MUTUAL FUND COMPLIANCE ASSOCIATE

0001138060-18-000011.txt : 20180511 0001138060-18-000011.hdr.sgml : 20180511 20180511101021 ACCESSION NUMBER: 0001138060-18-000011 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180331 FILED AS OF DATE: 20180511 DATE AS OF CHANGE: 20180511 EFFECTIVENESS DATE: 20180511 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MADISON INVESTMENT HOLDINGS INC CENTRAL INDEX KEY: 0001138060 IRS NUMBER: 391194160 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-03477 FILM NUMBER: 18825321 BUSINESS ADDRESS: STREET 1: 550 SCIENCE DR CITY: MADISON STATE: WI ZIP: 53711 BUSINESS PHONE: 6082740300 MAIL ADDRESS: STREET 1: 550 SCIENCE DR CITY: MADISON STATE: WI ZIP: 53711 FORMER COMPANY: FORMER CONFORMED NAME: MADISON INVESTMENT ADVISORS INC DATE OF NAME CHANGE: 20010411 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001138060 XXXXXXXX 03-31-2018 03-31-2018 MADISON INVESTMENT HOLDINGS INC

550 SCIENCE DR MADISON WI 53711

13F HOLDINGS REPORT 028-03477 Y Madison Asset Management, LLC, Madison Investment Advisors, LLC and Madison Investment Holdings, Inc. share all resources and personnel at their 550 Science Drive office, and such, no distinction is made among the three in the information table presented in the report. Due to rounding, certain dollar values may be higher or lower than the amounts would have been absent such rounding. TREY D. EDGERLE MUTUAL FUND COMPLIANCE ASSOCIATE 608-216-9193 TREY D. EDGERLE MADISON WI 05-10-2018 2 245 5614884 false 1 0001299351 028-10986 Madison Asset Management, LLC 2 0001507115 028-14137 Madison Investment Advisors, LLC INFORMATION TABLE 2 mihi13f1q2018informationta.xml INFORMATION TABLE 3M Company COM 88579Y101 12422 56587 SH SOLE 56132 0 455 Abbott Laboratories COM 002824100 254 4243 SH SOLE 4177 0 66 Accenture PLC - Class A COM G1151C101 56882 370564 SH SOLE 359527 0 11037 AES Corporation COM 00130H105 25239 2219775 SH SOLE 2219775 0 0 Alcoa Corp COM 013872106 6870 152800 SH SOLE 152800 0 0 Allstate Corp COM 020002101 265 2800 SH SOLE 2800 0 0 Alphabet Inc - Class A CAP STK CL A 02079K305 555 535 SH SOLE 535 0 0 Alphabet Inc - Class C CAP STK CL C 02079K107 58615 56809 SH SOLE 55211 0 1598 Altria Group Inc. COM 02209S103 648 10394 SH SOLE 10394 0 0 American Financial Group Inc. COM 025932104 746 6646 SH SOLE 6646 0 0 American Tower Corp COM 03027X100 51507 354391 SH SOLE 341971 0 12420 Amgen Inc COM 031162100 19877 116595 SH SOLE 116136 0 459 Amphenol Corp - Class A CL A 032095101 23802 276353 SH SOLE 267689 0 8664 Analog Devices Inc COM 032654105 20670 226813 SH SOLE 226078 0 735 Apache Corporation COM 037411105 14557 378298 SH SOLE 378298 0 0 Apple Inc COM 037833100 14810 88269 SH SOLE 87861 0 408 Arch Capital Group Ltd ORD G0450A105 55479 648196 SH SOLE 626986 0 21210 AT&T Inc COM 00206R102 643 18048 SH SOLE 18048 0 0 Automatic Data Processing Inc COM 053015103 11246 99104 SH SOLE 98259 0 845 Axalta Coating Systems Ltd COM G0750C108 40455 1340005 SH SOLE 1296845 0 43160 Baker Hughes a GE Co CL A 05722G100 7481 