ValMark Advisers

ValMark Advisers as of June 30, 2011

Portfolio Holdings for ValMark Advisers

ValMark Advisers holds 36 positions in its portfolio as reported in the June 2011 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard FTSE All-World ex-US ETF (VEU) 11.4 $63M 1.3M 49.81
iShares Barclays TIPS Bond Fund (TIP) 10.6 $59M 529k 110.64
iShares S&P 500 Growth Index (IVW) 10.3 $57M 815k 69.48
iShares S&P 500 Value Index (IVE) 9.9 $55M 884k 62.00
iShares S&P MidCap 400 Index (IJH) 9.7 $53M 547k 97.70
iShares S&P SmallCap 600 Index (IJR) 7.9 $43M 591k 73.32
iShares IBoxx $ Invest Grade Corp Bd (LQD) 6.8 $38M 342k 110.13
iShares iBoxx $ High Yid Corp Bond (HYG) 5.1 $28M 307k 91.31
Spdr Index Shs Fds s^p global nat res (GNR) 4.5 $25M 414k 59.73
iShares Lehman 7-10 Yr Treas. Bond (IEF) 3.2 $18M 185k 95.86
SPDR DJ International Real Estate ETF (RWX) 2.8 $15M 378k 40.38
SPDR DB Int'l Govt Infl Pro Bond (WIP) 2.6 $14M 233k 61.92
iShares S&P US Pref Stock Idx Fnd (PFF) 2.5 $14M 352k 39.66
SPDR DJ Wilshire REIT (RWR) 2.4 $13M 196k 66.60
Vanguard Emerging Markets ETF (VWO) 2.3 $13M 259k 48.62
Vanguard FTSE All Wld Ex USSml Cap (VSS) 2.0 $11M 107k 102.73
Claymore Beacon Global Timber Index 1.9 $11M 496k 21.10
First Trust ISE ChIndia Index Fund 1.8 $9.7M 386k 25.23
Vanguard Europe Pacific ETF (VEA) 0.5 $2.6M 69k 38.08
iShares Lehman 1-3 Year Treas.Bond (SHY) 0.3 $1.7M 21k 84.30
SPDR Nuveen Barclays Capital Municpl Bnd 0.3 $1.4M 62k 22.65
Sherwin-Williams Company (SHW) 0.2 $1.4M 16k 83.85
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.2 $874k 8.4k 103.48
Wisdomtree Tr em lcl debt (ELD) 0.1 $700k 13k 53.56
SPDR Nvn Barclys Cptl Shrt Trm Mncpl Bnd 0.1 $603k 25k 24.23
SPDR Barclays Cptl Shrt Term Corp Bd ETF (SPSB) 0.1 $580k 19k 30.56
Vanguard Energy ETF (VDE) 0.1 $467k 4.2k 110.53
First Trust BICK Index Fund ETF 0.1 $411k 13k 31.87
Vanguard Materials ETF (VAW) 0.1 $356k 4.1k 86.03
International Business Machines (IBM) 0.1 $268k 1.6k 171.36
Procter & Gamble Company (PG) 0.1 $255k 4.0k 63.54
UnitedHealth (UNH) 0.1 $267k 5.2k 51.60
WesBan (WSBC) 0.1 $286k 15k 19.67
iShares Dow Jones Select Dividend (DVY) 0.1 $254k 4.8k 52.83
SPDR Gold Trust (GLD) 0.0 $217k 1.5k 146.33
Vanguard Dividend Appreciation ETF (VIG) 0.0 $224k 4.0k 56.04