ValMark Advisers

Valmark Advisers as of Sept. 30, 2014

Portfolio Holdings for Valmark Advisers

Valmark Advisers holds 52 positions in its portfolio as reported in the September 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) 12.6 $527M 11M 49.24
iShares S&P 500 Value Index (IVE) 11.6 $486M 5.4M 90.07
iShares S&P 500 Growth Index (IVW) 10.8 $452M 4.2M 106.82
iShares S&P MidCap 400 Index (IJH) 8.3 $345M 2.5M 136.74
iShares S&P SmallCap 600 Index (IJR) 8.1 $339M 3.2M 104.30
Flexshares Tr iboxx 3r targt (TDTT) 7.6 $318M 13M 24.71
iShares IBoxx $ Invest Grade Corp Bd (LQD) 4.7 $194M 1.6M 118.22
iShares iBoxx $ High Yid Corp Bond (HYG) 4.3 $179M 1.9M 91.95
Vanguard Emerging Markets ETF (VWO) 4.1 $170M 4.1M 41.71
PIMCO 1-5 Year US TIPS Index Fund (STPZ) 3.2 $133M 2.5M 52.54
SPDR DJ International Real Estate ETF (RWX) 2.9 $123M 3.0M 41.41
Flexshares Tr mornstar upstr (GUNR) 2.9 $120M 3.5M 34.40
Wisdomtree Tr em lcl debt (ELD) 2.6 $108M 2.4M 44.60
SPDR DJ Wilshire REIT (RWR) 2.3 $97M 1.2M 79.80
iShares Lehman 3-7 Yr Treasury Bond (IEI) 2.1 $87M 714k 121.32
Vanguard FTSE All Wld Ex USSml Cap (VSS) 2.0 $82M 806k 102.13
SPDR Barclays Cptl Shrt Term Corp Bd ETF (SPSB) 1.9 $80M 2.6M 30.69
Claymore Beacon Global Timber Index 1.8 $75M 3.2M 23.51
SPDR DB Int'l Govt Infl Pro Bond (WIP) 1.7 $72M 1.2M 58.73
Powershares Senior Loan Portfo mf 1.4 $59M 2.4M 24.28
Vanguard Materials ETF (VAW) 0.7 $27M 246k 110.18
Vanguard Energy ETF (VDE) 0.7 $27M 207k 131.12
WisdomTree Emerging Mkts Small Cp Div (DGS) 0.5 $22M 476k 46.22
Ishares Tr fltg rate nt (FLOT) 0.4 $18M 350k 50.83
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.2 $7.8M 93k 84.51
Sherwin-Williams Company (SHW) 0.1 $5.1M 23k 218.98
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.1 $4.4M 44k 101.35
Pimco Etf Tr 0-5 high yield (HYS) 0.1 $4.1M 39k 103.66
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.0 $1.6M 15k 109.69
SPDR Nuveen Barclays Capital Municpl Bnd 0.0 $1.8M 77k 24.01
Spdr Index Shs Fds s^p global nat res (GNR) 0.0 $1.7M 34k 48.71
Vanguard Europe Pacific ETF (VEA) 0.0 $941k 24k 39.75
iShares Dow Jones Select Dividend (DVY) 0.0 $651k 8.8k 73.89
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 0.0 $659k 27k 24.39
Exxon Mobil Corporation (XOM) 0.0 $303k 3.2k 94.19
Apple (AAPL) 0.0 $620k 6.2k 100.78
International Business Machines (IBM) 0.0 $326k 1.7k 189.76
Procter & Gamble Company (PG) 0.0 $284k 3.4k 83.80
SPDR Gold Trust (GLD) 0.0 $214k 1.8k 116.43
Illumina (ILMN) 0.0 $488k 3.0k 163.98
Kinder Morgan Energy Partners 0.0 $383k 4.1k 93.28
Utilities SPDR (XLU) 0.0 $342k 8.1k 42.13
Vanguard Dividend Appreciation ETF (VIG) 0.0 $412k 5.4k 76.88
iShrs S&P ShtTrm Ntnl AMTFr MncplBnf ETF (SUB) 0.0 $472k 4.4k 106.21
iShares S&P US Pref Stock Idx Fnd (PFF) 0.0 $489k 12k 39.50
iShares Dow Jones EPAC Sel Div Ind (IDV) 0.0 $224k 6.3k 35.74
SPDR Barclays Capital Convertible SecETF (CWB) 0.0 $213k 4.3k 49.57
WisdomTree LargeCap Dividend Fund (DLN) 0.0 $252k 3.5k 71.23
iShares 2015 S&P AMT-Free Mun Ser ETF 0.0 $454k 8.6k 52.80
iShares 2016 S&P AMT-Free Mun Ser ETF 0.0 $575k 11k 53.50
Ishares Tr 2017 s^p amtfr 0.0 $576k 10k 55.18
Pengrowth Energy Corp 0.0 $52k 10k 5.20