269400 SH SOLE 269400 0 0 Bank of America Corporation COM 060505104 30240 1008330 SH SOLE 1008330 0 0 Bank of New York Mellon Corpor COM 064058100 18372 356524 SH SOLE 356524 0 0 Baxter International Inc. COM 071813109 28813 443005 SH SOLE 443005 0 0 BB&T Corporation COM 054937107 11550 221937 SH SOLE 221787 0 150 Becton, Dickinson and Company COM 075887109 6300 29074 SH SOLE 28440 0 634 Berkshire Hathaway Inc - Cl B CL B 084670702 82782 414990 SH SOLE 401850 0 13140 Boeing Company (The) COM 097023105 845 2578 SH SOLE 2567 0 11 Bristol-Myers Squibb Co COM 110122108 301 4763 SH SOLE 4763 0 0 Brookfield Asset Management In CL A LTD VT SH 112585104 91971 2358224 SH SOLE 2277495 0 80729 Brown-Forman Corporation CL B 115637209 12151 223368 SH SOLE 216244 0 7124 Brown & Brown Inc. COM 115236101 45581 1791700 SH SOLE 1734792 0 56908 Canadian Natural Resources Ltd COM 136385101 13094 416070 SH SOLE 416070 0 0 CarMax Inc. COM 143130102 74382 1200877 SH SOLE 1160339 0 40538 Carnival Corp COM 143658300 14324 218419 SH SOLE 217784 0 635 Caterpillar Inc COM 149123101 7080 48042 SH SOLE 47992 0 50 CBRE Group Inc CL A 12504L109 216 4579 SH SOLE 4579 0 0 CBS Corp - Cl B CL B 124857202 4210 81929 SH SOLE 81929 0 0 CDW Corp/DE COM 12514G108 79044 1124224 SH SOLE 1084545 0 39679 Celgene Corp COM 151020104 6197 69467 SH SOLE 69439 0 28 Cerner Corporation COM 156782104 6885 118700 SH SOLE 118700 0 0 Charles Schwab Corp/The COM 808513105 27252 521867 SH SOLE 503726 0 18141 Chevron Corporation COM 166764100 28779 252358 SH SOLE 251165 0 1193 Chubb Ltd COM H1467J104 11858 86702 SH SOLE 85923 0 779 Ciena Corp COM 171779309 10435 402900 SH SOLE 402900 0 0 Cisco Systems Inc COM 17275R102 27877 649970 SH SOLE 646508 0 3462 Citigroup Inc. COM 172967424 7718 114345 SH SOLE 114345 0 0 CME Group Inc/IL COM 12572Q105 20293 125467 SH SOLE 125317 0 150 Coca-Cola Co COM 191216100 756 17413 SH SOLE 17163 0 250 Comcast Corp - Cl A CL A 20030N101 45964 1345166 SH SOLE 1297411 0 47755 Copart Inc COM 217204106 89524 1757794 SH SOLE 1695500 0 62294 Costco Wholesale Corp COM 22160K105 6815 36165 SH SOLE 35160 0 1005 Crown Castle International Cor COM 22822V101 33866 308968 SH SOLE 299124 0 9844 Crown Holdings Inc. COM 228368106 30178 594641 SH SOLE 575640 0 19001 CVS Health Corp COM 126650100 10797 173555 SH SOLE 173465 0 90 Danaher Corp COM 235851102 58475 597237 SH SOLE 574907 0 22330 DaVita Inc COM 23918K108 30223 458341 SH SOLE 443675 0 14666 Delta Air Lines Inc. COM 247361702 7213 131603 SH SOLE 131603 0 0 Diageo PLC ADR SPON ADR 25243Q205 41465 306194 SH SOLE 298748 0 7446 Discovery Communications Inc - COM SER C 25470F302 4101 210100 SH SOLE 210100 0 0 Discovery Communications Inc. COM SER A 25470F104 724 33800 SH SOLE 33800 0 0 Dollar General Corp COM 256677105 1480 15823 SH SOLE 15823 0 0 DowDuPont Inc COM 26078J100 30245 474723 SH SOLE 474723 0 0 Duke Energy Corp COM 26441C204 337 4347 SH SOLE 4347 0 0 eBay Inc. COM 278642103 602 14953 SH SOLE 14953 0 0 Ecolab Inc. COM 278865100 1333 9725 SH SOLE 9385 0 340 Emerson