 0.1 $482k 15k 31.24
iShares Dow Jones Select Dividend (DVY) 0.0 $431k 7.7k 55.92
Exxon Mobil Corporation (XOM) 0.0 $288k 3.3k 86.72
General Electric Company 0.0 $297k 15k 20.04
International Business Machines (IBM) 0.0 $303k 1.5k 208.53
Procter & Gamble Company (PG) 0.0 $291k 4.3k 67.25
Vanguard Dividend Appreciation ETF (VIG) 0.0 $307k 5.2k 58.58
iShares S&P US Pref Stock Idx Fnd (PFF) 0.0 $314k 8.1k 39.00
Fifth Third Ban (FITB) 0.0 $175k 13k 14.03