ValMark Advisers

Valmark Advisers as of Dec. 31, 2016

Portfolio Holdings for Valmark Advisers

Valmark Advisers holds 75 positions in its portfolio as reported in the December 2016 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard FTSE All-World ex-US ETF (VEU) 12.5 $496M 11M 44.18
iShares S&P 500 Value Index (IVE) 11.3 $446M 4.4M 101.38
iShares S&P 500 Growth Index (IVW) 10.3 $406M 3.3M 121.79
iShares S&P MidCap 400 Index (IJH) 8.0 $316M 1.9M 165.34
iShares S&P SmallCap 600 Index (IJR) 7.9 $314M 2.3M 137.52
Flexshares Tr iboxx 3r targt (TDTT) 4.8 $191M 7.7M 24.70
iShares IBoxx $ Invest Grade Corp Bd (LQD) 4.7 $186M 1.6M 117.18
Vanguard Emerging Markets ETF (VWO) 4.4 $175M 4.9M 35.78
iShares iBoxx $ High Yid Corp Bond (HYG) 4.2 $166M 1.9M 86.55
iShares Lehman 3-7 Yr Treasury Bond (IEI) 3.5 $137M 1.1M 122.51
Flexshares Tr mornstar upstr (GUNR) 3.4 $135M 4.7M 28.66
SPDR Barclays Cptl Shrt Term Corp Bd ETF (SPSB) 3.0 $117M 3.8M 30.53
SPDR DJ International Real Estate ETF (RWX) 2.9 $115M 3.2M 36.08
Jpm Em Local Currency Bond Etf 2.5 $98M 5.5M 17.60
SPDR DJ Wilshire REIT (RWR) 2.3 $93M 993k 93.35
Vanguard FTSE All Wld Ex USSml Cap (VSS) 2.0 $78M 828k 94.03
PIMCO 1-5 Year US TIPS Index Fund (STPZ) 1.9 $75M 1.4M 52.47
Vanguard Mortgage Bkd Sects ETF (VMBS) 1.6 $65M 1.2M 52.29
Powershares Senior Loan Portfo mf 1.5 $59M 2.5M 23.36
Claymore Beacon Global Timber Index 1.3 $53M 2.1M 24.77
iShares Lehman 1-3 Year Treas.Bond (SHY) 1.3 $52M 610k 84.45
Vanguard Charlotte Fds intl bd idx etf (BNDX) 0.9 $34M 630k 54.29
iShares S&P 1500 Index Fund (ITOT) 0.6 $24M 476k 51.29
Vanguard Materials ETF (VAW) 0.6 $24M 215k 112.44
Vanguard Energy ETF (VDE) 0.6 $24M 231k 104.68
Ishares Tr fltg rate nt (FLOT) 0.4 $17M 342k 50.73
Vanguard Short-Term Bond ETF (BSV) 0.3 $11M 139k 79.45
Pimco Etf Tr 0-5 high yield (HYS) 0.2 $8.1M 81k 99.86
WisdomTree Emerging Mkts Small Cp Div (DGS) 0.1 $5.0M 128k 39.11
PIMCO Enhanced Short Mat Str Fund ETF (MINT) 0.1 $4.8M 48k 101.34
Schwab Strategic Tr us dividend eq (SCHD) 0.1 $3.8M 86k 43.57
Sherwin-Williams Company (SHW) 0.1 $2.9M 11k 268.75
iShares Dow Jones Select Dividend (DVY) 0.1 $2.9M 33k 88.56
Vanguard Extended Market ETF (VXF) 0.1 $1.8M 19k 95.90
Vanguard Europe Pacific ETF (VEA) 0.0 $1.7M 46k 36.53
iShares S&P Natl AMTFr Mncpl Bd (MUB) 0.0 $1.2M 11k 108.19
Vanguard Dividend Appreciation ETF (VIG) 0.0 $1.3M 15k 85.16
iShares Dow Jones EPAC Sel Div Ind (IDV) 0.0 $1.1M 38k 29.55
SPDR Barclays Capital 1-3 Month T- 0.0 $1.1M 24k 45.72
WisdomTree DEFA (DWM) 0.0 $1.2M 25k 46.40
Spdr Nuveen Barclays Muni Bond Etf nuvn brcly muni (TFI) 0.0 $1.1M 22k 47.44
Apple (AAPL) 0.0 $970k 8.4k 115.83
Vanguard High Dividend Yield ETF (VYM) 0.0 $977k 13k 75.80
WisdomTree Emerging Markets Eq (DEM) 0.0 $711k 19k 37.33
WisdomTree SmallCap Dividend Fund (DES) 0.0 $710k 8.6k 82.71
iShares MSCI Emerging Markets Indx (EEM) 0.0 $430k 12k 34.98
Berkshire Hathaway (BRK.B) 0.0 $394k 2.4k 163.15
Exxon Mobil Corporation (XOM) 0.0 $234k 2.6k 90.31
McDonald's Corporation (MCD) 0.0 $301k 2.5k 121.71
Walt Disney Company (DIS) 0.0 $257k 2.5k 104.18
General Electric Company 0.0 $302k 9.6k 31.60
Boeing Company (BA) 0.0 $210k 1.4k 155.56
Pepsi (PEP) 0.0 $236k 2.3k 104.80
SPDR Gold Trust (GLD) 0.0 $246k 2.2k 109.72
Illumina (ILMN) 0.0 $381k 3.0k 128.02
iShares Lehman Aggregate Bond (AGG) 0.0 $238k 2.2k 108.08
Utilities SPDR (XLU) 0.0 $394k 8.1k 48.54
iShrs S&P ShtTrm Ntnl AMTFr MncplBnf ETF (SUB) 0.0 $319k 3.0k 105.14
iShares S&P NA Nat. Re. Sc. Idx (IGE) 0.0 $303k 8.4k 36.00
iShares S&P US Pref Stock Idx Fnd (PFF) 0.0 $436k 12k 37.22
iShares MSCI EAFE Growth Index (EFG) 0.0 $559k 8.8k 63.73
SPDR DJ Wilshire Small Cap Growth (SLYG) 0.0 $367k 1.8k 208.29
SPDR Barclays Capital Convertible SecETF (CWB) 0.0 $282k 6.2k 45.71
WisdomTree LargeCap Dividend Fund (DLN) 0.0 $283k 3.5k 79.99
Wisdomtree Tr em lcl debt (ELD) 0.0 $211k 5.9k 35.81
WisdomTree MidCap Dividend Fund (DON) 0.0 $221k 2.3k 94.36
Spdr Index Shs Fds s^p global nat res (GNR) 0.0 $514k 13k 41.09
WisdomTree DEFA Equity Income Fund (DTH) 0.0 $253k 6.6k 38.18
Ishares Tr 2017 s^p amtfr 0.0 $455k 17k 27.18
Ishares Tr cmn (GOVT) 0.0 $281k 11k 24.91
Ishares S&p Amt-free Municipal 0.0 $456k 18k 25.42
I Shares 2019 Etf 0.0 $451k 18k 25.30
Nuveen Barclays Shrt Term Muni bdfund (SHM) 0.0 $374k 7.8k 47.97
Teekay Lng Partners 0.0 $162k 11k 14.42
Central Fd Cda Ltd cl a 0.0 $117k 10k 11.33