Electric Co COM 291011104 13258 194111 SH SOLE 193891 0 220 EOG Resources Inc. COM 26875P101 20849 198052 SH SOLE 198052 0 0 Expeditors International of Wa COM 302130109 44503 703052 SH SOLE 680424 0 22628 Express Scripts Holding Compan COM 30219G108 880 12740 SH SOLE 12706 0 34 Exxon Mobil Corporation COM 30231G102 28078 376337 SH SOLE 375515 0 822 Fastenal Co. COM 311900104 54613 1000424 SH SOLE 980655 0 19769 FedEx Corp COM 31428X106 25127 104649 SH SOLE 104649 0 0 Fortive Corp COM 34959J108 460 5934 SH SOLE 5934 0 0 Freeport-McMoRan Inc CL B 35671D857 26211 1491800 SH SOLE 1491800 0 0 General Motors Co COM 37045V100 8504 234000 SH SOLE 234000 0 0 Gilead Sciences Inc. COM 375558103 15293 202857 SH SOLE 202857 0 0 Glacier Bancorp Inc COM 37637Q105 26702 695717 SH SOLE 673656 0 22061 Halliburton Co COM 406216101 14644 311970 SH SOLE 311970 0 0 Hartford Financial Services Gr COM 416515104 12982 251985 SH SOLE 251985 0 0 Henry Schein Inc COM 806407102 80235 1193798 SH SOLE 1152563 0 41235 Home Depot Inc. COM 437076102 27978 156969 SH SOLE 156175 0 794 Humana Inc COM 444859102 13343 49635 SH SOLE 49635 0 0 IHS Markit Ltd SHS G47567105 42388 878681 SH SOLE 850848 0 27833 Intel Corporation COM 458140100 1813 34818 SH SOLE 34720 0 98 Jacobs Engineering Group Inc COM 469814107 64859 1096513 SH SOLE 1059405 0 37108 JM Smucker Company (The) COM 832696405 44195 356380 SH SOLE 346625 0 9755 Johnson & Johnson COM 478160104 60369 471084 SH SOLE 460397 0 10687 JPMorgan Chase & Co COM 46625H100 32927 299414 SH SOLE 299356 0 58 Kroger Co. (The) COM 501044101 670 27968 SH SOLE 27968 0 0 Laboratory Corp of America Hol COM 50540R409 42078 260140 SH SOLE 251734 0 8406 Liberty Broadband Corporation COM SER C 530307305 53799 627830 SH SOLE 607562 0 20268 Liberty Global plc -Series C SHS CL C G5480U120 30917 1016005 SH SOLE 983508 0 32497 Lowe's Cos Inc COM 548661107 1492 17000 SH SOLE 17000 0 0 Markel Corporation COM 570535104 85308 72897 SH SOLE 70423 0 2474 McDonald's Corporation COM 580135101 13720 87733 SH SOLE 87268 0 465 McKesson Corporation COM 58155Q103 4497 31920 SH SOLE 31920 0 0 Medtronic PLC SHS G5960L103 14352 178910 SH SOLE 178750 0 160 Merck & Co Inc COM 58933Y105 11595 212867 SH SOLE 212647 0 220 Microsoft Corporation COM 594918104 44831 491194 SH SOLE 488503 0 2691 Mondelez International Inc. - CL A 609207105 327 7840 SH SOLE 7840 0 0 Monsanto Co COM 61166W101 298 2555 SH SOLE 2555 0 0 National Oilwell Varco Inc COM 637071101 4866 132200 SH SOLE 132200 0 0 Nestle SA - Spons ADR COM 641069406 28285 357817 SH SOLE 356076 0 1741 NewMarket Corp COM 651587107 11711 29155 SH SOLE 28179 0 976 Newmont Mining Corp COM 651639106 11135 285000 SH SOLE 285000 0 0 NextEra Energy Inc. COM 65339F101 18315 112136 SH SOLE 110926 0 1210 NIKE Inc. - Class B CL B 654106103 251 3778 SH SOLE 3778 0 0 Nordstrom Inc COM 655664100 2532 52300 SH SOLE 52300 0 0 Northern Trust Corp COM 665859104 20398 197788 SH SOLE 196858 0 930 Novartis AG ADR SPONSORED ADR 66987V109 70909 877039 SH SOLE 851836 0 25203 NRG Energy Inc COM 629377508 15612 511360 SH SOLE 511360 0 0 Nucor Corp COM 670346105 15903 260321 SH SOLE 260021 0 300 O'Reilly Automotive Inc COM 67103H107 57813 233701 SH SOLE 225453 0 8248 Occidental Petroleum Corp COM 674599105 3638 56000 SH SOLE 56000 0 0 Oceaneering International Inc COM 675232102 9861 531892 SH SOLE 513540 0 18352 Omnicom Group Inc. COM 681919106 93541 1287204 SH SOLE 1242022 0 45182 Oracle Corporation COM 68389X105 53805 1176068 SH SOLE 1135401 0 40667 PayPal Holdings Inc COM 70450Y103 4515 59509 SH SOLE 59481 0 28 PepsiCo Inc. COM 713448108 22387 205102 SH SOLE 204401 0 701 Pfizer Inc. COM 717081103 21429 603804 SH SOLE 599945 0 3859 PNC Financial Services Group I COM 693475105 23209 153461 SH SOLE 152124 0 1337 PPG Industries Inc. COM 693506107 67517 604995 SH SOLE 582017 0 22978 Praxair Inc COM 74005P104 69925 484583 SH SOLE 471353 0 13230 Procter & Gamble Company (The) COM 742718109 15815 199488 SH SOLE 198330 0 1158 Progressive Corp. COM 743315103 6462 106057 SH SOLE 104387 0 1670 QUALCOMM Inc. COM 747525103 11482 207213 SH SOLE 207213 0 0 Range Resources Corporation COM 75281A109 6241 429200 SH SOLE 429200 0 0 Regions Financial Corp COM 7591EP100 16408 883096 SH SOLE 883096 0 0 Reinsurance Group of America I COM 759351604 231 1500 SH SOLE 1500 0 0 Rio Tinto PLC - Sponsored ADR SPONSORED ADR 767204100 16714 324360 SH SOLE 324360 0 0 RLI Corp COM 749607107 1014 15997 SH SOLE 15997 0 0 Ross Stores Inc COM 778296103 23263 298323 SH SOLE 288903 0 9420 RPM International Inc COM 749685103 21491 450828 SH SOLE 435930 0 14898 Schlumberger Ltd COM 806857108 23617 364578 SH SOLE 363431 0 1147 Seagate Technology PLC SHS G7945M107 14040 239925 SH SOLE 239925 0 0 Southern Co COM 842587107 371 8300 SH SOLE 8300 0 0 Starbucks Corp COM 855244109 45593 787575 SH SOLE 766622 0 20953 Steel Dynamics Inc COM 858119100 7898 178600 SH SOLE 178600 0 0 Stryker Corporation COM 863667101 848 5269 SH SOLE 5269 0 0 T-Mobile US Inc COM 872590104 32276 528765 SH SOLE 528765 0 0 TE Connectivity Ltd REG SHS H84989104 60455 605160 SH SOLE 592393 0 12767 Teck Resources Ltd CL B 878742204 7969 309350 SH SOLE 309350 0 0 Texas Instruments Inc COM 882508104 10410 100206 SH SOLE 100096 0 110 Textron Inc COM 883203101 22238 377100 SH SOLE 377100 0 0 Tiffany & Co. COM 886547108 337 3455 SH SOLE 3455 0 0 TJX Cos Inc COM 872540109 112317 1377103 SH SOLE 1332121 0 44982 Travelers Cos Inc COM 89417E109 14817 106706 SH SOLE 106581 0 125 U.S. Bancorp COM 902973304 100971 1999434 SH SOLE 1953435 0 45999 Union Pacific Corp COM 907818108 14149 105254 SH SOLE 104303 0 951 United Parcel Service Inc - Cl CL B 911312106 23085 220567 SH SOLE 219281 0 1286 United Technologies Corp COM 913017109 18511 147121 SH SOLE 146966 0 155 UnitedHealth Group Inc COM 91324P102 669 3128 SH SOLE 3043 0 85 Varian Medical Systems Inc COM 92220P105 31982 260759 SH SOLE 250863 0 9896 Verizon Communications Inc COM 92343V104 19689 411740 SH SOLE 409738 0 2002 Visa Inc - Class A COM CL A 92826C839 50230 419912 SH SOLE 405780 0 14132 W.R. Berkley Corporation COM 084423102 39114 538018 SH SOLE 521042 0 16976 Wabtec Corp/DE COM 929740108 267 3283 SH SOLE 3283 0 0 Walt Disney Company (The) COM 254687106 10597 105511 SH SOLE 104504 0 1007 Waste Management Inc COM 94106L109 404 4800 SH SOLE 4800 0 0 Wells Fargo & Co COM 949746101 17474 333402 SH SOLE 333047 0 355 Weyerhaeuser Co COM 962166104 26433 755225 SH SOLE 755225 0 0 Whirlpool Corp COM 963320106 6048 39500 SH SOLE 39500 0 0 Xilinx Inc COM 983919101 24336 336883 SH SOLE 335579 0 1304 Zoetis Inc CL A 98978V103 38204 457483 SH SOLE 442773 0 14710 Energy Select Sector SPDR Fund SBI INT-ENERGY 81369Y506 20207 299756 SH SOLE 299756 0 0 iShares 20 Year Treasury Bond 20 YR TR BD ETF 464287432 71440 586057 SH SOLE 586057 0 0 iShares 3-7 Year Treasury Bond 3-7 YR TR BD ETF 464288661 1551 12856 SH SOLE 12856 0 0 iShares 7-10 Year Treasury Bon 7-10 Y TR BD ETF 464287440 121607 1178473 SH SOLE 1178473 0 0 iShares Core MSCI EAFE ETF CORE MSCI EAFE 46432F842 2469 37478 SH SOLE 37478 0 0 iShares Core MSCI Emerging Mar CORE MSCI EMKT 46434G103 1667 28550 SH SOLE 28550 0 0 iShares Core S&P 500 ETF CORE S&P500 ETF 464287200 56505 212929 SH SOLE 212929 0 0 iShares Core S&P Mid-Cap ETF CORE S&P MCP ETF 464287507 108891 580533 SH SOLE 580444 0 89 iShares Core S&P Small-Cap ETF CORE S&P SCP ETF 464287804 38360 498123 SH SOLE 497150 0 973 iShares Currency Hedged MSCI E CUR HD EURZN ETF 46434V639 332 11318 SH SOLE 11318 0 0 iShares Edge MSCI Min Vol EAFE MIN VOL EAFE ETF 46429B689 5980 81152 SH SOLE 81152 0 0 iShares Edge MSCI Min Vol Emer MIN VOL EMRG MKT 464286533 15265 244864 SH SOLE 244864 0 0 iShares Edge MSCI USA Quality USA QUALITY FCTR 46432F339 2099 25378 SH SOLE 25378 0 0 iShares Floating Rate Bond ETF FLTG RATE NT ETF 46429B655 14321 281193 SH SOLE 281193 0 0 iShares iBonds Dec 2019 Term C IBONDS DEC19 ETF 46434VAU4 684 27598 SH SOLE 27598 0 0 iShares iBonds Dec 2020 Term C IBONDS DEC20 ETF 46434VAQ3 548 21856 SH SOLE 21432 0 424 iShares iBonds Dec 2021 Term C IBONDS DEC21 ETF 46434VBK5 914 37354 SH SOLE 36053 0 1301 iShares iBonds Dec 2022 Term C IBONDS DEC22 ETF 46434VBA7 670 27334 SH SOLE 26470 0 864 iShares iBonds Sep 2018 Term M IBONDS SEP18 ETF 46429B580 438 17260 SH SOLE 17260 0 0 iShares iBonds Sep 2019 Term M IBONDS SEP19 ETF 46429B564 560 22130 SH SOLE 22130 0 0 iShares MSCI EAFE ETF MSCI EAFE ETF 464287465 1601 22980 SH SOLE 22789 0 191 iShares MSCI EAFE Small-Cap ET EAFE SML CP ETF 464288273 215 3298 SH SOLE 3298 0 0 iShares MSCI Emerging Markets MSCI EMG MKT ETF 464287234 329 6817 SH SOLE 6817 0 0 iShares MSCI Eurozone ETF MSCI EURZONE ETF 464286608 40711 939133 SH SOLE 939133 0 0 iShares MSCI Japan ETF MSCI JPN ETF 46434G822 29096 479498 SH SOLE 479498 0 0 iShares Nasdaq Biotechnology E NASDAQ BIOTECH 464287556 988 9259 SH SOLE 9259 0 0 iShares Russell 1000 Growth ET RUS 1000 GRW ETF 464287614 1042 7657 SH SOLE 7657 0 0 iShares Russell 1000 Value ETF RUS 1000 VAL ETF 464287598 915 7631 SH SOLE 7631 0 0 iShares Russell 2000 Growth ET RUS 2000 GRW ETF 464287648 393 2062 SH SOLE 2062 0 0 iShares Russell 2000 Value ETF RUS 2000 VAL ETF 464287630 391 3211 SH SOLE 3211 0 0 iShares Russell Mid-Cap Growth RUS MD CP GR ETF 464287481 451 3667 SH SOLE 3667 0 0 iShares TIPS Bond ETF TIPS BD ETF 464287176 28792 254680 SH SOLE 254680 0 0 Oppenheimer Large Cap Revenue LARGE CAP REV ET 68386C104 5757 115556 SH SOLE 115556 0 0 Oppenheimer Mid Cap Revenue ET MID CAP REV ETF 68386C203 6142 104215 SH SOLE 104215 0 0 Oppenheimer Small Cap Revenue SMALL CAP REV ET 68386C302 2722 40139 SH SOLE 40139 0 0 PowerShares Buyback Achievers DYNA BUYBK ACH 73935X286 11189 196541 SH SOLE 196541 0 0 PowerShares DB Gold Fund DB GOLD FUND 73936B606 10853 258400 SH SOLE 258400 0 0 Powershares Dynamic Pharmaceut DYN PHRMA PORT 73935X799 2024 32442 SH SOLE 32442 0 0 PowerShares FTSE RAFI Develope DEV MKTS EX-US 73936T789 4148 92894 SH SOLE 92894 0 0 PowerShares FTSE RAFI US 1000 FTSE RAFI 1000 73935X583 8024 72824 SH SOLE 72824 0 0 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1357999 0 0 SPDR Gold Shares GOLD SHS 78463V107 15093 119987 SH SOLE 119987 0 0 SPDR S&P Dividend ETF S&P DIVID ETF 78464A763 5875 64419 SH SOLE 64419 0 0 SPDR S&P Emerging Asia Pacific ASIA PACIF ETF 78463X301 5089 47723 SH SOLE 47723 0 0 SPDR S&P MidCap 400 ETF Trust UTSER1 S&PCRP 78467Y107 7209 21096 SH SOLE 20990 0 106 SPDR S&P Oil & Gas Exploration S&P OILGAS EXP 78464A730 1603 45500 SH SOLE 45500 0 0 SPDR S&P500 ETF Trust TR UNIT 78462F103 80083 304326 SH SOLE 304227 0 99 VanEck Vectors Gold Miners ETF GOLD MINERS ETF 92189F106 6757 307400 SH SOLE 307400 0 0 Vanguard Dividend Appreciation DIV APP ETF 921908844 1403 13888 SH SOLE 13888 0 0 Vanguard Financials ETF FINANCIALS ETF 92204A405 30911 444951 SH SOLE 444951 0 0 Vanguard FTSE All-World ex-US ALLWRLD EX US 922042775 189268 3481113 SH SOLE 3481113 0 0 Vanguard FTSE All World ex-US FTSE SMCAP ETF 922042718 14823 124313 SH SOLE 124313 0 0 Vanguard FTSE Emerging Markets FTSE EMR MKT ETF 922042858 38510 819713 SH SOLE 819586 0 127 Vanguard FTSE Europe ETF FTSE EUROPE ETF 922042874 52008 894381 SH SOLE 894381 0 0 Vanguard Growth ETF GROWTH ETF 922908736 101392 714635 SH SOLE 714635 0 0 Vanguard Information Technolog INF TECH ETF 92204A702 24068 140749 SH SOLE 140749 0 0 Vanguard Int-Term Corp Bond Fu INT-TERM CORP 92206C870 3926 46277 SH SOLE 46277 0 0 Vanguard Large-Cap ETF LARGE CAP ETF 922908637 26588 219351 SH SOLE 219351 0 0 Vanguard Long-Term Corporate B LG-TERM COR BD 92206C813 2933 32109 SH SOLE 32109 0 0 Vanguard Materials ETF MATERIALS ETF 92204A801 4836 37520 SH SOLE 37520 0 0 Vanguard REIT ETF REIT ETF 922908553 465 6155 SH SOLE 6155 0 0 Vanguard S&P 500 ETF S&P 500 ETF SHS 922908363 1054 4353 SH SOLE 4353 0 0 Vanguard Short-Term Corporate SHRT TRM CORP BD 92206C409 75805 966536 SH SOLE 966536 0 0 Vanguard Short-Term Treasury E SHORT TERM TREAS 92206C102 33983 566000 SH SOLE 566000 0 0 Vanguard Telecommunication Ser TELCOMM ETF 92204A884 3535 42253 SH SOLE 42253 0 0 Vanguard Total Bond Market ETF 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